Consultant, Closing & Control

Phillips 66 & YOU - Together we can fuel the future

Description 
The Consultant,Closing and Control is mainly responsible for the S4 Material Ledger Close and inventory valuation process. The role also includes the responsibility for ensuring volumetric movements of products are properly recorded in SAP and the Charge & Yields for all US Refineries are accurately completed. 

Primary Responsibilities 
•    Perform Material Ledger Closing and all associated checks in a timely and accurate manner 
•    Review and approve all monthly Replacement Reserve pricing calculations 
•    Review and approve all necessary journal entries and associated processes for monthly inventory valuation 
•    Resolve material field overflow errors for business units in a timely manner 
•    Liaise between accounting/finance and IT for issues associated with volume and value in MM and FI ledgers 
•    General Ledger Account Reconciliations for Inventory Accounts 
•    Review and approve inventory during the monthly close process, which includes ensuring the Automated Charge & Yield is properly updated 
•    Review and approve volumetric reconciliations in Blackline 
•    Communicate unreconciled issues to the appropriate parties to promote resolution 
•    Build relationships and partner with Refining, Commercial, Movement Capture Analysts, Billing, Transportation, FP&A, Managed Service Provider, and various other groups 
•    Maintain Volumetric Applications: PI Asset Framework (PIAF), Fence Line Yield (FLY), Automated Charge & Yield (ACY), PowerBI Volumetric Tie In Report 

Required Qualifications
•    Legally authorized 
•    Proficient/Advanced in Microsoft Excel
•    Bachelor’s degree in Accounting, Finance, or related field with a minimum of 15 Accounting hours 

Preferred Requirements
•    Working knowledge of SAP FI and MM
•    Strong communication, analytical, and reconciliation skills
•    Self-starter who prioritizes, multi-tasks, has attention to detail, and meets deadlines
•    Experience in inventory accounting and/or the oil and gas industry preferable

Total Rewards

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible, full-time employees include:

• Annual Variable Cash Incentive Program (VCIP) bonus
• 8% 401k company match
• Cash Balance Account pension
• Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
• Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services

Learn more about Phillips 66 Total Rewards.

Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence.

Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.

To be considered

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of 10/31/2024.

Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1).  Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.