Entity:

Finance

Job Family Group:

Finance Group

Job Description:

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.
 

The Trade Settlements Lead handles settlements transactions and acts as primary interface with the trading counterparties, front office and operations team.
 

Key accountabilities:

Accountable for the accurate and timely completion of settlements activities within the area of responsibilitySupport the integration of new business activity into area of responsibility, ensure that activity is embedded in a controlled and efficient mannerAccountable for ensuring that the operational activity is conducted within a strong control framework.  Highlight any gaps or issues, develop, document and implement mitigations as appropriateUnderstand the business performance expectations, measurement and reporting of KPIs. Provide commentary and actions as appropriate and address root cause of issues.Deal with Settlement disputes in a timely mannerDevelop strong working relationships with Power & LCT Commercial TeamsEnsure full compliance with the bp T&S Settlements PolicySupport business relationships with identified key stakeholders, building and maintaining customer focusWork with relevant teams addressing root causes of outstanding items and issues raisedManaged aged debt and daily cash funding, support Group cash and working capital management objectivesPro-actively seek opportunities to standardize, simplify and automate processes to improve performance and efficiencySupport change activities to ensure successful implementationProvide coaching to team members and support for complex settlements scenariosIdentify and deliver Continuous Improvement ideas

Essential Education & Experience:

Relevant finance degree and minimum of 7-8 years of experience in finance or accountingDeep understanding of Accounts Payable and Receivable settlements principlesSAP experience preferredUnderstanding of Commodity Trading and accounting background would be advantageous

Desirable Criteria:

Strong analytical skills, attention to detailStrong work ethics and professionalismStrong stakeholder management, customer service capabilitiesStrong problem solving, communication and interpersonal skillsAbility to work as part of a team in a fast-paced environmentProven ability to communicate and influence across all levels in the organization Good Microsoft skills and ability to handle data from multiple sources and systemsStrong teamwork with ability to support and appropriately challenge team members  Ability to prioritize, handle pressure and deliver on deadlines in a fast-paced environmentSelf-confident appearance in relations to the internal contactsGood change management skillsProven experience in identifying continuous improvement opportunitiesAbility to mentor team membersCommitment to business control including the courage to speak up where appropriate

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.

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, Accounts Payable Management, Finance

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.