Senergy Petroleum is currently seeking a VP of Accounting and Finance. The VP of Accounting & Finance leads the Accounting, Financial Planning and Analysis (FP&A), and related back-office administrative teams to improve the company’s financial performance and continued growth.
Senergy is one of the largest wholesale fuel and lubricant distributors in the Western United States with over 40 locations. Senergy has been operating for over 80 years and is proud of its state-of-the-art fleet, systems, and the best team in the business.
The VP of Accounting and Finance will primarily be focused on:
Lead the Team
Lead and inspire a high-performing team, fostering a culture of accountability, productivity, collaboration, and continuous improvement.
Empower team to drive process efficiencies, improvements, and embrace a growth mindset to achieve collective success.
Own Accounting
Ensure the Company’s Financial Statements, tax and other compliance related reports are accurate and completed on time.
Ensure operational cash flow and financing activity is managed appropriately to support the current and anticipated future needs of the business.
Develop and implement accounting controls to manage business risks, including customer billing processes, credit management, accounts receivable & cash applications, inventory reconciliation, banking covenants, etc.
Own Financial Planning & Analysis
Lead FP&A efforts for the Company.
Lead operating and capital budgeting processes.
Assess business channel/profit center profitability and cost-to-serve performance, modeling cost-benefits and risk/reward impacts of potential enhancements.
Analyze financial trends and patterns with a focus on driving business improvement solutions.
Communicate and report financial variances with a priority focus on root cause identification and resolution.
Analyze and project cash flow and capital needs to ensure sufficient liquidity to support current business operations and projected growth.
Support M&A activities through forensic data review, historical & pro-forma economic future-state modeling, due diligence analysis, valuation, and post-transaction integration synergies.
Support Company Management
Collaborate with Operations, Marketing, Accounting, HR, IT/IS, Sales, Supply/Procurement, Safety, and other management stakeholders as a financial partner, providing insightful performance, variance, and trend analysis, scenario modeling, and facilitate tactical and strategic decision-making processes.
Help determine success criteria and KPIs to evaluate initiatives and measure results
Assist team members as needed with ‘deep dive’ analysis for areas of business concern and to analyze potential new programs.
Drive Operational Excellence
Identify cost savings opportunities and reduce waste.
Recommend ideas to improve operating efficiency.
Work collaboratively with leadership team to explore new sources of revenue.
The preferred candidate for the VP of Accounting will have the following:
Bachelor’s Degree in Accounting, Finance or a related field.
Minimum of 10 years’ experience in accounting, finance, and related disciplines.
Minimum of five years' experience in senior leadership roles of accounting or finance.
Strong team leadership, management, and organizational abilities.
Strong interpersonal skills, public speaking skills, and the ability to cultivate relationships with senior leadership, owners/investors, banks, and professional services providers.
Ability to think critically and creatively and thrive in a fast-paced, dynamic, and often ambiguous work environment.
Project management skills.
Significant ERP, Power BI, and Microsoft Excel expertise.
Attention to detail to ensure accuracy of reporting.
The following are strongly preferred:
MBA and/or advanced Accounting/Finance degree
CPA or CMA
FP&A experience
Experience with large M&A activities
Previous VP or CFO level experience