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Trade Settlements Team Lead

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  • a month ago
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Job Description

Job summary

Job Family Group:


Finance Group

Job Description:


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

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

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 pace environment
Readiness for action and ability to work under pressure
Self-confident appearance in relations to the internal contacts
Basic change management skills
Ability to coach others
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

Why join us

At bp, we support our people to learn and grow in a diverse and challenging 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! These benefits can include flexible working options, paid parental leave policy among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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:


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

Legal Disclaimer:


We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bps 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 accommodation related to the recruitment process, please contact us to request accommodations.

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.

More Info

Industry:Other

Function:Finance

Job Type:Permanent Job

Skills Required

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Date Posted: 23/10/2024

Job ID: 97631235

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