Fuels Marketing Accounting Manager

Wills Group, Inc•La Plata, MD

1d•Hybrid

About The Position

The Fuels Accounting Manager oversees the day-to-day operations of the fuels marketing accounting function and is responsible for maintaining financial information and preparing financial reports in compliance with GAAP and internal reporting requirements. The Fuels Marketing Accounting Manager will lead a team of accounting professionals responsible for all accounting processes, financial reporting and key operational reporting surrounding the wholesale and retail fuel accounting functions within the business. This role will provide leadership to ensure accuracy and adherence to established policies and procedures and partner closely with Operations, Fuel Pricing and Logistics, Treasury and IT to maintain strong internal controls and support business decision making. This role will oversee the accounting for the Company’s fuel marketing business. Ensure the accurate accounting of fuel sales and loyalty programs as well as fuel purchases, freight and taxes. Manage accounts receivable functions related to billing and collections for management fee (commissioned agent), DTW, rack plus operators as well as receivables from credit card processors.

Requirements

Bachelor’s degree in Accounting, Finance or related field required
Must be eligible to work in the US (Wills Group participates in E-Verify)
Must be 18 years of age or older
5+ years of functional and operational accounting experience
3+ years of supervisory experience across accounting and/or finance functions
Strong financial analysis, research, and technical accounting skills
Strong capability in working with technology, including advanced Excel skills, Power BI and large-scale ERP platforms
Authorization to work in the U.S. (visa sponsorship or C2C opportunities not available at this time)
Willing to submit to a pre-employment background check, including credit check, in accordance with local, state, and federal laws

Nice To Haves

Petroleum marketing or fuel experience in convenience retail or other relevant industry experience.
Experience working with PDI.
Strong leadership and coaching skills.
High attention to detail and accuracy.
Excellent verbal and written communication skills.
Ability to manage deadlines in a fast-paced environment.

Responsibilities

Oversee the accounting for the Company’s fuel marketing business. Ensure the accurate accounting of fuel sales and loyalty programs as well as fuel purchases, freight and taxes.
Manage accounts receivable functions related to billing and collections for management fee (commissioned agent), DTW, rack plus operators as well as receivables from credit card processors.
Ensure the accuracy and consistency of data for accounts payable, accounts receivable and general ledger related to the fuels marketing accounting functions within the business.
Supervise the monthly closing activities of the Fuel Marketing Accounting team and oversee preparation of monthly journal entries.
Perform and supervise the reconciliation of all fuels marketing-related general ledger accounts on a monthly, quarterly and annual basis.
Support the fuels marketing team related to recurring and ad hoc reporting requests around fuel inventory and margins.
Support the fuels marketing operations team with respect to questions related to financial information submitted by dealers/operators.
Lead the monthly and annual (including year-end audit) close processes related to fuels marketing accounting.
Support the annual budgeting process related to gallons, margins and costs for fuels marketing.
Oversee, monitor, and work to improve accounting procedures related to areas of responsibility. Identify opportunities to automate manual processes and drive continuous improvement and process standardization.
Manage, train and develop the Fuels Marketing Accounting team and delegate duties to meet departmental and organizational goals.

Benefits

Employer 401(k) match (currently at 7%)
Health savings plan
Financial planning
Comprehensive health, vision, and dental plans tailored to meet the needs of our people and their families, even their pets!
Vacation
Sick leave
Personal leave
Community engagement leave
Parental leave for new parents
Hybrid and flexible work environment
Employee Assistance Program
Travel assistance
Family life planning
Discounts on theme parks, Broadway shows, concerts, travel, shopping, dining, and wellness services
100% tuition reimbursement to support our team’s education goals
Robust development programs
Certificate program assistance (up to 100% employer-paid)
Competitive pay matched to DC Metro area