Accountant - Gathering & Processing (G&P)

Posted 12 Days Ago
Be an Early Applicant
Denver, CO
77K-115K Annually
Mid level
Energy
The Role
The Operations Accountant manages accounting transactions for gathering assets, ensuring accuracy and compliance with company policies. Responsibilities include preparing estimates, conducting account reconciliations, and performing variance analysis for management reporting. The role requires collaboration with internal and external auditors and supporting other accountants as necessary.
Summary Generated by Built In

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 plant or gathering assets and/or assisting other accountants with their assets in a timely and accurate manner and in accordance with company policies using the various accounting systems. 

KEY RESPONSIBILITIES

  • Cross-train on gathering and plant systems to obtain experience closing systems in both manual spreadsheets and the Quorum application.

  • 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 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. 

  • Maintains desk procedures to document the mechanics of booking the assets.

EDUCATION AND EXPERIENCE

  • Bachelor’s degree in accounting required

  • 3+ years of experience required

  • 1-3 years of oil and gas industry experience preferred

  • Experience with SAP or other large ERP systems preferred

  • Advanced/Expert experience in Microsoft Excel is required

  • Strong understanding of generally accepted accounting principles (GAAP)

SKILLS

  • Ability to work in a challenging and fast-paced environment.

  • Ability to operate independently and provide solutions.

  • Highly motivated and team-oriented individual.

  • Detail-oriented and strong analytical skills.

  • Strong verbal and written communication skills.

  • Proficient in use of Word and have the aptitude to effectively learn company-specific accounting systems.

  • Excellent organization skills.

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

Job Requisition ID:

00014929

Pay Min/Max:

$76,900.00 - $115,300.00 Salary

Grade:

9

Location Address:

1515 Arapahoe St Twr1 Ste 1600

Additional locations:

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 [email protected]. 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.

Top Skills

Erp Systems
Excel
Gaap
SAP
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The Company
HQ: Findlay, Ohio
15,149 Employees
On-site Workplace
Year Founded: 1887

What We Do

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. More information is available at www.marathonpetroleum.com.

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