Financial Trade Support Analyst

6 days ago


Houston, Texas, United States Phillips Full time
Job Summary

We are seeking a highly skilled Derivatives Accounting Specialist to join our team at Phillips 66. As a key member of our Commercial Trading Business team, you will be responsible for providing accounting support to our trading business, ensuring accurate and timely financial reporting, and maintaining strong relationships with our trading floor, clearing brokers, and commercial support groups.

Key Responsibilities
  • Financial Trade Support: Provide accounting support to our trading business, including processing financial trades, performing daily cash settlements, and reconciling trade equity and cash.
  • Monthly Accounting Close: Perform monthly accounting close functions, including analyzing expiring options, liquidating realized trades, and communicating expiry positions to our traders.
  • Reporting and Analysis: Run month-end accounting reports, validate and post month-end close journal entries, and generate reports from COPA to verify and distribute monthly Derivatives earnings reports.
  • Collaboration and Communication: Develop strong working relationships with our trading floor, clearing brokers, and commercial support groups, including Risk, Pricing, and F&PA.
Requirements
  • Education: Bachelor's degree in accounting or finance.
  • Skills: Basic knowledge of Excel, strong communication and interpersonal skills, ability to multi-task, and detail-oriented with accurate data handling.
  • Preferred Qualifications: Master's degree, working knowledge of SAP, advanced Excel knowledge, and trading system experience.
Benefits

As a valued member of our team, you will enjoy a comprehensive benefits package, including an annual variable cash incentive program, 8% 401k company match, cash balance account pension, and medical, dental, and vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP.

About Phillips 66

Phillips 66 is a leading energy company with over 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives and are sustained by the backgrounds and experiences of our diverse teams. We value safety, honor, and commitment, and our cultural mindset is Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives, and achieve excellence.



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