Associate Accountant- Operations

Marathon Petroleum Corporation; Denver (CO); On-site; USD 61,000 - 105,000; Full time

Job summary

Marathon Petroleum Corporation in Denver, Colorado, seeks an Operations Accountant to settle gathering assets and assist senior accountants with plant assets, ensuring accuracy and timeliness per company policies. You will work with systems like SAP and Quorum Suite to record transactions and perform month-end analysis.

The role requires a bachelor’s degree in accounting or finance and up to 1 year of experience; experience in oil and gas is preferred.

Qualifications

• Bachelor’s degree in accounting, finance, or related field.
• 0 - 1 years of accounting/finance experience.
• Oil and gas industry experience preferred.
• Experience with SAP or a similar accounting system preferred.
• Strong understanding of GAAP.

Responsibilities

• Obtains information from internal and external sources to record accounting transactions in the accounting systems and general ledger.
• Ensures transactions are recorded, documented, reviewed and supported in accordance with company policies and controls.
• Assure adherence to applicable customer contract terms.
• Responsible for accuracy and timeliness of transactions in the systems and general ledger accounts. Applies analytical review to system results to ensure transactions are properly recorded in the accounting systems.
• Prepare monthly estimates & actualization for the specific assets.
• Analyzes account balances and margin account activity at month end and prepares properly supported account reconciliations, margin analysis, and SOX documentation.
• Provide monthly variance analysis on assets for management reporting purposes.
• Answers and resolves internal and external customer inquiries, including audit inquiries from external auditors, Internal Auditing, and producer auditors.
• Files applicable regulatory reports as required by state and federal governmental agencies.
• Strive to understand the full-range of the applicable operational accounting systems (e.g. Quorum Suite and/or Right Angle) functionality, the specific assets for which the accountant is responsible and the midstream business.
• Supports projects as needed and assists other accountants as requested by management.
• Provide support to senior accountants and/or accounting supervisors.
• Maintains desk procedures to document the mechanics of booking the assets.

Skills

GAAP knowledge

Education

Bachelor's degree in accounting, finance, or related field

Tools

SAP

Quorum Suite

Right Angle

Job description

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

The Operations Accountant will be responsible for settling one or more gathering assets and assisting other senior accountants with their plant assets in a timely and accurate manner and in accordance with company policies using the various accounting systems.

KEY RESPONSIBILITIES

• Obtains information from internal and external sources to record accounting transactions in the accounting systems and general ledger.
• Ensures transactions are recorded, documented, reviewed and supported in accordance with company policies and controls.
• Assure adherence to applicable customer contract terms.
• Responsible for accuracy and timeliness of transactions in the systems and general ledger accounts. Applies analytical review to system results to ensure transactions are properly recorded in the accounting systems.
• Prepare monthly estimates & actualization for the specific assets.
• Analyzes account balances and margin account activity at month end and prepares properly supported account reconciliations, margin analysis, and SOX documentation.
• Provide monthly variance analysis on assets for management reporting purposes.
• Answers and resolves internal and external customer inquiries, including audit inquiries from external auditors, Internal Auditing, and producer auditors.
• Files applicable regulatory reports as required by state and federal governmental agencies.
• Strive to understand the full-range of the applicable operational accounting systems (e.g. Quorum Suite and/or Right Angle) functionality, the specific assets for which the accountant is responsible and the midstream business.
• Supports projects as needed and assists other accountants as requested by management.
• Provide support to senior accountants and/or accounting supervisors.
• Maintains desk procedures to document the mechanics of booking the assets.

MINIMUM QUALIFICATIONS

• Bachelor’s degree in accounting, finance, or related field.
• 0 - 1 years of accounting/finance experience.

• Oil and gas industry experience preferred.
• Experience with SAP or a similar accounting system preferred.
• Strong understanding of generally accepted accounting principles (GAAP).

Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.

External Field.

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location

Denver, Colorado

Pay Min/Max

$61,200.00 - $105,400.00 Salary

Grade

7 - 8

Location Address

1515 Arapahoe St Twr1 Ste 1600

Employment type

Regular

Full time

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 need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at [e-mail]. 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 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.