Phillips 66 Analyst in Denver, Colorado
Phillips 66 & YOU - Together we can fuel the future
The Analyst maintains accounting policies and fiscal controls, prepares financial reports, and safeguards the organization's assets. Ensures compliance with financial transaction recording standards and maintains accounting and financial reports including general ledger, cash payments/collections, financial statements, regulatory and management reports for assigned assets. This position is a plant accounting role, which focuses on MIdstream operations along with accounting principles
Responsibilities May Include:
Analyzes accounting reports and schedules for internal (management reporting) and/or external audiences (compliance reporting) while being able to explain of all significant variances from estimate
Works proactively with external auditors to drive timely closure of accounting matters and supports the Finance teams to ensure proper accounting and disclosures
Performs basic accounting tasks such as general ledger or the preparation of various accounting statements and reports
Conducts basic monthly, quarterly, and annual financial close functions with all transactions recorded, valued and documented in accordance with US General Accounting Principles (GAAP) and other regulatory guidelines
Completes reconciliations accurately and timely ensuring that balances are valid, supportable and match, that ledgers are compliant with relevant standards, and that any outstanding items are follows up and resolved
Assists in the review and evaluation of financial accounting/ administration and internal control processes and procedures with ongoing testing in accordance to Sarbanes-Oxley
Accrues transactions on an estimate basis, analyzes actual monthly margins, and compares to business estimates to accurately report true-up results discussed in earnings calls and reported to management
Ensures inventory volumes and values are accurately reported in accordance with the accepted accounting practices and reconcile differences
Learns to identify financial accounting risks and contributes towards developing and implementing mitigating strategies
Exercises judgment within defined practices and procedures to determine appropriate solutions to projects of limited scope and complexity ensuring compliance with current federal and/or state accounting related laws and regulations
Performs other related duties to meet the ongoing needs of the organization
Legally authorized to work in the job posting country
Bachelor’s degree in Accounting, Finance, Business or a similar degree field and/or equivalent experience
Knowledge of General Accounting Principles (GAAP), Internal Financial Reporting Standards (IFRS), and relevant legislation
Proficient in Microsoft Office
Strong communication skills, interpersonal skills, and ability to build relationships and influence at a local level and across a broad organization
Able to work independently as well as part of a team
Analytical thinker who can prioritize their time
Self-motivated to learn and grow in a challenging industry
1 or more years of oil and gas industry experience
Experience with Integrated account systems such as SAP, TIPS, Allegro and Aligne
This job primarily operates in a professional office environment and routinely requires the use of standard office equipment such as computers, phones, copy machines, etc. Noise level is typically low. Frequently in a stationary, sitting position for prolonged periods of time. Regularly moves about inside the office to complete tasks, attend meetings or to access the copy machine or file cabinets. Periodically pulls/pushes doors open to move around the office. Occasionally may lift and carry objects up to 20 pounds.
At Phillips 66, we are proud to offer attractive and high-quality benefits which we refer to as Total Rewards. Additional information on Total Rewards (http://hr.phillips66.com) .
The base pay range for this role is $72,200-89,250 depending on a candidate's relevant work experience and education.
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66 was recognized by Forbes as one of “America’s Best Employers” in 2021.
Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow by visiting phillips66.com .
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 November 29, 2023 .
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 Women/Minorities/Veterans/Individuals with Disabilities