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Financial Reporting & Control Specialist

BP

Financial Reporting & Control Specialist

BP

Brazil - São Paulo

·

On-site

·

Full-time

·

1w ago

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

bp Supply, Trading & Shipping (ST&S) is one of the world’s leading energy trading houses. Our traders work with our partners to buy, sell and move energy, integrating our products and services to provide energy solutions for 12,000 customers in 140 countries.

ST&S is bp’s face to the traded markets for oil, gas, power, refinery feedstocks and currencies. ST&S offers 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.

bp ST&S is a major participant in the United States oil, gas, power, refining products and biofuels market and is growing its activity in Brazil, both organically and inorganically.

The Finance Group in ST&S is a key financial & risk control function, accountable for ensuring that trading activities are conducted within a robust control framework. This role interfaces with commercial (trading and origination) and supporting functions for refining products in Brazil, particularly distillates activity, and requires balancing independence with a business enabling partnership.

Reporting to the Financial Reporting & Control Lead, this role shall provide support on existing activity for refining products, particularly focused on the distillates activity (diesel, biodiesel, jet, others). This role is responsible for the Accounting, Reporting & Control (ARC) and Settlements activity in-country, including oversight on local outsourcing service provider, working in partnership with Regional ARC and Settlements functions in Chicago and Budapest. This role is also the ST&S Finance SPA for linkage with Treasury, Tax and Finance functions in country and Chicago/Budapest to understand end to end processes and risks/impacts in processes & controls for new ST&S activity in Brazil. This role will also lead efforts on system’s implementations as well as overall continuous improvement agenda for distillates activity in Brazil.

KEY ACCOUNTABILITIES

  • Execute all aspects of the monthly, quarterly and annual closing process with respect to accounting and settlements for Refining Products, particularly distillates activity in Brazil, also coordinating efforts with the outsourcing provider for accounting, tax and settlements services.
  • Maintain effective and efficient financial controls and processes across all areas of the business, including SOX controls and quarterly reports for distillates activity.
  • Prepare cash flow forecast to understand cash needs and ensure requests for funding are made on a timely basis, interacting directly with local Treasury and Chicago/Budapest teams.
  • SPA within business for linkage with other functions (e.g., Treasury, Commodity Risk, Tax) to ensure the accuracy/integrity of financial reporting and controls as well as support new ST&S activity focused on distillates.
  • Act as key focal point for new processes & controls as well as system’s implementation and overall continuous improvement agenda to support business growth, particularly focused on distillates activity.

EDUCATION

  • Bachelor’s degree in accounting, economy or related fields
  • MBA in Accounting and /or Finance is a plus

EXPERIENCE AND JOB REQUIREMENTS

  • Seasoned professional with finance and business experience in multi-national companies
  • Mandatory experience in an energy trading environment
  • IFRS and statutory accounting and direct/indirect tax knowledge
  • Strong analytical skills focus on details
  • Proactive and independent attitude
  • Ability to interpret and communicate financial information with clarity, considering country nuances
  • Self-starter and great teammate with a relentless drive and continuous improvement approach
  • Self-motivated with intellectual ability and curiosity to learn new businesses
  • Ability to multi-task independently in a dynamic and changing business environment, within the global structure and ensuring effective processes and procedures
  • Proficient in English
  • Spanish, highly desirable

DESIRABLE CRITERIA

  • Accounting
  • Cost control
  • Settlements
  • SAP
  • Project management

Note

  • Monday
  • Thursday at the office

Friday, remote

Working hours: From 9am to 5pm

Why join us At bp, we support our people to learn and grow in a diverse and high-reaching 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 o8er benefits (https://exploreyourbenefits.com/landing.html) to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, 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.

BEWARE – RECRUITMENT FRAUD It has come to our attention that there are a number of fraudulent emails from people pretending to work for bp. Please be advised that we do not require any forms of payment or course by applicants to be considered for open positions.

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 policy, Accounting policy, Accounting Processes and Financial Systems, Agility core practices, Agility tools, Analytical Thinking, Business Acumen, Business process control, Business process improvement, Collaboration, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Fluency, Financial Reporting, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting {+ 4 more}

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.

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About BP

BP

BP

Public

BP is a British multinational oil and gas company engaged in the exploration, production, refining, and marketing of petroleum products. The company operates across all areas of the oil and gas industry including upstream exploration and production, downstream refining and marketing, and renewable energy investments.

10,001+

Employees

London

Headquarters

Reviews

3.3

17 reviews

Work Life Balance

2.0

Compensation

2.5

Culture

1.5

Career

2.0

Management

1.2

15%

Recommend to a Friend

Pros

Competitive compensation packages offered

Stable employment for some periods

Regular performance reviews and raises

Cons

Mass layoffs and cost-cutting measures

Toxic management and harassment

Poor severance packages

Salary Ranges

0 data points

L2

L3

L4

L5

L6

L2 · Business Operations L2

0 reports

$8,778

total / year

Base

$3,511

Stock

$4,389

Bonus

$878

$6,145

$11,411

Interview Experience

6 interviews

Difficulty

3.2

/ 5

Duration

14-28 weeks

Offer Rate

50%

Experience

Positive 0%

Neutral 83%

Negative 17%

Interview Process

1

Application Review

2

HireVue Screening

3

Technical Phone Screen

4

Onsite/Virtual Interviews

5

Offer

Common Questions

Coding/Algorithm

Technical Knowledge

Behavioral/STAR

System Design

Past Experience