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Sr. Manager, Accounting Policy

LyondellBasell
United Statesfull_timeVerifiedPosted 11 Jan 2024

About the role

LyondellBasell.

Come Join An Inclusive Team:

Reporting to the Controller, External Reporting and Policy the purpose of the role is to play an integral part in interacting with and advising LyondellBasell's senior management on technical accounting matters related to US GAAP and IFRS, as well as participate in strategic projects and transactions. This highly visible position will develop and maintain close business relationships with various disciplines throughout the organization including Financial Planning and Analysis, Segment Controlling, CAO Controllers, Global Shared Services, Treasury, Tax, Legal and the Merger and Acquisitions team.

 

This person will be a technical accounting subject matter expert and required to have a strong working knowledge in many of the following areas: business combinations; divestitures; inventory; property, plant and equipment; leasing; impairment; segment reporting; debt and equity securities; equity method and segment reporting. This person will be required to be able to explain complex concepts to non-accountants and lead or influence cross functional teams to resolve issues.

A Day In the Life:

  • As a subject matter expert, work with the business and others in the organization to identify, resolve and document complex accounting issues and pending transactions.
  • Prepare and review accounting memoranda providing documentation of the Company’s application of accounting principles to specific transactions or events.
  • Evaluate various complex transaction structures against US GAAP and IFRS, recommends alternative structures to meet business and financial needs while complying with accounting principles and regulations.
  • Support LyondellBasell’s mergers and acquisition transaction team, participating in different strategic projects with internal cross functional teams and external advisors (i.e. financials due diligence, integration activities, divestitures)
  • Coordinate and effectively communicate with various departments throughout the company and all levels of management regarding accounting issues.
  • Monitors standard-setters for latest accounting regulations, analyzes impact of new/emerging regulations on the company and proactively develops policy to address standard adoption and implementation.
  • Lead training sessions for company-wide finance personnel on both US GAAP and IFRS accounting.
  • Maintains strong relationship with external auditors; confers with external auditors on various transactions; documents transactions and decisions.
  • Strong SEC reporting knowledge needed and the ability to review SEC filings and the IFRS annual financial reporting to provide value-added comments in the process.
  • Drives continuous process improvements to mitigate risks throughout the organization.
  • A valuable member of the Finance team who leads by example and contributes to and effectively influences decisions.
  • Serve as a mentor to others and has the ability to coach and develop team members.
  • Work with other accounting departments in implementing new accounting standards.
  • Integral to the finance function talent recruitment and development efforts.

You Bring This Value:

Education:

  • Bachelor's degree in accounting is required. 
  • Professional Accounting Certification (CPA or Chartered Accountant) is required.
  • Public firm transaction related experience is strongly preferred.
  • Public firm National (Technical) Office or international assignment experience is a plus.

Work Experience: 

  • Typically 12+ years accounting experience – solid technical accounting knowledge in many of the following areas: business combinations; divestitures; valuation; inventory; property, plant and equipment; leasing; impairment; segment reporting; derivatives and hedging; debt and equity securities; equity method and segment reporting. 
  • Minimum 8 years of Big 4 public accounting experience.
  • An understanding of SEC reporting is preferred.
  • Experience working in a fast-paced environment.

Licenses & Certifications:

  • CPA or CA is required.

Skills:

  • Able to influence others on important, complex and non-routine accounting issues.
  • Willingness to create or change procedures to effectively implement new or existing accounting policies.
  • Ability to work in a fast-paced environment. 
  • Ability to apply technical knowledge and conduct research to support accounting positions.
  • Excellent written and verbal communication skills required.
  • Ability to meet deadlines, work well under pressure and produce accurate results.
  • Effective listening skills.

What We Offer:

We offer employees a competitive total compensation package, which includes

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Company

LyondellBasell

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