BP Business Service Centre Asia Sdn Bhd

CFO – Zhenergy Marketing CFO NOJV

Location
China/ Remote
Salary
Competitive salary plus great benefits
Posted
18 Apr 2024
Closes
18 May 2024
Ref
RQ077906
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Job summary

Job Description:

As a BP secondee, the role has the key responsibility to protect BP interest and to provide assurance to BP, JV President, and JV BoD on all control matters. Within the JV, the CFO is responsible the JV Finance department which handles Accounting, Performance Management, Planning, Treasury, Tax, and the overall system of internal control in the JV.

Purpose:

The CFO role is a BP Secondee role in the new Zhenergy JV, based in Hangzhou. The incumbent will report directly to the JV president (counter-party secondee) and also reports to the T&S Finance manager (tbc) within BP.

Responsible for managing a JV finance team to deliver accounting and reporting services and ensure the integrity and effectiveness of accounting policy application, internal control, financial reporting, and accounting systems support and drive performance while promoting a culture of excellence and delivery within the team.

Responsibilities:

  • Serve as a member of JV executive team, engage in extensive marketing and governance decisions to be made at the JV level, execute and influence JV operation decisions with objective to protect JV and BP interests
  • Responsible for JV financial control, monitoring all financial reporting, and ensure that all financial statements and disclosures, legal entity statutory accounts, management information, and tax information are prepared accurately, effectively, and efficiently and in a controlled, timely, compliant manner.
  • Lead the JV Finance team to provide accounting, treasury, and tax service in the JV, manage the annual audit and dividend distribution, input to JV strategy and planning
  • Protect financial interest in the Marketing JV, be the gatekeeper of JV financial delegation of authority, JV LNG procurement and sale procedures, and other financial policies and procedures
  • Continue to improving compliance framework and control infrastructure, based on JVC, other internal policy requirements, and relevant external policies including China GAAP, IFRS, tax/fiscal law. 
  • Serve as Ethics and Compliance Leader (ECL) for BP secondees to the Marketing JV. 
  • Continue to identify gaps in corporate governance, raise issues, and influence JV executive team for action
  • Identifies critical data for businesses and functions; understands the principles of financial risk management, including credit risk management.
  • Facilitate the business discussion between BP directors and JV senior management team; liaise between key stakeholders to resolve any shareholder issues. work closely with BP Gas China business development team to understand BP’s business strategies in China and assist its delivery
  • Coach, develop, and retain the team staffs to maximize their potentials
  • Manage the relationships with shareholder partners, government authorities, and banks. 
  • Hold relationship and finance activity set with BP T&S Finance, China Finance/tax/treasury, China Gas, T&S Business Development in Singapore

Requirements

  • University graduate with major in accounting preferred
  • CPA qualification preferred
  • Minimum 3-5 years’ finance experience with multinational company;
  • Proficient in English;
  • Familiar with China GAAP & accounting systems, controls, and process;

Core competencies:

  • Self-disciplined and adhere to key principles;
  • Professionally interprets and consistently applies accounting standards and concepts
  • Willing to work under pressure to meet tight reporting deadline;
  • Proactive and take initiatives in handling daily issues;
  • Leadership skill and Networking skill
  • Critical thinking and commercial sense
  • Great teammates with strong communication skills with a wide spectrum of stakeholders/ customers

Key Challenges and Complexities of the Role

The role at times needs to tackle with conflict commercial interests, or behaviors. This requires the incumbent to have a deep understanding of the underlying issues and to recognize & raise issues which may have a material impact on the JV or it’s shareholders.

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 and, 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 crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Skills:

Accounting policy, Accounting policy, Accounting processes and financial systems, Agility core practices, Agility tools, Analytical Thinking, Business process control, Business process improvement, Collaboration, Commercial Acumen, Commercial acumen (Inactive), Communication, Creativity and Innovation, Credit Management, Customer-centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital fluency, Financial accounting and reporting, Group Problem Solving, Influencing, Internal control and compliance, Management Reporting, Managing change {+ 4 more}

For further information, and to apply, please visit our website via the “Apply” button below.

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