CITGO Petroleum Corporation

Associate Financial Analyst - Payroll Accounting

Requisition #
2023-7139
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 a core member of the Payroll department responsible for providing basic to complex analysis of large volumes of data. The position actively supports all areas of the payroll process, resolving payroll-related issues to ensure payrolls are processed accurately and timely. The position reports activity related to garnishment operations and sick leave/Family Medical Leave for all salaried and hourly employees. The position ensures compliance with federal and state guidelines and departmental, corporate, and governmental policies and procedures. The position will be responsible for payroll processing and system testing and will be directly involved in closing monthly and quarterly accounting periods, posting journal entries, and completing general ledger account reconciliations. Analytical thinking skills are required for identifying issues before a potential problem is recognized. This position performs daily tasks independent of direct supervision and identifies future risks to CITGO assets by responding to management directions without day-to-day supervision.

Minimum Qualifications

Degree:

  • Bachelor’s Degree (Accounting, Business Management or Finance).

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

  • 0 years.

List any specialized training or unique skills required:

  • Demonstrated knowledge of full-cycle payroll processing.
  • Solid understanding and ability to research payroll tax laws and regulations to resolve payroll issues.
  • Ability to read and interpret legal documents accurately.
  • General accounting experience is required, with the ability to complete account reconciliations.
  • Proficient in Microsoft Excel and PowerPoint with the ability to use pivot tables, graphs, macros, and complex formulas.
  • Professional communication skills.
  • Excellent time management and organizational skills.
  • Detail-oriented.
  • Ability to work under tight deadlines.
  • Ability to work both independently and as a member of a cross-functional team.
  • Self-starter who can interact with various levels of management throughout the organization.
  • Capacity of innovation, the ability to maintain skills as technology changes.

Job Duties

  1. Analyze payroll data to ensure compliance with control and disclosure requirements of the Sarbanes Oxley Act (SOX), company policies, and other regulatory mandates. Analyze, interpret, and respond to legal garnishment orders, consulting with Legal when needed. Analyze each payroll run to confirm all payroll garnishment deposits have been captured and remitted for payment, minimizing risks associated with non-compliance. Prepare a detailed reconciliation of third-party payments and other general ledger and vendor accounts to confirm that all third-party payments and other deposits have been remitted.
  2. Maintain compliance with laws and company policies to comply with federal, state, creditor, garnishments, sick leave/Family leave procedures.
  3. Support Corporate Payroll Manager with maintenance, review, and payroll processing. Compile and analyze payroll data, prepare necessary journal entries, and reconcile payroll balance sheet accounts with analysis of data. 
  4. Participate in cross-functional team training, including and not limited to all third-party payments.

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