POSITION SUMMARY
The Senior Yield Accountant is responsible for maintaining accurate production accounting records, analyzing material usage and yields, and reconciling physical inventory to system data, ensuring financial reporting reflects operational efficiency and cost control in a manufacturing environment.
EDUCATION REQUIREMENTS
- Bachelor’s degree in accounting or finance required.
EXPERIENCE REQUIREMENTS
- 4+ years of accounting experience.
- Experience within energy industry preferred.
- Experience with yield accounting software preferred.
- Intermediate Microsoft Office Suite skills.
- Data Entry and Reconciliation Skills: Ability to accurately enter and reconcile large volumes of data, with a strong attention to detail.
- Problem-Solving Skills: Excellent analytical and problem-solving abilities to identify and resolve discrepancies and complex yield balancing issues.
- Communication Skills: Strong verbal and written communication skills to effectively collaborate with internal and external stakeholders. Fluent in English, oral and written required.
- Flexibility: Ability to prioritize tasks and adjust work schedule to meet the business needs of the organization.
MAJOR ACCOUNTABILITIES
- Data Entry & Validation: Use yield accounting software to report daily volume and weight balances based on process inventories, shipments, and receipts in an accurate and timely manner.
- Reporting & Analysis: Prepare and distribute regular reporting on yields, including reconciled yield reports, production/shipping/receipts, consumption reports, and related government reporting.
- Participate in mass balance review to understand and explain discrepancies.
- System Optimization: Contribute to the ongoing improvement of yield accounting within yield accounting systems (e.g., AspenTech), identifying opportunities for automation, efficiency gains, enhanced data accuracy, and standardization amongst refineries.
- Cross functional collaboration: Orchestrate and maintain seamless communication as a liaison across Corporate and Plant personnel, ensuring accurate knowledge of manufacturing processes and meticulous recording of commodity movements, validating data used in yield calculations. Regularly communicate with management on work progress, opportunities, concerns, and questions.
- Documentation: Maintain clear and concise documentation of procedures and exceptions.
- Special Projects: Supports hydrocarbon loss control initiatives and other special projects.
- Compliance: Ensuring compliance with internal controls and company policies related to inventory and cost accounting.
EXPECTED RESULTS
- Accurate Financial Reporting: Ensure 100% accuracy and timely completion of all yield and material usage variance reports, contributing to a reliable monthly closing process. This includes required U.S. Energy Information Administration reporting.
- Strong Yield Analysis: Prepare and analyze daily/monthly material yield reports, identifying variances and losses. Working with plant personnel to produce clear, concise, and in-depth variance explanations that enable operational management to understand the root causes of performance deviations.
- Robust Data Integrity and Reporting:
- High Data Quality: The data within yield accounting system will be clean, consistent, and dependable, supporting robust reporting and analysis.
- Compliance: Adherence to internal policies and external regulatory requirements related to commodity movements and inventory. Maintain and document effective controls over material and inventory processes for internal and external audits.
- Streamlined Operational Efficiency:
- Automated Processes: Where applicable, this position will identify and implement opportunities to automate manual tasks, saving time and reducing human error.
- Improved Cross-Functional Collaboration: Effective communication and collaboration with operations, engineering, and accounting teams, leading to smoother handoffs.
Applicants must be eligible to work in the United States. The Company will not sponsor immigration or work visas.
CVR Energy is an Equal Employment Opportunity employer. We encourage qualified minority, female, veteran, and disabled candidates to apply.
Skills Required
- Bachelor's degree in accounting or finance
- 4+ years of accounting experience
- Intermediate Microsoft Office Suite skills
- Data entry and reconciliation skills with strong attention to detail
- Excellent analytical and problem-solving abilities
- Strong verbal and written communication skills
- Fluent English, oral and written
- Ability to prioritize tasks and adjust work schedule to meet business needs
- Experience within the energy industry
- Experience with yield accounting software
CVR Energy, Inc. Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CVR Energy, Inc. and has not been reviewed or approved by CVR Energy, Inc..
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Fair & Transparent Compensation — Cash pay is commonly described as competitive, and feedback suggests many employees feel their wages are fair for the work, particularly in plant, maintenance, and technical roles. Bonuses are frequently cited as meaningful additions to base pay, contributing to overall satisfaction when market conditions are favorable.
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Leave & Time Off Breadth — Paid time off, paid sick days, holidays, and parental leave are consistently included, and some accounts highlight ample PTO availability. These provisions help round out the package even when other benefits are perceived as average.
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Retirement Support — A 401(k) plan is part of the core offering, which feedback suggests contributes to a respectable baseline of financial benefits. Retirement coverage is regularly listed among the stable elements of the package.
CVR Energy, Inc. Insights
What We Do
Headquartered in Sugar Land, Texas, CVR Energy is a diversified holding company primarily engaged in the petroleum refining and marketing business through its interest in CVR Refining and the nitrogen fertilizer manufacturing business through its interest in CVR Partners, LP. Our Mission is to be a top-tier North American petroleum refining and nitrogen-based fertilizer Company as measured by safe and reliable operations, superior financial performance and profitable growth. The CVR Energy portfolio of companies employs approximately 1,480 employees and generated more than $6 billion in net sales in 2019. CVR Energy’s common stock is listed for trading on the New York Stock Exchange under the symbol "CVI."
