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Location Name: Various, Various 
Job/Requisition ID: 62497 
Location Address: Various, Various, Various, United States (US), Various
Education Level: Bachelor's Required 
Relevant Experience Level: Senior (11+ Years) 
Employee Group: Regular - Full Time
Employee Subgroup: Salaried Exempt

 

***This position can be seated in San Antonio, TX OR Findlay, OH**

 

POSITION SUMMARY:

Management role in Fortune 25 tax department of 115 professionals; manage the 8-person corporate income tax team of 2 direct reports and 5-6 indirect reports. Responsibility includes mentoring, coaching and developing staff; managing tax compliance, Provision forecasts and assisting with income tax planning for Sub C and Sub K tax operations. Provide significant assistance for M&A, other planning and audit; regular interface with Accounting, Finance, Treasury & business personnel; report to and work closely with Tax Director, Income Tax – Federal and International.

 

KEY RESPONSIBILITIES:

  • Managing a team of 7-8 persons, oversees the completion of annual federal income tax returns; including reviews and preparatory activities as necessary for the approximately 170 entities that are consolidated into the Marathon Petroleum Corporation & Affiliates corporation income tax return.
  • Oversees, including reviews and preparatory activities as necessary, the completion of quarterly forecasts of annual federal taxable income for use in the ASC-740 income tax provisions as reported in the Company’s financial statements and as part of the financial forecast process.  Ensures compliance with all relevant quarterly and annual SOX controls.
  • Assists and coordinates with the Federal Partnership Income Tax Operations Manager to complete the Company’s federal income tax responsibilities as tax matters partner for partnerships part of the publicly-traded MPLX LP tax returns. 
  • Oversees and conducts preparatory activities as necessary for the determination of quarterly federal estimated tax payments.
  • Ensures that the Company fully complies with the federal tax code.  Ensures that the Company avails itself to all relevant and prudent federal tax opportunities and credits.
  • Business development:  Supports the determinations and explanations of federal income tax impacts of business development proposals and transactions, particularly those which support growth of the publicly-traded partnerships.
  • Legislation: Supports the determinations and explanations of federal income tax impacts of federal legislative proposals. Coordinates relevant calculations of the federal tax impacts of enacted federal legislation.
  • Assists Tax Law with IRS audits, IRS CAP audit,  M&A analysis and any other modeling, data and other assistance as required by Tax Law activities.

 

 

EDUCATION AND EXPERIENCE:

  • Income tax compliance experience
    • Minimum 10-15 years progressive experience in domestic corporate and partnership income tax compliance. Must have significant experience working in SEC registrants or Big 4 Accounting firms
    • 6-years significant supervisory experience minimum
    • Significant experience conducting audits and defending tax positions under examination
    • Strong working knowledge of Sub-chapter C and and familiarity with Sub-chapter K
  • SEC registrant income tax provision experience
    • Must have 6 or more years preparing and/or reviewing ASC-740 accounting for SEC registrants
    • Must be significantly experienced in developing the corporate income tax effective rate
  • Must be able to direct and conduct income tax law research, effectively present results and determine tax positions
  • Must have experience in effectively and quickly modeling
    • Tax legislation what-if scenarios
    • Cash taxes in an ever changing forecast environment
    • Business development and M&A what-if scenarios
  • Must be a committed team player and have demonstrated ability to -
    • Provide highly effective work planning and communication to the entire tax team
    • Work effectively with Tax Accounting and Tax Law managers
    • Work effectively with Treasury and Budgeting personnel to develop forecasts
    • Ability to mentor and develop tax professionals
    • Personality - Inquisitive; high level of energy & integrity
  • Significant income tax systems and tax provision systems experience, including working from disparate ERPs into a single income tax compliance/provision system
  • Significant SAP or Oracle ERP experience
  • Education:  BS Accounting required;
    • JD or MST highly beneficial
  • CPA required

 

 


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About Marathon Petroleum Corporation

 

Marathon Petroleum Corporation is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation’s largest refining system with more than 3 million barrels per day of crude oil capacity across 16 refineries. Marathon Petroleum's marketing system includes branded locations across the United States, including Marathon branded outlets. Speedway LLC, a Marathon Petroleum subsidiary, owns and operates retail convenience stores across the United States. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company which owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.


Travel Expected: Up to 25%

 

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, 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 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.
 

Equal Opportunity Employer: Veteran / Disability
 

Marathon Petroleum Company LP participates in the E-Verify program in some states in which it operates (including AL, AZ, GA, MS, NC, SC, TN, and UT). For more information before proceeding, please see details in English or Spanish. Right to Work Statement English or Spanish.

To view benefit information for Marathon Petroleum Corporation please visit mympcbenefits.com.


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