What are the responsibilities and job description for the ACCOUNTING ANALYST position at Formosa Plastics?
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.
Accounting Analyst
POSITION OBJECTIVE
Ensure the accuracy, completeness, and compliance of all cash-related accounting activities by managing daily cash transactions, reconciling financial accounts, supporting month-end and audit processes, and providing reliable financial analysis and reporting for internal and external stakeholders.
MAJOR AREAS OF ACCOUNTABILITY
- Cash Management and Monitoring
Oversee daily cash activities, identify discrepancies, and ensure timely resolution of issues to maintain accurate cash positions. - Account Reconciliation and Financial Integrity
Perform reconciliations of cash, investment, loan, and related accounts to ensure accuracy and compliance with accounting standards. - Financial Reporting and Analysis
Prepare and analyze financial reports, including income, expense, and balance sheet accounts, to support management decision-making. - Month-End and Period-End Close
Support the monthly closing process through journal entries, reconciliations, and variance analysis to ensure timely and accurate financial reporting. - Compliance and Regulatory Adherence
Ensure adherence to IRS regulations, corporate policies, and applicable accounting standards in areas such as interest calculations and financial reporting. - Audit Support and Internal Controls
Assist with internal and external audits by providing documentation, responding to inquiries, and maintaining strong internal control practices. - Cross-Functional and Affiliate Support
Collaborate with internal departments and international affiliates (e.g., FPC Taiwan) to deliver required financial data, reports, and analysis.
QUALIFICATION REQUIRED:
- Bachelor's degree in Accounting, Business Administration, Finance, or Taxation.
- Previous related experience in accounting, cash management, treasury, reconciliations, or general ledger accounting is preferred. Experience supporting month-end closing, financial reporting, and audit requests is highly desirable.
- Knowledge of cash accounting, bank and account reconciliations, month-end closing, journal entries, financial reporting, Excel, ERP/accounting systems, interest calculations, and audit support.
- Proficiency in Microsoft Office (Access, Excel, Power Point, Words).
- Strong analytical skill and attention to detail.
- Good communication skills both in oral and writing in English.
- Ability to work with others, be a team player.
- Physical requirements include duties common to a regular office environment.
- Must have regular, reliable attendance as well as the ability to work outside the regular schedule as required.
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
Salary : $62,290 - $77,706