Company Overview for Formosa Plastics Corporation, U.S.A.
Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $5 billion, we employ over 2,800 people who operate 20 production units in six business divisions - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, Chlor-Alkali, and Oil & Gas.
Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid.
We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities.
Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas.
Accounting Analyst
Job Summary
Accounting Analyst supporting plant operations through financial analysis, reporting, and cost accounting. This role applies independent judgment to evaluate financial and operational data—including inventory, cost, and variance analysis—while partnering with plant leadership and corporate accounting to ensure accurate reporting, strong internal controls, and informed decision-making. This is a highly analytical role, not transactional, requiring the ability to identify issues and drive resolution.
Core Responsibilities
- Analyze financial, operational, and production data to identify trends, variances, and performance drivers.
- Evaluate manufacturing costs, production results, and inventory activity for financial impact.
- Partner with plant leadership to assess performance and cost drivers.
- Prepare monthly P&L and cost center reporting.
- Support budgeting and forecasting processes.
- Perform month-end close activities, including journal entries, adjustments, and cost inputs.
- Prepare and review general ledger reconciliations; investigate significant variances.
- Monitor and reconcile raw material and finished goods inventory.
- Support physical inventories, audits, and internal control compliance.
- Serve as a resource for financial reporting, inventory accounting, and cost allocation issues.
Requirements
Required
- Bachelor’s degree in Accounting, Finance, or related field.
- 7+ years of accounting or financial analysis experience.
- Strong knowledge of GAAP and financial reporting.
- Advanced Excel and analytical skills.
- Strong problem-solving and communication abilities.
Preferred
- Manufacturing or plant accounting experience.
- Cost and inventory accounting experience.
- Experience with sales/use tax compliance for manufacturing purchases.
- Experience supporting internal and external audits.
Check Out Our Benefits
Health Coverage and Perks
Excellent medical, dental, and vision insurance plans
Flexible spending accounts for health, dependent care
Short-term Disability
Long-term Disability
Group Term Life, Dependent and
Supplemental Life Insurance
Tuition Reimbursement
Work/Life Balance
10 Paid Holidays
Paid Time Off for a balanced life
(Vacation, Sick and Personal Time)
FlexTime Available
Competitive Compensation
Competitive salary, incentive/bonus, 401(k) plan with company match,
Cash Balance, Pension Plan