Senior Manager, Accounting Policy

Company: LyondellBasell
Location: Houston
Posted on: May 28, 2023

Job Description:

LyondellBasell


Come Join an Inclusive Team:

Reporting to the Controller, External Reporting and Policy the purpose of the role is to play an integral part in interacting with and advising LyondellBasell's senior management on technical accounting matters related to US GAAP and IFRS, as well as participate in strategic projects and transactions. This highly-visible position will develop and maintain close business relationships with various disciplines throughout the organization including Financial Planning and Analysis, Segment Controlling, CAO Controllers, Global Shared Services, Treasury, Tax, Legal and the Merger and Acquisitions team.
This person will be a technical accounting subject matter expert and required to have a strong working knowledge in many of the following areas: business combinations; divestitures; inventory; property, plant and equipment; leasing; impairment; segment reporting; debt and equity securities; equity method and segment reporting. This person will be required to be able to explain complex concepts to non-accountants and lead or influence cross functional teams to resolve issues.


Day in the Life:

• As a subject matter expert, work with the business and others in the organization to identify, resolve and document complex accounting issues and pending transactions.
• Prepare and review accounting memoranda providing documentation of the Company's application of accounting principles to specific transactions or events.
• Evaluate various complex transaction structures against US GAAP and IFRS, recommends alternative structures to meet business and financial needs while complying with accounting principles and regulations.
• Support LyondellBasell's mergers and acquisition transaction team, participating in different strategic projects with internal cross functional teams and external advisors (i.e. financials due diligence, integration activities, divestitures)
• Coordinate and effectively communicate with various departments throughout the company and all levels of management regarding accounting issues.
• Monitors standard-setters for latest accounting regulations, analyzes impact of new/emerging regulations on the company and proactively develops policy to address standard adoption and implementation.
• Lead training sessions for company-wide finance personnel on both US GAAP and IFRS accounting.
• Maintains strong relationship with external auditors; confers with external auditors on various transactions; documents transactions and decisions.
• Strong SEC reporting knowledge needed and the ability to review SEC filings and the IFRS annual financial reporting to provide value-added comments in the process.
• Drives continuous process improvements to mitigate risks throughout the organization.
• A valuable member of the Finance team who leads by example and contributes to and effectively influences decisions.
• Serve as a mentor to others and has the ability to coach and develop team members.
• Work with other accounting departments in implementing new accounting standards.
• Integral to the finance function talent recruitment and development efforts.
  
  
  You Bring This Value:
  
  
  
  • Bachelor's degree in accounting is required.
  • Typically 12+ years accounting experience - solid technical accounting knowledge in many of the following areas: business combinations; divestitures; valuation; inventory; property, plant and equipment; leasing; impairment; segment reporting; derivatives and hedging; debt and equity securities; equity method and segment reporting.
  • Minimum 8 years of Big 4 public accounting experience.
  • Professional Accounting Certification (CPA or Chartered Accountant) is required.
  • Experience working in a fast-paced environment.
  • Public firm transaction related experience is strongly preferred.
  • Public firm National (Technical) Office or international assignment experience is a plus.
  • An understanding of SEC reporting is preferred.
    
    
    This is What We Offer:
    
    We offer employees a competitive total compensation package, which includes base pay and variable incentive pay programs. This supports a pay-for-performance culture, recognizing both individual and company performance, as well as benefit programs that are highly attractive and competitive within the markets for which we compete for talent.
    
    
    • The Company's Global Remote Work Policy allows eligible employees the option to work up to three days a week from home.
    • 401(k) Plan with Company Match
    • Retirement (Pension) Plan
    • Employee Stock Purchase Plan
    • Educational Assistance
    • Choice of Preferred Provider or Consumer Driven Medical Plan including Prescription Drug Coverage
    • Dental, Vision and Employee Assistance Program
    • Flexible Spending Accounts
    • Life, AD&D and LTD Insurance
      #LI-HYBRID #LI-LM2
      
      
      Competencies
      
      Builds effective teams
      Collaborates
      Cultivates innovation
      Customer focus
      Demonstrates courage
      Drives results
      Ensures accountability
      Instills trust and exemplifies integrity
      We are LyondellBasell - a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
      Must be at least 18 years of age and must be legally authorized to work in the United States (US) on a permanent basis without visa sponsorship.
      LyondellBasell does not accept or retain unsolicited r--sum--s or phone calls and/or respond to them or to any third party representing job seekers.
      LyondellBasell is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected characteristics. The US EEO is the Law poster is available here.
      
      Nearest Major Market: Houston

Keywords: LyondellBasell, Houston , Senior Manager, Accounting Policy, Executive , Houston, Texas