Job Description

Entity:

Finance

Job Family Group:

Finance Group

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.

ST&S Finance & Risk provides financial stewardship, reporting, control and risk support to Supply, Trading & Shipping. The Controllership team is part of Core Finance & Risk and owns controlled delivery of close and reporting activities for an assigned business or portfolio. The role reports to the Senior Manager, Controllership and provides technical controllership oversight across co-located, business and technology centre, and service-provider teams.

About the role

The Controllership Lead owns the accurate, timely and controlled delivery of close, accounting and reporting activities for an assigned ST&S business or portfolio. The role provides technical accounting execution and issue resolution, with particular focus on derivative accounting, fair value valuation, hedge or economic relationship considerations, and management-to-accounting alignment for commodity activity. It ensures accounting requirements and controls are consistently applied, provides clear, assured actuals to Finance stakeholders, and drives standardisation, simplification, automation and continuous improvement while maintaining effective collaborate with technical accounting, Commodity Risk, Commercial Finance, auditors and service providers.

In this role You will

• Lead and coordinate monthly, quarterly and annual close activities, ensuring complete, accurate and timely financial results, reconciliations and reporting.
• Own controllership delivery for the assigned scope, including due diligence, management-to-accounting alignment, derivative accounting, fair value valuation, intercompany matters, statutory reporting support and resolution of material issues.
• Ensure financial controls are appropriately designed and operated across close, reporting, derivative accounting and valuation processes; evidence is maintained, control gaps are assessed and remediated, and material risks or issues are raised promptly.
• Lead the accounting implementation of new business activity and business change, working with technical accounting and other specialists to translate requirements into sustainable processes, data, controls and ways of working.
• Coordinate priorities across teams and locations, review sophisticated outputs, provide technical guidance and support clear accountability for quality, service and delivery.
• Drive global consistency and continuous improvement by simplifying processes, reducing manual activity, strengthening data quality and sponsoring practical automation and technology improvements.

What You will need to be successful

• Bachelor's degree or equivalent experience in accounting, finance or a related rigor.
• Significant experience in controllership, accounting, reporting or financial control, including complex close activities and issue resolution in a large or sophisticated organisation.
• Professional accounting qualification preferred.
• Deep practical knowledge of financial accounting, period-end close, financial reporting and internal controls within a complex trading or supply environment.
• Strong expertise in accounting for physical and financial commodity activities, including derivative accounting, fair value valuation, market data impacts and lifecycle events.
• Strong understanding of commodity trading and supply businesses, including the impact of trading activities, contracts, systems and operational events on financial results.
• Strong analytical and problem-solving skills, with the ability to exercise sound judgement on complex accounting, valuation, data and control issues and assess materiality and risk.
• Strong stakeholder management and communication skills, with the ability to provide technical guidance, challenge effectively and influence senior Finance, Risk, technical accounting and audit stakeholders across teams and locations.

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
• Hybrid working arrangement aligned with team arrangements and business needs
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Celebrate in bp’s success. You may be eligible to join bp’s Global ShareMatch plan. This non-contractual benefit lets employees buy bp shares and receive matching shares, in line with plan rules
• 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.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

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:

Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, 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.