Description :
Texas Petrochemicals (TPC) is a premier chemical company, headquartered in Houston with $2 billion in annual sales. TPC is a growing company that provides quality C4 chemical products and services to both local and global industry companies. TPC has manufacturing facilities in the industrial corridor adjacent to the Houston Ship Channel, operations in Baytown and Port Neches, Texas and a product terminal in Lake Charles, Louisiana. TPC has the largest butadiene and butene -1 extraction capacity in North America. In addition, the Company is one of North America's largest producers of isobutylene and derivatives of isobutylene such as polyisobutylene, diisobutylene and isobutylene concentrate. TPC products are widely used as chemical building blocks for synthetic rubber, nylon carpets, adhesives, catalysts and additives used in high-performance polymers. TPC offers excellent benefits, incentive plans, career growth and opportunities for advancement. For more information, please visit us at [link removed] responsibilities include: Direct and deliver monthly detailed operating fixed cost variance analysis to senior management. Such analysis will be completed each month based a disciplined timetable and will be prepared in a consistent and insightful manner that will enable management to readily interpret the business reasons behind the variances. Coordinate regular monthly detailed cost reviews for the Sr. VP of Operations and his direct reports and organize and facilitate the discussion and analysis of operating costs. Coordinate regular quarterly detailed cost presentations to the CEO and CFO on behalf of Operations and Finance and continually improve the content and format of these presentations to make them as insightful as possible. Direct the monthly operating fixed cost forecasting process with emphasis on working closely with operations functional leaders and continuously improving the process regarding timeliness and accuracy of the forecasts. Provide operations functional leaders with necessary reports each month that facilitate review and understanding of their cost center expenses versus their budget and forecast and provide necessary instruction and support to ensure clear understanding of their cost center expenses. Work directly with Sr. VP of operations and his direct reports on the annual budget process and identify and implement improvements to the process regarding timeliness and quality of the information. Work closely with the Commercial Controller on the overall monthly and quarterly forecasting process to ensure that the forecast is well coordinated, completed on a timely basis and reflects accurate operating fixed costs. Direct the monthly financial closing process for the plants in a disciplined and timely manner and coordinate the overall closing process with the General Accounting Manager and Commercial Controller. Participate actively in the plant material balance process and ensure that designed key financial controls are implemented, performed and properly documented each month and keep the Finance organization informed of relevant issues regarding the material balance process and control issues that could impact reported results. Work closely with Operations, Purchasing, Supply Chain, EHS Assist the Commercial Controller, Director of Financial Reporting and Corporate Controller with insightful analysis of the monthly operating fixed cost results. Work directly with operations functional leaders to develop and report on a regular basis key performance indicators (KPI's) that facilitate understanding of the costs incurred and the ability to measure progress versus target process improvements, objectives, etc. Review authorizations for expenditure (AFE's) in the operations functional areas to ensure proper expense vs. capital accounting treatment, adherence to capital budget and forecast, etc. Support the Director of Capital Projects to monitor and control capital project spending. Support the external auditors' annual audit and quarterly review processes by providing requested operating cost and capital expenditure documentation, provide supporting documentation for turnaround project expenditures, organize and manage the annual physical inventory observation process, etc. Ensure consistent accounting treatment for similar transactions across all plants and ensure that operating costs are accounted for in accordance with GAAP. Support Sarbanes Oxley compliance by ensuring that identified key control procedures are implemented, performed and properly documented for testing and conducting periodic testing of such controls. Supervise plant controllers, direct their daily activities and perform evaluations of their performance.
Required Skills:
Strong proven technical accounting skills.
Strong communication skills - both written and oral.
Solid ERP system experience - preferably Oracle.
Strong production and inventory costing background with strong understanding of concepts, etc.
Strong and proven spreadsheet skills.
Strong and proven analytical skills.
Strong and proven leadership and supervisory skills.
Experience Required:
10+ years relevant experience, preferably in the chemical industry.
Strong and proven background regarding technical accounting requirements - i.e. GAAP, production and inventory costing, etc.
Hands-on background with and exposure to a well disciplined financial closing and reporting process and strict compliance to Sarbanes Oxley requirements.
Bachelor's degree in Accounting.
Qualified candidates should apply at:
[link removed] [link removed] ?fuseaction=dspjob&jobid=192671&company_id=15935&jobboardid=613
Texas Petrochemicals is an Equal Opportunity Employer. Principals Only - No Recruiters Please.