Director, Commercial Accounting

Are you looking for a career in a dynamic and innovative company that values versatility, growth, and teamwork? Look no further than Delek US Holdings!

 

WHAT IS DELEK? WHAT DO WE DO?

We are a boutique-sized diversified downstream energy company with a range of assets, including petroleum refining, logistics, and renewable fuels.

• Our refineries in Texas, Arkansas, and Louisiana have a combined crude capacity of 302,000 barrels per day
• Our logistics business currently owns and operates 720 miles of crude and product pipelines, a 600-mile crude oil gathering system, and storage tanks and terminals.
• Our three renewables’ plants in Texas, Arkansas, and Mississippi combined can produce 40 million gallons of biodiesel fuel a year.

 

DELEK BENEFITS

We offer fantastic benefits that include up to a 10% match on 401K on your hire start, with a vesting timeline of only one year, along with medical benefits that start on day one with a 30% premium rebate annually! We value your well-being and all employees now have access to the Calm app for FREE, which is used for meditation, stress management, and better sleep. Through our performance management program, you can earn additional annual incentives as you set and achieve goals. Our pay for performance culture motivates our employees to improve Delek’s year-over-year company, business unit, and individual results. With some of the highest bonus payouts in recent years, we know that our success is due to our talented and dedicated team. We are looking for individuals like you to help us continue this momentum and bring new ideas to the table. At Delek, you will have the opportunity to make an impact and grow your career in a supportive and innovative environment.

 

Please note: We are only considering candidates with Downstream Oil and Gas experience and a CPA.

 

Job Summary:

The Director of Commercial Accounting will lead the accounting function for commercial operations in a complex downstream oil and gas environment, overseeing the accurate financial reporting of crude and product purchases, sales, exchanges, and inventory valuation. This role is responsible for ensuring compliance with GAAP, SOX, and internal policies while driving operational excellence through system improvements, process enhancements, and team development. The ideal candidate will be a CPA with a deep understanding of commercial accounting in the energy sector, strong leadership capabilities, and a strategic mindset to support business growth and financial transparency.

 

Key Responsibilities:

Leadership & Team Development

• Lead and develop a high-performing commercial accounting team across multiple functional areas (e.g., crude, refined products, inventory, exchanges).
• Set clear goals, coach team members, and foster a culture of accountability, collaboration, and continuous improvement.
• Partner with cross-functional leaders in trading, supply & distribution, logistics, and IT to ensure accounting processes support business objectives.

Commercial Accounting Oversight

• Oversee accurate and timely accounting for crude purchases, refined product sales, and third-party exchanges.
• Manage the monthly close process for commercial operations, including journal entries, account reconciliations, margin analysis, and variance reporting.
• Direct the accurate valuation of inventory and monitor inventory movements across terminals, pipelines, and refineries.
• Ensure proper accounting treatment of complex commercial arrangements, including buy/sell, tolling, and blending.

Process & System Improvements

• Identify and implement best practices and automation opportunities to increase efficiency and accuracy in commercial accounting.
• Led system enhancements or ERP integrations related to inventory, trading, or terminal systems.
• Strengthen internal controls and compliance processes across all commercial accounting activities.