Senior Level
Product Accounting Analyst
Phillips 66

Salary: Competitive

Closing Date: Wednesday, 19 July 2017

For more information, click here.

Responsibilities may include :

  • Providing back-up to the Product Accounting Lead.
  • Verification, entry and reconciliation of wet stock purchase invoices within SAP.
  • Reconciliation and control of Marketing oil and product movements within SAP including:
  • Settlement of monthly exchange partner accounts;

  • Entry of third party terminal stock reconciliations and LPG co-mingled partner stock movements to SAP;

  • Reconciliation of duty recovered in sales to cost of duty account.

  • Reconciliation and control of Refinery oil & product movements within Oil Accounting System including:

  • Daily Coke production, sales & inventory and LPG Caverns.

  • Rail Loading movements from Humber Refinery.

  • Generate Refinery Production statement on Volume and Mass basis. Report results locally and corporately.

  • Calculation and payment of monthly excise duty liability.
  • Balance sheet reconciliation of all product and duty accounts.
  • Overseeing completion and reconciliation of monthly LIFO / FIFO inventory valuation.
  • Maintaining purchase contracts and wet stock materials in SAP.
  • Responsible for government reporting for wet product industry statistics.
  • Calculation of annual captive insurance statistics.
  • Perform duty netting calculations in accordance with HMRC guidance.
  • Prepare quarterly VAT return.


Basic/Required :

  • Legally authorised to work in the UK.
  • Strong financial and analytical background - part-qualified accountant or relevant accounting experience.
  • Strong interpersonal, communication and influencing skills.
  • Knowledge of IT Systems - Excel, SAP.
  • Understanding of Refinery process flows, oil movement’s procedures & principals would be advantageous.
  • Team player who is a self-starter and able to work independently.
  • Confidence to challenge status quo with good innovation and problem solving skills.


At Phillips 66, while "what" we do may be very different from person to person, there's a "how" that connects all of us. It is how we work, how we collaborate and how we succeed together. It's this shared "how" that our competency framework describes in detail. We call it the Keys to Success because it can unlock the potential within us all.

Keys to Success

  • Assoc: Adaptability—Adapt And Learn
  • Assoc: Building Collaborative Relationships—Form Relationships
  • Assoc: Communication—Communicate Openly
  • Assoc: Judgment—Apply Sound Logic
  • Assoc: Results Orientation—Seek Process Improvement

The Humber Refinery located in North East Lincolnshire, is one of the most complex refineries within the Phillips 66 portfolio and one of the most sophisticated in Europe, with a crude oil processing capacity of 221,000 barrels per day it refines the most economically advantaged crude oils to help shape today's energy landscape. The only coking refinery in the UK and the world's largest producer of speciality graphite cokes and the largest anode coke producer in Europe.

Company Overview :

Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company's master limited partnership, is an integral asset in the portfolio. Headquartered in Houston, the company has 14,600 employees committed to safety and operating excellence. Phillips 66 had $51 billion of assets as of March 31, 2017. For more information, visit or follow us on Twitter @Phillips66Co at .

To be considered:

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of 19 July 2017.

Phillips 66 is an Equal Opportunity Employer

Requisition ID: 37662

Department: RM&T Humber Refinery

Location: Great Britain - Northeast Lincolnshire - South Killingholme

Job Field: Accounting/Finance

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