Houston, TX, US, 77077
CITGO PETROLEUM CORPORATION
CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.
At CITGO our people are our most important resource. Our core values are Safety, Integrity, Respect, Accountability, and Care.
Job Summary
This position performs Cash Forecasting and plays a crucial role in the management and optimization of liquidity. Responsible for analyzing and forecasting the company's cash position, ensuring efficient cash flow management, and providing strategic recommendations to support financial decision-making. Conduct routine statistical/quantitative analysis of short-term liquidity. Coordinate and analyze data related to company cash balances and cash flows for reports to management and other CITGO personnel. Create, maintain and analyze forecast database(s) and Power BI reporting. This position is responsible for completing basic Treasury Cash process analysis related to forecasting short-term liquidity, establish requirements and criteria to measure effectiveness of CITGO’s forecasting process, and recommend changes as necessary
Minimum Qualifications
Bachelors degree
Zero years experience
- Excellent analytical and problem-solving skills with a keen attention to detail
- Strong communication and interpersonal skills to collaborate effectively with cross-functional teams and external stakeholders
- Power BI
- Advanced Microsoft Excel skills
Specialized knowledge, skills, abilities, and experience preferred (this will be included on the job posting):
- Strong understanding of financial concepts, cash flow analysis, and forecasting techniques
- Proficiency in financial modeling
- Knowledge of treasury management systems (TMS) and enterprise resource planning (ERP) systems
- Familiarity with banking products, cash management services, and financial instruments
Familiarity with statistics and regression analysis.
Job Duties
1. Cash Flow Analysis and Forecasting: Utilize historical data, financial models, and market trends to analyze and forecast the company's cash position on a short-term and medium-term basis. Monitor and assess cash inflows and outflows, identify gaps between cash flows in the forecast and anticipated cash flows, and develop accurate cash flow projections to support financial planning and decision-making.
2. Financial Reporting and Analysis: Prepare regular cash flow forecast reports and variance analysis to monitor the company's liquidity position. Transition current Excel-based reporting to Power BI, leveraging data from Kyriba and SAP. Identify key trends, risks, and opportunities related to cash flow management, providing actionable insights to senior management and key stakeholders.
3. Treasury Operations: Support day-to-day treasury operations, including cash positioning, fund transfers, cash pooling, and bank relationship management. Assist in the implementation and maintenance of Kyriba and Power BI to improve operational efficiency.
4. Perform special projects associated with Treasury Operations.
Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned.
Here are the incentives we offer:
• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Caregiver Leave
• Excellent 401(k) Match
• Pension Plan
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)
PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.
Requisition ID - 1201
Nearest Major Market: Houston