Sr Accountant - Terminals Acct
Job Summary: The Terminal Revenue Accountant is responsible for overseeing and managing the financial operations and revenue reporting of Sunoco LP terminal facilities. This role involves ensuring accurate revenue recognition, compliance with accounting standards, and providing detailed financial analysis to support decision-making processes. The ideal candidate will have a strong background in accounting, exceptional analytical skills, and the ability to thrive in a fast-paced environment.
Key Responsibilities:
- Revenue Recognition:
- Ensure timely and accurate recognition of revenue from terminal operations.
- Monitor contracts and agreements to ensure compliance with revenue recognition policies.
- Prepare and review journal entries related to revenue transactions.
- Ensure timely and accurate recognition of revenue from terminal operations.
- Financial Reporting:
- Prepare monthly, quarterly, and annual financial statements related to terminal revenue
- Assist in the preparation of management reports and presentations
- Ensure all financial reports are in compliance with GAAP
- Prepare monthly, quarterly, and annual financial statements related to terminal revenue
- Reconciliation and Analysis:
- Perform regular reconciliation of revenue accounts.
- Analyze revenue trends and variances to provide insights and recommendations.
- Collaborate with operations and finance teams to resolve discrepancies.
- Perform regular reconciliation of revenue accounts.
- Audit and Compliance:
- Support internal and external audits by providing necessary documentation and explanations.
- Ensure compliance with internal controls, policies, and procedures.
- Stay updated on changes in accounting standards and regulations affecting revenue recognition.
- Support internal and external audits by providing necessary documentation and explanations.
- Process Improvement:
- Identify opportunities for process improvements and implement best practices.
- Develop and maintain documentation of revenue accounting processes and procedures
- Identify opportunities for process improvements and implement best practices.
Expectations:
- Self-Starter:
- Take initiative to identify and resolve issues proactively.
- Work independently with minimal supervision and take ownership of tasks and projects.
- Entrepreneurial Mindset:
- Think creatively and strategically to drive improvements and efficiencies.
- Seek out new opportunities for growth and innovation within the revenue accounting function.
- Sense of Curiosity:
- Demonstrate a strong desire to learn and understand the intricacies of terminal operations and revenue processes.
- Continuously seek knowledge and stay informed about industry trends, best practices, and emerging technologies.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 5 years of experience in accounting, with a focus on revenue recognition.
- Strong knowledge of GAAP and revenue recognition principles.
- Proficiency in accounting software (e.g., SAP, Oracle) and Microsoft Office Suite, especially Excel.
- Excellent analytical, problem-solving, and communication skills.
Required experience is commensurate with the selected job level:
- The Accountant/Analyst level requires a Bachelor’s degree or equivalent experience and 2-5 years of relevant job related experience
- The Senior Accountant/Analyst level requires a Bachelor’s degree or equivalent experience and 5-8 years of relevant job related experience
- The Lead Accountant/Analyst level requires a Bachelor’s degree or equivalent experience and 8+ years of relevant job related experience
Working Conditions:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
- Usually, normal office working conditions.
- Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
- Occasional overnight travel may be required.
An equal opportunity employer/disability/vet
Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.
The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.
DISCLAIMER: The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.