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Senior Manager, Treasury Reporting

Date: Feb 15, 2019

Location: TN:Brentwood, TN - Tennessee, US, 37067

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Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, renewable fuels and convenience store retailing.  The refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.

 

The logistics operations primarily consist of Delek Logistics Partners, LP.  Delek US Holdings, Inc.and its affiliates own approximately 63% (including the 2 percent general partner interest) of Delek Logistics Partners, LP.  Delek Logistics Partners, LP (NYSE:DKL) is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets.

 

The convenience store retail business is the largest 7-Eleven licensee in the United States and operates approximately 300 convenience stores in central and west Texas and New Mexico.

The Senior Manager, Treasury Reporting will manage hedge trade database for all swap, options and futures transactions by counterparty and across various segments, in order to generate open positions to reflect mark-to-market pricing to prepare profit and loss reports monthly on commodity and interest rate hedges. 

 

Major Duties and Responsibilities: 

  • Import new trade and pricing files into SAP daily.  Export the data once captured into SAP for review against counterparty confirmations for accuracy and completeness
  • Prepare and process all hedge settlements within SAP to ensure compliance with all audit procedures and timely payment or receipt of funds
  • Backup hedge counterparty incoming trade confirmation process
    • Review trader logs for the distribution of confirmations and to review trade details for accuracy
    • Ensure all  trade confirmations have the proper review and signature approvals by the appropriate officers
    • Provide assistance to Operations to address any discrepancies on trade issues with various counterparties
    • Maintain copies of trade confirmations as per audit requirements
  • Confirm settlement and generate invoices with counterparties monthly
  • Coordinate monthly hedge summary and results with Accounting for SEC reporting and distribution internally to executive management
  • Review cash margin threshold levels and requirements daily and prepare cash wire transfer requests to counterparties as needed 
  • Generate weekly cash margin position report for all hedges
  • Maintain all pricing tables within SAP monthly
  • Manage the setup of all business partner, commodity table and pricing source data needed within SAP system
  • Prepare and issue audit requested commodity confirmations
    • Carefully prepare confirms based on reviewed material
    • Submit confirms for review
    • Follow up with addressees to ensure receipt and return of signed audit confirm
    • Discuss confirm with external auditors as needed
  • Review and maintain ISDA and FCM agreements and Dodd-Frank compliancerequirements for all segments and with all brokers; negotiate and open new ISDA and FCM agreements in coordination with Operations
  • Maintain familiarity with all hedging reporting requirements as stated in GAAP
  • Serve as backup to wire review and release process
  • Serve as backup to debt and interest accrual process

 

Requirements – Skills/Knowledge/Abilities:

  • Experience reviewing contracts and account applications, especially hedge related documents and ISDA/FCM agreements
  • Commodity hedging experience preferred
  • General ledger experience in SAP a plus with general reconciliation experience
  • Advanced Excel skills are required
  • Organizational skills, preferably in a paperless environment
  • Accounting certification preferred

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin, disability status, protected veteran status, or any other characteristic protected by law. Equal Opportunity Employer/Disabled/Veterans.


Nearest Major Market: Nashville

Job Segment: ERP, Manager, Database, SAP, Technology, Management, Retail

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