Trade Settlements Senior Analyst

BP p.l.c.; Malaysia; Hybrid; MYR 90,000 - 120,000; Full time

Job summary

A leading company is seeking a Trade Settlement Senior Analyst to manage settlements transactions within their Supply, Trading & Shipping business. This role requires a strong finance background, excellent communication skills, and the ability to influence stakeholders effectively. With a focus on accuracy and compliance, the analyst will streamline processes while supporting innovative trading solutions in a dynamic market environment.

Benefits

Life and health insurance

Medical care package

Learning opportunities

Social communities and networks

Qualifications

• Minimum of 7-10 years experience in finance or accounting.
• Mandarin and Japanese language proficiencies are advantageous.

Responsibilities

• Responsible for accurate and timely completion of settlements activities.
• Ensure compliance with the bp ST&S Settlements Policy.
• Manage aged debt and support cash management objectives.

Skills

Analytical Thinking

Business process improvement

Communication

Customer experience

Trading knowledge

Education

Relevant finance degree

Job description

• Travel required No travel is expected with this role
• Job category Finance Group
• Relocation available This role is not eligible for relocation

Our Supply, Trading & Shipping (ST&S) business, connects bp to the world’s traded markets for oil, gas, power, refinery feedstocks and currencies. We market bp’s equity crude oil and natural gas, import feedstocks for our refinery system and buy products to meet marketing demand. We offer a combination of unique expertise in physical supply and trading, innovative financial structures, and world-class analytics to deliver long-term value, from wellhead to end customer.

The Trade Settlement Senior Analyst handles settlements transactions and acts as primary interface with the trading counterparties, front office and operations team.

Key Accountabilities

Accountable for the accurate and timely completion of settlements activities within the area of responsibility

Support the integration of new business activity into area of responsibility, ensure that activity is embedded in a controlled and efficient manner

Accountable for ensuring that the operational activity is conducted within a strong control framework. Highlight any gaps or issues, develop, document and implement mitigations as appropriate

Understand the business performance expectations, measurement and reporting of KPIs. Provide commentary and actions as appropriate and address root cause of issues.

Deal with Settlement disputes in a timely manner

Ensure full compliance with the bp ST&S Settlements Policy

Support business relationships with identified key stakeholders, building and maintaining customer focus

Work with relevant teams addressing root causes of outstanding items and issues raised

Managed aged debt and daily cash funding, support Group cash and working capital management objectives

Pro-actively seek opportunities to standardize, simplify and automate processes to improve performance and efficiency

Support change activities to ensure successful implementation

Relevant finance degree and minimum of 7-10 years of experience in finance or accounting

Mandarin and Japanese language proficiencies are advantageous

Essential Experience and Job Requirements:

Good understanding of Accounts Payable and Receivable settlement principles

Relevant experiences in pricing and cash activities are added advantages.

Understanding of Commodity Trading and/or Oil & Gas Physical Life cycle (deal entry to settlement) would be advantageous

Strong analytical skills, attention to detail

Strong work ethics and professionalism

Proven ability to communicate and influence across all levels in the organization

Good Microsoft skills and ability to handle data from multiple sources and systems

Strong teamwork with ability to support and appropriately challenge team members

Ability to prioritize, handle pressure and deliver on deadlines in a fast-paced environment

Agile and be able to adapt to changing portfolios as and when needed

Self-confident appearance in relations to the internal contacts

Proven experience in identifying continuous improvement opportunities

Ability to mentor team members

Commitment to business control including the courage to speak up where appropriate

At bp, we provide the following environment and 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

Learning opportunities and other development opportunities to craft your career path

Life and health insurance, medical care package

And many other benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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

Travel Requirement

No travel is expected with this role

Job summary

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

Role Synopsis

Our Supply, Trading & Shipping (ST&S) business, connects bp to the world’s traded markets for oil, gas, power, refinery feedstocks and currencies. We market bp’s equity crude oil and natural gas, import feedstocks for our refinery system and buy products to meet marketing demand. We offer a combination of unique expertise in physical supply and trading, innovative financial structures, and world-class analytics to deliver long-term value, from wellhead to end customer.

The Trade Settlement Senior Analyst handles settlements transactions and acts as primary interface with the trading counterparties, front office and operations team.

Key Accountabilities

• Accountable for the accurate and timely completion of settlements activities within the area of responsibility

• Support the integration of new business activity into area of responsibility, ensure that activity is embedded in a controlled and efficient manner

• Accountable for ensuring that the operational activity is conducted within a strong control framework. Highlight any gaps or issues, develop, document and implement mitigations as appropriate

• Understand the business performance expectations, measurement and reporting of KPIs. Provide commentary and actions as appropriate and address root cause of issues.

• Deal with Settlement disputes in a timely manner

• Ensure full compliance with the bp ST&S Settlements Policy

• Support business relationships with identified key stakeholders, building and maintaining customer focus

• Work with relevant teams addressing root causes of outstanding items and issues raised

• Managed aged debt and daily cash funding, support Group cash and working capital management objectives

• Pro-actively seek opportunities to standardize, simplify and automate processes to improve performance and efficiency

• Support change activities to ensure successful implementation

Essential Education:

• Relevant finance degree and minimum of 7-10 years of experience in finance or accounting

• Mandarin and Japanese language proficiencies are advantageous

Essential Experience and Job Requirements:

• Good understanding of Accounts Payable and Receivable settlement principles

• Relevant experiences in pricing and cash activities are added advantages.

• Understanding of Commodity Trading and/or Oil & Gas Physical Life cycle (deal entry to settlement) would be advantageous

• Strong analytical skills, attention to detail

• Strong work ethics and professionalism

• Strong stakeholder management/customer service capabilities

• Proven ability to communicate and influence across all levels in the organization

• Good Microsoft skills and ability to handle data from multiple sources and systems

• Strong teamwork with ability to support and appropriately challenge team members

• Ability to prioritize, handle pressure and deliver on deadlines in a fast-paced environment

• Agile and be able to adapt to changing portfolios as and when needed

• Self-confident appearance in relations to the internal contacts

• Proven experience in identifying continuous improvement opportunities

• Ability to mentor team members

• Commitment to business control including the courage to speak up where appropriate

At bp, we provide the following environment and 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

• Learning opportunities and other development opportunities to craft your career path

• Life and health insurance, medical care package

• And many other benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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

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:

Analytical Thinking, Business process improvement, Communication, Creativity and Innovation, Curiosity, Customer experience, Decision Making, Group Problem Solving, Internal control and compliance, Resilience, Thought Leadership, Trading knowledge

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,pleasecontact 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.