Supervisor - Inventory Accounting

Energy Transfer•Houston, TX

About The Position

The accounting group supporting the Partnership’s Refined Products Acquisition and Marketing (RPAM) is responsible for the accounting and administration for all refined products and natural gas liquids purchase and sales activities. This supervisor position is responsible for the accurate and timely reporting of the inventory and COGS / Revenue financial statement lines for the Refined Products business.

Requirements

Bachelor degree in Accounting, Finance or Business.
8+ years of related experience
In-depth knowledge and understanding of inventory accountant
Must have strong communications skills (verbal and written); and be effective in communicating, coordinating and implementing changes.
Must be able to identify the root cause(s) of accounting issues and be able to correctly resolve issues.
Strong business computer skills and the ability to learn and document processes.
Strong proficiency in Excel is required
Must be willing provide overtime hours support as necessary particularly around month-end reporting

Nice To Haves

MBA or CPA is a plus
Experience in the oil/gas industry is desired, but not required

Responsibilities

Supervise the daily responsibilities and development of 4 FTE inventory accountants
Responsible for rectifying any questions/concerns for the day-to-day activity of the FTEs
Ensure that the team’s work is performed accurately and timely.
Responsible for overseeing the daily inventory reconciliation of NGL and refined product inventory.
Ensuring that inventory discrepancies are identified, communicated and resolved for both internal and external customers in a timely manner.
Responsible for overseeing the month end close duties specifically around the inventory and COGS/Revenue financial statement lines.
Assuring that all activity reported in the G/L is accurate and timely prior to review by the Refined Products Accounting Manager.
Reviewing inventory reports for any unusual balances or transactions, resolving any inventory issues, reconciling and booking gains/losses on inventory and booking COGS entries for refined products related sales during the period.
Reviewing the sales/billing reports monthly ensuring completeness and accuracy
Responsible for providing any ad-hoc analysis as requested by manager.