Petroineos Hiring for Cost Analyst (Finance) Job at Grangemouth, Scotland Full Time

PETROINEOS – REFINING OUR TALENT – DEVELOPING YOUR FUTURE

Petroineos Refining and Trading is one of the largest independent refiners trading in Europe. We are seeking a Cost Analyst to join our Finance Team at our Grangemouth site on a permanent basis.

The role of the Cost Analyst is to prepare, determine and evaluate the fixed and variable costs incurred by the Manufacturing site and Fuels Terminals operated by the refining business in Grangemouth, approximate value of $320m per year. Ensuring the accuracy and integrity of the financial ledger and recommend results to Commercial Team, Performance Manager, Refinery Cost Centre Managers and Refinery Management Team.

Key Accountabilities;

• Review, report and recommend the monthly fixed and variable cost analysis, ensuring complete integrity of the financial ledger and giving assurance to the Financial and Commercial Group of the accuracy and correctness of the results on a monthly basis. Be part of the group that pulls together the month-end accounts by work-day 7
• Appraise, assess and review variations to the fixed and variable costs allocated to the Refining business throughout the month to provide governance role and ensure rigorous budgetary control assurance, therefore giving greater integrity to the financial ledger and forward forecasts and providing Performance Manager and onwards to Group Financial Controller with increased assurance of the refining business financial results.
• Determine, Evaluate and Forecast on a monthly basis the refining business fixed and variable cost performance, consulting with Operations, Delivery and Performance Coordinator to ensure that accurate forecast is made in order to achieve the elimination of potential future surprises and provide assurance to Finance and Commercial Management of the integrity of the forecast.
• Control, coordinate and collate the annual fixed and variable cost operating plan of approximately $320m to ensure directors and senior management are fully up to date with the nature and value of costs in the budget review meetings. Budget costs must be bottom-up and discussed and understood with the cost centre managers and, for employee headcount, with HR.
• Complete year-end financial statements for entity-level companies to a high quality to ensure they are clear to the company auditors. Be part of the team delivering year-end accounts and answer audit queries regarding year-end as they arise.
• Maintain, monitor and control the refinery Catalyst Stock provision (£15m), ensuring that charges and impairment review are accurately reported, within the scope of the provision, and are compliant with accounting standards. The financial value and scope of this provision have ensured a high focus from auditors at year end and correct accounting treatment is essential.

Skills/Experience;

• Good understanding of the purchase to pay process in the refining business and the impact that this will have on cost reporting.
• Be a strong team player, with ability to work on own initiative and comfortable dealing with refining management team, offering help and support in managing their budgets to achieve previously established targets.
• Qualified accountant or part-qualified accountant with at least 3 years relevant experience having had exposure to management accounting, cost reporting and cash forecasting. Proven relevant experience will also be considered
• Experience of Qlikview report writer preferred but not essential
• Advanced Excel skills
• Excellent knowledge of refinery accounting system (SAP)
• Strong problem solving ability to resolve issues on own initiative and present solutions in a clear and precise manner

Please apply directly via our website to be considered for this role www.petroineos.com/careers/career-opportunities

Job Types: Full-time, Permanent

Salary: Up to £42,000.00 per year

Schedule:

• Monday to Friday