ACCOUNTANT

Company Overview for Formosa Plastics Corporation, U.S.A.

Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $5 billion, we employ over 2,800 people who operate 20 production units in six business divisions - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, Chlor-Alkali, and Oil & Gas.

Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid.

We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities.

Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas.


I. POSITION OBJECTIVE
The Accounts Payable position is responsible for the accurate and timely processing of vendor invoices, ensuring all eligible cash discounts are captured and company assets are safeguarded. This role requires careful review of invoices to verify accuracy and confirm that appropriate approvals have been obtained in accordance with the company’s authorization matrix prior to payment release. All payments must comply with company policies and procedures, International Financial Reporting Standards (IFRS), and applicable federal regulations.
II. MAJOR AREAS OF ACCOUNTABILITY
Confidentiality - Handle sensitive and confidential vendor invoices, Formosa documentation, and communications with the highest level of discretion. Ensure all financial documents, invoices, and related information remain strictly within the Accounting Department to maintain a professional and ethical work environment and mitigate legal risk. Safeguard the company’s financial information, including vendor bids, contracts, and payment details, by performing all duties with strict confidentiality.
Policy & Regulatory Compliance - Serve as a champion of company policies and ensure compliance with all regulatory, quality, environmental, health, and safety requirements. Proactively identify and address compliance gaps, collaborating with cross-functional teams to implement timely and effective solutions.
Oversee controlled document management processes to ensure alignment with company standards and applicable regulations.
Invoice Processing & Verification - Process and review invoices for accuracy, completeness, and compliance with company policies and state/federal regulations. Verify quantities, unit pricing, taxes, freight terms, and payment terms prior to approval. Coordinate invoice approvals and resolve discrepancies by partnering with internal departments and external vendors to ensure accurate and timely payments.
Financial Records Management - Maintain accurate and organized financial records by auditing invoices and supporting documentation. Investigate and resolve discrepancies to ensure proper accounting and reporting integrity.
Communication & Issue Resolution - Communicate professionally and effectively with internal stakeholders and external vendors. Exercise sound judgment and independent decision-making to resolve invoicing and payment issues efficiently while maintaining strong working relationships.
Material Accrual Management - Review and maintain material accruals on a regular basis to ensure accurate financial reporting and timely payments. Research and resolve discrepancies by collaborating with internal teams and vendors to clear outstanding balances and prevent payment delays.
THM - Promote cleanliness and order through the implementation of the Total House Keeping Maintenance program. Emphasize Nothing Touch Ground program and No Visual Pollution program. Maintain the plant in like new condition.
III. QUALIFICATIONS
A. TECHNICAL JOB CRITERIA
1. Previous Related Experience Required
A minimum of one (1) to five (5) years of related experience in Accounting, Taxation, Finance or closely re