Low Carbon Fuels Finance Coordinator

ValeroMontreal, QC
Onsite

About The Position

Valero Energy Inc., with its Canadian head office in Montreal, is a subsidiary of Valero Energy Corporation, a Fortune 500 company. We are the leading distributor of petroleum products in Quebec, the Atlantic provinces and Ontario—and the world’s second-largest producer of renewable diesel fuel and ethanol. We stand out as the second-largest petroleum refiner in eastern Canada, thanks to our Jean-Gaulin Refinery in Lévis. We also possess numerous major logistical infrastructures, such as the Montreal East Terminal. Our success? We owe it to our 10,000 employees who are committed to our values—including safety, environmental stewardship, teamwork, community engagement and operational excellence. We consider our employees our most important asset and provide a wide variety of stimulating jobs for those seeking to grow professionally. Our salaries and benefits—along with our retirement savings plan, which ranks among Canada’s Top 5 in terms of employer contributions—are highly competitive. These are some of the reasons we are known as an employer of choice. Reporting to the Manager, Low Carbon Compliance, the Finance Coordinator, Low Carbon Fuels is responsible for the financial accounting, valuation, forecasting, and reporting of the Company's low carbon compliance programs. The Finance Coordinator ensures compliance activities are accurately reflected in financial records, supports financial planning and analysis related to compliance programs, and serves as the primary liaison with Corporate Accounting for Canadian low carbon compliance financial reporting

Requirements

  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field
  • CPA designation (or progress toward designation).
  • 3-5 years of relevant experience
  • Bilingual - French and English (spoken and written)
  • Excellent organization and time management skills
  • Comfortable dealing with ambiguity and forging a path forward
  • Manage multiple complex files simultaneously and under pressure
  • Strong critical thinking skills with the ability to draw informed conclusions

Nice To Haves

  • Experience in the energy industry, a strong asset
  • Advanced Excel, SAP & Power Query knowledge, an asset

Responsibilities

  • Account for low carbon compliance credits and regulatory obligations in accordance with applicable accounting standards.
  • Prepare journal entries and ensure accurate reporting of low carbon compliance assets, liabilities, revenues, and expenses.
  • Maintain and reconcile low carbon compliance credit inventories and compliance-related balance sheet accounts.
  • Act as the primary liaison with Corporate Accounting for Canadian low carbon compliance financial reporting matters.
  • Develop and maintain valuation methodologies for compliance credit banks and compliance positions.
  • Monitor market conditions and assess the financial impact of low carbon credit price movements and compliance strategies.
  • Prepare forecasts, perform variance analyses, and support short and long-term planning activities related to compliance programs.
  • Support month-end, quarter-end, and year-end close processes and the implementation of new accounting standards.
  • Collaborate with commercial, supply, regulatory, and accounting teams to assess the financial impacts of compliance and market changes.
  • Develop and effective financial controls over low carbon compliance accounting processes.
  • Coordinate vendor setup, invoice review, and payment processing related to low carbon compliance credit purchases.

Benefits

  • Full benefits package
  • Being employed by one of Canada’s Top 5 employers in contributions to the retirement savings plan
  • Annual bonus program
  • Reimbursement of training expenses program
  • Reimbursement of fitness activities program
  • Health and Wellness Program
  • Free access at all times to virtual healthcare
  • On-site access to a gym and fitness courses
  • Rewards program for service anniversaries
  • Summer schedule for eligible positions
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