Entity:

Finance

Job Family Group:

Finance Group

Job Description:

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 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.

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?

Join our new Team and advance your career as a

Group Liquidity Lead Specialist

The Group Liquidity Lead Specialist is a key role to manage the BP Group’s liquidity forecasting processes (short term position and/or mid-term liquidity forecasts).

This role is accountable for determining the consolidated daily cash position and/or the mid-term liquidity forecast to ensure that the Group can maintain adequate of level of funds on mid-term horizon and inform the ST&S trading teams to go to market for immediate liquidity needs and optimize the daily use of funds in all currencies.

Reporting to the Senior Liquidity Manager, the Group Liquidity Lead Specialist is a key contributor to the in-house bank core operations:

- The daily cash position is compiled by analysing cash inflows and outflows via a detailed review of data for incoming cash, funding requirements and outgoing payments.

- The mid-term liquidity is reported to bp leadership based on data submissions across all bp finance teams and M&A team and other functions to provide visibility over the group’s liquidity risk.

In this role You will (be):

• Execute the Group’s cash investment practices in line with the cash investment policy and strategy and within agreed parameters.
• Troubleshoot and resolve operational disruptions and business inquiries.
• Performing the mid-term forecasting process, liaising with businesses to understand variances between forecasts and actuals.
• Performing the CCY forecast weekly
• Approve tickets (Cross currency related) that exceed threshold in value as these directly impact group currency.
• Partner with Treasury Trading to provide more insight on forecasts, following up with businesses to understand any forecast variances and confirming currency forecast projections.
• Sign off Monthly Bank reconciliations
• Understand systems architecture and how it impacts the liquidity team.
• Take on ad-Hoc project management requests/support agile teams within the wider treasury function.
• Design reports, tools to support teams to extract and analyze data in an efficient manner working with I&E and senior leaders.
• Investigate issues which come up in the operations space with the aim of resolving them across our broad range of partners, such as GBS and I&E.
• Assist in Treasury’s efforts to ensure global best practices and standardized processes are in place for all activities.
• Ensure compliance with bp’s Code of Conduct, Anti-Money Laundering, Anti-Bribery & Corruption, internal controls and trade sanctions requirements.
• Develop, maintain and practice Business Continuity Plans for the Liquidity Management team.
• Update and maintain business process documentation.
• Be a role model and display bp values and who we are.

What You will need to be successful:

• Bachelor’s Degree preferably in Finance, Economics, Business, or another quantitative field experience
• Fluency in English, other European languages could be an advantage
• Significant experience in Corporate Treasury functions with treasury trading
• Significant experience of in-house banking model and in-house cash pooling models.
• Experience Broad understanding of bp’s businesses and functions.
• Effective verbal and written communication skills.
• Confidence to take decisions based on training and problem solving skills.
• Strong organizational and time management skills, including the ability to work independently under tight deadlines and pressure and manage multiple tasks simultaneously.

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
• Flexible working schedule: home office up to 2 days / week, based on team agreement
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• 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!

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

Negligible travel should be expected with this role

Relocation Assistance:

Relocation may be negotiable for this role

Remote Type:

This position is a hybrid of office/remote working

Skills:

Analytical Thinking, Analytical Thinking, Asset and project finance, Banking Relationships, Banking solutions, Cash, Claims Management, Collaboration, Commercial Acumen, Communication, Corporate Finance, Corporate structure and group funding architecture, Credit rating management, Curiosity, debt and liquidity forecasting, Debt Capital Markets, Decision Making, Defined benefit pension schemes fund management, Defined contribution pension schemes investment strategy, Digital Automation, Digital cybersecurity, Digital Fluency, Equity Capital Markets, Ethical judgement, Financial framework management {+ 15 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.