Trade Settlements Team Lead

at  BP

PREVIOUS EXPERIENCE

Relevant finance degree and minimum of 10 years of experience finance or accounting
Minimum 5+ years of leading teams
SAP experience preferred
Deep understanding of Accounts Payable and Receivable settlement principles
Understanding of Trading and Settlements environment

SKILLS:

Accounting, Accounting policy, Accounting processes and financial systems, Analytical Thinking, Business process control, Business process improvement, Commercial Acumen, Communication, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Digital fluency, Finance, Financial accounting and reporting, Influencing, Internal control and compliance, Management Reporting, Managing change, Project Management, Risk Management, Stakeholder Management, Trade Settlement

JOB PURPOSE

T&S executes physical trades with external supply customers globally. The role of the T&S Settlement 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.

KEY RESPONSIBILITIES

Manage, coach and guide a team of Settlements Analysts
Stand in in the absence of Settlements Manager
Oversee full portfolio of Physical Oil
Recruit, retain and develop a team of highly skilled Analysts
Develop strong working relationships with T&S Front Office and Functional Teams
Deal with new business, process and other related project activities.
Ensure full compliance with the BP IST Settlements Policy
Oversee aged debt process
Oversee and ensure completion of all team related ad-hoc queries
Champion, drive and deliver continuous Improvement ideas