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Sr. Mgr., Consolid. & Internal Rptg

Company Name:  Lyondell Chemical Company

Houston, TX, US, 77010

Req ID:  74667
Facility:  One Houston Center-130
Department:  Internal Reporting
Division:  Finance

LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polypropylene compounds and the largest licensor of polyolefin technologies. In 2021, LyondellBasell was named to Fortune Magazine's list of the "World's Most Admired Companies" for the fourth consecutive year.

Basic Function

This role reports to the Senior Manager, Consolidations and Reporting. The purpose of the role is to play an integral part in interacting with and advising LyondellBasell's senior management on technical accounting matters related to US GAAP and IFRS, as well as the preparation and review for the reporting of financial results. This highly-visible position will develop and maintain close business relationships with various disciplines throughout the organization including Financial Planning and Analysis, Segment Controlling, Corporate Accounting, External Reporting and accounting policy,  Treasury, Tax, Legal and the Merger and Acquisitions team.
This person will be a technical accounting advisor and manager in the close process and required to have a strong working knowledge in many of the following areas: inventory; property, plant and equipment; leasing; impairment; segment reporting; derivatives and hedging; debt and equity securities; equity investments, consolidations, including the preparation of the primary financial statements for both US GAAP and IFRS. This person will be required to be able to explain complex concepts to non-accountants and lead or influence cross functional teams to resolve issues.  

Roles & Responsibilities

1.    Provide support to less experience team members on a daily basis.
2.    As a subject matter expert, work with the business and others in the organization to identify, resolve, document and practically implement complex accounting issues and pending transactions.
3.    Prepare and review accounting memoranda providing documentation of the Company’s application of accounting principles to specific transactions or events.
4.    Evaluate various complex transaction structures against US GAAP and IFRS, recommends alternative structures to meet business and financial needs while complying with accounting principles and regulations. 
5.    Perform technical accounting research and provide interpretation of ambiguous and complex accounting guidance to executed or pending transactions.
6.    Assist with the review of financial statements including Balance Sheet, Income Statement, Statement of Cash Flow, Statement of Stockholders Equity and Other Comprehensive Income.
7.    Work with External Reporting to ensure any new disclosures are able to be prepared efficiently through system driven data/solutions.
8.    Work with current staff to ensure validity of financial records through identifying, investigating and resolving discrepancies.
9.    Coordinate and effectively communicate with various departments throughout the company and all levels of management regarding accounting issues.
10.    Monitors standard-setters for latest accounting regulations, analyzes impact of new/emerging regulations on the company and proactively develops policy to address standard adoption and implementation.
11.    Working knowledge of the Company’s financial consolidation tools and reporting frameworks.
12.    Maintains strong relationship with external auditors; confers with external auditors on various transactions; documents transactions and decisions.
13.    Strong SEC reporting knowledge needed and the ability to review SEC filings and the IFRS annual financial reporting to provide value-added comments in the process.
14.    Works with the group in monitoring and maintenance of the internal reporting processes to ensure compliance with Sarbanes-Oxley requirements.
15.    Drives continuous process improvements to mitigate risks throughout the organization.
16.    A valuable member of the Finance team who leads by example and contributes to and effectively influences decisions.
17.    Fosters an environment of strong ethics, morale, leadership and teamwork.
18.    Has the ability to coach and develop team members.
19.    Work with other accounting departments in implementing new accounting standards.
20.    Integral to the finance function talent recruitment and development efforts.  

Min. Qualifications

•    Bachelor's Degree required with a major in Accounting or Finance. 
•    Professional Accounting Certification (CPA or Internationally recognized equivalent) is required. 
•    This position requires a minimum of 10+ years of financial accounting experience.
•    Working knowledge of USGAAP essential. 
•    Big 4 or mid-tier Public Accounting experience is preferred.
•    Working experience with Hyperion or OneStream and SAP preferred.
•    Working experience with Microsoft Office suite.
•    Strong analytical, organizational as well as verbal, written, and presentation skills.
•    A self-starter with the ability to prioritize multiple tasks and ability to work within tight deadlines.
•    Ability to work well with others in order to meet the expectations and requirements of internal and external customers.
•    Ability to apply critical thinking; i.e. ability to determine the necessary processes to accomplish various tasks in a timely manner, understand how to create efficient work flow, and how to simplify processes where applicable.
•    Ability to use rigorous logic and methods to solve difficult problems and provide effective solutions.
Position requires overtime during various times of the month/year.  Some travel may be required



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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