Site Accountant

INEOS•Texas City, TX

34d

About The Position

The Site Accountant will provide financial co-stewardship for the Texas City site, including budgeting & forecasting, business partnering, SAP month-end close, contract support and financial analysis. This role ensures accurate, timely, and insightful reporting to support site leadership and the wider Acetyls business. Accountabilities of the job: Accountability 1: Financial Accounting & Reporting Review, analyze and report site costs for actuals, budget, and forecast. Perform monthly balance sheet assurance, reconciliations, and IFRS/GAAP-compliant accounting. Monitor and reconcile stock ledgers, ensuring the safeguarding of inventory assets and SAP accuracy. Manage all aspects of production accounting, ensuring accurate consumption, production, variances and stock valuation. Manage COGS valuations, including FIFO, BOM accuracy, and material cost integrity. Review inventory write-offs and adjustments, and report monthly movements. Perform physical inventory counts where necessary. Provide the inputs for the weekly and monthly cash forecast. Co-lead the annual site budget process, coordinating inputs across all the functions. Challenge cost owners to deliver against budget and forecast commitments, ensuring submissions are accurate, commentary is insightful, and fully aligned with Acetyls’ strategic objectives. Support site cash flow forecasting, including working capital analysis, identification of risks and opportunities, and optimize cash performance. Support planning and financial modelling. Responsible for the Oracle HFM upload. Work with other INEOS business units to ensure intercompany balances are cleared. Responsible for the monthly invoice workings for site partners. Accountability 2: SAP Master Data & System Stewardship Lead the SAP month-end close, including assessments, distributions, allocations and co-lead all financial stewardship activities. Maintain and validate SAP financial master data, including cost centers, accounts and allocation structures to ensure accurate cost flow and reporting. Manage the SAP activity-based costing and enter the monthly amounts. Reconcile the different SAP modules. Maintain and update SAP foreign exchange rates. Accountability 3: Business Partnership Act as the primary financial partner to Operations, Commercial, and Site Leadership. Prepare and deliver presentations to the leadership team and stakeholders. Provide financial insight, challenge, and recommendations to improve site performance. Support contract management and serve as the financial point of contact for agreements worth approximately $30m. Influence decision-making through clear communication of risks, opportunities, and trends. Challenge assumptions in operational plans and drive continuous improvement. Ensure the Delegation of Authority is being enforced. Accountability 4: FP&A and Performance Management Support annual budget and monthly forecasts. Perform variance analysis with clear identification of operational drivers. Partner with the rest of the business to provide cost models, scenario analysis, and profit and loss impacts. Ensure financial insights are integrated into decision-making. Implement process improvement and financial system optimization. Prepare and explain latest estimates and financial forecasts. Provide insights into earnings, cash flow and variances. Develop cost and profitability models by product, asset/ unit to support the organization. Accountability 5: Cross-Functional Support Apply knowledge of tax law and support compliance. Assist with Accounts Payable, Accounts Receivable, and Treasury as required. Liaise with auditors and ensure compliance with INEOS Group reporting guidelines. Contribute to ad-hoc projects, system improvements and continuous-improvement initiatives. Join ad-hoc project teams in order to help INEOS Acetyls achieve specific goals. Perform any other finance duties as required.

Requirements

Bachelors’ degree in Accounting or Finance with 10+ years relevant experience.
CPA qualified Accountant preferred.
The role requires a sound technical accounting knowledge and strong understanding of International Financial Reporting Standards (IFRS) and GAAP, to be capable of applying the understanding and knowledge in daily posting and reporting activities.
Highly independent and results-oriented in order to encourage a culture of high data quality through accuracy, attention to detail, consistency and understanding.
The jobholder needs to have strong digital skills and preferably knowledge of SAP.
Experience with cost accounting in a manufacturing industry is preferred.
Strong numerical and analytic skills, business acumen and understanding of business drivers.
Pro-active with strong interpersonal and communication skills to resolve issues and present information effectively and persuasively, with the skill of negotiating both internally and externally.
Ability to translate ideas into action, gain the respect and cooperation of team members.
Aptitude to identify and respond to stakeholder needs.
Well organized and flexible when dealing with site operational complexities in tight deadlines.
Ability to work under significant time pressure and still deliver a reasoned outcome.
Strong interpersonal skills, able to influence internally and externally.

Nice To Haves

CPA qualified Accountant preferred.
The jobholder needs to have strong digital skills and preferably knowledge of SAP.
Experience with cost accounting in a manufacturing industry is preferred.

Responsibilities

Review, analyze and report site costs for actuals, budget, and forecast.
Perform monthly balance sheet assurance, reconciliations, and IFRS/GAAP-compliant accounting.
Monitor and reconcile stock ledgers, ensuring the safeguarding of inventory assets and SAP accuracy.
Manage all aspects of production accounting, ensuring accurate consumption, production, variances and stock valuation.
Manage COGS valuations, including FIFO, BOM accuracy, and material cost integrity.
Review inventory write-offs and adjustments, and report monthly movements.
Perform physical inventory counts where necessary.
Provide the inputs for the weekly and monthly cash forecast.
Co-lead the annual site budget process, coordinating inputs across all the functions.
Challenge cost owners to deliver against budget and forecast commitments, ensuring submissions are accurate, commentary is insightful, and fully aligned with Acetyls’ strategic objectives.
Support site cash flow forecasting, including working capital analysis, identification of risks and opportunities, and optimize cash performance.
Support planning and financial modelling.
Responsible for the Oracle HFM upload.
Work with other INEOS business units to ensure intercompany balances are cleared.
Responsible for the monthly invoice workings for site partners.
Lead the SAP month-end close, including assessments, distributions, allocations and co-lead all financial stewardship activities.
Maintain and validate SAP financial master data, including cost centers, accounts and allocation structures to ensure accurate cost flow and reporting.
Manage the SAP activity-based costing and enter the monthly amounts.
Reconcile the different SAP modules.
Maintain and update SAP foreign exchange rates.
Act as the primary financial partner to Operations, Commercial, and Site Leadership.
Prepare and deliver presentations to the leadership team and stakeholders.
Provide financial insight, challenge, and recommendations to improve site performance.
Support contract management and serve as the financial point of contact for agreements worth approximately $30m.
Influence decision-making through clear communication of risks, opportunities, and trends.
Challenge assumptions in operational plans and drive continuous improvement.
Ensure the Delegation of Authority is being enforced.
Support annual budget and monthly forecasts.
Perform variance analysis with clear identification of operational drivers.
Partner with the rest of the business to provide cost models, scenario analysis, and profit and loss impacts.
Ensure financial insights are integrated into decision-making.
Implement process improvement and financial system optimization.
Prepare and explain latest estimates and financial forecasts.
Provide insights into earnings, cash flow and variances.
Develop cost and profitability models by product, asset/ unit to support the organization.
Apply knowledge of tax law and support compliance.
Assist with Accounts Payable, Accounts Receivable, and Treasury as required.
Liaise with auditors and ensure compliance with INEOS Group reporting guidelines.
Contribute to ad-hoc projects, system improvements and continuous-improvement initiatives.
Join ad-hoc project teams in order to help INEOS Acetyls achieve specific goals.
Perform any other finance duties as required.