Valero

Corporate Accountant

Posted on: 30 Jan 2021

San Antonio, TX

Job Description

Description

Under direct supervision, the primary responsibilities of this position includes creating and posting of complex month-end journal entries, reconciling general ledger accounts, creating reports for management, and reviewing administrative expenses.

* Creates and posts complex month-end journal entries (i.e., various expense accruals, foreign exchange that affects the income statement, costs associated with legal and environmental regulations, ad valorem taxes, pension and OPEB benefits, and other comprehensive income).
* Completes income statement and balance sheet reports issued by the area.
* Reviews balance sheet accounts during month-end close and analyzes Valero's elimination companies to understand how they are utilized to create consolidated financial statements.
* Completes reports (i.e., reports for the Controller's binder and Prepared by Client reports for Valero's external auditors) as part of quarterly or year-end reporting.
* Reviews and reports the impact of expenses to management (i.e., administrative, foreign exchange gains and losses, ad valorem taxes, other environmental regulations).
* Assists and completes various ad-hoc reports and special projects.
* Reconciles assigned general ledger accounts on a monthly basis.

This position is salaried exempt status, which means you are not eligible for overtime pay.

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Valero

San Antonio, TX

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing company in the United States, Canada, the United Kingdom, Ireland, and internationally. It operates through three segments: Refining, Ethanol, and VLP (Valero Energy Partners LP). The company is involved in oil and gas refining, marketing, and bulk selling activities. It produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel, other distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined petroleum products.

As of December 31, 2018, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day. It markets its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brand names. The company also produces and sells ethanol, distiller grains, and corn oil primarily to refiners and gasoline blenders, as well as to animal feed customers.

It owns and operates 14 ethanol plants with a combined ethanol production capacity of approximately 1.73 billion gallons per year. In addition, the company owns, operates, develops, and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets that provides transportation and terminaling services. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.

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