Corporate Accounting Manager at PBF Energy

Parsippany-Troy Hills, New Jersey, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Oil & Gas, Energy, Refining, ManufacturingIndustries

Requirements

Bachelor's Degree in accounting, CPA Preferred
7+ years accounting experience working in a manufacturing environment, oil or energy preferred
Strong verbal and written communication skills as well as the ability to work well with internal and external personnel of all levels
Working knowledge of accounting theory and principles (GAAP)
Proficient with Microsoft Windows-based software
Advanced Excel and SAP skills a must
Detail oriented
Strong ability to meet deadlines and adapt to changing priorities
Ability to work independently, prioritize and solve problems
Strong analytical, accounting and organizational skills
Highly motivated self-starter with managerial experience

Responsibilities

Manages and reviews the work of the accounting team (including, but not limited to, bank reconciliations, journal entries, accruals, fixed asset activity, expense analysis, etc.)
Coordinates and manages monthly, quarterly and annual closing activities
Makes and implements recommendations to improve accounting processes and procedures
Ensures compliance with internal control policies in a SOX environment
Point person for internal and external audit requests
Leads the coordination and preparation of the annual budget for Headquarters
Accurately analyzes and reports financial information
Works closely with refinery personnel and responds to queries as required
Manages the company-wide Purchasing Card Program to ensure compliance with the Purchasing Card policy
Reviews and analyzes lease contracts to determine the appropriate accounting under ASC 842
Manages the month end close process, reviews account reconciliations and performs financial statement analysis
Ad hoc projects and reporting requests as required

Skills

GAAP

SOX

ASC 842

Month End Close

Account Reconciliations

Financial Statement Analysis

Journal Entries

Accruals

Fixed Assets

Expense Analysis

Budget Preparation

Microsoft Excel

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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