Inventory Accounting Manager

Lyondell Basell North America • Houston, TX

7d • Hybrid

About The Position

LyondellBasell
is a leader in the global chemical industry creating solutions for everyday sustainable living. With a nearly 70-year
legacy that includes a Nobel Prize in Chemistry and our proprietary
MoReTec
recycling technology, LYB is enabling a more sustainable future for generations to come.
LYB develops high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. LYB places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. We're
addressing the global challenges of ending plastic waste, taking climate action, and supporting a thriving society, while generating value for our customers, investors, and society.Come Join an Inclusive TeamLyondellBasell is seeking an Inventory Accounting Volumetric Manager to serve as the primary focal point for Olefins and I&D mass balance activities. This role has regional oversight for volumetric activities and ensures accurate, timely processing of volumetric transactions in line with accounting procedures.
The position requires technical expertise along with expanded cross‑functional influence. Together, these capabilities support the effective coordination and resolution of complex, interrelated mass‑balance activities while contributing to the company’s progress toward standardized and automated inventory accounting practices.
Additional responsibilities reviewing actual cost computations, inventory adjustments, inventory count reconciliation, product costing, inventory valuation (LIFO/FIFO) support and other duties as assigned. The role also oversees shared‑service personnel managing volumetric transactions through our BPO partner, Accenture.A Day in the LifeAs the Inventory Accounting Volumetric Manager, you will:

Requirements

• Minimum 8 years of finance and/or accounting experience.
• Bachelor’s degree in Accounting, Finance, or related discipline required.
• Understanding of US GAAP; exposure to European GAAP and IFRS is an advantage.
• Experience with internal controls and SOX/404 requirements.
• Success in a global, fast-paced, dynamic, and deadline-driven environment.
• Passion for challenging the status quo and elevating analytical capabilities.
• Deep understanding of finance processes within the Petrochemicals business model (highly desirable).
• SAP experience; Materials Management (MM) module knowledge is a plus.
• Experience leading operational finance processes or functions of comparable scale and complexity (e.g., closing cycles, shared service environments).
• Professional certifications such as CPA or CIMA are a plus.

Responsibilities

• Serve as the expert in key inventory flows within SAP and act as the primary business partner with plant personnel on yield analysis, understanding the related financial impacts and reviewing associated entries and reconciliations.
• Deliver efficient and effective processes on behalf of Inventory Accounting, ensuring compliance with corporate policies and legislative requirements.
• Support the Senior Manager – Inventory Accounting in the management and oversight of Accenture’s inventory accounting services.
• Coordinate solutions to complex and interrelated plant challenges, ensuring accurate mass balance and volumetric data.
• Lead continuous process standardization and optimization efforts, supporting global alignment and cross-training strategies.
• Support the achievement of functional goals by fostering a culture of accuracy, curiosity, customer‑focused service, and knowledge sharing.
• Perform SOx controls and maintain supporting documentation for areas of responsibility.
• Serve in lead and support capacities on global inventory initiatives and broader LYB enterprise projects.
• Implement and monitor performance indicators and operational metrics, analyzing performance trends and benchmarking against standards.
• Review key monthly and quarterly controls and support leadership in ensuring the continued effectiveness of internal controls.
• Assist in developing, enhancing, and maintaining detailed and high-level process documents, global accounting procedures, and process controls.

Benefits

• We offer employees a competitive total compensation package, which includes base pay and variable incentive pay programs.
• This supports a pay-for-performance culture, recognizing both individual and company performance, as well as benefit programs that are highly attractive and competitive within the markets for which we compete for talent.
• The Company's Global Remote Work Policy allows eligible employees the option to work up to two days a week from home.
• 401(k) Plan with Company Match
• Retirement (Pension) Plan
• Employee Stock Purchase Plan
• Educational Assistance
• Choice of Preferred Provider or Consumer Driven Medical Plan including Prescription Drug Coverage
• Dental, Vision and Employee Assistance Program
• Flexible Spending Accounts
• Life, AD&D and LTD Insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level