Settlements Analyst

4 weeks ago

Houston, Texas, United States Par Pacific Full time

The Opportunity

  • Settlements Analyst at a growth-oriented energy company
  • Perform Crude Settlement (payment) and Product purchases at a Growth-Oriented Energy Company
  • You will play a key role in the purchase of crude and products 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.
  • You will have the opportunity to learn and grow into new areas such as learning SAP (our financial ERP system) and our trading tool – Allegro.

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.

Qualifications

Reporting to the Manager of Settlements, this position will leverage accounts payable and accounts receivable experience to support commercial & logistics operations to ensure timely settlement and accurate accounting of physical commodity transactions both in SAP and our trading system – Allegro.

As part of your specific responsibilities, you will:

  • Responsible for verifying commodity and secondary cost invoices against system accruals
  • Coordination with Logistics, Accounts Payable, and Treasury on timely settlement of third-party invoices
  • Troubleshoot pricing discrepancies through system analysis and coordination with Logistics and Commercial
  • Coordination with Accounting on month-end accruals for unpaid items
  • Tracking of third-party invoices received to ensure all payments processed timely
  • Communicate with third party vendors to resolve invoice discrepancies
  • Coordinate with Contracts & Master Data group to ensure Allegro master data maintained effectively to facilitate interfaces to SAP
  • Maintain proper documentation to support quarter and year-end audit requests
  • Special projects, as assigned
  • Perform other duties as assigned and ensure consistent adherence to the company's policy and procedures
  • Complete special projects, when assigned
  • Perform other duties as assigned

Additional qualifications include

  • High School Degree Required - Associates degree or higher preferred
  • Bachelor's degree a plus
  • Minimum 1-2 years of experience in payables, billing, or operational accounting
  • Knowledge of truck, rail, and pipeline modes of transportation is a plus
  • Ability to work closely with logistics operations, accounting, and treasury
  • Ability to think critically, evaluating issues and make decisions
  • Proficiency with Microsoft Excel and Word, including complex/compound spreadsheets
  • SAP experience a plus
  • Oil & Gas/Energy industry experience preferred
  • Strong analytical and problem resolution skills required
  • Allegro or other ETRM experience a plus
  • Fluent in English, both oral and written required
  • Strong attention to detail and accuracy

About Us

At Par Pacific, we own and operate market-leading energy and infrastructure businesses in logistically-complex markets. We have built a team of oil and gas industry veterans and subject matter experts to lead our organization with an entrepreneurial spirit and a collaborative, problem solving approach. We bring our diverse strengths and motivation to complex markets where we seek out diamonds in the rough. As a nimble, growing organization, we actively pursue new opportunities with corporate financing know-how, respond to local market demands, and adapt to changing external environments.

More Good Reasons to work for Par Pacific

Unique Culture

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

Location, Location, Location

Because Par Pacific operates 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'll work is in the CityCentre in Houston, Texas, 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 and benefits

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. Full-time employees (and their families) are offered medical (with prescription coverage), dental, vision, voluntary critical illness, accident, life/AD&D insurance, Flexible Spending Account and Employee Assistance Program. Employees can purchase company stock at discounted prices through the Employee Stock Purchase Program.

Our Headquarters

Par Pacific Holdings, Inc., based in Houston, Texas, owns, manages and maintains interests in energy and infrastructure businesses. We are a growing energy company focused on renewable and conventional fuels in the Western United States. Par Pacific also owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado. Our common stock is publicly traded on the NYSE under the trading symbol "PARR".

Our Refineries and Logistics Operations

We own and operate refineries in Hawaii, Montana, Washington, and Wyoming, with total operating throughput capacity of over 218 Mbpd. Par Pacific owns and operates one of the largest energy networks in Hawaii with 94,000 bpd of operating refining capacity, a logistics system supplying the major islands of the state and 90 retail locations. In the Pacific Northwest and the Rockies, Par Pacific owns and operates 124,000 bpd of combined refining capacity, related multimodal logistics systems,

Our Retail Operations

We own and operate 90 retail locations in Hawaii under the Hele and 76 brands and 33 retail locations in Washington and Idaho under the nomnom brand.

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.

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