Job description

Colonial Oil Industries, Inc. (COI) is one of the largest independent oil companies in the Southeast and has been serving the region since 1921. With strategic ocean terminals in Savannah, GA; Charleston, SC; and Jacksonville, FL; as well as numerous terminals along the Colonial and Plantation Pipeline, COI has an extensive network to supply gasoline and diesel fuel to the Southeast.

Build Your Career, Impact Your Community, Join Our Colonial Family!

Under the direction of the Colonial Oil Controller, the Accounting Analyst is responsible for tasks relating to general accounting functions and risk analysis. This position is responsible for a variety of daily, weekly, and monthly accounting and analysis tasks associated with Colonial Group’s accounting and risk processes.

JOB EXPECTATIONS/DUTIES

• Analyze financial and risk transactions and accounts to determine accuracy and completeness of entries, including NYMEX accounting entries and sign off on monthly PNL analysis.
• Review, investigate and correct errors and inconsistencies in financial entries, documents, and reports.
• Analyze and report cargo costing.
• Research and respond to accounting inquiries from various personnel and communicate findings in a clear and concise manner.
• Develop an in-depth working knowledge of all operational and accounting computer software/equipment systems that impact the accounting and financial reporting processes.
• Ensure that all deadlines are met in accordance with department closing dates.
• Create journal entries including but not limited to, recording revenues, expenses, inventory, and other miscellaneous transactions of certain company subsidiaries.
• Communicate with credit team on cash disbursement estimates for pipeline and cargos.
• Back-up for accounts receivable and accounts payable processing.
• Prepare various monthly account reconciliations which may include inventory, receivables, payables, accrued expenses, and other accounts. This responsibility includes any daily or weekly processes that lead to the overall reconciliation of the monthly activity.
• Other special projects, reports, tasks, and financial assessments as assigned by the Colonial Oil Controller or Senior Management.

POSITION REQUIREMENTS

• Bachelor’s degree in Accounting or Finance.
• 3-5 years of accounting experience.
• Crude and Refined Products, terminal operations and/or wholesale/distribution industry experience preferred.
• Allegro (Horizon) experience preferred.

Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

While performing the duties of this job, the employee is regularly required to sit, stand, walk, and may occasionally lift and/or move up to 50 pounds.

Eligibility Requirements:
Hiring is contingent upon eligibility to work in the United States.

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Colonial Group, Inc. is an EEO/AA employer and committed to creating an environment that values and supports diversity and inclusiveness across our organizations.

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