Specialist TSA- STUSCO Crude

Deliver E2E process operations under NA Crude Settlements & Accounting space. This position is predominantly required to perform Settlement’s review process coupled with Gross margin accounting including flux analysis for MOM movements under Gross margin accounts, Inventory valuation, AR/AP Netting and unnatural balance reclass coupled to support with TB2F reconciliation. This includes purchase/sale activity, variable cost, and inventory. Collaboratively work within different stakeholders to finalize Gross margin numbers and extend the support to wider team as and when necessary.

• Drive operational improvements so that the organization reaches top quartile performance as measured against the targets for relevant metrics defined by the Process Owner(s) across the NA TSA landscape.
• Review business inputs, interfaces, hand off points and ways of working aimed at effective business partnering to provide strong and continuous support to the T&S businesses.
• Maintain a robust controls culture aimed at 100% design and operating effectiveness. In line with the changing dynamics of T&S business, it is key to perform a periodic review of controls framework and create a mechanism which provides early warning of any impending challenges.
• Identify erroneous purchase and sale volumes, price settlement differences between the Trade book and SAP and request corrective action from Trading/Accounting teams.
• Perform ad-hoc analysis with comprehensive and meaningful assessments on Gross margin accounts.
• Drive Continuous Improvement (CI) initiatives across various work streams by aligning with overall Organization and Finance operations vision on “Simplification and Automation” and make effective use of Visual Management (VM) and Leaders’ Standard Work (LSW).
• Ensure any changes to existing process is properly accommodated with appropriate approvals in line with Change Management methodology. Lead change by ensuring clear optimum engagement with regular communications to all the relevant stakeholders.

Stakeholders

Effectively communicate with a wide range of stakeholders (internal and external to the trading business) on a regular basis.

Develop and foster connections with relevant business partners to ensure performance and control issues in the end-to-end process are identified and resolved quickly, and that high-level issues are appropriately escalated, discussed and resolved.

Values

Demonstrate leadership attributes and maintain sustainable working beside healthy D&I environment.

Skills and Requirements:

• Commerce graduate or Professional Qualification (ACCA/CIMA/Chartered Accountants) with 3+ years of experience or can demonstrate qualification through experience.
• Hands on experience in accounting and reporting roles along with strong written and communication skills. Other suitable candidates with relevant experience may also be considered. 
• Strong command in computer applications specifically MS Excel and Access, and the ability to quickly acquire working knowledge of other systems.
• Understanding of trading systems, its interfaces to SAP associated with its log, interface and tracking of accounting entries and hands on experience with Blackline application.
• Knowledge on all aspects of accounting processes which generate Gross Margin, including Purchase and Sale price calculations, inventory movements, inventory valuation, Netting as per IAS32 and general cost accounting.
• Networking and collaborative business relationship skills is strongly desired.
• Work with stakeholders and influence them without formal authority by manual judgments & accounting analytics complying to KPIs, service standards & reporting requirements.
• Ability to work effectively and efficiently and demonstrate resilience under pressure with competing priorities.
• Knowledge of the North America Crude or Products trading business will be an added advantage.
• Challenge the status quo to ensure maximum benefit from the Continuous Improvement initiatives.
• Help team leads maintaining effective and appropriate systems and procedures in line with the Controls framework governing the trading business.

Key Competences required

• Accounting and Reporting                                      
• Process and Data management                             
• Intercompany Reconciliation                                
• Business partnering                                                
• Business performance management                    
• Value management                                                 
• Governance and Assurance                                   
• Risk management                                                     
• Financial controls                 

Work schedule: 6pm-3am

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