What are the responsibilities and job description for the SENIOR ACCOUNTING ANALYST I position at Formosa Plastics Corporation, U.S.A.?
Company Overview For Formosa Plastics Corporation, U.S.A.
Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $5 billion, we employ over 2,800 people who operate 20 production units in six business divisions - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, Chlor-Alkali, and Oil & Gas.
Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid.
We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities.
Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas.
SENIOR ACCOUNTING ANALYST I
Job Summary
The Accounting Analyst performs professional-level financial analysis and reporting in
support of plant operations. The role applies independent judgment and accounting
expertise to analyze financial and operational data, including inventory and cost
accounting, reconciliations, and financial reporting. The position partners with plant
operations and corporate accounting to ensure accurate reporting, maintain eƯective
internal controls, and support operational decision making.
This position is analytical in nature and focuses on financial analysis, reconciliations, and
reporting. The role does not perform clerical or routine transactional accounting duties and
requires the ability to evaluate financial data, identify variances, and apply professional
judgment to resolve accounting issues.
Key Responsibilities
Independently analyze financial, operational, and production data to identify trends,
variances, and performance drivers and provide financial insight to management.
Analyze manufacturing costs, production results, and inventory activity to assess
operational and financial impacts.
Partner with plant leadership to evaluate production performance and cost drivers.
Prepare monthly P&L and cost center reports.
Assist annual budgeting and forecasting processes.
Perform month-end close activities, including ledger entries, adjustments, and cost
data input.
Prepare and review general ledger account reconciliations and analyze significant
variances.
Monitor finished goods and raw material inventory and perform related
reconciliations.
Support physical inventories, internal and external audits, and maintain compliance
with internal controls.
Serve as a resource for accounting processes, financial reporting, inventory
accounting, and vendor charge or cost allocation issues within the plant finance
function.
Qualifications
Required
Bachelor’s degree in Accounting, Finance, or related field.
10 years of progressive accounting or financial analysis experience.
Strong knowledge of GAAP and financial reporting.
Advanced Excel and analytical skills.
Strong problem solving and communication abilities.
Preferred
Manufacturing or plant accounting experience.
Cost accounting and inventory accounting experience.
Experience reviewing or supporting sales and use tax compliance related to
manufacturing purchases and vendor transactions.
Experience supporting internal and external audits.
Additional Statement
Employees may be assigned other duties as needed to support departmental and
organizational objectives.
This job description is intended to describe the general nature and level of work performed
and is not intended to be an exhaustive list of all duties, responsibilities, or qualifications
associated with the position.
Check Out Our Benefits
Health Coverage and Perks
Excellent medical, dental, and vision insurance plans
Flexible spending accounts for health, dependent care
Short-term Disability
Long-term Disability
Group Term Life, Dependent and
Supplemental Life Insurance
Tuition Reimbursement
Work/Life Balance
10 Paid Holidays
Paid Time Off for a balanced life
(Vacation, Sick and Personal Time)
FlexTime Available
Competitive Compensation
Competitive salary, incentive/bonus, 401(k) plan with company match,
Cash Balance, Pension Plan
Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $5 billion, we employ over 2,800 people who operate 20 production units in six business divisions - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, Chlor-Alkali, and Oil & Gas.
Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid.
We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities.
Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas.
SENIOR ACCOUNTING ANALYST I
Job Summary
The Accounting Analyst performs professional-level financial analysis and reporting in
support of plant operations. The role applies independent judgment and accounting
expertise to analyze financial and operational data, including inventory and cost
accounting, reconciliations, and financial reporting. The position partners with plant
operations and corporate accounting to ensure accurate reporting, maintain eƯective
internal controls, and support operational decision making.
This position is analytical in nature and focuses on financial analysis, reconciliations, and
reporting. The role does not perform clerical or routine transactional accounting duties and
requires the ability to evaluate financial data, identify variances, and apply professional
judgment to resolve accounting issues.
Key Responsibilities
Independently analyze financial, operational, and production data to identify trends,
variances, and performance drivers and provide financial insight to management.
Analyze manufacturing costs, production results, and inventory activity to assess
operational and financial impacts.
Partner with plant leadership to evaluate production performance and cost drivers.
Prepare monthly P&L and cost center reports.
Assist annual budgeting and forecasting processes.
Perform month-end close activities, including ledger entries, adjustments, and cost
data input.
Prepare and review general ledger account reconciliations and analyze significant
variances.
Monitor finished goods and raw material inventory and perform related
reconciliations.
Support physical inventories, internal and external audits, and maintain compliance
with internal controls.
Serve as a resource for accounting processes, financial reporting, inventory
accounting, and vendor charge or cost allocation issues within the plant finance
function.
Qualifications
Required
Bachelor’s degree in Accounting, Finance, or related field.
10 years of progressive accounting or financial analysis experience.
Strong knowledge of GAAP and financial reporting.
Advanced Excel and analytical skills.
Strong problem solving and communication abilities.
Preferred
Manufacturing or plant accounting experience.
Cost accounting and inventory accounting experience.
Experience reviewing or supporting sales and use tax compliance related to
manufacturing purchases and vendor transactions.
Experience supporting internal and external audits.
Additional Statement
Employees may be assigned other duties as needed to support departmental and
organizational objectives.
This job description is intended to describe the general nature and level of work performed
and is not intended to be an exhaustive list of all duties, responsibilities, or qualifications
associated with the position.
Check Out Our Benefits
Health Coverage and Perks
Excellent medical, dental, and vision insurance plans
Flexible spending accounts for health, dependent care
Short-term Disability
Long-term Disability
Group Term Life, Dependent and
Supplemental Life Insurance
Tuition Reimbursement
Work/Life Balance
10 Paid Holidays
Paid Time Off for a balanced life
(Vacation, Sick and Personal Time)
FlexTime Available
Competitive Compensation
Competitive salary, incentive/bonus, 401(k) plan with company match,
Cash Balance, Pension Plan