Experience:
5+ years of experience
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Employment Type:
Full time
Posted:
8/23/2017
Job Category:
Accounting
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Technical Advanced Accountant
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Job Description

Marathon Petroleum Corporation

 

Overview:

Reporting to the Assistant Controller, Technical Accounting ("Assistant Controller"), the Advanced Technical Accountant is responsible for researching, documenting, and communicating technical accounting policy under US GAAP.  This position may expand to supervise a team of other technical accountants.  This position will have significant integration with MPC's external audit firm.


Responsibilities:

  • Counsels and advises internal customers on consistent and appropriate application of financial accounting policies and procedures;
  • Assisting with research and documentation of technical matters such as acquisitions, divestitures, investments in other business entities, and joint ventures;
  • Drafting illustrative policy examples, as necessary, to either improve current policy library or to clarify relevant application of US GAAP to any evolving business practices;
  • Assisting with the preparation of carve out financial statements and other related information in connection with the company's expected dropdown transactions with its sponsored Master Limited Partner (MPLX LP);
  • Working with cross functional teams on the implementation of new accounting standards, including the new lease accounting standards;
  • Assisting with quarterly and annual technical accounting assessments, such as segment reporting analysis, goodwill impairment reviews, fair value disclosures, and variable interest entity analysis;
  • Interacting with the company's external auditors with respect to highly technical accounting matters;
  • Interacting with the company’s internal auditors.

 

Specific qualities and experience for the position include:

  • A solid understanding of US GAAP;
  • Experience with GAAP accounting research and the ability to relate US GAAP to practical real world situations;
  • Proven analytical skills
  • Superior writing skills as evidenced by relevant commentary on financial reports, issues, etc.;
  • A strong understanding of business and the role accounting plays in both growth and cost control scenarios;
  • Highly collaborative relationship style, adept at working across the organization;
  • Excellent presentation skills and ability to discuss key business issues comfortably and credibly with other of organization functions as well as with external auditors;
  • Unflinching integrity, ethics, and the courage to uphold principles;
  • A demonstrated ability to work effectively with a wide group of stakeholders.

 

Education:
A Bachelor’s Degree in Accounting is required

CPA is required

 

Professional Experiences & Qualities

The ideal candidate will be a Certified Public Accountant with at least 5 to 10 years of accounting experience

 

#LI-PH1

 

About Marathon Petroleum Corporation

Headquartered in Findlay, Ohio, Marathon Petroleum Corporation (MPC) operates an integrated refining, marketing and transportation system.

 

MPC is the nation's third-largest refiner, with a crude oil refining capacity of approximately 1.8 million barrels per calendar day in its seven-refinery system. Marathon brand gasoline is sold through approximately 5,500 independently owned retail outlets across 19 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation's second-largest convenience store chain, with approximately 2,730 convenience stores in 21 states.

 

Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. MarkWest Energy Partners, L.P., a wholly owned subsidiary of MPLX LP, is one of the largest processors of natural gas in the U.S. MPC owns, leases or has ownership interests in approximately 10,800 miles of crude and light product pipelines and more than 5,600 miles of gas gathering and natural gas liquids (NGL) pipelines.

 

MPC's fully integrated system provides operational flexibility to move crude oil, NGLs, feedstocks and petroleum-related products efficiently through the company's distribution network and midstream service businesses in the Midwest, Northeast, East Coast, Southeast and Gulf Coast regions.

 

If you have visited our site in search of information on U.S. employment opportunities and require an accommodation to submit your application, please contact the MPC EEO/Compliance Office at 866-492-7802. Note that we only accept resumes and applications for posted positions.

 

Marathon Petroleum Company LP (“MPC”) is an equal employment opportunity employer.  All applicants will be considered without regard to their race, color, religion, sex, age, disability, national origin, sexual orientation, genetic information, gender identity, veteran status or other legally protected status.

This company profile was created by AfterCollege and is about Marathon Petroleum Corporation. This page is not endorsed by or affiliated with Marathon Petroleum Corporation. For questions regarding company profiles, please email: care@aftercollege.com.