ARC SME

Entity:

Finance

Job Family Group:

Finance 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 ARC Team and advance your career as an ARC SME!

 

 The Accounting, Reporting & Control SME is responsible for ensuring that internal and external accounting and reporting for Upstream Business is prepared in accordance with IFRS and JV 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 and provides assurance to the Accounting, Reporting and Control Senior Team Lead.

The role works closely with business partners, FBT to ensure matters of control, financial system requirements, capability and integrity are properly considered and applied, and provides the main collaboration with audit/tax, FBT/JV.

 

In this role You will: 

• Ensures that the Group Accounting Policies are properly applied at the local entity level and all accounting judgements are consulted, evidenced, documented and approved within Group Accounting Policy requirements and Delegations of Authority.
• Acts as finance 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 Senior Team Lead on the integrity of the financial reports.
• Maintains a close working relationship with the FBT and Business teams 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
• 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 Senior Team Lead to influence others to achieve desired self/team goals and objectives.
• Ensures financial reporting meets the requirements for group and JV 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.
• Support the Accounting, Reporting and Control Senior Team Lead on the control agenda across the local entity(ies), working with the FBT and business teams to assure a robust control environment;
• Drive continuous improvement projects.

 

What You will need to be successful: 

 

• BSc degree or equivalent experience in Business/Finance
• Recognised national or international professional accountancy qualification e.g. CIMA, ACCA, ACA, CPA. or working towards this.
• Absolute fluency in “business English” is mandatory.
• Strong understanding of how Financial control & Accounting processes and systems operate including key works with other Corporate & Functions departments and with FBT
• Extensive experience of reporting and MI processes
• 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 organization, 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

 

Desirable criteria:

• Experience in working with Microsoft products and visualization tools such as Power BI
• Excellent teammate with strong communication skills, capable of translating complex requirements into simple outcomes

 

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

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:

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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.