Manager - Fuel Inventory

Sunoco LP is a growth company which operates within the following three business segments:

- Fuel Distribution: Largest independent fuel distributor in the U.S., distributing over 8 billion gallons of fuel a year across more than 40 states. We distribute fuel to more than 7,400 Sunoco and partner branded locations and additional independent dealers and commercial customers

- Pipelines Systems: Network of over 14,000 miles of pipelines, distributing crude oil, refined products, renewable fuels, ammonia, and specialty liquids

- Terminals: Over 100 fuel terminals in the U.S., Puerto Rico, Europe, and Mexico

Summary

Sunoco LP is looking for an Accounting Manager to join our Operational Accounting team in Dallas, TX. We take pride in what we do and wholeheartedly believe our team members drive success for our company and our customers. We encourage a culture of inquiry by always asking why, transforming data into meaningful information, and leveraging technology to streamline our processes. If you are passionate about your work and thrive in a fast-paced and innovative environment, we’d love to hear from you

Essential Duties and Responsibilities

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:

- Research and gather information from the team to urgently identify and resolve issues and provide guidance to supervisors and leads

- Cultivates and maintains productive relationships with internal counterparts to enhance process improvements aligned with company goals

- Proactively engages in the learning and development of the team on key systems and processes to support future growth and efficiency

- Promotes a culture of learning and development, encouraging team members to master various systems

- Resolves issues accurately and with a sense of urgency

- Responsible for a high-volume of accounting information moving between multiple systems

- Ensures the integrity of financial data by reviewing journal entries, account reconciliations, and leveraging technical accounting skills to analyze trends in P&L and balance sheet accounts while identifying opportunities for process improvements through innovative solutions

- Exhibits a record of sustained improvement in key metrics and contributes to the success of the overall team

- Manage all LIFO (Last In, First Out) inventory accounting processes, including layer creation, maintenance, valuation, and liquidation impacts

- Review and prepare monthly, quarterly, and annual LIFO calculations to support fuel inventory valuation and cost of goods sold

- Monitor inflation indices and apply LIFO pooling methodologies in accordance with GAAP and company policies

- Analyze and communicate the financial impacts of LIFO on margins, inventory balances, and P&L fluctuations

- Partner with Operations, Supply Chain, and FP&A to understand purchasing trends and inventory movements that affect LIFO layers

- Coordinate annual LIFO reviews with internal and external auditors, ensuring full compliance and documentation integrity

- Identify opportunities to enhance or automate the LIFO methodology, including improvements to models, tools, and system based calculations

Key Attributes

- Builds and maintains collaborative relationships across departments, serving as a trusted leader and advocate for direct reports and accounting teams

- Proactively leads initiatives, resolves complex issues, and mitigates risks with minimal oversight, ensuring team efficiency and operational success

- Aligns team goals with leadership’s vision by setting clear expectations, communicating strategic direction, and driving cross-functional alignment

- Champions a culture of inclusion, transparency, and continuous improvement by fostering open communication and valuing diverse perspectives

- Invests in team development through structured career planning, coaching, and mentorship while recognizing contributions and encouraging growth

- Identifies process and efficiency improvements, leveraging technology and innovation to support long-term department success

Demonstrates integrity and accountability by modeling clear, unbiased communication, honoring commitments, and holding the team to high performance standards

Requirements:

Education and/or Experience, Knowledge, Skills & Abilities:

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:

Education and/or Experience, Knowledge, Skills & Abilities

- Strong understanding of fuel inventory flows, valuation, and cost accounting in a high-volume, multi-location environment

- Strong leadership in a fast paced, dynamic environment

- Significant level of personal accountability and ownership to proactively identify and address issues as they arise with limited oversight

- Can develop and maintain highly productive relationships with internal and external counterparties through proactive, effective communication

- Ability to create or improve accounting process

- Bachelor’s degree or equivalent experience in lieu of a degree

- 8+ years’ experience

- Knowledge of Excel, RightAngle, Salesforce, Power BI, and SAP preferred

Working Conditions

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

- Usually, normal office working conditions

- Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing

- Occasional overnight travel may be required

"An equal opportunity employer/disability/vet The Partnership is an equal opportunity employer and does not discriminate against qualified applicants on the basis of any actual or perceived legally protected characteristics under federal, state, or local law. The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job. DISCLAIMER: The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. "