ARC Senior SME
Job Description
Entity:
Finance
Job Family 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 & Control Team and advance your career as an ARC Senior SME!
The Accounting, Reporting & Control Senior SME is responsible for ensuring that internal and external accounting and reporting for Low Carbon Energy region is prepared in accordance with IFRS and bp Group Accounting policies for the designated entity(ies) and businesses. This role is accountable for the integrity of accounting across the end to end process, including those activities carried out within FBT, and provides assurance to the Accounting, Reporting and Control Manager. The role holder will work to support financial activities for businesses in Low Carbon Energy region. (Hydrogen, Solar, Biofuels, Geothermal – depending on actual portfolio)
In this role You will:
Ensure that the Group reporting manual is properly applied at the local entity level and all accounting judgements are consulted, evidenced, documented and approved within Accounting Policy requirements and Delegations of Authority.
Acts as finance and tax SME to the business, applying detailed understanding of how appropriate application of accounting policy can ensure the best results within policy and compliance remit.
Oversees and validates reporting for the local entity(ies) and provides assurance to the Accounting, Reporting and Control Manager on the integrity of the financial reports.
Engaged with BP Accounting Policy team and maintains a close working relationship with the FBT supporting key financial processes.
Ensuring adherence to the financial standardisation agenda across the cluster and escalate exceptions to the relevant decision makers. This includes a deep knowledge of system processes including control points
Keeping abreast on fiscal and regulatory legislation for Group/IFRS
Able to translate and apply BP’s control framework at the local entity level
Ensure that complex issues and problems by following a diverse range of policies are solved and own judgements are applied.
Support ARC manager to influence others to achieve desired self/team goals and objectives. Influence LT members.
Ensures financial reporting meets the requirements for Group reporting including timeliness of data submissions, validation checks and ‘Additional and Supplementary’ data.
Ensures requirements of all local legislation over financial reporting, accounting and control are met, including Statutory and Tax Reporting where relevant.
Responsible for the oversight of the local entities balance sheet and cash flow, and treatment of cross charges for the country / Cluster costs, including consistency.
Responsible for coordinating the region’s statutory reporting process, as well as prepare or review statutory accounts for UK entities
Accountable for assuring the accuracy & completeness of the actuals / forecast process for the local entities and FBT analytical review in support of the RF.
Ensure delivery of the annual planning & rolling forecast process for the local entity
Support the Accounting, Reporting and Control Manager on the control agenda across the local entity(ies) and plants (ACDD, HRA, CoC, SOD, DoA, MCE, DD, BCRs, BSI), working with the GSC, FBT and BP ESE to assure a robust control environment;
Responsible for relevant Due Diligence process for the local entities, ensuring all relevant requirements are met.
Support Accounting, Reporting and Control Manager to lead the Risk Management process, ensuring it is truly embedded in local entities and appropriate mitigations are in place. Redefine procedures as appropriate.
Drive continuous improvement projects (e.g. via the accounting, reporting & control network).
Coaches the wider finance and business teams, to build capabilities and develop competencies and professional qualifications.
The Role Holder represents the region in global projects, coordinates and supports team members in ad-hoc issues, projects, initiatives.
What You will need to be successful:
Recognised national or international professional accountancy qualification e.g. CIMA, ACCA, ACA, CPA. or working towards this.
Fluency in Business English language
Experience in UK statutory process as account preparer, reviewer or auditor.
Strong understanding of how BP’s Financial control & Accounting processes and systems operate including key collaborators with other Corporate & Functions departments and with FBT
Extensive experience of reporting and MI processes (actuals, RF & plan)
Proven track record in controls, compliance & risk management in a multi-national environment
Proven track record demonstrating ability to interact with and influence people at all levels within the organisation, building strong relationships quickly
A strong understanding of IT&S infrastructure (preferably SAP)
Looks for ways to do things better, faster and more efficiently, and drive continuous improvement methodology
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
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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.