Junior Cash and Banking Analyst

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat, and mobility to millions of people every day. We are one of the very few companies equipped to address some of the big sophisticated challenges that matter for the future. We have a real contribution to make to the world's ambition of a low-carbon future. Join us and be part of what we can accomplish together. You can participate in our new ambition to become a net zero company by 2050 or sooner and help the world get to net zero.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 best-in-class team?

Job Purpose:

The Cash and banking Junior Analyst is accountable for timely and accurate uploading of Bank statement and performing Forecasting and Funding activity. Provide prompt support to major collaborators and create innovative solutions to business challenges. To be involved on leading projects and related changes to achieve objectives. Supplying to the delivery of project by supervising operations performance measurements, critical metrics. Responsible for the control of bank accounts maintained by the GBS on behalf of the business, including supervision and issue resolution on cash & banking transactions, supervising banking systems, ensuring compliance to banking and Group regulations and compliance to Cash and Banking Guide and Policy.

Key Accountabilities:

• Support the Team Leader to Interpret day-to-day business objectives and prepare/implement operational practices and ensure proper execution of processes by team members.
• Perform cash forecast, handle cash flow (recollection & payment) to ensure that there are enough funds to pay suppliers.
• Provide Assurance to compliance of BP Global Cash & Bank guide and ensure relevant controls are in place in order to protect BP from Cyber Security Attacks.
• Be responsible for cash forecasting. Ensure all Cash in Transit transactions are cleared on a timely basis.
• Post in journal entries when required.
• Perform Bank reconciliations and ensure all unreconciled items are addressed to the relevant collaborators and follow up until that problem is resolved. 
• Prepare Bank reports and processing return cheques.
• Perform quarterly BSI and ensure all supporting documents are as per BSI SOP or DTP Recognize unusual transactions, trends, or variations and communicate findings and recommendations
• Support preparation of documents and adjustments for monthly, quarterly and year-end close.
• Perform or involved in Bank Guarantee Renewal Process.
• Ensure delivery of critical requests from collaborators viz. Cash Calls, Fund Transfer requests.
• Liaise with the bank on any fund rejection. 
• Maintain and lead cash management system
• Handle payment related queries with the bank/teams, Responsible for researching and resolving problems within designated guidelines and researching through multiple database resources
• Drive follow-up, share and provide resolution within the team and internal or external collaborators. 
• Coordinate and support the team with audios with collaborators, in order to assemble a deeper understanding of the C&B situation.
• Assisting in any other ADHOC tasks to support the wider team with an aim to achieve organization objectives.

Project Management involvement & support:

• Active involvement in any Cash Management,  Cash & Banking strategic, operations or system related projects.
• Initiate Continuous Improvement ideas and actively give to projects.
• Support Power BI solutions by implementing standard methodologies; initiate and raise "quick wins” where these are relevant. And look for opportunities in current processes by means of automation and transformation.

Operational/Strategic/Audit Compliance:

• Ensure compliance with BP, legal and regulatory requirements applying to the department’s activity like the Cash and Banking Guide/ Policy, QMS/EMS Policy etc.
• Ensure the established Process Controls (Framework) are kept and followed up, raise any gap identified and follow with the relevant PCO and teams responsible to perform them.
• Ensure compliance to all statutory and audit requirements by ensuring that all Primary controls are in place.
• Ensuring all Process documentations (SOPs or DTPs) are up-to-date, meet required quality standards and is accurate.

Qualification & Experience and Proficiencies:

• Bachelor’s Degree or equivalent experience in Economics, Business, Finance, Accounting or related field with relevant language skills.
• Previous accounts receivable, cash application, master data or data analytical /customer service experience (3+ years).
• Shared service center experience preferably in oil and gas industry/or any multinational.
• Experience dealing/working with sales and external customers.
• Good Analytical and numerical skills with sound financial accounting experience. 
• Relevant systems knowledge – JDE and SAP.
• English, B2-C1.

Skills and competencies:

• Good interpersonal, influential and decision-making skills in order to lead and maintain good relationships with key collaborators.
• Able to look after sophisticated situations while maintaining the right balance of customer and business focus.
• Able to consistently review and adapt approach and style to meet consistently progressing requirements.
• Able to handle conflicting work issues and targets to ensure results are met and knows when to call out urgent matter on timely manner.
• Able to prioritise, handle urgent issues and situations, following through to resolution in a timely manner and focusing efforts to deliver business value, calling out properly if needed.
• Able to produce consistently high quality information within tight targets.
• Being able to work under fast paced environment.

Come, join our bp team!

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is eligible for relocation within country

Remote Type:

This position is a hybrid of office/remote working

Skills:

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.