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VP, Corporate Controller

Brentwood, TN, USA | Delek

  • Industry:
    Energy / Renewable Energy / Oil & Gas
  • Position Type:
  • Functions:
    Accounting / Control
  • Experience:
    20+ years
Job Description:
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Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, renewable fuels and convenience store retailing.The refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.

The logistics operations primarily consist of Delek Logistics Partners, LP.Delek US Holdings, Inc.and its affiliates own approximately 63% (including the 2 percent general partner interest) of Delek Logistics Partners, LP.Delek Logistics Partners, LP (NYSEDKL) is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets.

The convenience store retail business is the largest 7-Eleven licensee in the United States and operates approximately 300 convenience stores in central and west Texas and New Mexico.

Job Summary

The Vice President, Corporate Controller will be responsible for leading the accounting function for Delek US Holdings and Delek Logistics. This is a strategic leadership position focused on process improvement, leveraging technology and developing the team.This position requires a leader with strong analytical and strategic abilities who can effective manage the accounting process.The ideal candidate has a strong foundational knowledge of US Gaap and understands the SEC reporting requirements in order to effectively interface with the external reporting area.This position is responsible for maintaining and implementing accounting policy, process improvements, and system implementations/upgrades (ERP and underlying trade system).Delek is a growth organization which requires the VP, Controller to lead ongoing operational M&A activities.  

The Vice President, Corporate Controller will be the Finance point person that partners with business leaders ensuring that the accounting process effectively supports the current business as well as focusing on future improvements.This role will interface with a large group of finance and business leaders such as the Tax VP, SEC and Technical VP, Controls and Systems Director, Internal Audit VP, Treasury VP, Middle Office Director, and various other cross functional areas including the business units. 

Specific Responsibilities

Lead and direct the activities of a large team (>100) that could include the following teamsCorporate Accounting, Commercial/Refining/Retail Accounting, General Accounting, and Accounting Services

Ensure that the accounting process is US Gaap compliant

Ensure compliance with Delek’s SOX 404 Controls to ensure that they are strategically managed

Oversee the accumulation and consolidation of all financial data necessary for an accurate accounting of consolidated business results

Work with the IT Department to ensure that Finance and Accounting ERP (SAP) and trade systems are properly recording and reporting financial information.

Manage the development of accounting processes and procedures to create the Delek US financial statements interfacing with all requisite teams across the organization. 

Provide assistance in reviewing all external SEC filings for accurate financial reporting of all Delek US consolidated companies

Work closely with the SEC external financial reporting team and external auditors to ensure a quality process during the annual audit and quarterly reviews

Provide assistance to all Operational Business Units in developing financial processes that provide efficient and transparent recording of all company financial transactions (this includes generation of new ideas to improve the process)

Provide assistance as needed to each of the Segment Operations’ groups regarding all shared services activities

Responsible for hiring, training, developing, and retention of all staff levels

Candidate Profile

The successful candidate will be a strategically oriented VP, Corporate Controller with a strong track record of driving change and successful business results.He/she must be comfortable operating in a very complex environment that is extremely fast-paced and must have a demonstrated ability to add value to such a business.In addition, this ideal candidate will have a continuous- improvement focus and seek ways to support the transformation of the accounting organization.

The ideal candidate will have successfully demonstrated the roles and responsibilities outlined above and should possess the following knowledge and technical experience

Bachelor’s Degree in Accounting or Finance.CPA required.

Twenty (20) years of accounting experience with at least 10+ years as a leader of leaders with an organization in excess of 100 team members.

Refining industry experience required

Understanding of accounting processes, information drivers, control points, systems weaknesses, and a thorough understanding of GAAP accounting theory

Proficient knowledge of SAP accounting systems (strongly preferred)

Ability to build a consensus, collaborate to achieve results, identify obstacles and create a sustainable and scalable plan to overcome.Deliver on due dates with a high level of accuracy and ensure entire team follows suit

Strong technical acumen with a proven ability to apply accounting rules in the context of, and in support of, business decision-making

Strong leadership skills with the ability to motivate, coach, mentor, develop and teach through others

Strong organizational agility with ability to interface at all levels of the organization

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