Company Info

Headquartered in Taylor, Mich., Atlas Oil is the inaugural Simon Group Holdings company. Since our founding in 1985, Atlas has grown through technological and operational innovation, all while maintaining our unwavering commitment to customer success. Atlas offers single-source solutions for fuel, transportation and logistics and is one of the largest fuel distributors in the country, delivering over 1 billion gallons of fuel annually to customers in 47 states. We have an active real estate division and are engaged in transportation logistics and fueling including bulk, fleet, event, onsite, emergency response, and oil field services.

Atlas has a unique, entrepreneurial culture.  We work hard, love what we do, focus on customers and have fun in the process!  Our phenomenal growth is attributable to our people and that’s why we are successful in recruiting top talent. As an Atlas team member, you’ll receive the support of the entire Atlas team and be encouraged to learn and grow with us.

Atlas Oil offers its employees a full benefits package that includes medical, dental, and vision options. We also offer life insurance, 401k that includes a company match and paid time off. In addition to that, we offer tuition reimbursement to assist our team members in their professional development.

If you are driven to be the best you can be and are looking for an organization to match your high standards, look no further!

Job Summary

Responsible for all accounting activities, including components of financial statements, financial forecasting, audits, internal controls and valuation of hedging/trading portfolio.  This position will be required to manage specialized work efficiently, with confidence and competence.  Above average attention to details, concern for exact correctness of work, and a strong commitment to tasks completed on time,  is a must for this role.  This position is located at our Houston, Texas office.

Required Education / Certifications

• Bachelors Degree in Accounting or related field
• Certified Public Accountant (CPA) credential is preferred
• MBA is preferred

Primary Responsibilities and Scope

• General finance/accounting functions
  • Prepare financial statements and analysis of financial results
  • Review general ledger accounts for integrity; including account analyses and reconciliations to ensure financial statements are in compliance with GAAP
  • Prepare forecasts and forecast-to-actual variance analyses
  • Review, oversee and analyze daily financial activity for various areas in the Commercial business unit
  • Provide guidance and support on new transaction types and how they should be reported
  • Develop sensitivity analysis models and performance reports to understand the profit potential of the existing business
  • Develop and streamline the reporting of derivative positions for risk assessment and financial statement purposes
  • Maintains current knowledge on relevant GAAP principles with a focus on the petroleum industry
  • Ensure accounting systems and procedures are in compliance with company policies and acceptable accounting practices
  • Document and test control activities for revenue recognition, financial statements closing process, derivative trading, customer fixed price contract hedging, inventory hedging and other
  • Interact with internal and external auditors 

• General business
  • Provide advice to senior leadership on financial, operational and strategic business matters
  • Evaluate sales contracts against current market conditions tracking results and documenting results
  • Support contract negotiation process and mitigate risks
  • Communicate with various stakeholders to resolve discrepancies when performing trade checks
  • Provide separate “set of eyes” in the Houston office independent of the front office
  • Respond to ad-hoc queries from the Commercial Supply and Trading team and executive management
  • Perform other related duties as assigned
  • Secondary cost reconciliation
  • Billing and confirmation for invoicing

• Internal controls
  • Maintaining, implementing, enforcing and improving internal controls and associated documentation
  • Maintain internal controls for hedging frameworks and develop tools and processes to better manage risk exposure 

• Hedging / accounting for derivatives
  • Track and review daily valuation/mark-to-market of hedging/trading commodities portfolio
  • Assist with monitoring and analysis of market conditions, regulatory changes, and financial instruments to help support hedging strategy
  • Reconcile internal records of derivatives trading activity with broker statements; compute and reconcile daily P&L with broker statements; reconcile physical inventories; research and rectify discrepancies
  • Assess risk associated with any un-hedged (outright or basis) positions
  • Monitor and assess performance and risk associated with customer fixed price contracts and associated hedge positions
  • Analyze and verify trader deals and calculate position worth
  • Monitor transaction activity to ensure desired hedging strategies are independently evaluated
  • Assist in the process for gaining approval from senior management for hedging strategies
  • Provide periodic (monthly) price testing for product curves (current and forward price mark verification)

• Process improvement
  • Develop process improvements giving consideration to effectiveness of internal controls and time efficiencies

Required Experience

• Minimum of five (5) years of experience in progressive accounting positions
• Minimum two (2) years of experience as a Controller is preferred
• Previous “Big Four” public accounting experience is preferred
• Experience using ERP or accounting software (Ascend is preferred)
• 3 to 5 years of experience using SRA (Solarc Right Angle) software
• Highly proficient in Microsoft Office (Excel, Word, PowerPoint and Outlook)
• Knowledgeable of commonly used concepts, practices and procedures within Accounting & Finance
• Direct experience in the petroleum industry and/or trading operation (commodities)
• Risk (oil trading) proficiency; 2 to 3 years of experience in risk evaluation.
• Experience with Sarbanes Oxley is preferred
• Strong personality able to work with the Houston team while recognizing the control role and independent responsibilities within the Atlas financial organization