Sr. Accountant - Renewables

Par Pacific Holdings, Inc.; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical, dental and vision insurance

401(k) with company match

Paid time off

Job summary

Par Pacific Holdings, Inc. is seeking a Sr. Accountant – Renewables to join our growing renewables team in Houston.

You will own accounting, profitability analysis, and financial reporting for the renewable joint venture, interfacing with accounting, commercial, and operations teams across multiple states, including Texas, Wyoming, Montana, Washington and Hawaii. You will gain exposure to SAP (our ERP) and strengthen financial analysis processes while ensuring accurate reporting and compliance

Qualifications

• Bachelor’s degree in Accounting, Finance, Business or similar required.
• CPA preferred
• Minimum six (6) years of accounting experience in private industry and/or public accounting required. Downstream industry experience preferred.
• SAP experience preferred (MM/FI/CO modules)
• Proficiency in Word, PowerPoint and intermediate to advanced Excel
• Understanding of GAAP and ability to apply to the Corporation's accounting needs
• Ability to research, solve problems, and take initiative to recommend process improvements
• Ability to communicate clearly in both verbal and written form and to collaborate with all levels of staff
• Organized, responsive, and detail-oriented with demonstrated ability to manage multiple projects with various stakeholders
• Fluent in English, both oral and written

Responsibilities

• Prepare quarterly financial statements under U.S. GAAP, including cash flows.
• Analyze monthly, quarterly, and annual results including capex and EBITDA.
• Lead renewable inventory accounting, including FIFO roll forwards.
• Review accounting of purchases, sales, settlements, and title transfers.
• Coordinate eliminations for consolidation with other teams.
• Post month-end journal entries and prepare reports for renewable assets.
• Respond to inquiries from management, auditors, and regulators.
• Support process improvements and system enhancements.

Skills

Excel advanced

GAAP knowledge

Office suite

Communication

Problem solving

Organized & detail-oriented

Team collaboration

Fluent English

Education

Bachelor’s degree in Accounting, Finance, Business or similar

CPA preferred

Tools

SAP MM/FI/CO

Job description

Sr. Accountant – Renewables

The Opportunity

• Sr. Accountant at a growth-oriented downstream energy company
• You will play a key role in the renewable joint venture’s accounting, profitability analysis, and financial reporting, and management reporting processes, giving you exposure to several different regions and their associated teams and members of Management.
• Join a growing renewable energy team within an established energy organization, gaining exposure to evolving markets and emerging accounting challenges.
• You will enjoy exposure to the Commercial, Treasury, Financial Reporting, and Accounting teams, as well as to our multi-state operations that stretch from Texas, Wyoming, Montana, Washington, and Hawaii.
• Learn and grow in SAP (our financial ERP system) and financial analysis processes.

Key Activities

Responsibilities

Reporting to the Accounting Manager, the Sr. Accountant is responsible for the accounting, financial reporting, and margin and cost analysis of the Company's renewable energy joint venture. This role partners closely with accounting, commercial, and operations teams to ensure accurate financial reporting and compliance with U.S. GAAP. As part of your specific responsibilities around the renewables assets, you will:

• Prepare quarterly statutory reporting financial statements under U.S. GAAP, including generating a statement of cash flows, and other required entity reporting
• Prepare and analyze monthly, quarterly, and annual financial results, including capital expenditures, operating expenses, gross margin, and EBITDA. This includes preparing and/or supporting other teams by recording journal entries, invoices, and reconciliations and financial analysis.
• Lead renewable inventory accounting activities, including inventory costing, yield calculations, FIFO roll forwards, and inventory reconciliations
• Work closely with other teams to understand and review the accounting of current period purchases, sales, and other settlements as it relates to title transfer, overall balance sheet presentation, income statement recognition, etc.
• Coordinate with other reporting teams and prepare eliminations required for consolidation
• Prepare and post journal entries during each month-end close and create summaries and reports for renewable inventory costing, intermediation obligation, renewable credits, leases, operating expenses, fixed assets, intercompany, joint venture/consolidating eliminations, etc.
• Participate in the response to inquiries from management, auditors, and regulatory agencies
• Demonstrate professional behaviors that mirror our Company values of Respect for Others, Integrity, Collaborative Innovation, and Heart
• Engage in furthering organizational goals, maintaining high standards of personal performance and professional growth, and recommending and implementing improvements to systems, processes, policies, and procedures

Note: This description is intended to give you a general overview of the position. Additional responsibilities and opportunities may be identified based on current business needs.

Qualifications

To meet the basic qualification for this role, you will have legal authorization to work permanently in the United States for any employer without requiring a visa transfer or visa sponsorship. To be a good fit for the Sr. Accountant opportunity, you will have:

• Bachelor’s degree in Accounting, Finance, Business or similar required.
• CPA preferred
• Minimum six (6) years of accounting experience in private industry and/or public accounting required. Experience should include preparing journal entries, account reconciliations, financial reporting, etc. Downstream industry experience preferred.
• SAP experience preferred (MM/FI/CO modules)
• Proficiency using Microsoft Office Suite applications, including Word, PowerPoint and intermediate to advanced proficiency in Excel (e.g. XLOOKUPs, SUMIFs, pivot tables, data analysis tools, complex financial models, etc.) required
• Understanding of generally accepted accounting principles (GAAP), theories, and ability to apply them to the Corporation's accounting needs required
• Ability to research, solve problems, and take initiative to recommend process improvements
• Ability to communicate clearly in both verbal and written form and to collaborate and build a positive rapport with all levels of staff and management across functional areas
• Organized, responsive, and detail-oriented with demonstrated ability to manage multiple projects with various stakeholders
• Fluent in English, both oral and written required

Note: This description is intended to give you a general overview of the position and is not an exhaustive listing of duties and responsibilities.

About Us

At Par Pacific, we own and operate market-leading energy and infrastructure businesses in logistically-complex markets. We have built a team of downstream industry veterans and subject matter experts to lead our organization with an entrepreneurial spirit and a collaborative, problem solving approach. We bring our diverse strengths and motivation to complex markets where we seek out diamonds in the rough. As a nimble, growing organization, we actively pursue new opportunities with corporate financing know-how, respond to local market demands, and adapt to changing external environments.

More Good Reasons To Work For Par

Unique culture

There is nothing ordinary about Par Pacific -- a niche player in the energy space that operates in logistically complex markets. And there is certainly nothing ordinary about Par Pacific people. We are driven, hardworking, entrepreneur-minded professionals that love to win. If that describes you, you'll fit right in.

Location, location, location

Because Par Pacific is in some of the most beautiful places throughout the country, our employees get to make these places their home and enrich their lives. The office where you will work is in CityCentre, located on the West side of Houston near I-10 and the Sam Houston Tollway. It's a vibrant area of the city with plenty of places for lunch or to wind down after work.

Opportunistic growth strategy

At Par Pacific, we look for operations with strong fundamentals and great employees who can move a business forward. Our management team has deep experience in the energy industry, as well as in leading mergers, acquisitions, and integrations of newly acquired companies.

Excellent Compensation

In addition to a competitive salary, we offer a strong comprehensive benefits package that includes medical, dental and vision insurance; a robust allotment of paid time off; a 401(k) with company match; retirement savings plans; educational reimbursement; and more.

• medical, dental and vision insurance
• a robust allotment of paid time off
• a 401(k) with company match
• retirement savings plans
• educational reimbursement
• and more

Our Headquarters

Par Pacific Holdings, Inc., based in Houston, Texas, owns,managesand maintains interests in energy and infrastructure businesses. We are a growing energy company focused on renewable and conventional fuels in the Western United States. Par Pacific also owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado. Our common stock is publicly traded on the NYSE under the trading symbol "PARR".

Our Refineries and Logistics Operations

We own and operate refineries in Hawaii, Montana, Washington, and Wyoming, with total operating throughput capacity of over 218 Mbpd. Par Pacific owns and operates one of the largest energy networks in Hawaii with 94,000 bpd of operating refining capacity, a logistics system supplying the major islands of the state and 90 retail locations. In the Pacific Northwest and the Rockies, Par Pacific owns and operates 125,000 bpd of combined refining capacity, related multimodal logistics systems.

Our Retail Operations

We own and operate 90 retail locations in Hawaii under the Hele and 76 brands and 33 retail locations in Washington and Idaho under the nomnom brand.

Par Pacific is an equal opportunity employer

Par Pacific prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, genetic information or any other status protected by applicable law.

Note: Par Pacific will not accept calls from third-party recruiters. All candidates are required to apply through this web posting.