Supervisor - Inventory Accounting

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Summary:

The accounting group supporting the Partnership’s Refined Products Acquisition and Marketing (RPAM) is responsible for the accounting and administration for all refined products and natural gas liquids purchase and sales activities. This supervisor position is responsible for the accurate and timely reporting of the inventory and COGS / Revenue financial statement lines for the Refined Products business.

Essential Duties And Responsibilities:

• Supervise the daily responsibilities and development of 4 FTE inventory accountants
• Responsible for rectifying any questions/concerns for the day-to-day activity of the FTEs
• Ensure that the team’s work is performed accurately and timely.
• Responsible for overseeing the daily inventory reconciliation of NGL and refined product inventory.
• Ensuring that inventory discrepancies are identified, communicated and resolved for both internal and external customers in a timely manner.
• Responsible for overseeing the month end close duties specifically around the inventory and COGS/Revenue financial statement lines.
• Assuring that all activity reported in the G/L is accurate and timely prior to review by the Refined Products Accounting Manager.
• Reviewing inventory reports for any unusual balances or transactions, resolving any inventory issues, reconciling and booking gains/losses on inventory and booking COGS entries for refined products related sales during the period.
• Reviewing the sales/billing reports monthly ensuring completeness and accuracy
• Responsible for providing any ad-hoc analysis as requested by manager.
  
  

Requirements:

Education and/or Experience, Knowledge, Skills & Abilities:

To Perform This Job Successfully, An Individual Must Be Able To Perform Each Essential Duty Satisfactorily. The Requirements For This Position Are Listed Below:

• Bachelor degree in Accounting, Finance or Business.
• 8 years of related experience
• In-depth knowledge and understanding of inventory accountant
• Must have strong communications skills (verbal and written); and be effective in communicating, coordinating and implementing changes.
• Must be able to identify the root cause(s) of accounting issues and be able to correctly resolve issues.
• Strong business computer skills and the ability to learn and document processes.
• Strong proficiency in Excel is required
• Must be willing provide overtime hours support as necessary particularly around month-end reporting
  
  

Preferred Qualifications:

Education and/or Experience, Knowledge, Skills & Abilities:

• MBA or CPA is a plus
• Experience in the oil/gas industry is desired, but not required
  
  

Working Conditions:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

• Usually, normal office working conditions.
• Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
• Occasional overnight travel may be required.