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Westlake

Global petrochemicals and building products manufacturer

HIP Chief Financial Officer

Full-TimeUpdated on 10/23/2026
No salary listed
Expert
Bachelor's, MBA
Houston, TX, USA
In PersonThe role is office-based and may require 10% travel, including air or auto travel.
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • A bachelor's degree in Accounting, Finance, or a related field is required.
  • An Accounting degree with a CPA is strongly preferred.
  • An advanced degree such as an MBA is preferred.
  • Fifteen to twenty years of progressive finance and accounting experience with broad exposure to accounting and financial management is required.
  • At least ten years of supervisory or management experience leading finance and/or accounting teams in a large manufacturing company is required, including experience as a segment or division controller, head of financial planning and analysis, or equivalent senior finance role.
  • Experience in the chemical, petrochemical, or related industries is highly desired.
  • Public accounting experience is preferred.
  • A demonstrated record of strategic business partnership with senior operations and commercial leaders is required, including influencing decisions and driving performance in a complex, multi-site environment and operating through influence across functional reporting lines.
  • Strong understanding of U.S. generally accepted accounting principles, internal controls, Sarbanes-Oxley requirements, and financial reporting in a public company environment is required.
  • Ability to lead through change, drive standardization and process improvements, and implement finance technology solutions, including transitions in finance operating models, roles, and reporting relationships, is required.
  • Analytical, communication, and presentation skills sufficient to translate complex financial information into clear, actionable insight for non-financial stakeholders are required.
  • The role requires frequent sitting, standing, walking, use of hands, reaching, and talking or hearing; occasional stooping, kneeling, crouching, and lifting or moving up to 25 pounds; and close, distance, color, peripheral, and depth vision and focus adjustment.
Responsibilities
  • Serve as the primary financial business partner to HIP business and operations heads, providing insight, challenge, and recommendations on financial performance, strategic priorities, and resource allocation.
  • Lead HIP financial planning and analysis processes, including long-range plans, annual budgets, quarterly forecasts, monthly outlooks, and scenario and sensitivity analyses of feedstock, energy, price, and volume assumptions, aligning with corporate objectives and coordinating process alignment and standardization with the VP of Finance.
  • Support business and operations heads in presenting and understanding results, including variance analysis, key performance indicators, and operational drivers, and translate cost, volume, absorption, and reliability variances into actions that improve segment profitability.
  • Deliver product-grade and customer profitability insights, including cost-to-serve and mix analysis, to support pricing and portfolio decisions.
  • Support business development and mergers and acquisitions activities, including financial modeling, valuation, due diligence, and post-close integration of operations, systems, policies, procedures, and internal reporting with the Westlake model; partner with the Chief Accounting Officer on purchase accounting, opening balance sheets, and accounting integration.
  • Lead strategic analysis, including plant economics and integration, strategic initiatives, capital investments, portfolio optimization, cost reduction, profit improvement, post-investment reviews, and tracking realized benefits against approved business cases.
  • Drive segment working capital performance and cash generation across inventory, receivables, and payables, and support the corporate cash flow forecast.
  • Partner with segment business analysts to review monthly financial performance and forecasts, challenge assumptions, ensure understanding, and drive accountability for results.
  • Support business and operations heads and corporate management in preparing and adhering to annual budgets, including setting targets, monitoring performance, and initiating corrective actions.
  • Partner with the Chief Accounting Officer to ensure financial controls, reviews, and governance operate effectively across HIP entities, plants, and functions.
  • Provide overall leadership, direction, and oversight for HIP accounting support in partnership with the Chief Accounting Officer and in accordance with enterprise accounting standards, policies, and functional direction.
  • Partner with the Chief Accounting Officer to maintain HIP Sarbanes-Oxley compliance and robust internal control frameworks aligned with corporate policies and external regulatory requirements, including maintaining control effectiveness through process, systems, and organizational changes.
  • Coordinate year-end financial audits and interim reviews for the HIP segment with the Chief Accounting Officer, ensuring deadlines are met, issues are addressed, and audit recommendations are implemented.
  • Support investor relations activities related to HIP, including preparing conference call scripts, question-and-answer materials, segment commentary, and other external materials in coordination with the Chief Accounting Officer and Investor Relations.
  • Collaborate with Internal Audit and the Chief Accounting Officer on segment reviews, including planning and closing meetings, responses to audit comments, and execution and monitoring of management action plans.
  • Drive consistent application of accounting policies, financial standards, and reporting practices established by the Chief Accounting Officer across HIP businesses and locations.
  • Partner with the Chief Accounting Officer to design and implement accounting operating-model changes affecting HIP while maintaining control, reporting quality, and business support.
  • Maintain accountability for the integrity of HIP financial results and promptly escalate accounting, control, or reporting matters to the Chief Accounting Officer and Corporate CFO.
  • Support continuous improvement and operational excellence by reviewing areas of responsibility, initiating improvement projects, and participating on project teams.
  • Lead standardization of operating and performance metrics across plants and businesses; partner with the VP of Finance and Chief Accounting Officer to standardize accounting processes, controls, and account structures for efficiency and comparability.
  • Identify, prioritize, and execute efficiency and value-creation opportunities, including use of technology, automation, advanced analytics, and digital tools in finance and operations.
  • Build, lead, and develop a high-performing HIP finance and accounting team by recruiting, developing, motivating, and retaining talent; establishing a business-partnering culture; ensuring succession and development plans; and aligning team structure and capabilities with the evolving finance and accounting operating model.
  • Foster collaborative working relationships between HIP and Corporate Finance, Accounting, Treasury, Tax, and other functional groups, particularly with the Chief Accounting Officer and corporate accounting organization.
  • Exercise sound judgment in complex, ambiguous situations.
  • Travel approximately 10% of the time, including occasional air or auto travel.
Desired Qualifications
  • An Accounting degree with a CPA is strongly preferred.
  • An advanced degree such as an MBA is preferred.
  • Experience in the chemical, petrochemical, or related industries is highly desired.
  • Public accounting experience is preferred.

About the company

Westlake manufactures and supplies petrochemicals, polymers, and building products used in everything from food packaging to residential roofing. The company operates through a vertically integrated model, controlling the entire production process from raw materials to finished goods to ensure quality and supply chain reliability. This integration distinguishes Westlake from competitors by providing greater cost control and the ability to serve both industrial chemical markets and the construction industry simultaneously. Westlake's goal is to provide a stable global supply of essential materials and infrastructure products for the automotive, consumer goods, and housing sectors.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Houston, Texas

Founded

1986

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Simplify's Take

What believers are saying

  • BlueLinx expanded Westlake Royal PVC trim distribution on September 24, 2026.
  • Wilhelmshaven added 838 million pounds of PVC capacity on June 15, 2026.
  • Q2 2026 EBITDA hit $679 million, and debt fell $500 million.

What critics are saying

  • Westlake closes Cologne in Q1 2027 after $205 million charges and 120 layoffs.
  • Q1 2026 included a $67 million PVC-pipe settlement, exposing further litigation over legacy products.
  • European energy costs, Asian imports, and weak housing demand pressure 2026 margins.

What makes Westlake unique

  • Westlake's vertical integration spans PVC, VCM, caustic soda, and finished building products.
  • Wilhelmshaven's deep-water dock lowers European feedstock logistics versus inland PVC plants.
  • Westlake Royal sells branded siding, trim, roofing, windows, and pipe nationwide.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Flexible Work Hours
  • Quarterly performance-based bonuses

Company News

Seeking Alpha
Sep 29th, 2026
Westlake warns of weaker Q3, closes German PVC plant.

Westlake warns of weaker Q3, closes German PVC plant. Westlake Corp. (WLK) said Tuesday it will close a PVC plant in Cologne, Germany, as weak chemical demand, high energy costs and competition from Asian imports pressure its European operations. The company also warned that third-quarter financial performance will decline from the previous quarter. The Cologne facility can produce about 165,000 metric tons of PVC annually and is expected to cease operations in the first quarter of 2027. Westlake (WLK) said the plant operates at higher costs than its other European facilities because of its smaller scale and greater logistics expenses. Customers will be supplied from other German plants, including the recently acquired Wilhelmshaven facility. For investors, the closure highlights both the severity of the downturn facing chemical producers and Westlake's effort to remove higher-cost capacity. The move carries a sizable near-term expense, while weaker PVC and polyethylene pricing and slowing housing activity are likely to weigh on third-quarter results. Longer term, shifting production to lower-cost facilities could improve margins in Westlake's European chlorovinyl business. Westlake (WLK) expects about $205 million in pretax charges related to the closure, including roughly $100 million in cash costs and $105 million in non-cash charges. About $110 million of the total is expected to be recorded in 2026, with the remainder in 2027. Pressure extends beyond Europe. Westlake (WLK) said average North American PVC and polyethylene prices during the third quarter were below second-quarter levels as price increases following the start of the Iran conflict faded. The company's Housing & Infrastructure Products business also faced higher freight expenses following a surge in diesel prices. Sales volumes in that segment have declined moderately as higher interest rates slow housing activity. Taken together, the pricing, cost and demand pressures are expected to result in sequentially weaker third-quarter financial performance, Westlake said. Smarter Income Starts Here Tap into new dividend opportunities and expert strategies that support your income growth.

MarketScreener
Sep 29th, 2026
Westlake to shut Germany PVC plant, cut 120 jobs.

Westlake to shut Germany PVC plant, cut 120 jobs. Published on 09/29/2026 at 06:53 am EDT or by email Westlake Corporation is a global manufacturer and marketer of both housing and infrastructure products and performance and essential materials that are designed to enhance the lives of people every day. The Company operates through two segments, which include Housing and Infrastructure Products (HIP) and Performance and Essential Materials (PEM). The HIP segment is primarily comprised of residential and non-residential building products, polyvinyl chloride (PVC) pipe and fittings, and compound products made from PVC and other polymers. The PEM segment includes Westlake North American Chlorovinyls, Westlake European & Asian Chlorovinyls, Westlake Olefins and Polyethylene and Westlake Epoxy. The HIP business consists of product groups including exterior and interior building products, which include siding, trim and mouldings, stone, roofing, windows and outdoor living products; PVC pipe, specialty PVC pipe and fittings; and compounds primarily made from PVC. Mean consensus OUTPERFORM Number of Analysts Last Close Price Average target price Spread / Average Target

Associated Press
Sep 29th, 2026
Westlake to close Cologne PVC plant amid weak European demand and elevated energy costs

Westlake Corporation is closing its polyvinyl chloride plant in Cologne, Germany, due to challenging market conditions including weak demand, elevated energy costs, and increased import pressure from Asia. The company will continue serving customers from its remaining lower-cost PVC facilities in Germany, including its recently acquired Wilhelmshaven site. The Cologne facility has annual production capacity of approximately 165,000 metric tons of PVC. Westlake expects to record total pre-tax charges of approximately $205 million in connection with the closure, consisting of $100 million in cash charges and $105 million in non-cash charges. The site is expected to cease operations in the first quarter of 2027. The broader chemical market is experiencing pricing pressures, with PVC and polyethylene prices declining in North America during the third quarter of 2026.

GlobeNewswire
Sep 29th, 2026
Westlake to optimize European chlorovinyls footprint with closure of Cologne PVC plant.

Westlake to optimize European chlorovinyls footprint with closure of Cologne PVC plant. HOUSTON, Sept. 29, 2026 (GLOBE NEWSWIRE) - Westlake Corporation (NYSE: WLK) ("Westlake" or the "Company") announced today that, in light of challenging market conditions, the Company is taking action to improve profitability by closing its polyvinyl chloride ("PVC") plant in Cologne, Germany. Chemical production in Europe continues to face difficult conditions, including weak demand, elevated energy costs and increased import pressure from Asia. Due to its smaller scale and higher logistical burden, the Cologne plant has higher costs than the Company's other European PVC sites. The Company will continue to serve its customers from its remaining, lower-cost PVC facilities in Germany, including its recently acquired Wilhelmshaven site. The broader global market is also experiencing pricing and cost pressures. In the third quarter of 2026, PVC and polyethylene average prices in North America are lower than the second quarter of 2026 as the price increases initially realized in the second quarter following the onset of the Iran conflict have moderated. Furthermore, in its Housing & Infrastructure Products segment, the Company has experienced higher freight costs caused by a surge in diesel prices and a moderate decline in sales volume caused by the slowdown in housing activity resulting from a rising interest rate environment. In line with these more challenging market conditions, Westlake expects sequentially lower financial performance in the third quarter of 2026 compared to the second quarter of 2026. "Given the persistent, challenging market conditions facing the global chemical industry, we have made the difficult decision to cease operations at our Cologne, Germany PVC site as part of our ongoing optimization of business operations," said Westlake President and Chief Executive Officer Jean-Marc Gilson. "We will continue to supply our valued customers with PVC produced at our other German facilities. I want to recognize the dedication and contributions of all our employees, including those who will be leaving us. We appreciate their efforts over the years, and we are committed to treating everyone impacted with respect and to supporting them through this transition." The Cologne facility has annual production capacity of approximately 165,000 metric tons of PVC per year. In connection with the Cologne closure, Westlake expects to record total pre-tax charges of approximately $205 million, consisting of cash charges of approximately $100 million and non-cash charges of approximately $105 million. Approximately $110 million of these cash and non-cash charges are expected to be recorded in 2026, with the remaining portion to be recorded in 2027. The site is expected to cease operations in the first quarter of 2027. These actions are expected to improve the ongoing profitability of Westlake's European chlorovinyl operations. About Westlake Celebrating 40 years of operations in 2026, Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for vital solutions - from housing and construction, to packaging and healthcare, to automotive and consumer goods. Media Inquiries: Chip Swearngan, 713-960-9111 Investor Inquiries: Jeff Holy, 713-960-9111 Forward-Looking Statements The statements in this press release that are not historical facts, including statements regarding the timing of the anticipated cessation of certain operations at the Cologne PVC plant, the anticipated effects of the closure on production capacity, the estimated pre-tax costs and expected cash outflows associated with the closure, anticipated financial performance of the Company in the third quarter of 2026, and the expected impact of the closure on the profitability of the Company's European chlorovinyl operations are forward-looking statements within the meaning of the U.S. securities laws. These forward-looking statements are subject to significant risks and uncertainties, many of which are beyond the Company's control. Actual results could differ materially, based on factors including, but not limited to, the ultimate cost of closure of such facilities, the outcome of consultations with works councils, unions and governmental authorities, and other risks and uncertainties. For more detailed information about the factors that could cause actual results to differ materially, please refer to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the Securities and Exchange Commission (the "SEC") on February 26, 2026, and the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, which was filed with the SEC on August 5, 2026.

Stockhouse
Sep 24th, 2026
BlueLinx expands relationship with Westlake Royal Building Products(TM) through exclusive Kleer(R) PVC Trim distribution agreement and market expansion of TruExterior(R) Siding and Trim products.

BlueLinx expands relationship with Westlake Royal Building Products(TM) through exclusive Kleer(R) PVC Trim distribution agreement and market expansion of TruExterior(R) Siding and Trim products. BXC, WLK | 16 hours ago * BlueLinx continues to leverage its scale and profitable sales growth strategy to enhance its specialty product mix with key suppliers * Westlake Royal Building Products(TM) will serve as BlueLinx's sole and exclusive PVC trim supplier in key markets under the expanded distribution agreement * BlueLinx is launching Kleer(R) PVC Trim products in 27 BlueLinx distribution locations serving key U.S. markets for these products, with opportunities to further expand the distribution footprint * BlueLinx also expands availability of TruExterior(R) Siding and Trim, increasing its geographic footprint from 12 to 17 distribution locations. BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today announced the expansion of its relationship with Westlake Royal Building Products(TM). BlueLinx will now distribute Westlake Royal's Kleer(R) PVC Trim products in 27 distribution locations throughout New England, the North and Mid-Atlantic, the South, the Ohio Valley and select Central U.S. markets. Stocking locations include Bellingham, Massachusetts; Burlington, Vermont; Portland, Maine; Buffalo and Long Island, New York; Denville, New Jersey; Frederick, Maryland; Richmond, Virginia; Charlotte and Raleigh, North Carolina; Charleston, South Carolina; Atlanta, Georgia; Tampa, Lakeland and Jacksonville, Florida; Nashville and Erwin, Tennessee; Cincinnati and Akron, Ohio; Pittsburgh, Pennsylvania; Grand Rapids, Michigan; Chicago, Illinois; Milwaukee, Wisconsin; Minneapolis, Minnesota; Davenport and Des Moines, Iowa; and St. Louis, Missouri. The agreement represents another important step in BlueLinx's strategy to expand its specialty products portfolio with category-leading brands and to increase its participation in attractive, high-growth building product categories across many markets across the United States, thereby leveraging BlueLinx's national distribution footprint at scale to amplify its value proposition for key customers and strategic suppliers. In addition to Kleer PVC Trim, BlueLinx is expanding its Westlake Royal TruExterior(R) distribution footprint by adding TruExterior(R) Siding and Trim at its Bellingham, Massachusetts; Burlington, Vermont; Portland, Maine; Long Island, New York; and Buffalo, New York distribution locations. This market expansion increases BlueLinx's TruExterior(R) footprint from 12 to 17 distribution locations and further enhances the company's specialty siding and trim offering in these new markets with an innovative poly-ash product known for its durability, workability and resistance to moisture and insects. "We are excited to expand our relationship with Westlake Royal to accelerate our specialty products growth strategy," said Shyam Reddy, President and Chief Executive Officer of BlueLinx. "The launch of Kleer PVC Trim and expansion of TruExterior(R) product lines in markets across the United States enhances our siding and trim offering for customers at scale with high-quality, durable, low-maintenance branded products from a trusted industry leader. We appreciate the confidence that Westlake Royal has placed in us and look forward to building on this partnership to drive greater profitable sales growth in the coming years." "BlueLinx has been a valued distribution partner for Westlake Royal Building Products, and this expanded agreement reflects our shared commitment to delivering premium siding, trim and exterior building solutions to customers across the country," said Bill Conlon, vice president of sales, siding and trim, Westlake Royal Building Products. "By adding Kleer(R) PVC Trim to more BlueLinx locations and expanding the availability of TruExterior(R) Siding and Trim, we are making it easier for dealers, builders and contractors to access trusted, high-performance products backed by exceptional service and support. We look forward to continuing our successful partnership and driving growth together in key markets throughout the United States." The expanded relationship creates opportunities to increase share of customer wallet through complementary product sales, to support mix shift strategies toward higher-value specialty categories and to deliver greater value for customers seeking a trusted distribution partner with a comprehensive siding and trim portfolio. ABOUT BLUELINX BlueLinx Holdings Inc. (NYSE: BXC) is a leading U.S. wholesale distributor of residential and commercial building products with both branded and private-label SKUs across product categories such as lumber, panels, engineered wood, siding, millwork, and industrial products. With a strong market position, broad geographic coverage footprint servicing fifty states, and the strength of a locally focused sales force, Stockhouse Publishing Ltd. distribute a comprehensive range of products to its customers which include national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers, and industrial manufacturers. BlueLinx provides a wide range of value-added services and solutions to its customers and suppliers, and Stockhouse Publishing Ltd. operate its business through a broad network of distribution centers. To learn more about BlueLinx, please visit www.bluelinxco.com. ABOUT WESTLAKE ROYAL BUILDING PRODUCTS Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. Westlake Royal Building Products manufactures high-quality, low-maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles and accessories. For more information, please visit WestlakeRoyalBuildingProducts.com. 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