Associate Financial Analyst - University New Hire

CITGO PETROLEUM CORPORATION

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand.

CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants.

With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.

At CITGO our people are our most important resource.

Our core values are Safety, Integrity, Respect, Accountability, and Care.

Job Summary

This position is responsible for completing basic financial processes.

This includes identifying the need for accrual entries, preparing amortization schedules for prepaid and deferred items, reconciling general ledger account balances and preparing correcting entries identified during that reconciliation.

In addition, the job identifies and develops financial processes within the Controller's organization.

Identify where existing accounting practice is not in agreement with GAAP (generally accepted accounting principles) and propose changes to those practices to ensure compliance with GAAP.

This position will analyze financial results for the department manager to which the analyst is assigned.

This analysis will include, but is not limited to, hydrocarbon inventories; purchases and sales; balance sheet accounts; required corrections; and errors and exceptions as identified.

Use knowledge of GAAP, CITGO operations and CITGO financial processes as they relate to both corporate and business unit earnings to act as an analytical resource within the Controller's organization (and within the business units when necessary).

Use creative thinking skills for problems solving.

Perform analytical tasks independent of direct daily supervision.

Minimum Qualifications

Bachelors Degree in Accounting, Finance, or Economics.

0 years experience.

Compare business results to GAAP results.

Prioritize work when given multiple projects.

Extensive computer skills: Excel, Access, Word.

Work with limited supervision.

Influence the work of others.

Job Duties

1 Monthly Analysis - Prepare and analyze comparison of current month results to prior month results as well as current estimated results and annual budget.

Identify factors impacting those results.

Prepare price/volume analysis; gross margin analysis; analysis of actual vs.

planned or budgeted expense; other month end or month or month analysis as required.

Compare market price variations to actual variations and validate reasonableness of reported results.

Evaluate cost recovery methods in place for product distribution costs, transportation expenses and standard operating expenses as required.

2.

Transaction and account analysis (activities may involve some or all of the following) - Collaborate with Operat...