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Site Financial Analyst III/IV


INEOS Olefins & Polymers USA

Interested in joining a winning team? A team whose employees are empowered to make a difference?

Grades 33-34

Offer Range: $77,185 - 112,240

Organizational context and job purpose

INEOS Olefins and Polymers USA is one of the largest integrated producers of olefins and polyolefins in North America.  From its manufacturing locations at Chocolate Bayou and LaPorte, Texas, it is a merchant marketer of butadiene, ethylene, polypropylene, and high-density polyethylene with annual revenue of over $2 billion.

How the Role Fits In:

CBW is the largest site in O&P USA and accurate, timely and relevant financial information is key for decision-making.  This role, as a member of the CBW Finance team, will support Site Leadership and Corporate Finance. The role will undertake day-to-day site financial reporting activities for the Olefins Business but also take a lead role in other month-end processes.

Purpose of Job

The CBW Site Financial Analyst will ensure accurate and timely recording of financial transactions, forecasting, and preparation of reports for Site Leadership, Business Managers, and members of the Executive Team.This role has frequent interaction and must build relationships within the site.As a team member, this role will also support multiple CBW Product Line and Financial Analysts as a back-up. A flexible work schedule is required to meet monthly and especially quarterly financial book close deadlines. This role is a key analytical role with significant influence on the organization of day-to-day duties and responsibilities of the team.

Responsibilities and Accountabilities

  • Provide oversight to the monthly Olefins financial closing process, including preparation of financial entries.  Post and summarize Olefins actual results from SAP.  This includes review of Olefins mass balance (production, sales, cost of goods sold and inventory).
  • Provide financial and operational analysis to business management and functional management as necessary.  This includes detailed variable costs, sales and inventory reporting.  Perform variance and trend analysis on monthly results to point out significant changes from plan and develop explanations regarding the key events affecting financial results.  This work involves discussion of results with plant operations, commercial teams and other business unit financial analysts (e.g.. Corporate).
  • Interprets financial transactions and events for users who must make economic or business decisions.
  • Support preparation of latest earnings estimate (Group Financial Outlook).  This includes analysis and explanation of significant changes from previous forecasts. 
  • Track and compile details associated with Olefins Catalyst/Sieve change-outs.  
  • Lead Sales and Use Tax Internal Audit Process for all sites.  This includes monthly PO/Invoice reviews and reporting.
  • Provide necessary assistance during the monthly close process so that the financial results are accurately completed on timely basis. This includes recording of accruals, overhead costs, utilities, third party service bill-outs,etc.
  • Support annual performance plan (budget) for the Site.
  • Understand the cost allocation process within SAP as it relates to both internal reporting as well as product line reporting.
  • Assist in maintaining Olefins financial data in SAP as necessary, including cost centers, internal orders, cost allocations etc.
  • Assist with external and internal audits, including quarterly and year-end physical inventory counts and reconciliations of process materials, raw materials and finish goods.
  • Review the business unit and product line balance sheet monthly and review/prepare account reconciliations to provide assurance on data integrity.
  • Provide oversight and support to the business unit delegation of authority and internal control environment by reviewing approvals on payment requests, price changes, inventory write offs, fixed asset dispositions and other transactions.
  • Prepare ad-hoc reports as required

Skills & Knowledge Required


  •  4+ years of financial experience required, preferably in the chemical industry. 
  • Specific grade level commensurate with experience.  Previous experience in an accounting or finance positions is desirable. 
  • The candidate would preferably be familiar with the chemical industry and chemical accounting procedures. 
  • Bachelors degree in accounting, finance, business administration or equivalent. 
  • Advanced degree/education such as MBA or CPA is a plus.


Technical skills:

  • SAP FI/CO/MM module knowledge (knowledge of other modules also a plus)
  • Very strong analytical and problem solving ability.
  • Knowledge of financial internal control processes.
  • Chemical industries experience a plus.
  • Superior Microsoft Office skills, especially Excel, are required. 
  • Knowledge of Property Tax, Fuel Tax and Texas Sales & Use Tax reporting

Behavioral skills

  • Self-starting individual who can work with a minimum of direction.
  • Must have good communication skills and be able to discuss and explain financial transactions and processes in a clear and concise way to individuals across the organization.
  • Strong organizational and time management skills – a good portion of the work in this role is deadline driven.
  • Strong analytical and problem solving ability 

Our culture is one of honesty and integrity with an emphasis on safety, health and environmental performance.On our team, people are acknowledged for embracing new practices that help create real value for customers.