ARC Senior Analyst

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.

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.

Join our Accounting, Reporting and Control Team and advance your career as an ARC Senior Analyst!

The role is responsible for delivering high-quality Finance Group and Statutory Reporting support to assigned businesses and legal entities, ensuring compliance with Group Reporting standards and external regulatory requirements. It plays a key role in monthly, quarterly and annual close processes from a technical system perspective, handling complex accounting matters, statutory reporting activities, and audit support while ensuring accurate and timely financial reporting. The position requires close collaboration with business partners, tax teams, auditors and statutory managers to manage statutory and tax deliverables and maintain a strong control environment. In addition to operational responsibilities, the role is expected to identify and drive process improvement opportunities, support ongoing transformation initiatives, and contribute to projects related to systems, legal entity simplification, and compliance. Strong accounting expertise, stakeholder management, and a continuous improvement attitude are essential to successfully perform the responsibilities of the role.

In this role You will:

• Carry out the quarter end/ month end close processes in a timely and accurate manner for complex or difficult accounting areas requiring extensive experience in order to ensure the correct reporting and accounting treatment. Resolution of issues and queries may require reference to Group Reporting Manuals and / or working closely with the Business / Country teams supported/ other team members.

• Deliver the statutory close for the entities/processes assigned to them, working together with the Statutory SME and Process Lead / Statutory Manager. Prepare statutory deliverables for stakeholders (statutory accounts, lead schedules, director’s brief, tax pack, EY deliverables, quality control checklists) and handle queries from partners.

• Perform other non-close-related group reporting activities independently, including daily, weekly and monthly tasks. Absorb new ad-hoc activities and find new solutions for undiscovered areas. Invoice recording and payments.

• Ensure that Tax packs are filled in properly and in a timely manner and queries received from Tax Teams (EY in India or KL and BP Tax in UK) are answered in order to enable the timely preparation and submission of the Corporation Tax Return.

• Be familiar with the control environment relevant to their own area of responsibility, perform the responsibilities, and flag any control risks or gaps in a timely manner to the ARC Manager and the Internal Control team.

• Look for opportunities to drive process improvements of a notable nature and work with the relevant people to put these in place.

• Carry out quarterly analytical review commentary of BS and PL and support the internal teams with technical solutions for the analysis and control of incoming charges.

• Support segment reporting/group audit where relevant working closely with counterparties to ensure timely follow up and resolution on queries.

What You will need to be successful:

• Bachelor’s degree or higher in Finance, Accounting, Economics, or a related field is required.

• Proven experience in a related finance area.

Desirable criteria:

• Language and interpersonal skills with particular focus on client responsiveness

• Strong level of analytical skills, numeracy and strong financial understanding

• Customer- and service-oriented thinking,

• Readiness for action and ability to work under pressure,

• Self confident appearance in relations to the internal and external contacts

• Strong communication and collaboration skills

• Assertiveness

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.

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.