ARC Senior Analyst at BP in Budapest, Budapest, Hungary

ARC Senior Analyst Location: Hungary - Budapest 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 Senior Analyst! The purpose of the job is: Deliver Finance Group and Statutory Reporting support to the business(es) and countries assigned to the role Support of timely monthly, quarterly and annual financial close processes in accordance with the Group Reporting Manual and any other relevant standards and provide support for any other relevant reporting requirements such as Balance Sheet Assurance, Intercompany Practice, group/external audit Carry out/support the statutory reporting processes in a timely and accurate manner to ensure timely submission of Upstream statutory accounts to Companies House in the UK and to the external authorities in the respective countries Will have a solid accounting knowledge and experience and will use this to work with other team members and to support Group Reporting Accountants and shall deliver finance and accounting support to the business(es) and legal entities assigned to the role. Work on complex or difficult accounting areas requiring extensive experience in order to ensure the correct reporting and accounting treatment. Work closely with Business / Country teams supported to ensure effective delivery, to resolve issues and put in place process improvements and resolve issues and queries may require reference to the audit of the entities the team is responsible for Provide back up support based on back up matrix In this role You will: Adhering with the tasks outlined in the QMS Systems of FBT Europe Carry out the quarter end/ month end close processes in a timely and accurate manner for complex or difficult accounting areas requiring extensive experience in order to ensure the correct reporting and accounting treatment. Resolution of issues and queries may require reference to Group Reporting Manuals and / or working closely with the Business / Country teams supported/BPO and other team members. Perform other (non-close related) group reporting activities independently, these will include daily / weekly / monthly tasks. Deliver the Statutory close for the entities / processes assigned to them working together with the Team Lead and ARC Managers. Prepare statutory deliverables for stakeholders (statutory accounts, lead schedules, director’s brief, tax pack, deliverables, quality control check lists) Ensure that Tax packs are filled in properly and in a timely manner and queries received from Tax Teams are answered in order to enable the timely preparation and submission of the Corporation Tax Return. Be familiar with the control environment and the CETs (Control Evaluation Template) relevant for own responsibility area / perform the responsibilities of CET owners if CET is assigned to them, flag  any control risks or gaps in a timely manner to the ARC Manager and the Internal Control team Work with the ARC Managers, Business / Country teams and BPO to understand the priorities and work to deliver against these as required. Look for opportunities to drive process improvements of a notable nature and work with the relevant people to put these in place. Carry out balance sheet reconciliation work for businesses / countries supported, review reconciliations performed by the BSA Preparer - query resolution will be handled independently based upon previous experience. Support intercompany processes/segment reporting/group audit where relevant working closely with counterparties to ensure timely follow up and resolution on queries. Provide support for SFN preparation for processes such as capital injection, dividend declaration, liquidation, including liaising with other functions Work with the Business / Country teams supported and the BPO to ensure mutual understanding of all accounting entries and follow up on queries. Ensure all audit and tax queries are responded to on a timely basis Support and review the performance of the BPO teams in the areas assigned to the Senior Group Reporting Accountant. Resolve queries and issues as they arise with reference to relevant resources such as the Group Reporting Manual, working with the Business / Country teams or other support from within FBT. Provide support for implementation of ongoing and new projects such systems simplification, legal organisation structure simplification and compliance matters Follow any other job-related requirements. This may be defined by an attached task list or defined by one’s relevant ARC managers or by business contacts. What You will need to be successful: Bachelor’s degree or equivalent experience in Business, Finance, Accounting, or related field Proven experience in related Finance area Strong proven analytical and system thinking skills and financial knowledge Language and interpersonal skills with particular focus on client responsiveness Strong level of analytical skills, numeracy and strong financial understanding Customer- and service-oriented thinking, Readiness for action and ability to work under pressure, Self confident appearance in relations to the internal and external contacts Strong communication and cooperation skills Fluent English language skills 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 This role is not eligible for relocation This position is a hybrid of office/remote working 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. 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.