Sr Manager, Technical Accounting And Financial Reporting

Delek US Holdings Brentwood , TN 37027

Posted 2 months ago

Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels and convenience store retailing. We are hiring for the position of Sr. Manager, Technical Accounting located in our Brentwood, Tennessee corporate office.

The Senior Manager of Technical Accounting role will be responsible for researching and recommending accounting treatment, including the preparation and review of position memo, for complex transactions and other business initiatives. Additionally, the role will assist with the accurate and timely preparation of external financial statements and reports in accordance with GAAP and SEC requirements, including footnotes and other required disclosures. This position will manage one to two technical accounting or financial reporting subordinates.

Come and #jointheenergy! We offer top of the line benefits along with health premium re-imbursements.

Job Responsibilities:

  • Researches and recommends accounting treatment, including preparation and review of position paper, for complex transactions and other business initiatives.

  • Evaluate recent and proposed accounting and reporting literature and pronouncements' impact on the Company. This will require coordinating with various departments across the organization.

  • Responsible for maintaining a deep knowledge of GAAP and SEC requirements in order to ensure compliance.

  • Assist in the accurate and timely preparation of external financial statements and reports, including footnotes and other required disclosures.

  • Must have excellent written communication skills in order to effectively draft footnote and other reporting disclosures.

  • Performing/preparing underlying analysis and calculations for footnotes and other SEC/reporting disclosures based on the applicable GAAP and SEC rules

  • Assist with audit support and analysis.

  • Must have excellent interpersonal and communication skills in order to work effectively with management, accounting, auditors and other stakeholders to obtain information timely and effectively and to provide high quality customer service to the organization.

  • Manage one to two technical accounting and/or financial reporting staff and assist in their development in technical accounting and financial reporting.

Required Qualifications

  • Education, Skills & Experience:

At least 8 years of related experience. Bachelor's degree in a related field.

Preferred Qualifications

  • Education, Skills & Experience:
  • MBA degree typically preferred

  • CPA preferred.

  • Demonstrated experience in financial reporting required.

  • 7+ years of experience in corporate accounting and financial reporting is required, with at least three years in a leadership role. Public Accounting experience is highly preferred.

#LI-MG1

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin, disability status, protected veteran status, or any other characteristic protected by law. Equal Opportunity Employer/Disabled/Veterans.

BECOME PART OF THE ENERGY

It's an exciting time to join Delek. We're on a mission to attract, retain, and engage the best and brightest talent - those who are great team players and leaders who make it their first priority to serve.

  • We are performance driven

  • We value a passion for excellence

  • We value teamwork

  • We value and reward hard work and dedication

Delek US offers the opportunity to provide you with more than a job - we want to help you build a career.

Since our inception, our ability to hire the right people for the job has served us well, resulting in an impressive record of consistent growth and profitability. With more than 3,500 employees in nine states, we have brought together a diverse team of professionals passionate about investing their time and expertise in one of the most dynamic downstream energy companies in the market today.

Welcome to Delek US Holdings

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Sr Director Of Technical Accounting And Financial Reporting

Delek US Holdings

Posted 2 months ago

VIEW JOBS 12/4/2021 12:00:00 AM 2022-03-04T00:00 Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels and convenience store retailing. We are hiring for the position of Senior Director, Technical Accounting and Financial Reporting located in our Brentwood, Tennessee corporate office or remote. Under the direction of the Vice President of Technical Accounting and Financial Reporting, the Senior Director of Technical Accounting and Financial Reporting will be responsible for helping the VP to develop and manage strategic initiatives for the team and aligning them to the company's strategies and objectives; for overseeing, coordinating or performing complex and/or sensitive technical accounting, transaction and financial reporting requirements; for consulting with senior management on transactions and technical accounting implications; for helping to ensure timely and compliant filing of all SEC periodic and current reports (i.e., Forms 10-Q, 10-K and 8-K) pursuant to all GAAP and SEC requirements; for assisting with communications with the Audit Committee(s) of Delek US Holdings, Inc. (NYSE: DK) or Delek Logistics Partners LP (NYSE: DKL); and for assisting with interactions with Investor Relations and reviewing the propriety of non-GAAP disclosures in our earnings releases and investor presentations, all at the direction of the VP. The Senior Director will also be responsible for ensuring that team goals are appropriate, that we are meeting them collectively, that we are managing workload and responsibilities and rebalancing them when appropriate, and that we are helping them achieve their career development goals. The Senior Director will help oversee the direction of the Technical Accounting and Financial Reporting team working closely with the VP and with our two Directors, and will directly lead and supervise applicable team members on complex and strategic transactions and initiatives, based on the nature of those activities. Come and #jointheenergy! We offer top of the line benefits along with health premium re-imbursements. Role & Responsibilities: Technical Accounting Responsibilities: * Researching and recommending accounting treatment, including the preparation and review of position memos, for our complex transactions and other business initiatives and ensuring concurrence, where applicable, from our external auditors; * Providing technical accounting consultation to senior management on significant transactions before they are executed, performing ad hoc research to advise management on the possible accounting implications, and advising on potential provisions and/or structure changes that can result in more favorable accounting treatment; * Considering our technical accounting positions at a macro level to ensure that none of our new transaction-specific positions put other positions/historical treatment at risk, or if they do, that we do so with intention and consideration of potential restatement or other SEC reporting risk; * Proactively identifying technical accounting risks that may arise in the future because of expected changes in accounting standards, contract provisions, the nature of transactions, etc., performing or coordinating research on the implications, and developing recommendations for how to manage that technical accounting risk and/or to manage related disclosure/market risk; and * Reviewing and providing guidance and/or comments on technical accounting work and memos completed by others on the team, which may include those that relate to transactions but may also include the more complex routine matters, such as goodwill impairment analysis, equity method investment memos, etc. Financial Reporting Responsibilities: * Assisting in the direction of the completion of financial reporting requirements of the Company in accordance with internal policies and US GAAP, which may include the preparation and/or review of the Company's 10-K, 10-Q, and 8-K filings, among others; * Helping oversee the management of the SEC reporting tool functionality and transformation initiatives as well as how they integrate with our ERP or other systems, and taking into account internal control requirements and system limitations and requirements; * As needed, assisting with responding to SEC comment letters, evaluating and drafting preferability letters for material changes in accounting policy, and developing approaches for and drafting SEC clearance letters; * Coordinating with legal and HR on preparation of the proxy (which is managed by SEC counsel/HR) and overseeing the preparation of the financial reporting components of the proxy; and * As needed, assisting with interactions with Investor Relations and SEC Counsel regarding the propriety and accuracy of non-GAAP disclosures in our earnings releases and investor presentations. Capital Markets and M&A Transactions Responsibilities: * As debt, equity, mergers, acquisitions or dispositions transactions arise, the Senior Director may be asked to lead some or all of the following activities: * Developing a technical accounting/financial reporting project/transaction plan and identifying the risk areas to be addressed; * Coordinating technical accounting review/valuations of all of the identified areas, andreviewing work performed by others in the group and providing comments; * Consulting with senior management before execution, as required, and exploring and proposing technical accounting options; * Researching and developing arguments for certain of the more complex accounting positions and drafting supporting memos; * Presenting findings and recommendations to senior management; and/or * Leading and/or actively participating in the preparation/completion/review of agreements, prospectuses and related filings, completion of comfort letter procedures and other financial due diligence procedures. Other Responsibilities: * Being able to work well in a team environment where individual project leads may be based on specific team member experience and expertise rather than necessarily on functional hierarchy, where work may be redistributed to balance work load and tasks that are not normally assigned may temporarily or permanently become the Senior Director's responsibility, where we leave titles at the door, and where the Senior Director's work may, at times, be reviewed by a Director or Senior Manager (or others), based on specifically relevant experience and availability; * Helping lead a team of direct/indirect reports; provide functional leadership by fostering teamwork, providing coaching and developing team members; * Being flexible and adaptable regarding changes in responsibilities that may arise based on business needs or team considerations, as determined by the VP; * Helping manage communications and relationship with external auditors on external financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures and issues, and to facilitate cooperative and effective working relationships; * Performing, documenting, and updating internal controls associated with the assigned functions and responsibilities, and also considering changes in our processes and the impact on internal controls; * Working with our SOX Internal Controls group when control issues are identified, or when changes to controls are necessary, to ensure that our controls are designed effectively, documented appropriately, that deficiencies are appropriately documented, evaluated, and mitigated, and that they operate effectively on an ongoing basis; and * Assisting with communications to senior management and the Audit Committee(s), as needed, at the direction of the VP. Required Qualifications - Education, Skills & Experience: * Bachelor's or master's degree in Accounting required. * Extensive knowledge of SEC rules and regulations required. * Active CPA license required. * Minimum of 12-15 years' relevant experience with significant focus on public company financial reporting (SEC registrants) and technical accounting research and documentation required. * Downstream oil and gas experience required, including experience with commercial commodity derivatives and related transactions. * Big 4 or next tier (BDO, Grant Thornton, etc.) public accounting experience required. * Minimum of 5-7 years' management/leadership experience in a relevant industry financial reporting or technical accounting role and/or in public accounting. * Debt and/or equity transaction experience and registration statement experience required. * Working knowledge of basic SOX internal control requirements. * Ability to interact effectively and collaboratively with C-level executives, SEC counsel, investor relations, operations, board members and external auditors required. * Demonstrated strong leadership, organization, time management and communication skills required. * Proficiency with MS Office required. Preferred Qualifications - Education, Skills & Experience: * Midstream oil and gas experience preferred. * Mergers and acquisition experience preferred. * Experience with Workiva WDesk or similar SEC reporting platform preferred. * Experience with ERP systems such as SAP a plus. #LI-MG1 We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin, disability status, protected veteran status, or any other characteristic protected by law. Equal Opportunity Employer/Disabled/Veterans. BECOME PART OF THE ENERGY It's an exciting time to join Delek. We're on a mission to attract, retain, and engage the best and brightest talent - those who are great team players and leaders who make it their first priority to serve. * We are performance driven * We value a passion for excellence * We value teamwork * We value and reward hard work and dedication Delek US offers the opportunity to provide you with more than a job - we want to help you build a career. Since our inception, our ability to hire the right people for the job has served us well, resulting in an impressive record of consistent growth and profitability. With more than 3,500 employees in nine states, we have brought together a diverse team of professionals passionate about investing their time and expertise in one of the most dynamic downstream energy companies in the market today. Welcome to Delek US Holdings Delek US Holdings Brentwood TN

Sr Manager, Technical Accounting And Financial Reporting

Delek US Holdings