Our client is a large, well established U.S. refining and energy supply organization with multiple refineries, terminals, pipelines, and related infrastructure assets across the United States
The company operates a significant crude refining footprint and employs several thousand professionals across refining, supply and trading, commercial, and corporate functions
The organization is known for its strong operational discipline, long term stability, and commitment to values such as safety, integrity, accountability, and collaboration
The company continues to invest in modern technology platforms, including enterprise ETRM systems, to enhance data driven decision making, risk management, and financial analytics across the business
Location: Houston, TX (On-site at Corporate Headquarters)
Team Scope: Join a highly collaborative accounting and operations-focused team responsible for maintaining inventory integrity and financial accuracy across the client’s Supply & Distribution network
Primary Focus: Lead complex inventory accounting and reconciliation activities, ensure accurate financial reporting, support month-end close processes, analyze inventory discrepancies, and partner with operations to maintain the integrity of refined products inventory across terminals, pipelines, and in-transit locations
Key Responsibilities:
Oversee inventory volume reconciliations prepared by terminal inventory analysts, ensuring compliance with required reconciliation deadlines and inventory accuracy standards
Review and analyze complex book-to-physical inventory reconciliations, investigate discrepancies, and drive timely resolution of outstanding inventory differences
Ensure all material inventory variances are properly documented, researched, and resolved within established timelines
Provide mentorship, training, and secondary review support to terminal inventory analysts while promoting best practices across the accounting team
Assist in the implementation, testing, and optimization of new inventory systems, reconciliation tools, and accounting processes
Support month-end close activities by reviewing accounting transactions, journal entries, accruals, and inventory-related financial activity
Utilize GAAP principles and business knowledge to analyze general ledger reconciliations and identify required corrections or accounting adjustments
Monitor and validate inventory data within SAP and RightAngle, ensuring the completeness and accuracy of inventory records before financial close
Research negative inventory balances, rack summary differences, miscellaneous adjustments, and inventory over/short positions to ensure proper accounting treatment
Prepare inventory and financial reports for Supply, Financial Reporting, Internal Controls, Compliance, Business Development, and other key stakeholders
Collaborate with Operations teams to investigate inventory discrepancies across company-owned and third-party terminals, pipelines, and in-transit locations
Assess the financial statement impact of inventory variances and recommend corrective actions to minimize financial exposure and operational risk
Maintain oversight of open reconciliation items and support analysts in resolving complex inventory issues in a timely manner
Serve as a key accounting resource within the Controller’s organization while supporting audit requests and cross-functional initiatives
Provide backup support for the Terminal & Pipeline Accounting Supervisor and Pipeline Financial Analyst as needed
Ideal Candidate Profile:
Bachelor’s degree required in Accounting, Finance, Business Administration, Economics, or a related discipline
Strong understanding of accounting principles and financial reporting requirements, including US GAAP
Demonstrated ability to analyze financial data, investigate discrepancies, and independently resolve complex reconciliation issues
Strong analytical and problem-solving skills with the ability to identify root causes and implement corrective actions
Intermediate to advanced Microsoft Excel skills, including formulas, pivot tables, filtering, and data analysis functionality
Experience supporting month-end close, general ledger reconciliations, accruals, and financial reporting activities preferred
Experience working with inventory accounting, supply chain accounting, or operational accounting environments is highly desirable
At least 2+ years of experience utilizing SAP, RightAngle, or similar ERP/ETRM systems preferred
Ability to communicate effectively with both accounting and operational stakeholders across multiple business functions
Strong organizational skills with the ability to manage multiple priorities and deadlines in a fast-paced environment
Self-starter capable of working independently while contributing effectively within a collaborative team environment
High attention to detail and commitment to maintaining financial accuracy and data integrity
Compensation & Benefits:
Competitive base salary ranging from $85,000-$100,000 + 10% Bonus
Opportunity to work within a highly visible accounting function supporting critical supply chain and inventory operations
Direct exposure to senior accounting leadership and cross-functional business partners
Valuable experience working within one of the largest refined fuels organizations in North America
Long-term career growth opportunities within Accounting, Finance, Supply Chain Finance, Operations Finance, and Leadership pathways
Stable and established organization with significant operational scale and industry presence
Selling Points
Unique opportunity to gain direct exposure to the refined fuels supply chain and understand how products move from production through distribution and sale
Highly visible role that combines accounting, financial analysis, operations, and supply chain exposure
Opportunity to partner closely with Operations, Supply, Financial Reporting, Compliance, and Business Development teams
Develop deep expertise in inventory accounting, logistics, distribution networks, and commercial fuel transactions
Gain hands-on experience with industry-leading systems including SAP and RightAngle within a complex operational environment
Strong foundation for long-term career growth in accounting, finance, supply chain, trading support, or operations leadership roles
Ideal opportunity for a detail-oriented accounting professional seeking greater business exposure, ownership, and industry specialization within the energy sector
Opportunity to become a recognized subject matter expert in refined fuels inventory accounting and operational finance processes
*******
Korn Ferry shall provide equal employment opportunity to all qualified candidates, and will refer candidates without regard to race, color, religion, national origin, sex, age, disability, veteran status or any other legally protected basis. Artificial Intelligence tools may be used in connection with the recruitment process for this position.*