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Accounting, Reporting & Control Senior Subject Matter Expert (Derivative Accounting & Product Control)


bp
5 hours ago
Posted date
5 hours ago
N/A
Minimum level
N/A
Full-timeEmployment type
Full-time
Job Description:

Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you'll be fully connected into the world of bp. You'll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There's a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we're with you.

Join our team within Supply & Trading and Shipping and Procurement Operations and advance your career as Accounting, Reporting & Control Senior Subject Matter Expert including derivative accounting and product control responsibilities!

The Accounting, Reporting & Control Senior SME is responsible for ensuring that internal and external accounting and reporting is prepared in accordance with IFRS and BP Group Accounting policies for the designated entities and businesses. This role is accountable for the integrity of accounting across the end to end process, including those activities carried out within FBT and provides assurance to the RPT (Refined Product Trading) regional controllers.

The role works closely with business stakeholders, Regional ARC and FBT to ensure matters of control, financial system requirements, capability and integrity are properly considered and applied, and provides the main interface with audit/tax.

In this role You will:

  • Manage the Trading & Shipping - Refined Product Trading business' finance to deliver end-to-end financial accounting and reporting processes, ensuring activity is recorded and reported accurately and in a timely manner, whilst supporting transparency, integrity and operating excellence. Applies professional accounting and commercial judgement to ensure IFRS standards are adhered to.
  • Contribute to the accuracy of daily Trader Note, collaborates with Middle Office to ensure issues are resolved in a timely manner.
  • Explore automation/continuous improvement opportunities to bring out synergies and deliver efficiencies in the process.
  • Willingness to learn new skills, adopt new practices and seek growth opportunities.
  • Develop and maintain a series of internal and external relationships to ensure the successful delivery of accounting and reporting projects, applying advanced technical capabilities to support requests, issues, activities, audits, and planning.
  • Collaborate with senior stakeholders across departments to adopt innovative work practices.
  • Coordinate analysis and explanation of reports and accounts to ensure informed decision making, making sure that data is retained and meets obligations.
  • Adopt control agenda across the supported business, to assure a robust control environment; co-ordinate business control reviews, health checks and audits in local entities, and follow up on the recommendations and findings. This includes IT/Systems risks and controls.

What You will need to be successful:

  • Finance & Accounting Professional with 5+ years relevant experience
  • Recognized accounting qualification is preferred
  • Investment banking and product control experience is an advantage
  • Proficiency in English
  • Proven track record in Financial Accounting and Derivative Accounting
  • Hands-on experience in process re-engineering, improvements, and strong drive on process transformation
  • Experience in influencing teams
  • Solid understanding of derivative products
  • Able to manage multiple/conflicting priorities with a consistent track record of delivery against tight deadlines
  • Ability to align operational and project management tasks and priorities
  • Self-confident appearance in relation to internal and external partners
  • Strong communication and cooperation skills

Desirable capabilities:

  • Oil/Energy industry experience and knowledge with an understanding of the terminology, business functions and processes.
  • Experience in organizations supporting trading activity.

At bp, we provide the following environment & benefits to you:

  • Different bonus opportunities based on performance, wide range of cafeteria elements
  • Life & health insurance, medical care package
  • Flexible working schedule: home office up to 2 days / week, based on team agreement
  • Opportunity to build up long term career path and develop your skills with wide range of learning options
  • Family friendly workplace e.g.: Extended parental leave, Mother-baby room
  • Employees' wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
  • Possibility to join our social communities and networks
  • Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment

bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us!

At bp, we support our people to learn and grow in a diverse and ambitious environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life.

Disclaimer: Please note that, according to Hungarian law (2012/I. 113. §), mothers or single parents caring for a child under three years of age cannot be employed in night shift positions.

Travel Requirement
No travel is expected with this role

Relocation Assistance:
This role is not eligible for relocation

Remote Type:
This position is a hybrid of office/remote working

Skills:
Accounting, Accounting, Accounting for financial instruments, Accounting policy, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Communication, Creativity and Innovation, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Derivative Accounting, Digital Automation, Digital Fluency, Financial Accounting, Financial Reporting, Influencing, Internal control and compliance, Managing volatility, Project and programme management {+ 3 more}

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.
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JOB SUMMARY
Accounting, Reporting & Control Senior Subject Matter Expert (Derivative Accounting & Product Control)
bp
Budapest
5 hours ago
N/A
Full-time

Accounting, Reporting & Control Senior Subject Matter Expert (Derivative Accounting & Product Control)