The Site Accountant will provide 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.
