Brief Description Primary Purpose: contribute to the delivery of the Buckeye Finance Organizations expertise to management by using financial and analytical skills in the following areas: Perform monthly reporting and accounting close functions; supporting new initiatives to imporve analytics; provide support to field organization, participate in special projects
Description Key Accountabilities: Include the following and other duties may be assigned.
Acting as a key resource for the Pipeline and Terminal Accounting department for financial reporting and analysis, the monthly close process, support of the field organization, administration of complex contracts and transactions, and internal controls pursuant to Sarbanes-Oxley, the Pipelines & Terminals Accountant will perform the following functions:
- Assist in the performance of monthly analyses of budget-to-actual and prior-year variances with respect to revenues, expenses, capital spending, and other key performance indicators, for the monthly senior managament and Board financial-review packages.
- Support preparation of monthly and quarterly financial reporting packages for district, financial, and corporate senior management.
- Perform the invoicing process for Buckeye pipeline systems and/ or Buckeye terminals in the BLIS application (Buckeye Logistics Information System), including management of pipeline system tariffs, surcharges, settlement charges, and contract charges; reconciliation of volumetric activity to ensure proper invoicing; and valuation of Buckeye inventory.
- Partner with the Buckeye Transportation Department to ensure proper ticketing and inventory reporting to shippers; collaborate with Terminals Marketing to ensure proper contract interpretation and charge set-up of financially-relevant contractual terms and conditions.
- Assist the Senior Business Analyst in the development of weekly/ monthly/ quarterly pipeline-inventory Government compliance reports.
- Prepare manual invoices to accommodate unique contractual provisions.
- Manage customer relationships to ensure prompt resolution of inquires and requests.
- Organize tasks to ensure compliance with established timelines within the monthly close process.
- Perform monthly account reconciliations and Journal Entries (JEs), and as necessary, develop an approach to resolve outstanding reconciling items and develop documentation that meets the standards of sound internal controls.
- Execute business processes and controls to ensure consistent compliance with internal control requirements under SOX, proactively identifying potential issues and developing remedial action to prevent the occurrence of deficiencies.
- Support the integration of acquired businesses into all aspects of Buckeye’s revenue and accounts receivable management, financial reporting, and management analysis processes.
- Identify opportunities to leverage technology to automate processes and procedures surrounding financial reporting and analysis, as well as manual invoices; assume ownership of special projects to develop and implement improvements in current processes and systems.
Education:
- Bachelor's Degree in Finance/Accounting, with a minimum 2-3 years of experience in corporate accounting; budgeting, planning, forecasting, and financial analysis; management reporting; public accounting/ external auditing, preferably with a Big 4 firm, or other relevant experience.
- CPA or other advanced credentials (e.g., MBA Degree) are preferred.
Experience:
- Solid knowledge and experience in verifying the accuracy of accounting/ financial records and reports; calculating, comparing, and interpreting findings in order to draw solid conclusions.
- Experience in contract review to ensure proper interpretation and execution of the financially-relevant aspects of contracts.
- Experience in preparing account reconciliations, journal entries, revenue and expense analyses, and other tasks typically associated with a monthly financial close process.
- Working understanding of, and experience with, public company internal control requirements pursuant to the Sarbanes-Oxley Act of 2002.