Trade Loan Assistant Manager COE

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

The Trade Loan Assistant Manager COE role plays an essential role in building and maintaining professional relationships with key partners – Customers, Legal, Credit Collection teams and external service providers while working on continuous improvement projects.

Key Responsibilities

Trade Loan Operations Support

• Perform regular and event driven Trade Loan evaluations, perform Customer Due Diligence to understand the financial and commercial prospects of the customer.
• Prepare Financial Memorandum (FM), validate & submit trade loan proposals for approval and ensure that they are aligned with BP financial guidelines (e.g. IRR, Credit Risk, NHF).
• Liaise with cash & banking teams to ensure the payments are issued to the customers as per agreement signed.
• Prepare trade investment agreement, Purchase order, invoice, legal letters and other relevant documents.
• Monitor Trade Loan fulfilment, identify key, strategic or high risks related to trade investments and take actions together with the relevant partners.
• Evaluate and articulate the underlying delivery of actuals vs. the target (Volume and Gross Margin) monthly and take necessary actions as per the Contract.
• Perform reconciliation between the sub-accounts and the main GL accounts to ensure that the account balances are valid and accurate.
• Manage end to end Trade Loans application process, including proposal, approval and contract preparation for all trade investment and ensuring accuracy.

Project Management Involvement & Support

• Enable project implementations by supporting project teams and managing the own portfolio.

Reporting

• Performs various regular reporting activities and ad hoc repotting’s in an accurate and timely manner.

Stakeholder management

• Build and maintain professional relationships with key partners – Customers, Legal, Credit Collection teams and external service providers.

Compliance

• Ensure compliance to relevant Trade Loan, Credit and Customer Policy for respective businesses.

Essential Education, Experience And Job Requirements

• Bachelor’s degree in Business, Finance, Accounting or related field.
• Minimum 4 to 5 years of experience in Finance, Accounting, Credit Assessments, Collections or Financial performance in an international environment.
• Shared service centre experience; preferably in oil and gas industry, lubricants industry.
• Written and spoken proficiency in English language.
• Proficiency in MS Office/JDE/ SAP & Power BI.

Why join us?

At bp, we support our people to learn and grow in a diverse and challenging 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! These benefits can include flexible working options, paid parental leave policy among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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:

Accounting for financial instruments, Accounting for financial instruments, Accounting policy, Agility core practices, Agility tools, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Commercial assurance for external reporting, Communication, Creativity and Innovation, Credit Management, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Automation, Digital fluency, Financial Reporting, Influencing, Internal control and compliance, Long Term Planning {+ 4 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 .

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.