Accounting Supervisor - L&S Operations

Posted 6 Days Ago
Be an Early Applicant
2 Locations
Senior level
Energy
The Role
The Accounting Supervisor oversees accounting processes, prepares financial reports, mentors a team, ensures compliance, and engages with business partners in financial matters.
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:

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

Minimum Qualifications:

  • Bachelor’s degree in accounting required.

  • Minimum 6 years’ accounting, finance, or related experience required.

  • CPA preferred

Skills & Competencies:

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%

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

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 [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 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.

Top Skills

Accounting Software
Ferc Reporting
Sec Reporting
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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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