Lead Factoring Analyst
Job Summary
Entity:
Finance
Job Family Group:
Job Description:
This is a role within the Castrol organisation and the successful candidate will become part of the Castrol ring-fence. If you are part of the ring-fence it is expected that your employment will move with Castrol to new ownership.
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.
Its 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.
The Lead Factoring Analyst is accountable for leading specialist factoring analysis and control activities for the supported portfolio within FBT Finance. The role ensures the accurate preparation validation and maintenance of factoring limit data supports customer credit assessment processes and provides expert guidance on factoring-related controls reporting and issue resolution. The position combines technical expertise operational leadership stakeholder engagement and continuous improvement while ensuring compliance with bp credit governance Delegation of Authority and relevant process requirements.
Factoring Limit Management & Analysis
- Lead the preparation validation and maintenance of factoring limit files for the supported portfolio ensuring customer-level limits are complete accurate and aligned to approved credit data.
- Review factoring limits by company code customer payer sold-to bank and currency identifying duplication mismatches or inconsistencies that require correction or escalation.
- Ensure the accurate differentiation and aggregation of factoring limits where multiple portfolios banks or customer relationships exist.
- Maintain strong data integrity by reconciling factoring files to the relevant CAT SAP PRL and credit assessment inputs before updates are finalised.
Credit Risk Governance & Controls
- Support the credit assessment process by ensuring factoring-related data is reliable traceable and aligned to approved credit limits and risk ratings.
- Operate within bp credit policies Delegation of Authority internal control requirements and applicable process documentation.
- Identify control gaps data quality issues or policy exceptions and raise material risks to the Credit Service Manager Credit Manager Team Lead or relevant stakeholders (Treasury).
- Maintain appropriate evidence audit trail and analytical backup for factoring limit updates and related credit activities.
Operational Excellence & Reporting
- Deliver factoring-related updates reports and analysis within agreed deadlines and quality standards.
- Supervise recurring issues trends and exceptions; propose corrective actions to reduce manual rework and improve first-time-right delivery.
- Coordinate BAU priorities support workload planning and provide hands-on guidance to analyst / relevant stakeholders during periodic cycles.
- Contribute to period-end quarterly and ad hoc reporting activities where factoring data has an impact on credit exposure limits or working capital management.
Stakeholder & Business Partnering
- Build effective working relationships with Credit Commercial Sales Finance Customer Service banking and process stakeholders as appropriate.
- Act as a subject matter expert for factoring-related queries explaining data logic assumptions issues and required actions clearly to both finance and non-finance stakeholders.
- Support advised business decisions by providing accurate analysis clear commentary and timely issue of factoring-related risks or blockers.
- Promote clear ownership between FBT and business stakeholders for factoring data maintenance issue resolution and process adherence.
Systems Process Improvement & Change
- Maintain strong solid understanding of relevant tools and data sources including Microsoft Office applications SAP PRL and credit or CAT-related files.
- Find opportunities to standardise simplify and automate factoring file preparation reconciliation and reporting activities.
- Support process transitions knowledge transfer system changes and continuous improvement initiatives impacting factoring or credit limit data.
- Document process updates and contribute to job aids or knowledge management materials to ensure service continuity and consistent execution.
Technical Leadership & Capability Building
- Provide technical coaching and review support to analysts handling factoring or related credit data activities.
- Share guidelines on data validation reconciliation stakeholder management and control rigor.
- Contribute to team capability development by supporting training backup planning and cross-skilling in the factoring process.
- Demonstrate bp values and behaviours by fostering collaboration inclusive ways of working and a continuous improvement attitude.
- University degree or equivalent experience in Economics Finance Business or a related field
- Significant experience in credit management credit analysis factoring trade finance Order to Cash or a closely related finance operations area.
- Strong understanding of customer credit risk credit limits exposure management and working capital implications.
- Sophisticated Excel skills including confident handling of large data sets reconciliations control checks and tight deadlines.
- Experience working with ERP or credit systems (TMS); SAP PRL or similar customer master / credit data knowledge is advantageous.
- High Proficiency of Excel.
- Ability to interpret sophisticated data identify inconsistencies and convert findings into clear actions and stakeholder messages.
- Proven track record to lead workstreams coordinate priorities and provide technical guidance without requiring close supervision.
- Strong written and verbal communication skills in business English.
- High level of accuracy ownership risk awareness and ability to meet deadlines in a sophisticated international environment.
- Experience in Downstream Lubes or B2B customer environments
- Exposure to trade finance or longterm commercial investment structures
- Project or transition experience within shared or global service organisations
- 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 PwCs 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.
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
Relocation Assistance:
Remote Type:
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 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 processpleasecontact 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.
Required Experience:
IC
About Company
Para começar, gostaríamos de te fazer um convite: Vem valorizar a vida com a gente! É isso que nos move todo dia. É isso que fazemos juntos. A BP – A Beneficência Portuguesa de São Paulo tem uma linda trajetória de mais de 160 anos, marcada por transformações que trazem cada vez mais ... View more