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Compensation Grade
ONS-USD-35Who We Are
INEOS Energy
INEOS Energy is the energy division of INEOS, we produce and trade oil, gas, power, liquefied natural gas (LNG) and carbon credits. Operating across the Danish and UK North Sea with offshore oil & gas assets and onshore assets in South Texas, US. This is supported by our investments and projects in low carbon technologies, which will help sustain our business through the energy transition.
The key focus for the US Onshore business is to acquire, explore and develop properties to produce natural gas, oil and NGL from underground reservoirs safely and efficiently. Key operated assets are in the Eagle Ford shale basin in South Texas. With over 2,000 well producing net 36kBOE per day.
Owning and operating producing US onshore assets is part of INEOS Energy’s strategy to build a global integrated portfolio, fit for the energy transition, offering high-quality energy solutions to its customers.
About the job
Job Title: Marketing Accounting Supervisor
Department: Accounting
Summary of Position
The Marketing Accounting Supervisor will manage all accounting for the INEOS Energy Marketing USA (IEMUS) business in addition to providing revenue accounting support needed for INEOS USA Oil & Gas . The successful candidate will collaborate across the business to establish processes that support the business.
Responsibilities
Responsible for all areas of IEMUS monthly accounting close including netback preparation and accounting for inventory, accounts receivable, accounts payable, cash and intercompany transactions.
Oversee volume actualizations and settlements.
Ensure timely reconciliation for payment of invoices.
Analyze inventory, plant statements and intercompany balances to explain variances and resolve discrepancies.
Reconcile all IEMUS balance sheet accounts and provide analysis of the income statement.
Collaborate with various teams to resolve issues and develop efficient procedures for accurate accounting of IEMUS and INEOS USA Oil & Gas revenue.
Assist with the implementation of a new instance of SAP for IEMUS.
Special projects as needed including regulatory and tax filings, SAP enhancements, process improvements and data requests.
Able to work in the corporate office full-time.
Qualifications
5-10 years of accounting experience.
Bachelor’s degree (accounting/finance) or additional experience in lieu of degree.
Previous leadership role required with proven ability to manage a team and meet deadlines.
Strong understanding of oil and gas industry and regulations.
Ability to work with accounting systems to establish business processes and resolve issues to support automation and efficiency. (SAP preferred).
Solid understanding of excel and database programs to be able to write reports, analyze data and solve system issues.
Enjoys working with a team and collaborating with others.
Relocation:
Preferential treatment will be granted to candidates residing in the Denver metropolitan area.
Work Authorization:
INEOS USA Oil & Gas LLC is not currently sponsoring employment visas for this position.
Compensation & Benefits
Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the Colorado Equal Pay for Equal Work Act (EPEWA) and Equal Pay Transparency Rules. It is estimated based on what a successful Colorado applicant might be paid. It assumes that the successful candidate will be in Colorado or perform the position from Colorado. Similar positions located outside of Colorado will not necessarily receive the same compensation.
Compensation:
The annual rate for this position generally ranges between $125,000-$142,000 with an opportunity for a company-wide annual discretionary bonus, of up to 45% of eligible pay. This role, depending on skill level and experience, may also participate in the Long-Term Incentive Plan with annual awards, vesting over three years. These ranges are estimates, based on potential employee qualifications, operational needs, business performance to metrics, and other considerations permitted by law. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.
Benefits:
Benefits package includes healthcare, dental, and vision insurance for employees and eligible dependents. INEOS also offers several other wellness, financial, and work/lifestyle-specific benefits. 401(k) retirement has both an automatic 3% company contribution and a match of up to an additional 6% of eligible compensation. We offer generous paid time off that includes both sick and vacation which is based on and increases, with industry experience.