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), youll be fully connected into the world of bp. Youll 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. Theres 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, were with you.

About the role

Accountable to perform credit activities to ensure trade debtor balances are tightly controlled and credit risk appraisal of new and existing customers is carried out adhering to the Europe and US, FS&M and M&C credit standard & policies. The job holder has a strong influence to enable business with the customers at all.

In this role You will

Operations

Perform regular and event driven credit assessments of the customers based on the Europe and US, FS&M and M&C Policy and DoA by :

• analyse as the part of the credit assessment
• financial information data of the customer (balance sheet, agency reports etc.)
• soft facts of the customer
• make the right and timely conclusion and decision (risk rating, credit limit)
• support customer audios in order to capture a deeper understanding of the financial situation of a customer
• define the overall need and type of securities for individual customers
• manage right handling for these securities
• coordinate with sales, customer and / or banks details on securities requested
• prepare high quality assessments above the own DoA for further approval
• take decision to block / unblock customers from delivery
• Continuous monitoring customers' portfolio regarding alerts
• Be able to identify key, strategic or high-risk business customers and issues and take actions together with the relevant partners

Exposure Management and Monitoring by

• monitoring of exposure regarding credit limit and overdue
• communicate and supervise results to sales and provide support to find positive solution for bp
• investigate and analyse portfolio trends, assess root causes and make suggestions on risk mitigations and improvements
• provide and receive information on shared customers by coordinating regular meetings and audios
• delivery of Key Performance Indicators

Understand the business and drive execution by

• support sales to find ways of working even with problematic customers
• keep close contact to sales by attending and/or organising regular meetings on credit matters
• be a business partner to balance the risk and enable the business

Reporting by

• perform various regular reporting activities and ad hoc reportings in an accurate and timely manner

Trade Credit Insurance perform related processes for the relevant customers

• contact the Credit Insurer regarding certain customers directly
• align with the regional SPA of the Credit Insurance within Europe the ways of working etc.

Partner management with all relevant people inside or outside of Credit cross FBT and cross business in Europe and US

Compliance with all relevant Credit Management related and QMS/EMS policies

What You will need to be successful

• University Degree or equivalent experience is preferred (in Economics, Finance or related fields)
• 2+ years of Customer Relationship management, Accounts Receivable, Cash Collection or Credit Management experience in an international environment
• English: minimum B2 (reading, writing and speaking), other European language knowledge is an advantage
• SAP knowledge
• Able to deal with sophisticated situations while maintaining the right balance of customer and business focus
• Able to produce consistently high-quality information within tight deadlines

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 bps success. You may be eligible to join bps 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

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

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 bps 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.