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Settlements Senior Analyst

Settlements Senior Analyst

  • Location Hungary - Central - Budapest
  • Travel required No
  • Job category Finance Group
  • Relocation available No
  • Job type Professionals
  • Job code 131911BR
  • Experience level Intermediate
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Job summary

We are a global energy business involved in every aspect of the energy system. We have 75,000 employees in 80 countries, working towards delivering light, heat and mobility to millions of people, every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low carbon future. Join us, and be part of what we can accomplish together.

In Hungary, we operate bp’s Global Business Services organization which is an integrated part of bp. Our people want to play their part in solving the big complex challenges facing our world today and, guided by our bp values, are working to help meet the world’s need for more energy while lowering carbon emissions. In our offices in Budapest and Szeged, we work in customer service, finance, accounting, procurement, HR services and other enabling functions – providing solutions across all of bp. Join our team, and develop your career in an encouraging, forward-thinking environment!

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, gender, sexual orientation, age, marital status, veteran status, or disability status.

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?
Join our Trading & Shipping function and advance your career as a

Settlements Senior Analyst


In this role You will:
  • 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
  • Develop and maintain strong relationships with trading and shipping commercial teams
  • Ensure full compliance with the relevant Policies and Procedures
  • Ensure delivery of high quality customer service
  • 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
  • Actively participate and support projects
  • Provide exceptional internal and external customer service in order to build and strengthen relationships

In this role we have the following requirements:
  • Fluency in English
  • Relevant degree and at least 1-3 years of experience in finance or accounting
  • General understanding of Accounts Payable and Receivable principles
  • SAP experience is an advantage
  • Good analytical skills and attention to detail
  • Great problem solving, communication and interpersonal skills
  • Good partner management and customer service capabilities
  • Team player attitude, proactive manner and good communication skills
  • Ability to prioritize, handle pressure and deliver against deadlines

At bp, we provide the following environment & benefits to you:
  • A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued
  • Possibility to join our social communities and networks
  • Chill-out and collaboration spaces in a stylish office environment
  • Learning opportunities, other development opportunities to craft your career path
  • Different bonus opportunities based on performance, wide range of cafeteria elements
  • Life & health insurance, medical care package
  • Company laptop
  • Phone for private usage
  • Opportunity to work from home: up to 2 days / week based on team agreement

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