INEOS

Site Accountant

INEOS  •  Texas City, TX (Onsite)  •  4 days ago
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Job Description

Excited to grow your career?

We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply!

Our people make all the difference in our success.

Compensation Grade

The Site Accountant will p rovide 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.

Required profile:

Experience & Technical Skills

  • 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.

Behavioral Skills

  • 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.
INEOS

About INEOS

We are a global manufacturer of raw materials and a producer of energy used in everyday life. From medicines to mobile phones, agriculture to automotive, our products enhance standards of living for everyone around the world.

We understand the challenge the world is facing, and we are working hard to help economies, businesses and individuals deliver a zero carbon emissions future to meet the commitments of the Paris Agreement.

Our plans and actions revolve around implementing carbon emission reduction, making safe and sustainable products, investing in the energy transition, all while creating jobs, improving living standards worldwide.

But we wouldn't be able to achieve any of these without our 26,000 dedicated and talented colleagues. It is why we celebrate and reward individuals and teams who strive to push boundaries to constantly innovate and find new and better ways of doing things.

Industry
Chemicals & Materials
Company Size
10,000+ employees
Headquarters
London, GB
Year Founded
Unknown
Website
ineos.com
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