Supervisor, Power Accounting

Phillips 66 & YOU - Together we can fuel the future

The  Supervisor, Power Accounting  will oversee two contract analysts and provide guidance on various accounting topics. Key responsibilities include overseeing monthly settlements for power purchases and sales, managing 24/7 ISO and Non-ISO operations, cogen supply, and future commercial retail power.

Responsibilities:

• Supervise two contract analysts
• Provide guidance to workgroup related to the following accounting topics: 
  • Monthly settlements for power purchases and sales
    • 24/7 ISO and Non-ISO
    • 24/7 Cogen supply
    • Future commercial retail power
  • Work process for ISO physical margining
  • System consolidation for Allegro and future ETRM
• Review and approve the following for workgroup:
  • Non-standard journal entries
  • General ledger account reconciliations
  • 10Q and 10K disclosure submissions once deemed material
  • Controlled vendor postings for manual payments
  • SOX Controls/Documentation and Significant Spreadsheet changes
• Communicate with auditors, Accounting Policy, External Reporting, FP&A, other Accounting Groups and Power Trading and Scheduling as needed

Required Qualfications 

• Legally authorized to work in the United States on a regular, full-time basis without restrictions
• 5-7 years of accounting experience
• Bachelors Degree in Accounting or Finance

Preferred

• Proficient with SAP S/4, AFO, Allegro, BlackLine, Excel
• Prior supervisory or team lead experience 
• 5-7 years of operation oil & gas accounting experience
• Prior power accounting experience
• Able to work independently
• Take initiative quickly and accurately resolving reconciliations issues
• Attention to detail and deadlines
• Strong analytical and accounting skills
• Excellent interpersonal skills / team player
• Organizational skills — able to prioritize responsibilities

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 03/19/2025.

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.