Trading Settlements Senior Analyst

at  BP

JOB DESCRIPTION:

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.

SKILLS:

Accounting for financial instruments, Accounting for financial instruments, Accounting policy, Agility core practices, Agility tools, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Commercial assurance for external reporting, Communication, Creativity and Innovation, Credit Management, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Automation, Digital fluency, Financial Reporting, Influencing, Internal control and compliance, Long Term Planning {+ 4 more}

Manage a portfolio for settlement of financial and physical transactions.
Be accountable for the accurate and timely completion of Settlements activities within area of responsibility, which include:
Generate customer invoices and supporting documentation
Settle all 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, ensure disputes are tracked, monitored and resolved in a timely manner
Accurate and timely reporting of all transactions and processing in the Ledgers
Provide accurate details of projected cash flows to enable Treasury to manage daily and weekly cash requirements
Ensure smooth close and perform regular reconciliations. Ensure non-reconciling items are followed-up
Build and maintain strong relationships with trading and shipping commercial teams
Manage aged debt, cash forecasting and unreconciling items
Deal with a wide variety of ad-hoc queries timely and escalate as appropriate
Identify and assist in delivering continuous improvement ideas