Phillips 66 F&PA Financial Analyst (Contract Assignment) in Alberta, Canada
Phillips 66 & YOU- Together we can fuel the future
Phillips 66 has more than 140 years of experience in providing the energy that allows people to dream bigger and go farther, faster. We are committed to improving lives. That is our promise to our employees and our communities. And we are sustained by the backgrounds and experiences of our diverse teams. We call our cultural mindset Our Energy in Action, and it is defined through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66, ranked No. 23 on the Fortune 500 in 2019, has returned more than $26 billion to our shareholders since 2012.
Phillips 66 Canada currently has a six (6) month contract assignment for a F&PA Financial Analyst . Reporting to the Director of Financial Performance and Analysis, the position is primarily responsible for analyzing and reporting monthly and quarterly Trading results, variance analysis and business process improvements. Results will be reported to local management in addition to various stakeholders in our Houston headquarters.
Responsibilities May Include
Reconciling Mark to Market to GAAP results and report findings.
Analyzing earnings due to LIFO inventory valuations and volumetric movements.
Forecasting GAAP earnings based on inventory, price and MtM forecasts.
Performing monthly and quarterly Balance Sheet variance analysis.
Analyzing and explaining earnings related to FX impacts.
Calculating margin impacts to refineries and communicate to the closing group.
Completing monthly Keystone Pipeline transportation accrual.
Performing monthly loads into global reporting systems.
Establishing and maintaining relationships with Supply Directors, Traders, Schedulers and US counterparts.
Understanding the intent of transactions to ensure accurate reporting and earnings results.
Tracking, calculating and reporting counterparty credit exposures.
Working closely with Houston counterparts to ensure Canadian reporting is consistent with other business units.
Cross training on other activities to provide vacation coverage and develop a big picture understanding of our business.
Participating in business improvement projects as a needed.
Participating in the development of F&PA group goals and work plans.
Providing insightful and timely responses to adhoc queries.
Creating Trading monthly management reports.
Legally authorized to work in the job posting country
3-5 years of Oil and Gas experience (preferably in crude oil marketing and trading)
CPA/CFA designation an asset
Accounting and finance knowledge (preferable in crude oil marketing/trading finance)
Knowledge of crude oil markets and crude pricing
Experience with derivative accounting
Experience with SAP and OMS (asset)
Preference will be given to individuals with Crude Oil Marketing Accounting experience
Strong MS Excel skills
Exceptional problem solving and proven analytical skills as well as attention to detail
Critical thinker with an ability to provide creative solutions to complex issues
Self-motivated, able to multi-task in a fast-paced environment and prioritize work
Excellent written and oral communication skills
Demonstrated ability to be an effective team player
Possess an orientation to service and meeting customer’s needs
To be considered
In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of August 25, 2020 .
Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Phillips 66 is an EEO and Affirmative Action Employer of Females/Minorities/Veterans/Individuals with Disabilities
Requisition ID: 52653
Location: Canada - Alberta - Calgary
Job Field: Accounting/Finance
Division : Finance - International
Technical Req : No