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Financial Analyst - Refining Accounting

Financial Analyst - Refining Accounting

Korn Ferry Executive SearchHouston, TX, United States
10 hours ago
Job type
  • Full-time
Job description

Korn Ferry has partnered with our client on their search for a Financial Analyst - Refining Accounting.

Company Overview :

  • A prominent U.S. refining company operating refineries throughout the U.S. and worldwide. It also owns or has joint ownership in 38 terminals, 6 pipelines, and 3 lubricant plants
  • Company has a total crude refining capacity of approximately 807,000 barrels per day and employs around 3,300 people. It also has a long-standing reputation as a top-branded fuel supplier, operating under values of Safety, Integrity, Respect, Accountability, and Care
  • The company is implementing new technology platforms, such as Right Angle (ETRM software), to improve data-driven decision-making and financial analytics across the business

Role Summary :

  • Title : Financial Analyst - Refining Accounting
  • Reports to : Crude Feedstock Supervisor, Refining Accounting Department
  • Team Involvement : Works closely with Treasury, Operations, and Corporate Finance, with frequent collaboration across Trading, Scheduling, Vendors, and the Customs Reporting Team to ensure accuracy, compliance, and efficient financial reporting
  • Key Responsibilities :

  • Record and reconcile accounting entries for product purchases, sales, and transfers in accordance with GAAP
  • Support daily cash forecasting and provide analysis of variances in procurement and sales activity
  • Verify pricing and volume data with suppliers and customers, coordinating with stakeholders to resolve discrepancies
  • Prepare accruals, reconciliations, and adjustments during monthly close, ensuring accurate reporting and compliance
  • Develop and submit customer invoices, collaborating with Accounts Payable and Receivable for timely processing and collections
  • Perform monthly profit center earnings and variance analysis, including price, volume, and mark-to-market reporting
  • Reconcile hydrocarbon inventories and resolve book-to-physical discrepancies with Operations
  • Review transactions for GAAP compliance and recommend process improvements when necessary
  • Provide audit support and contribute to financial and regulatory reporting requirements
  • Participate in special projects aimed at improving accuracy, efficiency, and financial system integrity
  • Ideal Candidate Profile :

  • Bachelor's degree in Accounting, Finance, or Business Administration with a focus in Accounting or Finance
  • Minimum of 2 years of experience in accounting or finance, preferably in the energy, oil and gas, or commodities industries
  • Strong understanding of U.S. GAAP and proven ability to apply accounting principles effectively
  • Proficient in Microsoft Excel, including pivot tables and lookups; experience with SAP or RightAngle preferred
  • Highly analytical and proactive, with strong organizational skills and attention to detail
  • Excellent communication skills and ability to work cross-functionally in a fast-paced environment
  • Experience with hydrocarbon accounting or trading activities is a plus
  • Compensation & Benefits :

  • Base Salary Estimate : Based on market alignment and candidate experience
  • Hybrid with 9 / 80 schedule
  • Comprehensive benefits package including :
  • Annual vacation incentive (40-120 hours) and generous PTO
  • 401(k) with company match and pension plan
  • Medical, dental, vision, and life insurance
  • On-site amenities at select locations (health clinic, cafeteria, fitness center)
  • Gym membership reimbursement and wellness programs
  • Educational assistance and scholarships
  • Employee discounts and long-term disability coverage
  • Korn Ferry shall provide equal employment opportunity to all qualified candidates, and will refer candidates without regard to race, color, religion, national origin, sex, age, disability, veteran status or any other legally protected basis.

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