Accountant II - Inventory Refined Products Accounting

CVR Energy, Inc.•Sugar Land, TX

About The Position

The Inventory Volumetric Accountant reconciles inventory activity across company-owned and third-party locations to support accurate inventory records and financial reporting. The position supports multiple refining locations, researches and resolves inventory discrepancies, develops expertise in inventory accounting and business processes, and contributes to process improvement and automation efforts. The role also supports compliance with internal controls and company policies related to inventory controls, and helps maintain effective controls and documentation for internal and external audits.

Requirements

Bachelor’s degree in accounting or finance.
At least 2 years of related experience.
Intermediate Microsoft Office Suite skills.
Ability to reconcile large volumes of data with strong attention to detail.
Excellent analytical and problem-solving abilities to identify and resolve issues.
Strong verbal and written communication skills to collaborate effectively with internal and external stakeholders.
Fluency in written and spoken English.
Ability to prioritize tasks and adjust work schedule to meet business needs.
Must be eligible to work in the United States; the company will not sponsor immigration or work visas.

Nice To Haves

Experience in the energy industry.
Experience with Right Angle’s ETRM application.

Responsibilities

Reconcile assigned inventory locations with internal and external stakeholders, investigate discrepancies, and ensure transactions are booked accurately and on time.
Analyze and interpret pipeline tickets, terminal reports, rail reports, and refinery tank balances.
Prepare and record journal entries for accruals and volumetric activity in accordance with established accounting procedures.
Monitor take-or-pay agreements and related activity to identify volume shortfalls, assess potential financial impacts, and ensure appropriate accruals are recorded.
Monitor and reconcile inventory positions, coordinating with Marketing and Actualization teams to research and resolve bill of lading matching issues that cause inventory discrepancies.
Identify and implement opportunities to automate manual tasks, where applicable, to save time and reduce human error.
Collaborate with yield accounting, operations, billing, commercial, and marketing teams to understand daily inventory movements and trade-related activity.
Maintain clear and concise documentation of procedures and exceptions.
Work on special projects as assigned.
Ensure compliance with internal controls and company policies related to inventory controls.
Complete inventory reconciliations timely, clearly explain reconciling items and discrepancies, and resolve aged items in a timely manner.
Maintain and document effective controls over material and inventory processes for internal and external audits.
Serve as a subject matter expert in system implementations, upgrades, and audit walkthroughs.