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Senior Lead Inventory Accountant

Company Name:  Lyondell Chemical Company

Houston, TX, US, 77010

Req ID:  71942
Facility:  One Houston Center-130
Department:  OPAM
Division:  Finance

LyondellBasell (NYSE: LYB) is one of the world’s largest plastics, chemical and refining companies and a member of the S&P 500. LyondellBasell ( manufactures products at 55 sites in 17 countries.  LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including; packaging, electronics, automotive parts, home furnishings, construction materials and biofuels.

Basic Function

This position is responsible for ensuring accurate complete and timely inventory analysis and reporting as well as transactional processing with consistent application of global accounting procedures in line with policy.


Responsibilities include USGAAP and IFRS inventory accounting; LIFO and FIFO valuations and LCM calculations,  exchange accounting, account reconciliations, and third-party storage location reconciliation reviews.

This position is responsible to support and back-up the Global Process Owner (GPO) in various initiatives to improve and enhance the efficiency and effectiveness of the Inventory Accounting processes. 

This position should be able to act as subject matter expert (SME) on various topics working collaboratively across interfacing functions representing Inventory Accounting.  This position requires strong Inventory Accounting technical knowledge and problem-solving skills; able to troubleshoot issues with other departments (e.g. Supply Chain) and be a strong resource for the GPO.   Should be able to coach and guide the less experienced members of the Inventory Accounting team.

Roles & Responsibilities

Provide local support and guidance to the Inventory Accounting process team in delivering efficient and effective processes on behalf of business units.

Member of cross functional teams representing their region and process area as SME to ensure appropriate implementation of agreed improvement solutions.

Provide back up and support to GPO in their management of a high performing transactional processing team.

Flexible attitude towards availability and support of broader initiatives across Global Process Solutions (GPS) as applicable and agreed with Management team

Continue to seek and provide suggestions to GPO for process improvement initiatives.

Support and implement process improvement initiatives agreed with GPO.

Provide back-up to the GPO as the escalation point for regional process issues.  Encourage initiative and self-directed performance.

Understand expectations and take appropriate actions to continuously meet expectations of customers and governance functions in provision of accounting services.

Actively seek opportunities to exceed expectations of customers and governance functions.

Deliver to the expectations of the GPO in managing the respective processes ensuring tasks, activities and sub-processes are standardized, aligned across the team.  Provide back-up for other regional teams where required.

Provide decision support and analysis to GPO to ensure information/analysis provided is properly evaluated and supported.

Bring suggestions forward to the GPO for appropriate process performance metrics and indicators.

Provide support to the GPO for tracking implemented performance indicators and metrics and explaining trends in performance.

Perform SOx controls in accordance with internal control guidelines and maintain evidence of control for area of responsibility. 

Responsible to continuously seek opportunity to improve controls.

Implement and maintain desk top procedures for area of responsibility.

Min. Qualifications
  1. Bachelor’s degree in Accounting, Finance, or related discipline is required.  MBA is preferred.
  2. Minimum of 6 years of finance and/or accounting experience.
  3. SAP experience is required.
  4. CMA or CPA certification is preferred..
  5. Experience with Internal Controls and SOx requirements is required.
  6. Understanding of technical US GAAP across a variety of topics is required
Preferred Qualifications
Builds effective teams
Cultivates innovation
Customer focus
Demonstrates courage
Drives results
Ensures accountability
Instills trust and exemplifies integrity


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 résumés 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

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