CITGO Petroleum Corporation

Sr. Financial Analyst, Benefits Accounting, Payroll and Corporate Card

Requisition #
2023-6935
City
Houston
State
Texas
# of Openings
1

Our Favorite CITGO Perks are:

• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Parental Leave
• Excellent 401(k) Match
• Pension Plan
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)
PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

Relocation

Relocation Benefits are not available for this position.

Note

Employer will not sponsor visas for position

Job Summary

This position is responsible for completing moderately complex to complex financial analysis.  This includes identifying the need for accounting transactions required due to changes in GAAP (generally accepted accounting principles) and IFRS (International Financial Reporting Standards) requirements as well as due to changes in CITGO operations which result in issues with GAAP/IFRS compliance not previously encountered by CITGO.  This position identifies the impact of changes in pension liabilities, benefit plans on current and future reported cash flow and existing or contemplated debt covenants.  This position reviews general ledger account balance reconciliations and assists less experienced analysts in preparing and anticipating correcting entries identified during that reconciliation.  In addition the job develops financial processes within the Finance organization and where those processes do not already exist confirms the staffing needs to perform those processes.  This position will evaluate and propose improvements to or pension & benefit plans. This position will analyze financial results and report on those results for the department manager to which the analyst is assigned as well as the overall Finance Department.  Use knowledge of GAAP, IFRS, CITGO operations and CITGO financial processes as they relate to both corporate and business unit earnings to act as an analytical resource within the Finance Department and within all business units.  Creative thinking skills are required for identifying issues before a potential problem is recognized.  In addition, use of more sophisticated financial analysis and statistical tools will be required. This position will also help evaluate the tools to be used.  Perform analytical tasks independent of direct supervision.  Identify future risk to CITGO assets resulting from analysis processes by responding to management directions but without day to day supervision. 

Minimum Qualifications

Degree:

  • College Degree (Bachelors Level) in Accounting or Finance.

The minimun number of years of job related experience required by this job is:

  • 8 years. 

List any specialized training or unique skills required:

  • Pension or Benefit or Payroll or related IT experience required.
  • Experience in multiple areas preferred.
  • Strong reconciliation skills required.
  • Perform broad financial analysis of results of operations. 
  • Prioritize work when given multiple projects. 
  • Effective oral and written communication skills. 
  • Ability to work in a team/ co-worker environment. 
  • Skills in change management both in accepting change and leading change processes. 
  • Extensive PC & IT system skills:  Excel, PowerPoint, Word, IT architecture and the ability to maintain those skills as technology changes. 
  • Work with limited supervision. 
  • Influence the work of others. 
  • Bilingual – English /Spanish preferred but not required.
  • At least 2 years experience with SAP or a similar ERP application. 

Job Duties

  1. Pension & Benefits Accounting – Perform moderate to complex analysis for management reporting. Provide support to 3rd party administrator as needed. Provide backup for Benefits Financial Manager and staff.  
  2. Corporate Card - Perform audits of expense reports and procard statements as needed. Provide assistance for GR/IR reconciliation for credit card charges & expense report postings. Provide backup for Corporate Card Manager and staff as needed. Perform ad hoc analysis to support corporate card administration and travel policy.
  3. Corporate Payroll – Provide backup & perform ad hoc analysis for Corporate Payroll Manager & staff as needed.
  4. Prepare management presentations, coordinate activities of outside vendors and work with internal & external auditors, and ensure essential information receipt / publication timelines are met.
  5. Work with CITGO Treasury to coordinate forecasts of cash payments and receipts.
  6. Analyze pension and benefits data to develop the burden and other rate projections for the annual budget & MTP processes.
  7. Perform manual JV analysis and resolve issues.
  8. Special Projects – Perform analysis and evaluation of Financial IT systems and tools as requested by the Manager Benefits Accounting & Payroll, Controller or VP of Finance. Also performs ad hoc financial and operational analysis as required.

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