Accounting Associate at PBF Energy

Parsippany-Troy Hills, New Jersey, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Energy, Oil & GasIndustries

Requirements

Bachelor's Degree in Accounting or Business preferred
1+ years experience working in public or manufacturing environment
Possess effective communication skills both verbal and written
Working knowledge of accounting theory and principles (GAAP)
Proficient with MS Excel, SAP
Strong analytical and accounting and math skills and organizational skills
Ability to learn, comprehend and apply new concepts quickly, meet deadlines and adjust to multiple work demands

Responsibilities

Review outstanding truck freight invoices and document for RightAngle price updates
Analyze secondary cost contractual amendments and document for RightAngle price updates
Calculate and update RightAngle contractual fuel surcharges based on published indices
Process secondary cost invoices through RightAngle
Model SRA for secondary cost accounts payable transactions
Develop secondary cost metrics
Prepare and analyze basic financial reports, assist in monthly close and perform basic account reconciliations
Assist in other accounting projects and research as directed
Accurately analyze and report financial information

Skills

RightAngle

MS Excel

SAP

GAAP

Journal Entries

Account Reconciliations

Financial Reporting

Analytical Skills

PBF Energy

Operates oil refineries and processes crude oil

About PBF Energy

PBF Energy operates six oil refineries across the United States, processing over 1,000,000 barrels of crude oil daily. The company specializes in refining various types of crude oil into products like gasoline, diesel, and jet fuel, utilizing sophisticated facilities with a high Nelson Complexity Index. PBF Energy distinguishes itself from competitors by maximizing the yield of high-value products and maintaining a strong logistics network for crude oil shipments. The company's goal is to optimize its refining operations and manage its financial health while serving a diverse client base.

None, New JerseyHeadquarters

2008Year Founded

IPOCompany Stage

Energy, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Health Insurance

Risks

Increasing competition from renewable energy sources may impact PBF Energy's market share.

Volatility in crude oil prices can significantly affect PBF Energy's profit margins.

Stringent environmental regulations could lead to increased compliance costs for PBF Energy.

Differentiation

PBF Energy operates six strategically located refineries across the United States.

The company's refineries have a high Nelson Complexity Index of 12.8.

PBF Energy specializes in processing various types of crude oil, including sour and sweet.

Upsides

PBF Energy's joint venture in sustainable fuels aligns with growing renewable diesel demand.

Increased crude oil prices could improve PBF Energy's profit margins.

Digital transformation trends could enhance PBF Energy's operational efficiency.

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