Senior Accountant

LyondellBasell (NYSE: LYB): As a leader in the global chemical industry, LyondellBasell strives every day to be the safest, best operated and most valued company in our industry. The company’s products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce.  The company takes great pride in its world-class technology and customer focus. LyondellBasell has stepped up its circularity and climate ambitions and actions to address the global challenges of plastic waste and decarbonization. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

Basic Function

The purpose of the role is to ensure proper governance, financial accounting, statutory compliance and reporting for the assigned LYB legal entities in Italy, relative to statutory accounts as per local GAAP, including annual reports. There is a requirement to operate in accordance with US GAAP, IFRS and statutory requirements, Corporate policies, and maintain proper relations with local external auditors and tax authorities. This position will also support the General Accounting, Tax, Manufacturing Controlling & Analysis and other teams.

Roles & Responsibilities

Accounting and Reporting

• Ensure through reporting and governance, that financial accounting is in accordance with Corporate Accounting Policies (US GAAP and IFRS), and local GAAP.
• Perform period-close accounting activities with primary focus on the assigned legal entities.
• Prepare and/or review local GAAP postings and adjustments required for accurate and complete preparation of the statutory financial statements in accordance with local GAAP during each close period. 
• Prepare and/or review other statutory and government reporting’s required by local regulations.
• Prepare and submit quarterly and year-end IFRS and US-GAAP reports for the assigned legal entities to ensure reliable, accurate, timely financial information and reporting.
• Assist the supervisor in redacting the monthly and year-end Statutory financial statements to ensure reliable and accurate statutory financial information, meeting deadlines and shareholders expectations.
• Prepare all necessary accounting details for tax purposes of the assigned legal entities, cooperate with the tax department to ensure the correct segregation of deductible and non-deductible costs and support during tax audits and projects.
• Take ownership of accounting records for the legal entities for which this position is responsible for and/or as assigned from time to time.
• Support on corporate reporting tasks, supervisory review and backfill to cover remaining workload or absence of other team members and cover peak periods during period-close.
• Perform any other ad hoc tasks as assigned.

General Accounting Support

• Prepare and/or review accruals and postings. 
• Prepare or review G/L accounts reconciliations as assigned and ensure quality and correctness of accounting in line with the risk-based frequency.

Internal Controls 

• Ensure through oversight that adequate preventative and detective controls exist and operate effectively as designed. Support the deployment and maintenance of a SOX compliant control system which ensures internal controls processes are designed appropriately and operated effectively.
• Oversee the clearing of any audit or controls findings by coordinating with other Finance functions as applicable.

Collaborations

• Partner with the functional process-teams to make sure accounting records are accurate, timely and complete.
• Provide accounting guidance, advice and approvals to functional process-teams, as necessary
• Provide input and support SAP ERP enhancements and other systems improvement projects relating to assigned legal entities; lead implementations when required.
• Liaise with internal and external auditors and other external third parties with reference to audits and other procedures to be performed. Assist in providing documents or information as requested by internal and/or external auditors.
• Contract controlling for country specific contracts – sales, purchase, leasing. Coordinate the review of sales agreement and purchase contracts (and amendments) with non-standard provision with the Accounting Policy Group prior to execution
• Assist FP&A and B