Job Description

Entity:

Finance

Job Family Group:

Finance Group

bp delivers energy products and services that people around the world need. Our Production & Operation segment is responsible for oil and natural gas exploration, field development and production. Our Customers & Products segment is focused on the refining and marketing of fuels, lubricants and petrochemicals.

Our commitment to building a stronger, more sustainable energy future is matched by our commitment to the people who will make it a reality

Our supply and trading business, Trading & Shipping(ST&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.

AtFBT , we're a highly-skilled and diverse team of 5,000+ professionals, based in locations globally. Priding ourselves on excellent teamwork, since the Kuala Lumpur center opened our people have driven this part of the organization to become an excellent global business service center.

ST&S executes physical and financial trades with external counter parties and customers, both on behalf of BP's businesses, coordinating physical supply and exposure; as well as for entrepreneurial purposes using market intelligence data.

The role of the 3rd Party Team is to ensure trades are recorded and settled (payments and receivables) in an accurate and timely manner. This requires a thorough understanding of the deal life cycle (from trade execution through to physical delivery and final settlement). Transactions can be very high value and with complex terms and conditions, requiring efficient problem solving skills.

The 3rd Party Settlements Team is responsible for coordinating operational cash and working capital on behalf of ST&S (c70% of bp's turnover is managed through the ST&S 3rd Party Teams). The team produces a daily cash funding forecast for Treasury Management purposes.

Key Accountabilities

• Operates the day-to-day Cash and Banking procedures
• Daily payment Runs
• Currency payments
• Internal Account Transfers
• Cash Allocation
• Month End
• Performs cash forecasting in line with BP requirements
• Accountable for overseeing delivery of silent running, accurate and timely recording of all cash transactions
• Supports the lead accountant to ensure that the Cash processes are aligned with the Group Treasury Policies and AML Cash Assurance Process
• Monitor and coordinate KPI collections and distribution to business stakeholders
• Act as project expert of any cash related project
• Ensure all reconciling items are followed up on a timely basis; Balance Sheet Integrity process is compliant with Group Reporting Manual.
• Liaise with other teams to ensure smooth monthly/quarterly close
• Manage aged debt and cash forecasting
• Deal with a wide variety of ad-hoc queries timely and escalate as appropriate
• Identify and assist in delivering continuous Improvement ideas
• Actively participate and support projects as appropriate
• Provide exceptional internal and external customer service in order to build and strengthen relationships

Job Requirement:

• Relevant finance degree and minimum of 2-5 years of experience finance or accounting
• Understanding of Accounts Payable and Receivable settlement principles
• SAP experience
• Developing and delivering Continuous Improvements ideas (e.g. process change and/or automation & reporting changes)
• Added advantage - experience in trading settlements & understanding of commodity trading lifecycle (deal execution/entry to settlement) is an advantage.
• highly analytical, diligent professional with strong problem-solving, communication, and interpersonal skills, capable of thriving in a fast-paced team environment, demonstrating excellent work ethics, and staying composed under pressure.
• Good stakeholder management/customer service capabilities
• Self-confident appearance in relations to the internal contacts
• Basic change management skills
• Commitment to business control including the courage to speak up where appropriate
• Great teammate with ability to handle pressure particularly during busy periods such as month / quarter end
• Language proficiency : English and Chinese

Desirable criteria

• Focuses efforts and prioritises work to deliver business value
• Demonstrates understanding of internal and external customer needs & exceeds expectations
• Builds networks to enhance effectiveness and share knowledge
• Looks for ways to do things better, faster, more efficiently
• Coaches others to help their professional development
• Customer Service excellence

At bp, we provide the following environment and benefits to you !

• A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the demeanor of giving back to our environment are highly valued
• Possibility to join our social communities and networks
• Learning opportunities and other development opportunities to craft your career path
• Life and health insurance, medical care package
• And many other benefits.

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:

Accounting policy, Accounting Processes and Financial Systems, Analytical Thinking, Analytics, Business process control, Business process improvement, Customer centric thinking, Data Analysis, Digital Automation, Digital Fluency, Financial Reporting, Internal control and compliance

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.