Accounting at BWC Terminal Holdings Houston, Texas
disABLEDperson Inc
Accounting Manager
Headquartered in Houston, Texas, BWC Terminals is a premier provider of bulk liquid storage and logistics services to refiners, manufacturers, and distributors of bulk liquids in North America. The Company consists of 22 sites with over twenty million barrels of storage capacity. The BWC Terminals facilities are equipped to store a wide range of petroleum, chemical, renewables, and agricultural products.
The Accounting Manager supports the Corporate Controller in overseeing corporate accounting activities, technical accounting matters, and external financial reporting within a private-equity-backed operating environment. This role is responsible for preparing monthly, quarterly, and annual financial statements; supporting technical accounting analysis and M&A due diligence; managing debt covenant and compliance reporting; overseeing accounting for capital projects and corporate SG&A functions; and leading the Accounts Payable function.
Essential duties include:
- Assist the Corporate Controller in the preparation and review of consolidated monthly, quarterly, and annual financial statements in accordance with U.S. GAAP.
- Coordinate and execute corporate components of the financial close process, ensuring timely, accurate, and well-supported results.
- Prepare financial statement schedules, disclosures, and supporting documentation for management reporting, lenders, auditors, and other external stakeholders.
- Support external audit activities by preparing audit schedules, responding to auditor inquiries, and maintaining audit-ready documentation.
- Assist the Corporate Controller with technical accounting research and documentation related to complex accounting matters, including acquisitions, divestitures, leases, capital projects, debt arrangements, and other non-routine transactions.
- Play a key role in financial, accounting, and operational due diligence related to M&A activity, including analysis of historical financial statements, quality-of-earnings support, accounting policy assessments, and integration planning.
- Assist with preparing accounting position memoranda, purchase accounting analyses, and post-transaction accounting support.
- Support implementation of new accounting standards and updates to accounting policies and procedures.
- Prepare debt covenant calculations, compliance certificates, and related supporting schedules in accordance with credit agreements and lending requirements.
- Coordinate with Treasury and the Corporate Controller to ensure timely and accurate completion of lender reporting and compliance deliverables.
- Maintain documentation supporting covenant calculations and debt-related accounting conclusions.
- Support accounting for capital projects and fixed assets, including construction-in-progress tracking, capitalization, placed-in-service determinations, and depreciation.
- Prepare analyses related to capital expenditures and capital project activity for management review.
- Partner with Operations, Engineering and Construction to ensure capital project activity is properly authorized, classified, recorded, and supported.
- Oversee accounting and analysis for corporate SG&A departments, ensuring expenses are properly classified, accrued, allocated, and reported.
- Prepare SG&A expense analyses, trend reviews, and variance explanations to support management review and decision-making.
- Partner with department leaders to resolve accounting questions and ensure accurate cost center reporting.
- Assist Assistant Controllers with terminal-level financial analysis as needed, including revenue and expense review, variance analysis, and support for cross-terminal consistency and comparability.
- Own and manage all aspects of the accounts payable function, including invoice processing, payment execution, vendor payment maintenance, and expense coding.
- Ensure accounts payable transactions are processed accurately, timely, and in compliance with Company policies and internal control requirements.
- Establish and maintain strong AP controls, procedures, and documentation standards.
- Lead, manage, and develop accounts payable staff, including workload management, training, and performance oversight.
- Partner cross-functionally to resolve invoice discrepancies and payment issues.
- Support the design, execution, and maintenance of internal controls over corporate accounting and accounts payable processes.
- Identify opportunities to improve accounting, reporting, and AP processes to increase efficiency, accuracy, and scalability.
- Assist with documentation and implementation of process improvements, system enhancements, and standardized procedures.
- Perform other duties as assigned.
To perform the duties of this position successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below outline the knowledge, skills, abilities, and competencies required for this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
To succeed in this role, candidates should demonstrate the following:
- Bachelor's degree in Accounting
- CPA certification required
- 8+ years of progressive accounting or financial reporting experience, including Big Four public accounting audit experience (required).
- Strong knowledge of U.S. GAAP, financial statement preparation, and technical accounting concepts.
- Experience preparing or supporting debt covenant calculations and compliance reporting.
- Experience managing accounts payable operations and related internal controls.
- Proficiency with ERP systems (Workday strongly preferred) and advanced Microsoft Excel skills.
- Strong analytical, organizational, and documentation skills.
- Ability to communicate effectively with finance leadership, auditors, lenders, and non-finance stakeholders.
The working conditions and environment, as well as the physical requirements and activities listed below, are representative of those that an employee must meet to perform the essential functions of the job successfully. Reasonable accommodation may be provided to enable individuals with disabilities to perform the essential functions.
Working Conditions and Environment: While performing the duties of this position, the individual generally has good working conditions. The employee is often exposed to moderate noise from office equipment and co-workers.
Physical Requirements/Activities: The position requires regular physical activity, including standing, walking, sitting, reaching, carrying, and handling objects. Candidates must be able to use their hands and fingers for tasks such as typing and operating office equipment. Effective verbal communication and active listening are essential, given the role's frequent interaction with others. This position involves sitting for approximately 90% of the workday. Occasionally, employees are required to kneel, bend, push, pull, lift, or twist. Occasionally, employees are required to lift or exert up to 10 pounds of force. The employee is intermittently required to lift or exert up to 25 pounds of force. The required vision ability is close vision of 20 inches or less.
Equal Employment Opportunity Statement
BWC Terminals provides equal employment opportunities (EEO) to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
For over 60 years, BWC Terminals has focused on satisfying customers through bulk liquid storage solutions and value-added services tailored to meet their needs. We currently operate 18 strategically located bulk liquid storage terminals with direct access to major population centers and ports across North America. The BWC facilities are equipped to store a wide range of liquid products including renewable fuels, feedstocks, chemical, petroleum, and agricultural products. Our success has enabled us to respond to customer needs by continually expanding our network, facilities, and service. Operating safely and bringing the highest level of stewardship to our customer's products are the cornerstones of BWC Terminals' business philosophy.
Equal employment opportunity, including veterans and individuals with disabilities.
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