Lead Accountant - Terminals Acct

Sunoco•Dallas, TX

About The Position

Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 47 U.S. states, Puerto Rico, Europe, and Mexico. The Partnership's midstream operations include an extensive network of approximately 9,500 miles of pipeline and over 100 terminals. This critical infrastructure complements the Partnership's fuel distribution operations, which serve approximately 10,000 convenience stores, independent dealers, commercial customers, and distributors. At Sunoco, we take great pride in what we do and wholeheartedly believe our employees drive success for our company and our customers. We are always looking for the best and brightest talent and we are committed to making your job a challenging and rewarding experience. Job Summary: The Lead Terminal Revenue Accountant is responsible for overseeing and managing the financial operations and revenue reporting of Sunoco LP terminal facilities. This role involves ensuring accurate revenue recognition, compliance with accounting standards, and providing detailed financial analysis to support decision-making processes. The ideal candidate will have a strong background in accounting, exceptional analytical skills, and the ability to thrive in a fast-paced environment.

Requirements

Bachelor's degree in Accounting, Finance, or a related field.
Revenue recognition.
Strong knowledge of GAAP and revenue recognition principles.
Proficiency in accounting software (e.g., SAP, Oracle) and Microsoft Office Suite, especially Excel.
Excellent analytical, problem-solving, and communication skills.
The Lead Accountant/Analyst level requires a Bachelor's degree or equivalent experience and 8+ years of relevant job related experience

Responsibilities

Revenue Recognition: Ensure timely and accurate recognition of revenue from terminal operations.
Monitor contracts and agreements to ensure compliance with revenue recognition policies.
Prepare and review journal entries related to revenue transactions.
Financial Reporting: Prepare monthly, quarterly, and annual financial statements related to terminal revenue
Assist in the preparation of management reports and presentations
Ensure all financial reports are in compliance with GAAP
Reconciliation and Analysis: Perform regular reconciliation of revenue accounts.
Analyze revenue trends and variances to provide insights and recommendations.
Collaborate with operations and finance teams to resolve discrepancies.
Audit and Compliance: Support internal and external audits by providing necessary documentation and explanations.
Ensure compliance with internal controls, policies, and procedures.
Stay updated on changes in accounting standards and regulations affecting revenue recognition.
Process Improvement: Identify opportunities for process improvements and implement best practices.
Develop and maintain documentation of revenue accounting processes and procedures
Oversight: Review the work of revenue accountants to ensure accuracy and compliance.
Provide guidance and mentorship to junior staff, fostering their professional growth.
Coordinate and manage the workload of the revenue accounting team to ensure deadlines are met.