Tesoro Accountant-Product Accounting in San Antonio, Texas

Requisition ID: 58521

  • POSITION SUMMARY:*

Tracks physical refined product (excluding rack transactions) and other feedstock trades through deal initiation, scheduling, movement, and evaluation/pricing phases and records associated accounting transactions. Reconciles, analyzes, and compiles transaction reports.

  • KEY RESPONSIBILITIES:*

  • Identifies physical refined product and other feedstock details.

  • Reads trading contracts to ensure understanding of negotiated deal settlements.

  • Reviews scheduled deal movements, determines scheduled flow versus expected results, and investigates discrepancies.

  • Identifies deals with movements scheduled.

  • Determines how movements were scheduled and compares to actual movements.

  • Actualizes valid open orders and associated transportation costs.

  • Reconciles movements to source documents and records true-ups for movements.

  • Ensures valid open orders are actualized prior to month end.

  • Reviews pricing and verifies how deals will price.

  • Analyzes actual versus expected results.

  • Analyzes daily changes to trading profit and loss reports.

  • Verifies financial records and invoice settlement/billing.

  • Records month end accruals for transactions.

  • Assures accurate accounting for secondary costs.

  • Records month end accruals for secondary purchases.

  • Reconciles refined product movements to terminal statements.

  • Identifies, researches, and resolves any discrepancies between system inventory balances and terminal statements.

  • Proposes any necessary monthly gain or loss adjustments to system inventory balances.

  • Properly documents terminal statements, reconciliations and adjusting entries in support of department procedures.

  • EDUCATION AND REQUIREMENTS:*

  • Minimum Bachelor’s Degree in Accounting or related field.

  • Minimum 2 years of experience in Accounting, Audit or related field.

  • SPECIAL SKILLS:*

  • Working knowledge of generally accepted accounting principles, financial statements and reports, and ledgers and journals

  • Proficient in Microsoft Excel

  • Proficient in using accounting or related systems

  • Strong oral and written communication skills

  • Ability to review and analyze moderately complex accounting information

Tesoro Corporation, a Fortune 100 company, is a leading independent refiner and marketer of petroleum products with a strategically focused presence in the western United States. Tesoro, through our subsidiaries, owns and operates seven refineries with a combined capacity of over 895,000 barrels per day. Our retail-marketing system includes over 2,400 retail stations under the ARCO®, Shell®, Exxon®, Mobil®, USA Gasoline™, Rebel™ and Tesoro® brands. Our full-service logistics business, a master limited partnership formed by Tesoro Corporation as Tesoro Logistics LP (TLLP), owns and operates 4,000 miles of crude oil, refined products and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; 15 million barrels of storage capacity; two crude oil rail facilities; and four natural gas processing complexes. Headquartered in San Antonio, Texas, our operations span 18 states.

Our strength lies in our investment in employees and in their future. We measure success not only by the products we bring to our customers, or the financial results we deliver to our shareholders, but also by remaining true to our core values of safety and environmental stewardship, respect and integrity.

Discover your strengths and invest in your future by applying today.

Employees must be able to perform the essential functions of the job with or without reasonable accommodation.

Equal Opportunity Employer: Vet / Disability

Posting Notes: || San Antonio || Texas || United States (US) || SF:LI-YCP-1 || |Accounting & Finance || 78259 ||If you require a reasonable accommodation for any part of the application process, please contact the Tesoro HR Department at TalentAcquisition@tsocorp.com. Note that we review resumes and applications only for posted positions.An Equal Opportunity EmployerTesoro will take the necessary action to ensure that applicants are treated without regard to their race, color, religion, sex, age, disability status, national origin, sexual orientation, genetic information, gender identity, protected veteran status or other protected status under applicable employment law.