Operations Accounting Supervisor

Jimmy Jazz

Pasadena, CA

JOB DETAILS
SKILLS
Accounting, Accounting Close, Analysis Skills, Bill of Materials (BOM), Billing, Budgeting, Business Writing, Capacity Requirements Planning (CRP), Computer Security, Corrective Action, Cost Accounting, Cost Control, Cost Modeling, Cross-Functional, Data Analysis, Data Quality, Energy & Utilities, Ethylene, External Audit, FIFO, Financial Modeling, Financial Planning and Analysis (FP&A), Financial Reporting, Generally Accepted Accounting Principles (GAAP), IR (Infrared), Internal Audit, International Financial Reporting Standards (IFRS), Inventory Costing, Inventory Costs, Inventory Management, Inventory Reports, Journal Entries, Leadership, Manufacturing, Manufacturing Bill of Materials (mBOM), Manufacturing Cost, Manufacturing Management, Manufacturing/Industrial Processes, Mentoring, Model Validation, Operations Management, Outsourcing, Performance Analysis, Performance Metrics, Petrochemicals, Plant Management, Problem Solving Skills, Process Sheet, Product Pricing, Production Costing, Reconciliation, Reporting Skills, Research & Development (R&D), SAP, SAP FICO, Safety Training, Safety/Work Safety, Sales, Set Goals, Standard Costing, Supply Chain, Team Lead/Manager, Technical Support, Time Management, Training Program Development, Variable Costs, Variance Analysis
LOCATION
Pasadena, CA
POSTED
1 day ago

Employee Type Full-TimeBASIC FUNCTIONThe Operations Accounting Supervisor has direct responsibility for the plant accounting closing processes of Baystar's 4 production units, the production cost accounting and inventory valuation functions, standard costing accuracy at the bill of materials level, the upkeep and accuracy of material master data in SAP, the preparation and distribution of related financial reports, and internal controls. The Supervisor must be a mentor and leader to the plant accounting team, assigning tasks and monitoring performance to achieve an effective group. The Operations Accounting Supervisor interacts both in writing and in speaking with many departments and in particular Plant Operations & Engineering, Supply Chain, R&D, FP&A, and IT. The position must possess a minimum level of prior experience in manufacturing accounting and expert level knowledge of all aspects of the company's manufacturing conversion process from ethylene to polyethylene.RESPONSIBILITIESLeadershipTeam mentoring and leadership including establishment of individual goals, mid year and annual performance reviewsStrengthen internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environmentLeverage strengths of the team members, help to clarify roles and responsibilities and develop training programs to maximize and reach optimal individual and organizational goalsPlant and Cost AccountingExecution of month-end, quarter-end, and annual close duties, including accruals and reviewing financial information to ensure the financials are accurately and timely reported. Prepare and post journal entries, and reconcile accountsMaintain and validate cost models for ethylene and polyethylene productsSupport margin analysis by product grade, unit, and process streamBalance sheet account reconciliationsMonthly execution of the standard cost actualization program and reporting requirements.Oversee the creation of Bill of Materials for manufacturing processes along with creation of material master recordsAnnual update of plant fixed/variable cost utility rates for Standard CostsAnnual input of fixed/variable costs budget into SAP, working closely with the team throughout the budget processMonitoring of actual versus standard costing and adjusting as neededMonth-end Mass Balance exercise and production output reporting used by the manufacturing teamsAssist plant management with the cost savings/profit improvement programs. Establish the savings tracking models. Verify financial information on the cost savings/profit improvement plans to ensure accuracyPrepare operational KPI reports, utilities variance analysis, and energy data reports to analyze utilities and energy consumption for the plantValidation of costs to ensure accurate capture of expenditures.Unreleased service entry management and reporting.Monthly HDA Plant billings based on the outsourced operational agreementReconciliation of utilities, maintenance, and payroll benefit accrual accounts of estimate vs. actual and making necessary postings.Monthly Cracker Accruals, Product Unit pricing in SAP, and Production/Consumption CostingMust understand accounting for ethylene transactions, exchanges, buy-sells, and costing fundamentalsMaintain and improve Internal Controls that support the plant accounting functionFacilitate internal and external audit needs as needed.Technical support for the annual financial auditDevelopment of accounting manual(s)Monitoring of Delegation of Authority tables in SAPAssistance with resolving DOA "blocked" transactionsReview GRC and coordinate with IT security and suggest solutions to resolve any SAP user role conflictsMonthly GR/IR reconciliation and ensure goods receipts are properly accrued and matched with vendor invoices, so that outstanding items are cleared timely (GR/IR process).Inventory & Materials ManagementEnsure accuracy of inventories. Perform month-end inventory revaluation procedures, establish slow moving/obsolete reserves, and handle overall costing of inventory. Ensure inventory costs are accurate. Investigate month-end count variances and help with root-cause corrective actions. Support inventory reporting.FIFO inventory valuations and inventory reconciliation of finished goods and raw materialsQuarterly analysis of the LC/NRV inventory valuationCORE VALUESCaring: Dedicated to Safety, Employees, Customers, Community and EnvironmentTrustworthy: Living a Culture of Openness, Honesty and CollaborationDriven for Excellence: Commit to Continuous ImprovementCOMPETENCIESJob Knowledge - Understands facets of job, aware of duties and responsibilities, keep job knowledge currentProductivity - Manages workload, works efficiently, meets goals and objectivesQuality - Strives to eliminate errors, accurate work is a priority, seeks opportunities to improve product/servicesSafety – HSSE - Works in a safe manner, uses PPE, recognizes hazards, makes safety suggestions and observations, current on Training MineQUALIFICATIONS / EXPERIENCE REQUIREDBachelor's degree in AccountingA minimum of 10 years relevant experience in supervising a manufacturing and cost accounting function from an industry or enterprise with an extensive conversion processProven ability to lead and mentor teams for successUnderstanding of and ability to apply IFRS and US GAAP reporting requirementsExtensive experience using automated accounting and reporting systemsExperience with SAP FI-CO and other integrated modulesAbility to work independently and collaboratively with both functional and cross-functional teamsRelationship-building skills; develop and maintain productive relationships with extended Baystar team and Service ProvidersStrong analytical, communication, and problem-solving skillsAbility to write reports, business correspondence, and proceduresCommitment to safetyPersonal qualities of integrity, credibility, commitment and accountabilityAdaptability and flexibilityQUALIFICATIONS / EXPERIENCE PREFERREDExperience in the Petrochemical Manufacturing environmentExperience with Power Apps or Power Query toolsPHYSICAL CAPACITY REQUIREMENTSFollow safety requirements for the roleWear required PPE (eye protection, noise protection, etc.) when inside plant environment, or where directed by signageLift up to 10 poundsWalk safely in and around industrial areasWork under deadline pressure within an environment that demands attention to safety and detailSit or stand for extended periods of time#J-18808-Ljbffr

About the Company

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Jimmy Jazz