Westlake · 1 hour ago
Senior Accountant
Westlake is seeking a Senior Accountant responsible for all plant accounting functions and variance analysis. The role involves daily interaction with Operations Managers and production staff to ensure compliance with financial objectives and maintain accounting controls.
ChemicalManufacturingMedical
Responsibilities
Responsible for the accounting of a specific manufacturing plant including complete ownership of the P&L, Manufacturing Statement and Balance Sheet accounts
Operate as the key financial accountant for assigned plant, providing overall control of the balance sheet and P&L for assigned plant. Coordinate and communicate with plant staff regarding corporate objectives, guidelines, procedures and policies and ensure compliance with same. Coordinate and support activities across multiple locations and departments
Manage multiple deadlines and respond quickly to management, plant, and other departmental requests
Execute month-end, quarter-end, and annual close duties, including accruals and reviewing financial information to ensure the financials are accurately and timely reported. Prepare and post journal entries. Maintain proper documentation for required approvals
Ensure adherence to and effectiveness of internal control in own area of responsibility
Maintain general and supporting sub-ledgers and prepare monthly, quarterly and annual reconciliations, for assigned locations and accounts
On a monthly basis, analyze variances both pre- and post- close. Understand root cause and drive for corrective action. Preparation of monthly variance analysis and reporting packages for various Management team versus budget, prior year, and forecast analysis. Additional period analysis may be required
On a monthly basis, analyze the Inventory Change P&L Accounts. Identify, explain, and report on manufacturing variances from standards
Prepare and distribute daily, monthly, and quarterly reports, including the monthly reporting packages including variance analysis
Preparation of monthly forecasts and annual operating expense and capital budgets. Presentations of forecast and budget to Management are required
Prepare AFE, including development of payback financial calculations. Review AFE's for compliance, financial integrity, and accuracy, as well as supervise the tracking of the AFE through the approval process
Forecasting of Capital spending is required monthly. Subsequent AFE closures and writeoffs are to be created and submitted in a timely manner
Ensure accuracy of fixed assets. Assist with the periodic verification (count) of fixed assets, ensuring that counts are properly executed and adjustments timely posted. Monitor and process fixed asset disposals and transfers to ensure the accounting is correct
Ensure accuracy of inventory. Assist with the periodic inventory verification process, ensuring that counts are being properly performed within corporate guidelines and that adjustments are timely posted
Perform month-end inventory revaluation procedures, establish slow moving/obsolete reserves, and handle overall costing of inventory. Ensure bills of materials and inventory costs are accurate. Investigate month-end count variances and help with root-cause corrective actions. Support monthly inventory reporting
Ensure goods receipts are properly accrued and matched with vendor invoices, so that outstanding items are cleared timely (GRIR process). Ensure vendor invoices are properly processed by plant and purchasing personnel by coordinating and leading resolution efforts
Process lease recognition requirements monthly
Process AP/AR intercompany transactions between companies and balance monthly with counterparts
Assist plant management with the cost savings/profit improvement programs. Establish the savings tracking models. Verify financial information on the cost savings/profit improvement plans to ensure accuracy
Share best practices with other team members. Occasionally, serving as a back-up when individuals are on vacation or absent. Cross train others as needed. Attend regular group trainings
Research and application of technical US GAAP requirements. Identify and lead continuous improvement initiatives
Facilitate internal and external audit needs
Perform additional ad-hoc analysis and reporting, as requested. Other duties and analysis as assigned by Manager
Qualification
Required
Bachelor's Degree in Accounting with three plus years of progressive accounting experience in public accounting or four to five years in industry
Knowledge of cost accounting principles, financial statement preparation and analysis
Skills necessary analytically to review/analyze accounting and financial data, substantiate financial statement balances as well as prepare financial statement account reconciliation
Ability to consistently meet deadlines
Excellent communication and interpersonal skills
Ability to work and communicate effectively at all organizational levels and across functional areas
Skill at identifying, measuring, evaluating and improving, if needed, the effectiveness of accounting, managerial, financial and operational controls
Thorough attention to detail and accuracy
Excellent problems resolution and decision-making skills
Sound planning and organizational skills and the ability to handle multiple concurrent assignments
Maintains professionalism and reacts well under pressure
Ability to work both independently and in a team environment
Demonstrated leadership as part of a cross-functional management team
Proficiency with Microsoft Office including Excel
Preferred
CPA, CMA, or Master's degree
Cost accounting experience
Experience in a manufacturing environment working with A/P, General Accounting, Payroll, Inventories, Fixed Assets, Cash Accounting, Financial Analysis & Reporting and Multi-plant and budgeting
Knowledge of SAP and BPC accounting systems
Company
Westlake
Westlake is a manufacturer and supplier of petrochemicals, polymers and building products. It is a sub-organization of Westlake Chemical Partners.
H1B Sponsorship
Westlake has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
2022 (2)
2021 (7)
2020 (9)
Funding
Current Stage
Public CompanyTotal Funding
$1.2B2025-11-04Post Ipo Debt· $1.2B
2017-01-07Post Ipo Equity
2004-08-11IPO
Recent News
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2025-11-10
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2025-11-04
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