Date:  Apr 10, 2024
Location: 

Houston, TX, US, 77024

Job Function:  Finance
Requisition Number:  4680

Title:  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 Microsoft Office Suite applications, including Word, PowerPoint and intermediate to advanced proficiency in Excel (e.g. complex spreadsheets; SUMIFs, VLOOKUPs, HLOOKUPs, pivot tables, etc.)
  • Experience with SAP, Power Excel / Power BI or similar data visualization applications a plus
  • Strong technical acumen to work with IT on developing reporting, streamlining processes and building effective shortcuts
  • A strategic mindset with the vision and change management skills to develop and implement ongoing improvements
  • Ability to work effectively with stakeholders and to meet required goals and deadlines
  • Willingness and ability to travel to retail sites in Hawaii, the Spokane, Washington region, and other Par Pacific locations as needed; anticipated overnight travel is 15%
  • CPA, CMA or CFA certification is highly preferred; MBA preferred
  • Excellent analytical and problem-solving skills
  • Outstanding organization and prioritization skills with strict attention to detail
  • Strong interpersonal skills and effective verbal and written communication skills
  • Ability to work well independently and in a team environment
  • Ability to adjust work schedule to accommodate expected and unexpected changes in requirements
  • Disposition to thrive a dynamic, fast-paced environment

 

About Us 

At Par Pacific, we own and operate market-leading energy and infrastructure businesses in logistically-complex markets. We have built a team of oil and gas industry veterans and subject matter experts to lead our organization with an entrepreneurial spirit and a collaborative, problem solving approach. We bring our diverse strengths and motivation to complex markets where we seek out diamonds in the rough. As a nimble, growing organization, we actively pursue new opportunities with corporate financing know-how, respond to local market demands, and adapt to changing external environments.

 

More Good Reasons to work for Par Pacific

Unique Culture 

There is nothing ordinary about Par Pacific -- a niche player in the energy space. And there's certainly nothing ordinary about Par Pacific people. We are driven, hardworking, entrepreneurial-minded professionals that love to win. If that describes you, you'll fit right in. 

  

Location, Location, Location 

Because Par Pacific operates in some of the most beautiful places throughout the country, our employees get to make these places their home and enrich their lives. The office where you'll work is in the CityCentre in Houston, Texas It's a vibrant area of the city with plenty of places for lunch or to wind down after work.

 

Opportunistic growth strategy 

At Par Pacific, we look for operations with strong fundamentals and great employees who can move a business forward. Our management team has deep experience in the energy industry, as well as in leading mergers, acquisitions, and integrations of newly acquired companies. 

  

Excellent compensation and benefits

In addition to a competitive salary, we offer a strong comprehensive benefits package that includes medical, dental and vision insurance, a robust allotment of paid time off, a 401(k) with company match, retirement savings plans, educational reimbursement, and more. Full-time employees (and their families) are offered medical (with prescription coverage), dental, vision, voluntary critical illness, accident, life/AD&D insurance, Flexible Spending Account and Employee Assistance Program.  Employees can purchase company stock at discounted prices through the Employee Stock Purchase Program. 

 

Our Headquarters

Par Pacific Holdings, Inc., based in Houston, Texas, owns, manages and maintains interests in energy and infrastructure businesses. We are a growing energy company focused on renewable and conventional fuels in the Western United States. Par Pacific also owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado.  Our common stock is publicly traded on the NYSE under the trading symbol "PARR".  

 

Our Refineries and Logistics Operations 

We own and operate refineries in Hawaii, Montana, Washington, and Wyoming, with total operating throughput capacity of over 218 Mbpd. Par Pacific owns and operates one of the largest energy networks in Hawaii with 94,000 bpd of operating refining capacity, a logistics system supplying the major islands of the state and 90 retail locations. In the Pacific Northwest and the Rockies, Par Pacific owns and operates 124,000 bpd of combined refining capacity, related multimodal logistics systems,  

 

Our Retail Operations 

We own and operate 90 retail locations in Hawaii under the Hele and 76 brands and 33 retail locations in Washington and Idaho under the nomnom brand.

 

Note: Par Pacific will not accept calls from third-party recruiters. All candidates are required to apply through this web posting.  

   

Par Pacific is an equal opportunity employer. Par Pacific prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status,genetic information or any other status protected by applicable law.  


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