Inventory Accounting

Job summary

The student will support the tracking, reconciliation, and reporting of inventory movements across terminals to ensure billing and tax accuracy. Responsibilities include managing inventory subledgers, verifying margins, and filing reports with regulatory bodies like the EIA and Stats Canada.

Job details

As an Inventory Movements Accounting Student, you will support the tracking, reconciliation, and reporting of inventory movements across terminals, ensuring accuracy in billing, tax compliance, and margin validation. The Inventory Movements Accounting team is responsible for monitoring all inventory activity across geographical terminals, ensuring that product movements are accurately recorded, customers are billed correctly, taxes are applied, and inventory is reconciled. The team also validates monthly margins and ensures inventory costs align with forecasts. This small but highly integrated team of four operates out of our Home Office and works closely with refinery, Sales, Tax, Pricing, Customer Support, Terminal Ops and other inventory groups across the business. Responsibilities: * Manage inventory accounting for the marine gas oil (MGO) tank at Courtney Bay, including receiving inventory into the subledger, billing customers, and verifying monthly margins * Collaborate with Sales and Tax teams to ensure accurate financial and regulatory reporting * File weekly and monthly reports with the U.S Energy Information Administration (EIA), monthly reports with Stats Canada * Consolidate manual reporting processes and contribute to automation initiatives * Document and maintain process workflows for the MGO terminal, EIA and Stats Canada reporting * Your Skills: * Strong communication skills for cross-functional collaboration * Self-starter with a proactive approach to problem solving and task ownership * Motivated and eager to learn in a fast-paced environment * Coachable and open to feedback Your Experience: * Currently enrolled in a Business Administration program completing 2nd or 3rd year of study with a strong interest in accounting or finance * Must have completed at least 1 year of post-secondary education and be returning to school What We Offer: * Professional Development – Student focused learning & development sessions, mentorships and networking events * Student Benefits – Housing allowance, relocation support, co-op fee reimbursement and parking allowance for qualifying candidates * Work Environment – Work in our home office building or our refinery with access to a fitness facility, onsite nurse, and a café * Wellness Support – With 24/7 access to our Employee & Family Assistance Program * Volunteer and donation matching program – Choose when and where to make an impact with a paid volunteer day, company volunteer opportunities, and a donation matching program * Compensation – The weekly salary for this role will be based on your current work term. 1st - $795, 2nd - $875, 3rd and additional terms - $960 Irving Oil is committed to supporting a diverse and inclusive work environment. We thrive on the good energy that’s created when our people from different backgrounds, identities, cultures and experiences share their unique perspectives. Diversity is key to our success and inclusion is everyone’s responsibility. Job Requirements - Work Experience Job Requirements - Education

What you’ll do

The student will support the tracking, reconciliation, and reporting of inventory movements across terminals to ensure billing and tax accuracy. Responsibilities include managing inventory subledgers, verifying margins, and filing reports with regulatory bodies like the EIA and Stats Canada.

Requirements

Candidates must be currently enrolled in a Business Administration program, completing their 2nd or 3rd year with a focus on accounting or finance. Applicants are required to have completed at least one year of post-secondary education and demonstrate strong communication and proactive problem-solving skills.

Benefits

• Professional development • Mentorships • Networking events • Housing allowance • Relocation support • Co-op fee reimbursement • Parking allowance • Fitness facility access • Onsite nurse • Café • Employee & family assistance program • Volunteer and donation matching program • Paid volunteer day

Listed skills

• Problem solving · Preferred
• Financial Reporting · Preferred
• Data analysis · Preferred
• Communication · Preferred
• Billing · Preferred
• Forecasting · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Inventory accounting
• Reconciliation
• Financial reporting
• Regulatory reporting
• Data analysis
• Automation
• Communication
• Problem solving
• Task ownership
• Process documentation
• Billing
• Tax compliance
• Margin validation
• Forecasting
• Tax Compliance
• Cross-Functional Collaboration
• Self-Starter
• Workplace Inclusivity
• Workflow Management
• Reporting Processes
• Willingness To Learn
• Accounting
• Customer Support
• Business Administration
• Finance
• Sales
• Oil and Gas
• Refinery Experience
• Sales Tax
• Inventory Management
• Problem Solving

Job areas

• Finance & Accounting
• Energy
• Logistics
• Administrative
• Unclassified
• Revenue Accountant
• Accountants
• Accountants and Auditors