Date:  Jul 3, 2024

Houston, TX, US, 77024

Job Function:  Finance
Requisition Number:  4760

Title:  Sr. Inventory Accountant

The Opportunity 


  • Inventory Accounting analysis at a Growth-Oriented Energy Company
  • You will play a key role in the inventory valuation processes giving you exposure to several different regions and their associated processes
  • You will enjoy exposure to the Commercial and Accounting teams as well as to our multi-state operations that stretch from Texas, Wyoming, Montana, Washington, and Hawaii
  • Learn and grow in SAP (our financial ERP system) and financial analysis processes


Reporting to the Inventory Accounting Manager, this position will be responsible for the margin analysis of our Refining business segment. This will be integral to the organization you support; providing reliable, effective analysis that facilitates appropriate and timely business decisions.


Key activities include: 

  • Work closely with the Commercial & Settlements groups to understand monthly crude and refined product activity
  • Coordinate with the Billing / Contract team to review trade related activity and gather settled cargo volumes and prices
  • Work with yield accounting to reconcile movements, roll forward inventory and calculate yield
  • Reconcile inventory and perform inventory costing analysis
  • Prepare and oversee exchange activity and resolve discrepancies as appropriate
  • Monthly, quarterly, and annual variance analyses of financial and statistical data
  • Perform FIFO inventory calculations
  • Preparation of key reports for management review
  • Review the accounting of current period purchases and settlements as it relates to, title transfer, current liabilities, and overall balance sheet presentation
  • Ensure consistent adherence to the company’s policy and procedures
  • Complete special projects, when assigned
  • Work with internal auditors on controls documentation and SOX compliance
  • Provide documentation to external auditors during quarterly SEC filings
  • Perform other duties as assigned


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.



The Requirements 

To meet the basic qualification for this role, you will have legal authorization to work permanently in the United States for any employer without requiring a visa transfer or visa sponsorship. To be a good fit for the Inventory Accounting opportunity, qualifications include: 


  • Bachelor’s degree in Accounting, Finance, or Business required
  • CPA Preferred
  • Minimum 3 years accounting/finance experience required
  • SAP experience preferred (MM/FI/CO modules)
  • Cost/Inventory Accounting experience preferred
  • Proficiency with MS Office Suite (Outlook, Excel, Word, etc.)
  • Understanding of generally accepted accounting principles (GAAP), theories, and ability to apply them to the Corporation's accounting needs required
  • Strong attention to detail and organization
  • Ability to research, solve problems, and take initiative to recommend process improvements
  • Ability to work well independently and deal effectively in a rapidly changing environment
  • Strong verbal and written communication skills
  • Fluent in English, both oral and written required



More Good Reasons to work for Par:  

Unique culture 

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


Location, location, location 

Because Par Pacific is 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 will work is in CityCentre, located on the West side of Houston near I-10 and the Sam Houston Tollway. 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 

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.   


The Company 

Par Pacific Holdings, Inc., based in Houston, Texas, owns, manages, and maintains interests in energy and infrastructure businesses. Par Pacific's strategy is to identify, acquire and operate energy and infrastructure businesses with attractive competitive positions. We own and operate refineries in Hawaii, Washington, Wyoming, and Montana with total operating throughput capacity of over 200 Mbpd. We own and operate one of the largest energy infrastructure networks in Hawaii with a logistics network supplying the major islands of the state. In Wyoming, Par Pacific owns a refinery and associated logistics network in a niche market. We operate 123 fuel retail outlets in Hawaii, Washington, and Idaho. Our Montana refinery provides motor fuels and asphalt to neighboring states.  Par Pacific has an active, opportunistic growth strategy. Our common stock is publicly traded on the NYSE under the trading symbol "PARR". 


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.


Nearest Major Market: Houston

Job Segment: Refinery, Inventory, SAP, ERP, CPA, Energy, Operations, Technology, Finance