Trading Settlements Senior Analyst

As a leading global energy company, we provide heat, light and mobility to customers worldwide. Across the bp landscape, we’re home to a range of brands across many areas of our industry. We’re investing in today’s energy system and helping build out tomorrow’s. So while we’re still in oil and gas, over the next decade we’ll become a different kind of energy company. We’re decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people’s lives.

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.

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?

Join our Team and advance your career as a Trading Settlements Senior Analyst

ST&S delivers physical and financial trades with external counter parties and customers, both on behalf of BP's businesses, managing 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.
 

• Manage a portfolio of 3rd parties for settlement of financial and physical transactions.
• Accountable for the accurate and timely completion of Settlements activities within area of responsibility, which include:

• Generate customer invoices and supporting documentation
• Settle all 3rd party transactions per contractual terms
• Ensure funds are received and paid on time and accurately; liaise with counterparties should any discrepancies occur; provide thorough explanations for any outstanding balances
• Provide accurate details of projected cash flows to enable BP Treasury to manage daily and weekly cash requirements

• Develop and maintain strong relationships with ST&S commercial teams
• Ensure full compliance with the BP ST&S Settlements Policy
• Ensure delivery of high quality customer service
• 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

• Relevant finance degree and minimum of 1-3 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)
• Experience in trading settlements is an advantage & understanding of commodity trading lifecycle (deal execution/entry to settlement) is an advantage.

ESSENTIAL CRITERIA:

• Good analytical skills
• Attention to detail
• Good work ethics and professionalism
• Good problem solving, communication and interpersonal skills
• Ability to work as part of a team in a fast paced environment
• Readiness for action and ability to work 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
• Team player with ability to handle pressure particularly during busy periods such as month / quarter end
   

• 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