Job Description
Job Profile Summary
Role Synopsis:
This opportunity will support, BP Pension Trustees Limited (BPPTL), which is a corporate trustee responsible for the managing of the BP Pension Fund (a UK defined benefit scheme). In essence, BPPTL exists to ensure the Fund is run properly so as to protect and pay the pensions and related benefits which members have built up. This includes but is not limited to such functions as establishing investment strategy, appointing fund managers and oversight of those fund managers, ensuring benefits are paid, actuarial valuation and annual scheme accounts preparation.
About the role:
The in-house investment manager BP Investment Management (BPIM) is a 100% subsidiary of BPPTL and manages the property and private equity investments of the BP Pension Fund. Asset managers external to BP oversee investments in asset classes such as listed equity, derivatives and a wide array of fixed income asset types.
The Private Markets Accounting team manages the day-to-day finance and operational activities of the private equity (PE) and property portfolios and provides sound financial control and reporting. We are delighted to offer the opportunity for a Private Markets Analyst to join the team based at our offices at Canada Square, London. The Analyst will perform a crucial role which supports the delivery of financial control, reporting, accounting and cash processes relating to the private equity and property asset classes.
Key Responsibilities :Handling cash payments and receipts and preparing cash forecasts.
Accounting for transactions and quarterly valuations in the property and PE portfolios and inputting to the Fund's accounting record.
Ongoing tax related matters including ensuring the fund's compliance with PE US tax and property UK tax filing requirements
Review and input to PE and property performance and benchmark returns
Providing finance and tax related support in relation to PE and property investment transaction activity.
Supporting the year end statutory accounting and audit process.
Maintaining positive relationships with a number of teams including the investment portfolio management teams and key suppliers.
Job Advert
What we are looking for:A background or exposure to working within a financial control and/or investment accounting role - preferably within the investment/fund management industry.
Good understanding of private equity and property asset classes.
An eye for detail and a focus on prioritising tasks is vital to ensure that critical deadlines are met.
The ability to build partnerships, establish trust and manage our partners is crucial for success and even-though we work as a team to get things done, demonstrating initiative and the ability to work independently is key.
A willingness to tackle sophisticated problems, to challenge processes and to recommend new ways to bring improvements and efficiencies.
An interest in learning new activities and an interest in new technologies.
Desired Criteria:Qualified or part qualified accountant (ACCA, CIMA, ACA or equivalent) with prior experience of Private I and SAP.
Entity
Regions, Cities & Solutions
Job Family Group
Finance Group
Relocation available
No
Travel required
No
Time Type
Full time
Country
United Kingdom
About BP
REGIONS, CITIES & SOLUTIONS
Being part of regions, cities and solutions (RC&S) means bringing together the best of bp to build enduring relationships with regions, countries, cities and corporations around the world. Together we can provide innovative, integrated and decarbonised energy solutions at scale to help the world reach net zero and improve people's lives.
Working within RC&S you will be:
• providing a single 'face' and a joined-up approach to managing key political, business, community and country stakeholders - working closely with our other bp entities
• delivering intelligence, security, crisis management and geopolitical insights across all of our businesses
• driving excellence and consistency in how we establish and manage all of our non-operated joint ventures (NOJVs)
• identifying and delivering new integrated energy solutions to help decarbonise countries, cities and corporations by bringing together capabilities, products and services across our platform and with our strategic partners, creating value greater than the sum of its parts
Legal disclaimer
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, 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, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations
Role Synopsis:
This opportunity will support, BP Pension Trustees Limited (BPPTL), which is a corporate trustee responsible for the managing of the BP Pension Fund (a UK defined benefit scheme). In essence, BPPTL exists to ensure the Fund is run properly so as to protect and pay the pensions and related benefits which members have built up. This includes but is not limited to such functions as establishing investment strategy, appointing fund managers and oversight of those fund managers, ensuring benefits are paid, actuarial valuation and annual scheme accounts preparation.
About the role:
The in-house investment manager BP Investment Management (BPIM) is a 100% subsidiary of BPPTL and manages the property and private equity investments of the BP Pension Fund. Asset managers external to BP oversee investments in asset classes such as listed equity, derivatives and a wide array of fixed income asset types.
The Private Markets Accounting team manages the day-to-day finance and operational activities of the private equity (PE) and property portfolios and provides sound financial control and reporting. We are delighted to offer the opportunity for a Private Markets Analyst to join the team based at our offices at Canada Square, London. The Analyst will perform a crucial role which supports the delivery of financial control, reporting, accounting and cash processes relating to the private equity and property asset classes.
Key Responsibilities :Handling cash payments and receipts and preparing cash forecasts.
Accounting for transactions and quarterly valuations in the property and PE portfolios and inputting to the Fund's accounting record.
Ongoing tax related matters including ensuring the fund's compliance with PE US tax and property UK tax filing requirements
Review and input to PE and property performance and benchmark returns
Providing finance and tax related support in relation to PE and property investment transaction activity.
Supporting the year end statutory accounting and audit process.
Maintaining positive relationships with a number of teams including the investment portfolio management teams and key suppliers.
Job Advert
What we are looking for:A background or exposure to working within a financial control and/or investment accounting role - preferably within the investment/fund management industry.
Good understanding of private equity and property asset classes.
An eye for detail and a focus on prioritising tasks is vital to ensure that critical deadlines are met.
The ability to build partnerships, establish trust and manage our partners is crucial for success and even-though we work as a team to get things done, demonstrating initiative and the ability to work independently is key.
A willingness to tackle sophisticated problems, to challenge processes and to recommend new ways to bring improvements and efficiencies.
An interest in learning new activities and an interest in new technologies.
Desired Criteria:Qualified or part qualified accountant (ACCA, CIMA, ACA or equivalent) with prior experience of Private I and SAP.
Entity
Regions, Cities & Solutions
Job Family Group
Finance Group
Relocation available
No
Travel required
No
Time Type
Full time
Country
United Kingdom
About BP
REGIONS, CITIES & SOLUTIONS
Being part of regions, cities and solutions (RC&S) means bringing together the best of bp to build enduring relationships with regions, countries, cities and corporations around the world. Together we can provide innovative, integrated and decarbonised energy solutions at scale to help the world reach net zero and improve people's lives.
Working within RC&S you will be:
• providing a single 'face' and a joined-up approach to managing key political, business, community and country stakeholders - working closely with our other bp entities
• delivering intelligence, security, crisis management and geopolitical insights across all of our businesses
• driving excellence and consistency in how we establish and manage all of our non-operated joint ventures (NOJVs)
• identifying and delivering new integrated energy solutions to help decarbonise countries, cities and corporations by bringing together capabilities, products and services across our platform and with our strategic partners, creating value greater than the sum of its parts
Legal disclaimer
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, 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, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations
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