CITGO Petroleum Corporation

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Fin Anlyst GR/IR Recon & Vendor Supprt (Finance)



CITGO PETROLEUM CORPORATION

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.

At CITGO our people are our most important resource. Our core values are Safety, Integrity, Respect, Accountability, and Care.

Job Summary

This position is responsible for resolving and clearing Goods Receipt/Invoice Receipt (GR/IR) imbalances to ensure accurate balance sheet reporting. This position will also perform vendor reconciliations, month-end reporting, GL reconciliations, and ensure SOX compliance. This includes analyzing various data sets to resolve and then prevent payment delays. In addition, this position will coordinate activities between Procurement, Treasury, and other business units and departments to resolve any vendor related issues and inquiries. The position also requires SAP entry of material movements and vendor invoices.

Minimum Qualifications

  • Bachelor's Degree in Accounting, Business, Finance
  • 2 years of job-related experience
  • Proficiency in financial software applications such as SAP and Right Angle is a plus.
  • Advanced proficiency in Microsoft Excel.
  • Strong analytical, problem solving, and critical thinking skills, with the ability to interpret complex financial data and trends.
  • Excellent communication, leadership, and interpersonal skills, with the ability to collaborate effectively across departments and levels of the organization.

Job Duties

1. Analysis and reconciliation of various general ledger accounts, including the GR/IR account. Investigate any issues resulting from imbalances and resolve. Implement best practices to prevent imbalances/payment delays. Develop data tools to assist in monitoring of accounts and for monthly, and quarterly, closing processes.

2. Clearing of payment blocks by entry of SAP material movements and invoices as needed.

3. Provide root cause analysis for both general ledger (GR/IR and AP clearing accounts) and vendor sub-ledger balances. Coordinate with appropriate departments (i.e., Procurement, Plant, Requisitioner, etc.) to resolve issues, for outstanding items as needed to maintain positive vendor relations and support on-time payment initiatives.

4. Prepare monthly, and quarterly, documentation, reconciliation, and analysis to ensure SOX compliance.

5. Participate in continuous improvement efforts through data focused thinking; perform process assessments identifying opportunities and prioritization.

6. Provides back-up duties in support of AP team members as needed.

7. Prepares month end JV's and runs monthly close SAP reports.

Special projects as required by the Manager.

Job Duties II

Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned.

Here are the incentives we offer:

• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Caregiver Leave
• Excellent 401(k) Match
• Pension Plan
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)

PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Requisition ID - 1039 Apply

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