Associate Accountant- Operations

4520 Marathon Petroleum Logistics Services LLC

Denver (CO)

On-site

USD 61,000 - 105,000

Full time

6 days ago
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Benefits offered by this job

Health insurance
Vision insurance
Dental insurance
Paid time off
401k matching
Parental leave
Educational reimbursement
Discretionary annual bonus

Job summary

Marathon Petroleum Corporation is seeking an Operations Accountant to settle gathering assets and assist with plant asset accounting across systems, ensuring accuracy and policy adherence. The role requires recording transactions, reconciling accounts, providing monthly estimates and variance analyses, and supporting SOX documentation for management and auditors.

Located in Denver, Colorado, the position offers a comprehensive benefits package and potential discretionary bonus in a large energy

Qualifications

  • Bachelor's degree in accounting, finance, or related field.
  • 0-1 years accounting/finance experience; oil & gas industry preferred.
  • Experience with SAP or similar accounting system preferred; strong GAAP knowledge.

Responsibilities

  • Obtain information to record accounting transactions in general ledger and systems.
  • Ensure transactions are recorded, documented, reviewed and supported per policies.
  • Record asset-related transactions accurately and timely in ledgers.
  • Prepare monthly estimates and actuals for specific assets.
  • Perform month-end balance analyses, reconciliations, and variance analysis.

Skills

GAAP knowledge
Accounting basics

Education

Bachelor's degree in accounting/finance

Tools

SAP

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).

Pay Min/Max: $61,200.00 - $105,400.00

Salary Grade: 7 - 8

Location: Denver, Colorado

Job Requisition ID: 00024231

Location Address: 1515 Arapahoe St Twr1 Ste 1600 Additional locations: Education: Employee Group: Full time Employee Subgroup: Regular

Contract type: Full time

BENEFITS
  • 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.

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.

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.

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.

About Marathon Petroleum Corporation Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.

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