What are the responsibilities and job description for the Accounting Supervisor - L&S Operations position at Marathon Petroleum Corporation?
An exciting career awaits you
At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment.
Position Summary:
MPLX Logistics and Storage (L&S) Accounting records costs and revenue for the L&S segment, prepares financial statements for operated joint ventures, engages with the business through financial reports, and maintains accounting records for SEC and Federal Energy Regulatory Commission (FERC) reporting.
The Accounting Supervisor supports the end-to-end accounting and reporting processes for L&S operated joint ventures and FERC filings entities. This position will oversee the applicable accounting processes and preparation of financial reports. This position collaborates with those inside and outside accounting to ensure the integrity of financial statements. The successful candidate should be results driven and a self-starter with strong analytic skills and the ability to work in a team environment.
Key Responsibilities:
Adaptability, Authentic Communicator, Business Acumen, Continuous Improvement Mindset, Critical Thinking, Energizing the Organization, Ongoing Learning & Self-Development, Problem Solving, Regulatory Compliance, Results Driven, Selecting & Developing People, Strategic Outlook
Travel:
Location:
Findlay OH Main Bldg
Additional locations:
San Antonio TX
Job Requisition ID:
00016029
Location Address:
539 S Main St
Education:
Bachelors: Accounting (Required)
Employee Group:
Full time
Employee Subgroup:
Regular
Marathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, reproductive health decision-making, age, mental or physical disability, medical condition or AIDS/HIV status, ancestry, national origin, genetic information, military, veteran status, marital status, citizenship or any other status protected by applicable federal, state, or local laws. If you would like more information about your EEO rights as an applicant, click here.
If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at talentacquisition@marathonpetroleum.com. Please specify the reasonable accommodation you are requesting, along with the job posting number in which you may be interested. A Human Resources representative will review your request and contact you to discuss a reasonable accommodation. Marathon Petroleum offers a total rewards program which includes, but is not limited to, access to health, vision, and dental insurance, paid time off, 401k matching program, paid parental leave, and educational reimbursement. Detailed benefit information is available at https://mympcbenefits.com.The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.
Equal Opportunity Employer: Veteran / Disability
We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.
At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment.
Position Summary:
MPLX Logistics and Storage (L&S) Accounting records costs and revenue for the L&S segment, prepares financial statements for operated joint ventures, engages with the business through financial reports, and maintains accounting records for SEC and Federal Energy Regulatory Commission (FERC) reporting.
The Accounting Supervisor supports the end-to-end accounting and reporting processes for L&S operated joint ventures and FERC filings entities. This position will oversee the applicable accounting processes and preparation of financial reports. This position collaborates with those inside and outside accounting to ensure the integrity of financial statements. The successful candidate should be results driven and a self-starter with strong analytic skills and the ability to work in a team environment.
Key Responsibilities:
- Coach, mentor, and train a four-person accounting team
- Collaborate with the manager to set and monitor annual goals and metrics for their team
- Review accounting transactions and journal entries recorded in the accounting systems
- Review account reconciliations, financial analysis, and other documentation
- Ensure the execution of internal controls monthly, quarterly, and annually
- Work with Technical Accounting to review new or complex contracts and establish appropriate accounting processes
- Coordinate and review the preparation of monthly JV financial statements and annual audited financial statements
- Oversee other JV accounting activities such as cash flow forecasting and distributions, accounting for debt, preparation and analysis for owners meeting, budget preparation and variance analysis
- Oversee FERC accounting activities including the coordination, preparation, and filing of quarterly and annual Form 6 reports
- Supervise the research of FERC accounting issues and FERC accounting-related special projects
- Facilitate questions and requests from various business partners
- Lead/participate in special projects as assigned
- Drive for continuous improvement of business and systems processes, while maintaining integrity of controls and accuracy of the financial statements
- Bachelor’s degree in accounting required.
- Minimum 6 years’ accounting, finance, or related experience required.
- CPA preferred
Adaptability, Authentic Communicator, Business Acumen, Continuous Improvement Mindset, Critical Thinking, Energizing the Organization, Ongoing Learning & Self-Development, Problem Solving, Regulatory Compliance, Results Driven, Selecting & Developing People, Strategic Outlook
Travel:
- Up to 15%
Location:
Findlay OH Main Bldg
Additional locations:
San Antonio TX
Job Requisition ID:
00016029
Location Address:
539 S Main St
Education:
Bachelors: Accounting (Required)
Employee Group:
Full time
Employee Subgroup:
Regular
Marathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, reproductive health decision-making, age, mental or physical disability, medical condition or AIDS/HIV status, ancestry, national origin, genetic information, military, veteran status, marital status, citizenship or any other status protected by applicable federal, state, or local laws. If you would like more information about your EEO rights as an applicant, click here.
If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at talentacquisition@marathonpetroleum.com. Please specify the reasonable accommodation you are requesting, along with the job posting number in which you may be interested. A Human Resources representative will review your request and contact you to discuss a reasonable accommodation. Marathon Petroleum offers a total rewards program which includes, but is not limited to, access to health, vision, and dental insurance, paid time off, 401k matching program, paid parental leave, and educational reimbursement. Detailed benefit information is available at https://mympcbenefits.com.The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.
Equal Opportunity Employer: Veteran / Disability
We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.
