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Job Information

Phillips 66 Financial Accountant (6 Month Contract) in London, United Kingdom

Phillips 66 & YOU - Together we can fuel the future

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.

Basic Function

Financial accounting activities in support of the Europe Commercial and UK Marketing businesses. Shared responsibility for specific accounting areas and providing cover for these. Providing financial accounting expertise as part of a multidisciplined team, advising less experienced staff on accounting processes and internal control requirements. Investigating issues arising and developing creative solutions.

Primary Accountabilities/Responsibilities

  • Financial Accounting tasks in support of ensuring timely and accurate monthly financial closing and reporting.

  • Providing cover and support to the Derivative Accountant in derivative accounting and preparation of required analyses and disclosures for external reporting of derivative activity.

  • Providing cover and support to the Commercial Accounting Lead in areas such as inventory accounting and external financial disclosures.

  • Developing reports to address business needs arising, and ad hoc queries to resolve one-time issues.

  • Performing activities required to maintain a strong internal control environment in accordance with SOX controls.

  • Working with external and internal auditors on audit fieldwork and data requests.

  • Ad hoc projects and tasks related to system implementations, new business, process changes and new reporting requirements.

  • Identification of opportunities to drive process efficiencies and implement these.

Critical Skills/Leadership Criteria

  • Hold the legal right to live and work in the UK on a permanent basis without restrictions, or meet the relevant criteria for employer sponsorship under the UK points-based immigration system

  • Strong financial and analytical background, with financial accounting experience, preferably having a recognised professional accountancy qualification.

  • Sound understanding of internal controls and how these should operate.

  • Strong Excel skills

  • Good attention to detail and ability to manage tasks in order to meet deadlines.

  • SAP knowledge and experience beneficial

Phillips 66 has significant marketing operations in Europe. In the UK the business is primarily wholesale, selling fuels to distributors (some of whom are branded JET) and resellers. The fuels are either collected by customers or delivered through a contracted road tanker fleet operating out of a number of UK distribution points. In addition, Phillips 66 Limited supplies a network of approximately 330 independently owned petrol forecourts, all of which are branded JET.

Other markets served are aviation, marine and LPG. JET supplies some of the UK's growing secondary airports using owned and shared refuelling tankers and storage, and delivers to airlines through contracted refuelling operations. Marine markets are served using contracted vehicles, as is the LPG business.

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 Thursday 1st December 2022.

Phillips 66 is an Equal Opportunity Employer

Requisition ID: 56764

Location: GBR - London

Job Field: Accounting/Finance

Division : Finance - International

Technical Req : No