Low Carbon Fuels Finance Coordinator

About Valero Energy Inc.

Valero Energy Inc., with its Canadian head office in Montreal, is a subsidiary of Valero Energy Corporation, a Fortune 500 company. We are the leading distributor of petroleum products in Quebec, the Atlantic provinces and Ontario-and the world's second-largest producer of renewable diesel fuel and ethanol. We stand out as the second-largest petroleum refiner in eastern Canada, thanks to our Jean-Gaulin Refinery in Lévis. We also possess numerous major logistical infrastructures, such as the Montreal East Terminal.

Our success? We owe it to our 10,000 employees who are committed to our values-including safety, environmental stewardship, teamwork, community engagement and operational excellence.

We consider our employees our most important asset and provide a wide variety of stimulating jobs for those seeking to grow professionally. Our salaries and benefits-along with our retirement savings plan, which ranks among Canada's Top 5 in terms of employer contributions-are highly competitive. These are some of the reasons we are known as an employer of choice.

Role

Reporting to the Manager, Low Carbon Compliance, the Finance Coordinator, Low Carbon Fuels is responsible for the financial accounting, valuation, forecasting, and reporting of the Company's low carbon compliance programs. The Finance Coordinator ensures compliance activities are accurately reflected in financial records, supports financial planning and analysis related to compliance programs, and serves as the primary liaison with Corporate Accounting for Canadian low carbon compliance financial reporting

Responsibilities

Account for low carbon compliance credits and regulatory obligations in accordance with applicable accounting standards.

Prepare journal entries and ensure accurate reporting of low carbon compliance assets, liabilities, revenues, and expenses.

Maintain and reconcile low carbon compliance credit inventories and compliance-related balance sheet accounts.

Act as the primary liaison with Corporate Accounting for Canadian low carbon compliance financial reporting matters.

Develop and maintain valuation methodologies for compliance credit banks and compliance positions.

Monitor market conditions and assess the financial impact of low carbon credit price movements and compliance strategies.

Prepare forecasts, perform variance analyses, and support short and long-term planning activities related to compliance programs.

Support month-end, quarter-end, and year-end close processes and the implementation of new accounting standards.

Collaborate with commercial, supply, regulatory, and accounting teams to assess the financial impacts of compliance and market changes.

Develop and maintain effective financial controls over low carbon compliance accounting processes.

Coordinate vendor setup, invoice review, and payment processing related to low carbon compliance credit purchases.

Qualifications

Bachelor's degree in Accounting, Finance, Business Administration, or a related field

CPA designation (or progress toward designation).

3-5 years of relevant experience

Bilingual - French and English (spoken and written)

Experience in the energy industry, a strong asset

Advanced Excel, SAP & Power Query knowledge, an asset

Excellent organization and time management skills

Comfortable dealing with ambiguity and forging a path forward

Manage multiple complex files simultaneously and under pressure

Strong critical thinking skills with the ability to draw informed conclusions

Valero Energy Inc. is governed by the Charter of the French Language. However, knowledge of English is considered necessary for performing the tasks of this position. The individual in this position will be required to review documents and interact both verbally and in writing with colleagues at the head office in Texas or in other Canadian provinces, or with various stakeholders such as customers, suppliers, unilingual anglophone business partners.

When working at our Company, your benefits will include

Full benefits package

Being employed by one of Canada's Top 5 employers in contributions to the retirement savings plan

Annual bonus program

Reimbursement of training expenses program

Reimbursement of fitness activities program

Health and Wellness Program

Free access at all times to virtual healthcare

On-site access to a gym and fitness courses

Rewards program for service anniversaries

Summer schedule for eligible positions

Plus many more to discover!

Valero Energy is an employment equity employer. We encourage all those meeting the selection criteria to send us their application. It will be reviewed without consideration of statuses protected by law, including sexual orientation, gender identity, gender, minorities and individuals with disabilities.