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Senior Manager - Cost Accounting


King Of Prussia, PA, US

Company:  AmeriGas Propane, Inc.
Remote Options:  Partial Work From Home

When you work for AmeriGas, you become a part of something BIG! Founded in 1959, AmeriGas is the nation’s premiere propane company, serving over 1.5 million residential, commercial, industrial and motor fuel propane customers. Together, over 6,500 dedicated professionals will deliver over 1 billion gallons of propane from 1,800+ distribution points across the United States.




Responsible for maintaining strong internal controls over propane inventory and the reporting of the company’s cost of gas to assist management in establishing pricing for customers.  In addition, the supervision of three departments (Cost Accounting, Fuel Payables & Houston Accounting) as wells as coordination with the Houston supply group in relation to cut-off and valuation of propane inventory transactions and compliance with hedging policies. Also works with other departments on hedging needs (National Accounts & Pricing) and for the assessment of embedded derivatives within contracts for the company. Responsible for simplification of inventory processes & procedures and implementation of IT systems and controls


Key Characteristics:                      

  • Leadership – the position leads compliance with internal controls over inventory and hedging and the refinement of IT systems and inventory simplification efforts
  • Process improvement – simplification of field inventory processes and continuous improvement to streamline back-office processes
  • Project management – Leads Teton improvement efforts from an accounting and back-office perspective.
  • Time Management – able to meet closing and project management deadlines
  • Analytical/Communication – ability to function with all levels of personnel in a matrix environment
  • FSC customer service leader for cost accounting, fuel payables and field inventory simplification



Duties and Responsibilities:

  • Maintains internal control over inventory including cut-off, quantity on hand (existence) and the average cost of propane (valuation) and the index cost calculation which supports a large portion of the company’s pricing activity
  • Partners with other departments on interpretation of cost information in performing pricing & supply functions as well as assessing contracts for derivative treatment related to Generally Accepted Accounting Principles.
  • Leader of accounting refinement initiatives, implementation of Teton improvements & other information technology systems
  • Leader of the simplification of inventory processes at the back office and field level including the development of technology solutions
  • Supervision of Cost Management Group in reporting of company cost of gas in the monthly close, the preparation of the index cost report used by the pricing group & general accounting and control processes
  • Supervision of the Fuel Payables department in processing disbursements for propane and maintaining proper internal controls by coordinating activities with fuel supply procurement in Houston and outside vendors
  • Maintains month, quarterly and year end controls in accordance with SOX for inventory and hedge transactions
  • Addresses IT controls related to inventory reporting and transactions
  • Provides projections on cost of gas results to senior management and operations
  • Leads field training activities within relation to inventory month end and related processes.
  • Develops staff for proper succession of responsibilities as well as performance of internal controls around costing & account reconciliations
  • Liaison to UGI and external auditors in relation to hedging of propane and inventory.
  • Represents Cost accounting on Acquisition and Divestitures.


Knowledge, Skills and Abilities:


  • Exceptional leadership skills
  • Excellent analytical skills
  • Superior communication and follow-up skills.
  • Ability to work in a cross functional environment with all levels including senior management
  • Ability to work in a fast-paced deadline-oriented environment is essential.
  • Knowledge of FAST and Peoplesoft systems required.


Education and Experience Required:


  • Four-year college degree with a major in Accounting or Finance.
  • 5 - 8 years of experience in cost management, auditing & corporate accounting environment
  • CPA preferred
  • Strong understanding of GAAP and internal controls related to hedging and inventory


Working conditions: Valley Forge – office Conditions



AmeriGas is an Equal Opportunity and Affirmative Action Employer.  The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, sexual orientation, veteran status, or any other legally protected class in its practices.


AmeriGas is a Drug Free Workplace. Candidates must be willing to submit to a pre-employment drug screen and a criminal background check. Successful applicants shall be required to pass a pre-employment drug screen as a condition of employment, and if hired, shall be subject to substance abuse testing in accordance with AmeriGas policies. As a federal contractor that engages in safety-sensitive work, AmeriGas cannot permit employees in certain positions to use medical marijuana, even if prescribed by an authorized physician.  Similarly, applicants for such positions who are actively using medical marijuana may be denied hire on that basis.

Nearest Major Market: Philadelphia

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