As a leading global energy company, we provide heat, light and mobility to customers worldwide. Across the bp landscape, we're home to a range of brands across many areas of our industry.  We're investing in today's energy system and helping build out tomorrow's. So while we're still in oil and gas, over the next decade we'll become a different kind of energy company. We're decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people's lives.

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 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 FBT Malaysia. 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.

Our supply and trading business, Trading & Shipping (T&S), 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 Settlements Lead 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
Develop strong working relationships with Power & LCT Commercial Teams
Ensure full compliance with the bp T&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
Provide coaching to team members and support for complex settlements scenarios
Identify and deliver Continuous Improvement ideas
Oversee Pricing related queries
Handles both internal and external audit requests.

Essential Education & Experience

Relevant finance degree and minimum of 8-10 years of experience in finance or accounting
Deep understanding of Accounts Payable and Receivable settlements principles
SAP experience preferred
Understanding of Commodity Trading and accounting background would be advantageous

DESIRABLE CRITERIA

Strong analytical skills, attention to detail
Strong work ethics and professionalism
Strong stakeholder management, customer service capabilities
Strong problem solving, communication and interpersonal skills
Ability to work as part of a team in a fast-paced environment
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
Self-confident appearance in relations to the internal contacts
Good change management skills
Proven experience in identifying continuous improvement opportunities
Ability to mentor team members
Commitment to business control including the courage to speak up where appropriate
Ability to work in an agile and flexible manner, adapting quickly to change and collaborating effectively across teams.

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!

Trade Settlement Lead