Trading Settlements Senior Analyst

Details of the offer

Travel required: No travel is expected with this role
Job category: Finance Group
Relocation available: This role is not eligible for relocation
Job Summary
Our supply and trading business, Trading & Shipping (T&S), connects BP to the world's traded markets for oil, gas, power, refinery feedstocks, and currencies. We market BP's equity crude oil and natural gas, import feedstocks for our refinery system, and buy products to meet marketing demand. We offer a combination of unique expertise in physical supply and trading, innovative financial structures, and world-class analytics to deliver long-term value, from wellhead to end customer.
Key Responsibilities
Accountable for the accurate and timely completion of Marine Bunker Oil Settlements activities within the area of responsibility
Support the integration of new business activity into the area of responsibility, ensuring that activity is embedded in a controlled and efficient manner
Accountable for ensuring that the operational activity within the area of responsibility is conducted within a strong control framework. Highlight any gaps or issues, develop, document, and implement mitigations as appropriate
Understand the business performance expectations, measurement, and reporting of KPIs for the area of responsibility. Provide commentary and actions as appropriate and address root cause of issues
Deal with Settlement disputes in a timely manner
Develop and maintain strong relationships with T&S Commercial Teams
Ensure full compliance with the BP T&S Settlements Policy
Provide good quality customer service in all external interactions
Work with relevant teams addressing root causes of outstanding items and issues raised
Manage aged debt and daily cash funding, supporting Group cash and working capital management objectives
Deal with a wide variety of ad-hoc queries
Pro-actively seek opportunities to standardize, simplify, and automate processes to improve performance and efficiency
Identify and deliver Continuous Improvement ideas
Support change activities to ensure successful implementation in the area of responsibility
Actively participate in and support projects as appropriate
Essential Education, Experience and Job Requirements
Bachelor's Degree in Accounting/Finance or equivalent
9 – 10 years of experience
General understanding of Accounts Payable/Receivable settlement and Tax principles
Understanding of Commodity Trading and/or Oil Physical Life cycle (deal entry to settlement) would be advantageous
Able to work ANZ hours for a few days during month-end closing
Basic change management or process improvement skills
Good problem-solving, communication, and interpersonal skills
Ability to work as part of a team in a fast-paced environment
Good MS skills and ability to manage data from multiple sources and systems
Strong teamwork capabilities with ability to support and appropriately challenge team members
Why Join Us?
At BP, we support our people to learn and grow in a diverse and challenging 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! These benefits can include flexible working options, paid parental leave policy among others!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Remote Type:This position is a hybrid of office/remote working
Skills:Analytical Thinking, Business process improvement, Communication, Creativity and Innovation, Curiosity, Customer experience, Decision Making, Group Problem Solving, Internal control and compliance, Resilience, Thought Leadership, Trading knowledge
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.#J-18808-Ljbffr


Nominal Salary: To be agreed

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