Vitol

Project Accounting Analyst

Vitol  •  Houston, TX (Onsite)  •  3 hours ago
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Job Description

Vitol is a leader in energy and commodities. Vitol produces, manages and delivers energy and commodities to consumers and industry worldwide. In addition to its primary business of trading, Vitol is invested in infrastructure globally, with $13+ billion invested in long-term assets.

Vitol’s customers include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves its customers from some 40 offices worldwide. Revenues in 2025 were $343bn.

For more information: vitol.com

The Project Accounting team is responsible for overseeing all financial aspects of Vitol’s asset-based projects, including booking project-related transactions, monitoring project budgets, and providing real-time reporting and analysis to project teams and management.

The Project Accounting Analyst will work closely with project managers, developers, vendors, stakeholders, and other members of the Finance organization to support accurate financial reporting, effective project controls, and informed decision-making. This is a highly collaborative role suited to someone who is detail-oriented, proactive, and comfortable managing multiple priorities in a fast-paced environment.

Responsibilities may include:

Reporting and Analysis

  • Track and report on project capex and opex budget to actuals, providing real-time and lookback views for development teams
  • Support the preparation of project board reporting, including capex and development spend and operating EBITDA
  • Maintain documentation of board approvals, project budgets and forecasts
  • Support audit and financial statement preparation for project entities as needed

Project Controls and Vendor/Developer Relationships

  • Own relationships with project developers and vendors, ensuring timely communication and resolution of financial issues
  • Review unpaid invoices and open cash, identifying and reporting outstanding items to project teams and developers

Project Expense Processing:

  • Review and reconcile project costs, ensuring completeness and accuracy against project budgets
  • Monitor and report on project cash flow, including remittances, deposits, and prepaids
  • Process and book all project-related invoices (including capital expenditures, development deposits, prepayments, and operating expenses)
  • Prepare and review journal entries for project transactions, including accruals and reclassifications as assets are received or projects progress
  • Maintain documentation of board approvals and project status, summarizing and communicating key impacts to other accounting teams

Other

  • Support transaction activities for purchases and sales of assets
  • Read and summarize contracts and agreements related to transactions, leases, construction, and energy offtake
  • Build new processes and identify automation opportunities for existing processes using tools such as Alteryx, AI, and Python

Qualifications

  • Bachelor’s degree in accounting preferred
  • 2 years of experience in a General Accounting function
  • CPA strongly preferred; must be CPA eligible at a minimum
  • Fundamental accounting skills required
  • Strong Excel skills and proficiency with Microsoft applications, including but not limited to Outlook and Word

Additional Information

Successful Candidates will:

  • Be self-motivated, detail-oriented and highly organized
  • Ability to work cooperatively and effectively with a wide variety of people with courtesy and professionalism
  • Ability to successfully perform multiple tasks, often with strict or changing deadlines
  • Ability to communicate effectively, both verbally and in writing
  • Be curious, creative and up for a challenge
  • Have a genuine desire to build relationships across a global business
  • Have strong quantitative, analytical and critical thinking skills
  • Have a strong sense of accountability and ownership of key deliverables
  • Earn the trust of others by continuously demonstrating the ability to follow-through
  • Maintain a regular, dependable attendance and high level of performance

Work Environment

This job operates in a professional office environment. Because of the collaborative, fast-paced, and high energy nature of our business, Vitol requires team members to work from our fully equipped office

All your information will be kept confidential according to EEO guidelines.

Vitol

About Vitol

We are a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon credits. Every day we use our expertise to distribute energy around the world. We source from producers, refiners and intermediaries and deliver to refineries, utilities, airlines and retail distribution networks as well as wholesalers and other traders. We manage the physical risk associated with moving energy.

Our business is global: we trade over 7 million barrels per day of crude oil and products and charter around 6,000 ship voyages a year. We also use our technical expertise to manage a global network of energy infrastructure that we deploy to help meet supply and demand flows worldwide. Our trading and logistical expertise is supported by a suite of proprietary technology applications that we build and maintain in-house.

From more than 40 offices worldwide, we seek to add value across the energy supply chain, including deploying our scale and market understanding to help facilitate the energy transition. To date, we have committed over $2 billion of capital to renewable projects and sustainable energy solutions. The focus of our business is changing, and we are always looking for new people to help build the company for the next decade and beyond.

We are a flat organisation that has a collaborative and entrepreneurial ethos. Vitol’s people are empowered to own their decisions and take responsibility for their actions. The culture is underpinned by our core values of integrity, honesty and humility. Our colleagues comprise c.1,600 people with 65+ nationalities represented, making us a truly global organisation.

For more information: www.vitol.com

Our latest ESG report can be downloaded here: https://www.vitol.com/about/esg-report/

Industry
Oil, Gas & Mining
Company Size
1,001-5,000 employees
Headquarters
Rotterdam, NL
Year Founded
1966
Website
vitol.com
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