Senior Control and Assurance Advisor

bp; Greater London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading energy company in Greater London is seeking a Senior Control and Assurance Advisor to oversee internal controls and financial reporting. The role involves designing, implementing, and monitoring financial integrity processes and ensuring compliance with regulations. Candidates should be qualified accountants with experience in external audits and trading, as well as strong communication skills. The position offers a hybrid working environment and various employee benefits.

Benefits

Life and health insurance

Flexible working options

Learning and development opportunities

Qualifications

• Qualified accountant with a strong understanding of internal controls over financial reporting.
• Experience with external audit and trading organizations.
• Ability to communicate and influence stakeholders effectively.

Responsibilities

• Design and implement internal controls and assurance processes.
• Drive continuous improvement in control processes.
• Assure compliance with financial regulations.

Skills

Accounting for financial instruments

Analytical Thinking

Financial Reporting

Risk Management

Education

Qualified accountant (ICAEW, ICAS, CIMA, ACCA or equivalent)

Job description

Entity

Finance

Job Family Group

Finance Group

Job Description

As a Senior Control and Assurance Advisor at BP PLC, you will play a critical role in safeguarding our financial integrity and operational efficiency. You will be responsible for designing, implementing, and monitoring robust internal controls and assurance processes, ensuring compliance with financial regulations and company policies, and driving continuous improvement across our business processes.

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.

Key accountabilities

• Responsible for delivery of internal control over financial reporting (ICFR) requirements for ST&S businesses, including compliance with SOx 404 requirements. Provide ST&S input on bp group control policy revisions, and other common control topics across the bp group.
• Drive continuous improvement into ST&S control processes to simplify and make sustainable
• Ensure timely identification and reporting of ICFR gaps, including drafting complex control gap papers. Co-ordinate and document input from multiple finance and business key partners to ensure that the gap write-up is articulated clearly, root causes are established and that partners are aligned on appropriate remediation actions. Provide control input and guidance to ensure timely delivery of remediation actions.
• Perform 'gap assessments' against bp's internal control framework for new acquisitions, in line with requirements of the bp control framework. Communicate and align partners on practical control integration plans and provide regular status updates to senior finance management.
• Fulfil requests from the business for ICFR advice and provide practical guidance to ensure compliance with bp group control processes.
• Provide clear and practical control advice to cross functional stakeholders of projects and complex business transformation initiatives, to deliver bp group control policy requirements.
• Deliver annual review of trading delegations, and provide guidance to the business on complex aspects of delegation of authority interpretation.
• Perform ICFR risk assessment on ST&S projects and process changes with an impact on financial reporting and/or controls and provide updates to senior management.
• Provide required input to the bp external auditor in relation to external audit deliverables, including control incident reviews, walkthroughs, agreement of findings and management actions, and driving remediation of deficiencies through to resolution.
• Provide required input to Internal Audit on SOX walkthroughs and audits. Support delivery of the internal audit cycle, and timely resolution of agreed audit actions.

Essential Experience & Job Requirements

• Qualified accountant (ICAEW, ICAS, CIMA, ACCA or equivalent)
• Previous external audit experience
• Deep experience of Internal Controls over Financial Reporting and track record of documenting internal controls for a trading organisation, preferably commodities based
• Sound understanding of external financial reporting requirements for a trading organisation and associated control processes
• Ability to identify control risks within complex processes and advise on actions to mitigate risk.
• Evidence of complex process improvement/design and development.
• Strong impact, interpersonal and communication skills, maintain constructive working relationships
• Ability to coach, challenge, and influence effectively.
• Ability to communicate, influence and challenge multiple finance and business stakeholders including VP and SVP level, particularly regarding the robustness of internal controls and resolution of audit findings.
• Ability to manage and deliver multiple priorities

Key interfaces

• Finance & risk and business teams (70%)
• Bp group control & assurance teams (20%)
• External audit, internal audit (10%)

Why join us?

At bp, we provide an excellent working environment and employee benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others.

We support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees' lives that are significant, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and others benefits.

Reinvent your career as you help our business meet the challenges of the future. Apply now!

Travel Requirement

Some travel may be required with this role, this is negotiable

Relocation Assistance

This role is not eligible for relocation

Remote Type

This position is a hybrid of office/remote working

Skills

Accounting for financial instruments, Accounting policy, Accounting Processes and Financial Systems, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Commercial assurance for external reporting, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Digital Fluency, Financial Reporting, Internal control and compliance, Risk Management

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 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.