NGL Accounting/Control Analyst

Ineos Group

League City (TX)

On-site

USD 65,000 - 84,000

Full time

11 days ago

Get a reply from this employer

Your resume and cover letter, tailored to exactly what they’re hiring for.

Get past ATS filters

Job summary

The NGL Accounting/Control Analyst position at INEOS Olefins & Polymers USA in League City, TX supports the accounting function for NGL and trading activities. You ensure timely book-keeping and accuracy for purchases, sales, and related cash flows.

Responsibilities include reconciling inventories, validating pricing, processing SAP transactions, weekly cash forecasting, and supporting month-end close. Collaboration with trading and finance teams is essential.

Qualifications

Bachelor’s degree in Finance, Accounting or related field.
Understanding of basic financial concepts and accounting techniques.
Experience or training in payables process is beneficial.
Familiarity with mid-office trading systems is a plus.

Responsibilities

Reconcile volumes to 3rd party pipeline/inspection reports.
Validate prices through blotter records and OPIS pricing data.
Validate trading deals in Right Angle based on blotter records.
Create Purchase Orders and enter Goods Receipts in SAP.
Create Sales Orders, Deliveries and Invoices in SAP.
Reconcile inventories via month-end reconciliations.
Reconcile AP/AR balances between SAP and Right Angle.
Process and track invoices and payments for feeds.
Cash forecasting on a weekly basis for cash team.
3rd party confirmations for purchases and sales.
Load prices into Right Angle; support deal capture and risk analysis.

Skills

Attention to detail

Organizational skills

Communication skills

Teamwork

Analytical abilities

Education

Bachelor’s degree in Finance, Accounting or related field

Job description

Interested in joining a winning team? A team whose employees are empowered to make a difference?

Job title

NGL Accounting/Control Analyst

Grade

Offer Range

$ 65,000 - $84,000 (commensurate with experience)

INEOS Olefins and Polymers USA is one of the largest integrated producers of olefins and polyolefins in North America. From its primary manufacturing locations at Chocolate Bayou, near Alvin, Texas and Battleground Manufacturing Complex in LaPorte, Texas, with significant operations at multiple sites in the US for WL Plastics, as well as smaller operations at Cedar Bayou. O&P USA, produces and/or markets of butadiene, ethylene, polypropylene, and high-density polyethylene, NGL feedstocks, and PE Plastic pipes with annual revenue of over $6 billion.

How the Role Fits In

The NGL Control Analyst is responsible for the ongoing support of the accounting function and book-keeping for the NGL and trading activities.

The Main Purpose of the Role

Ensure that key accounting transactions, particularly for book-keeping related to purchase and sales of NGLs and other traded products are made in a timely and accurate manner. Also help reconcile key controls including counterparty confirmations and weekly cash forecasting .

Responsibilities and Accountabilities

Reconciliation of all volumes to 3rd party pipeline/inspection reports.
Validation of prices through blotter (Trader) records of agreed pricing and OPIS (pricing service) to calculate and/or validate purchase/sale pricing.
Validation of trading deals in Right Angle based on blotter records.
Create Purchase Orders and enter Good Receipts in SAP
Create Sales Orders, Deliveries, and Invoices in SAP
Validation of inventories via month-end reconciliations of inventories
Reconciliation of AP/AR balances between SAP and Right Angle
Processing and tracking of invoices and payments for feeds
Cash forecasting on a weekly basis for cash team
3rd party confirmations of both purchases and sales.
Loading prices into Right Angle software used for deal capture and risk analysis.
Pricing analysis (current deals vs. market pricing)
Backup and assist the NGL Financial Analyst for activities such as the Daily Position Report, Weekly Report, and other activities.
Perform various closing activities for month end
Participate in special projects from time to time, as directed by management.
Other duties as assigned.

Skills & Knowledge Required

Education and Experience

Level of education & Experience in general

Bachelor’s degree in Finance, Accounting or related field required.
Understanding of basic financial concepts and accounting techniques either from experience or formal training, especially the payables process.
Further accounting awareness/experience beneficial.
Working knowledge of the industry operations and key industry business drivers is a plus.

Skills and Competencies

Technical skills

Attention to detail and inclined to work with large volumes of data and transactions.
Strong organizational skills, follow-up and ability to work independently on assigned tasks
Team Work capabilities and excellent communication skills required.
Analytical skills and familiarity with mid-office trading systems and processes is a plus
Creates an environment in which quality information flows freely between self and others; encourages open expression of ideas and opinions; ability to teach others effectively and communicate well across functional groups.
Must have good communication skills (both written and verbal).
Strong organizational and time management skills – ability to manage short deadlines.
Visionary: Adapts to multiple/changing demands readily.
Self-starting individual who can work with a minimal oversight/direction.

Our culture is one of honesty and integrity with an emphasis on safety, health and environmental performance.On our team, people are acknowledged for embracing new practices that help create real value for customers.