Job Description

Requisition ID 76661 - Posted 12/01/2018 - Ohio

Requisition ID: 76661

POSITION SUMMARY:

Reporting to the Assistant Controller, the Technical Accounting Manager is responsible for researching, documenting, and communicating technical accounting policy under US GAAP.  This position supervises a team of other technical accountants and will have significant interaction with MPC's external audit firm.

 

RESPONSIBILITIES:

  • Counsels and advises internal customers on consistent and appropriate application of financial accounting policies and procedures;
  • Leading and performing research and documentation of technical accounting matters related to business transactions such as acquisitions, divestitures, investments in other business entities, and joint ventures;
  • Drafting illustrative policy examples, as necessary, to either improve current policy library or to clarify relevant application of US GAAP to any evolving business practices;
  • Working with cross functional teams on the implementation of new accounting standards;
  • Assisting with quarterly and annual technical accounting assessments, such as reporting unit and segment reporting analysis, goodwill impairment reviews, fair value disclosures, and variable interest entity analysis;
  • Interacting with the company's external auditors with respect to highly technical accounting matters;
  • Interacting with the company’s internal auditors.

 

SKILLS:

  • A solid understanding of US GAAP;
  • Experience with GAAP accounting research and the ability to relate US GAAP to practical real-world situations;
  • Proven analytical skills;
  • Superior writing skills as evidenced by relevant commentary on financial reports, issues, etc.;
  • A strong understanding of business and the role accounting plays in both growth and cost control scenarios;
  • Highly collaborative relationship style, adept at working across the organization;
  • Excellent presentation skills and ability to discuss key business issues comfortably and credibly with other of organization functions as well as with external auditors;
  • Unflinching integrity, ethics, and the courage to uphold principles;
  • A demonstrated ability to work effectively with a wide group of stakeholders.

 

  • A solid understanding of US GAAP;
  • Experience with GAAP accounting research and the ability to relate US GAAP to practical real-world situations;
  • Proven analytical skills;
  • Superior writing skills as evidenced by relevant commentary on financial reports, issues, etc.;
  • A strong understanding of business and the role accounting plays in both growth and cost control scenarios;
  • Highly collaborative relationship style, adept at working across the organization;
  • Excellent presentation skills and ability to discuss key business issues comfortably and credibly with other of organization functions as well as with external auditors;
  • Unflinching integrity, ethics, and the courage to uphold principles;
  • A demonstrated ability to work effectively with a wide group of stakeholders.

 

EDUCATION AND EXPERIENCE:

  • Bachelor’s degree in Accounting is required.
  • At least 10 years of accounting experience.
  • CPA is required. 

 

Marathon Petroleum Corporation (NYSE: MPC) is a large-scale geographically-diversified and highly -integrated refining, marketing and midstream company. MPC is the nation's largest refiner, with a crude oil refining capacity of more than 3 million barrels per calendar day in its 16-refinery system. MPC's high-quality, nationwide retail and marketing business includes approximately 3,900 company-owned and -operated stores and 7,800 branded locations. MPC owns the general partners of MPLX LP and Andeavor Logistics LP, two strong, customer-focused midstream master limited partnerships.

 

Application Instructions

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