Financial Analyst

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 completing basic financial processes, but may be extended to moderately complex financial processes depending on the experience of the employee. The base duties include recording accounting entries for product purchases, sales and transfers. Additional duties include identifying the need for accrual entries, preparing amortization schedules for prepaid and deferred items, reconciling general ledger account balances and preparing correcting entries identified during that reconciliation. Also, duties may include supporting the above activities through reference to authoritative accounting literature and identifying impact of accounting transactions on reported financial statements. In addition, the job identifies and develops financial processes within the Controller's organization. Identifies where existing accounting practice are not in agreement with GAAP (generally accepted accounting principles) and proposes changes to those practices to ensure compliance with GAAP. This position will work closely with Treasury and Operations in the daily cash forecasting process. This position will analyze financial results for the supervisor to which the analyst is assigned to. This analysis will include, but is not limited to, hydrocarbon inventories; purchases and sales; balance sheet accounts; required corrections; and errors and exceptions as identified. The employee will use knowledge of GAAP, CITGO operations and CITGO financial processes as they relate to both corporate and business unit earnings to act as an analytical resource within the Controller's organization (and within the business units when necessary). Use creative thinking skills for problem solving. Perform analytical tasks independent of direct daily supervision.

Minimum Qualifications

Education :

• Bachelor's degree in Accounting or Finance or a Bachelor's Degree in Business Administration with a focus in Accounting or Finance.

Experience :

Preferred :

Job Duties

Daily :

Monthly Analysis :

Job Duties II

GAAP Accounting :

Perform continuous review and evaluation of transactions within assigned area to ensure recorded results are in agreement with generally accepted accounting principles. When processes are not in agreement with GAAP, modify those processes to remove the possibility of audit exceptions and later corrections. If this modification results in substantial changes to processes, communicate this potential with the finance department manager.

Special Projects / Reports :

Perform report summarization and / or analysis as requested providing management with results and recommendations for improvements.

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

Here are the incentives we offer :

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 - 1637