Director of Retail Accounting

The Opportunity

• Director of Retail Accounting at a growth-oriented energy company with headquarters in Houston, Texas
• Lead all accounting and financial planning and analysis (FP&A) processes for Par Pacific’s C-store business in Hawaii and the Pacific Northwest
• Reporting to the Chief Accounting Officer and directly leading two Accounting Managers, you will join a leadership team including Refinery Accounting, Internal Audit, Tax, Margin Accounting and Corporate Accounting leaders.  

 

Key deliverables fall within three areas:

Business Partnership

• Serve as a business partner to operational leadership in Houston, Texas, Honolulu, Hawaii and Spokane, Washington related to accounting and FP&A for all retail segments
• Adapt to changes in a rapidly evolving business environment
• Proactively lead the design and delivery of timely and accurate financial and statistical data to business decision makers

Process Improvement

• Improve accounting processes and procedures, establish thresholds, and ensure workflow efficiency and timeliness
• Identify improvements in all areas impacting retail accounting, reporting, and analysis across both retail brands

Staff Development

• Ensure that team members have the tools and training they need to thrive, excel and grow in their current positions
• Evaluate and reorganize current Retail Accounting department structure to further support the business as needed

 

Additional activities include: 

• Lead the reporting analytics for profitability analysis across the retail organization
• Participate in Pricebook recipe creation and validate impact on COGS
• Co-lead PDI initiative to drive PDI consolidation forward
• Serve as a liaison with retail planning & insights to ensure accurate daily reporting to stores and corporate teams via PowerBI
• Proactively monitor variances; participate in optimizing the business and ensure regional accounting team members proactively monitor variances and participate in optimizing their region
• Build retail team expertise, optimize where necessary
• Streamline current differences in retail accounting practices across regions:
  • Synchronize reporting across both regions to ensure consistent reporting
  • Ensure reporting compatibility between changes implemented in the current year and historical results
  • Improve accuracy, formatting, legibility, naming convention, and storage/access of reports
  • Narrow number of reports to only those that provide insights and are used; eliminate redundancy
  • Produce recurring reports needed for corporate reporting, presentations and other needs
  • Partner with procurement, accounts payable and other groups as needed to ensure the Procure to Pay process for all types of goods and services are optimized (Fuel, Merchandise, Services)

• Implement KPIs to track ancillary costs for each store (such as waste, food service items, etc.)

• Review journal entries during each month-end close
• Prepare accounting review of Authorization for Expenditure (AFE) for retail businesses and coordinating the recording of AFEs in SAP
• Ensure costs are appropriately captured in the financial statements
• Prepare daily, weekly and monthly balance sheet account reconciliations; ensure transactions that comprise balances are clearly identified and supported, and that monthly activity is identified and is appropriate given the nature of the account
• Maintain compliance with SOX and recommending improvements to allow for increased financial accuracy/streamlined processes
• Provide assistance with internal and external audit requests
• Manage change and serve as an extra hand-on-deck with daily execution

Note: This description is intended to give you a general overview of the position, additional responsibilities and opportunities may be identified based on current business needs.

 

 

Qualifications

To meet the basic qualifications, you will have legal authorization to work permanently in the United States for any employer without requiring a visa transfer or visa sponsorship.

 

• Bachelor’s degree in Accounting, Finance, or related field required
• Minimum 7 years of relevant progressive accounting or FP&A experience, including responsibility for complex, multi-site accounting functions required
• Experience in Convenience Retail; Oil and Gas Industry a plus
• Supervisory experience (7+ years) including success managing, mentoring, coaching and developing a team required
• Solid experience with financial tools required; SAP and/or PDI highly preferred
• Proficiency using M