Back Office Manager - Treasury (Castrol)

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

This is a role within the Castrol organization, 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.

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 Castrol Team and advance your career as a Back Office Manager -Treasury (Castrol)

Castrol are seeking a reliable and detail-focused Back Office Manager responsible for ensuring smooth daily treasury operations across the globe to support the Castrol “Onward, Upward, Forward” strategy.

You will have an opportunity to input the development of a nascent Treasury function, from reporting tools to process design, as well as developing your own team. Castrol is a $10bn+ business and this role, reporting directly into the Group Treasurer, will have complete oversight of the end-to-end treasury trade confirmations and will safeguard operational integrity by managing intercompany funding payments, monitoring overdraft, through your knowledge and experience in corporate treasury operations, systems, policies and procedures you will help establish and run a standalone Castrol treasury function.

In this role You will:

• Provide first-class operational support to the Treasurer, ensuring smooth day-to-day treasury operations

• Manage and support the funding of Castrol subsidiaries across global markets

• Ensure timely and accurate confirmation of FX transactions

• Review and approve bank account changes, maintaining strong governance and controls

• Monitor overdraft limits, utilization, and covenant compliance, proactively addressing breaches and partnering with banks and subsidiaries to resolve issues

• Act as a key point of contact to troubleshoot and resolve operational issues and business queries

• Support ad-hoc treasury projects, contributing to agile ways of working across the wider treasury function

• Coordinate and manage critical payments end-to-end, ensuring completion within required timelines

• Maintain and continuously improve treasury process documentation

• Ensure robust business continuity and cover plans are in place and regularly reviewed

• Actively contribute to the ongoing development and transformation of the treasury function, including process improvements

What You will need to be successful:

• Proven experience in treasury payment activities and intercompany cash management

• Hands-on experience working with banking partners and within a treasury or finance back-office environment

• An academic background in Finance, Economics, Engineering, Data Science, or a related field is preferred

• Demonstrated experience in operational process improvement and driving efficiency

• Strong understanding of SAP financial processes and data flows, including integrations with connected systems

• Solid knowledge of payment standards, formats, and mechanisms (such as SWIFT, CAMT, BAI)

• Fluent English communication skills, both written and spoken

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

Negligible travel should be 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:

Analytical Thinking, Analytical Thinking, Asset and project finance, Banking Relationships, Banking solutions, Cash, Claims Management, Collaboration, Commercial Acumen, Communication, Corporate Finance, Corporate structure and group funding architecture, Credit rating management, Curiosity, debt and liquidity forecasting, Debt Capital Markets, Decision Making, Defined benefit pension schemes fund management, Defined contribution pension schemes investment strategy, Digital Automation, Digital cybersecurity, Digital Fluency, Equity Capital Markets, Ethical judgement, Financial framework management {+ 15 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.