AP/ AR Manager -Trading Settlements- Fixed-term

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

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 Supply, Trading &Shipping Team in Budapest and advance your career as an

AP/ AR Manager -Trading Settlements- Fixed-term

Please note that this role is offered on a fixed term basis, approximately until February 2028

The Supply, Trading &Shipping Team (ST&S) delivers physical trades with external and internal counterparties 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 physical life cycle (from trade execution through to physical delivery). Transactions can be very high value and with complex terms and conditions, requiring efficient problem solving skills.

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

The role supports FBT ST&S LT in owning and leading the settlement related processes, projects and initiatives.

In this role You will (be doing):

• Direct or indirect leadership of senior members and first level leaders

• Oversee full portfolio of 3rd physical settlements

• Recruit, retain and develop a team of highly skilled Trading Settlements Analysts

• Develop strong working relationships with ST&S Front Office and Functional Teams

• Deal with new business, process and other related project activity

• Ensure full compliance with the BP ST&S Settlements Policy

• Ensure delivery of high quality customer service

• Oversee aged debt process

• Oversee and ensure completion of all team related ad-hoc queries

• Champion, drive and deliver continuous Improvement ideas

• Represents the business to both internal and external audiences

• Required to influence others to achieve desired self/team goals and objectives. Influence LT members.

What You will need to be successful:

Experience

• Relevant finance degree

• minimum of 6 years of experience in finance or accounting

Leadership and Team Management

• At least 5 years of experience coaching and/or leading teams.

• Proven track record to handle challenging priorities and deliver results consistently.

• Strong change-management skills and the ability to lead teams through process and organisational change.

• A collaborative approach, with the resilience to perform effectively during high-pressure periods such as month-end and quarter-end.

Technical and Operational Expertise

• Experience using SAP.

• In-depth knowledge of accounts payable and accounts receivable settlement principles.

• Strong understanding of the trading environment, supported by deep expertise in trading settlements processes.

• Demonstrated ability to use artificial intelligence tools effectively and responsibly to improve productivity, decision-making, and process efficiency, while actively encouraging and supporting their adoption within the team.

• Strong commitment to business controls, including the confidence to speak up when appropriate.

Continuous Improvement and Delivery

• Demonstrated experience developing and implementing continuous improvement initiatives, including process, automation, and reporting enhancements.

• Ability to deliver high-quality results within tight deadlines.

Analytical and Problem-Solving Skills

• Strong analytical and problem-solving skills and attention to detail, committed attitude.

Communication and Stakeholder Management

• Excellent communication and interpersonal skills, with the ability to engage and influence a diverse range of partners at all levels.

• Strong stakeholder-management and customer-service capabilities.

• Demonstrates integrity, professionalism, and a strong work ethic.

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.

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.

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:

Analytical Thinking, Business process improvement, Collaboration, Creativity and Innovation, Curiosity, Customer experience, Decision Making, Internal control and compliance, Problem Solving, Resilience, Thought Leadership, Trading knowledge

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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.