Corporate Financial Planning & Analysis Manager

Job Summary

CITGO Petroleum Corporation seeks a Corporate Financial Planning & Analysis Manager to work in Houston, TX. The role involves analyzing and communicating the product of the financial model, running alternative scenarios, developing reports, and devising other tools to communicate results to senior leadership. A particular focus is on the forecast implications for liquidity and debt covenants, and engagement with the Controller and other Finance department management as necessary to address issues pertaining to these items.

Minimum Qualifications

• Minimum Education: Bachelor’s degree in Accounting, Business, or Engineering

• Minimum Experience: 8 years of progressively responsible experience with each of the following:

  • Supervising finance team, including directing work, conducting performance reviews, training/developing employees, and conflict resolution
  • Analysis, reporting, and making recommendations of the financial model to senior leaders
  • Developing, optimizing, and implementing efficient Financial Planning & Analysis (FP&A) processes
  • Working in cross-functional teams across the organization
  • Creating comprehensive solutions using Oracle Planning and Budgeting Cloud Service software/programs for financial planning and budgeting needs
  • Developing KPIs, Operational, Analytical, and Executive dashboards, and Variance Analysis
  • Collaborating with and presenting to multiple stakeholders across the organization including C-Suite
  • Oracle FP&A solutions including Planning and Budgeting Cloud Service (PBCS), Financial Reporting, Data Management, Smart View, and Narrative Reporting
  • SAP, SAP Business Planning and Consolidation (BPC), and Hyperion Strategic Finance (HSF)

Job Duties

• Analysis/Reporting/Recommendations: This position is charged with analyzing and communicating the product of the financial model, will be called upon to run alternative scenarios, develop reports, and devise other tools to communicate results to senior leadership, maintains a particular focus of attention on the forecast implications for liquidity and debt covenants, and engages the Controller and other Finance department management as necessary to address issues pertaining to these items.

• Budgeting/Forecasting system: Create a comprehensive cloud based solution using Oracle Planning and Budgeting Cloud Service (PBCS). This solution should eliminate the need to use spreadsheets for planning and budgeting needs, have the ability to plan across all financial statements (revenues, expenses, balance sheet), slowly get all business units (Corporate, refining, non-refining) in the company into the system in phases, analyze all the internal and external reporting needs including all the financial, operational, and variance analysis requirements and build reports, high-level experience in dealing with multiple stakeholders across organizations in a company and getting them on-board with implementing a solution that will address all their FP&A needs, vast experience in developing KPIs, dashboards, and variance analysis.

• Model Maintenance: Continually review the financial model, with a focus on the forecast period, to ensure model logic and data integrity. Perform periodic hierarchy maintenance (add/modify account, entity, material etc.), update data mappings, and modify the financial/operational reports to ensure that the latest changes are captured.

• Experience in implementing efficient processes to handle periodic activities like monthly actual, plan, and forecast data loads, volume/price analysis and variance reporting. Continue to implement enhancements by engaging with the various stakeholders to improve the FP&A processes.

• Miscellaneous: Supports other activities of the Corporate FP&A team, Controllers, and other Finance teams including:

  • Personnel management
  • Leading team of 3-5 direct reports, directing work, conducting performance reviews, training/developing employees, conflict resolution
  • Develop documentation and train the administrators, power users, and end users in the FP&A tools and processes so that they can be efficient in their job duties.
  • Preparation of financial results for presentations to senior executive leadership team such as, what-if scenarios for liquidity and debt covenants, acquisition and divestiture scenarios