Senior Manager - Credit & Operational Accounting

Job Description:

The Senior Credit Manager is responsible for managing a group that underwrites and monitors the credit lines of fuel products trading counterparties.  This individual performs and oversees credit analysis for each counterparty and leads the credit approval process for each counterparty of Gulf Inc., and RaceTrac’s wholesale fuel subsidiary. In addition to leading the credit approval process, the Senior Credit Manager is responsible for overseeing daily reporting and forecasting on credit line utilization. This individual works to ensure that credit is provided to RaceTrac and Gulf Inc. for fuel being purchase. 

What You'll Do:

• Oversee the credit analysis and credit approval process for Metroplex counterparties

• Provide and develop meaningful reporting and analysis as it relates to settlements and credit.    

• Manage the Metroplex Settlement teams ensuring inventory is reconciled and AR and AP transactions are settled accurately (both bulk and rack transactions). 

• Ensure the team reconciles and closes inventory timely and accurately at month end. 

• Ensure inventory transactions are accurately reflected in the financial records. Provides guidance for new or non-routine inventory transactions to ensure the financial transactions are complete and in accordance with GAAP. 

• Ensures all payments for wholesale purchases are reviewed and approved. 

• Helps to support the professional development of Metroplex team members

• Develops and maintains strong relationships with internal departments, i.e. front office, tax, and RPI accounting

• Perform ad-hoc assignments as needed

• Assists in developing solutions to financial and operational processes for inventory functions, policies and procedures

• Actively participates and communicates the strategic vision of the Metroplex accounting department as well as companywide initiatives.

What We're Looking For:

• Bachelor’s Degree from an accredited college or university in Finance, Economics, Accounting, or a related field

• 8+ years experience in wholesale fuel credit function

• Banking, underwriting, or commercial trade credit background preferred

• Proficient in Microsoft suite, specifically Excel required

• Commercial bulk commodities experience preferred

• Moody’s or other S&P credit software experience a plus

• Strong understanding and working knowledge of US GAAP

• Advanced experience using MS Office Suite, particularly Excel

#Gulf

Fueled by Growth, Driven by You

At RaceTrac, our people make the difference. Whether you’re working in a store, at our corporate office, or on the road, you’ll be part of a team that brings energy, innovation, and a passion for serving others every day. We support each other, celebrate wins big and small, and create opportunities for growth at every level. With four operating divisions RaceTrac, RaceWay, Energy Dispatch, and Gulf - there’s always a new challenge to take on and a new path to pursue. Join us and discover how far your career can go. 

To see what #LifeatRaceTrac is like, visit our LinkedIn, Facebook, and Instagram pages.

All qualified applicants will receive consideration for employment with RaceTrac without regard to their race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

Responsibilities:

• Oversee the credit analysis and credit approval process for Metroplex counterparties
• Provide and develop meaningful reporting and analysis as it relates to settlements and credit.    
• Manage the Metroplex Settlement teams ensuring inventory is reconciled and AR and AP transactions are settled accurately (both bulk and rack transactions). 
• Ensure the team reconciles and closes inventory timely and accurately at month end. 
• Ensure inventory transactions are accurately reflected in the financial records. Provides guidance for new or non-routine inventory transactions to ensure the financial transactions are complete and in accordance with GAAP. 
• Ensures all payments for wholesale purchases are reviewed and approved. 
• Helps to support the professional development of Metroplex team members
• Develops and maintains strong relationships with internal departments, i.e. front office, tax, and RPI accounting
• Perform ad-hoc assignments as needed
• Assists in developing solutions to financial and operational processes for inventory functions, policies and procedures
• Actively participates and communicates the strategic vision of the Metroplex accounting department as well as companywide initiatives.  

Qualifications:

All qualified applicants will receive consideration for employment with RaceTrac without regard to their race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.