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Location Name: Various, Various 
Job/Requisition ID: 62562 
Location Address: Various, Various, Various, United States (US), Various
Education Level: Bachelor's Required 
Relevant Experience Level: Mid Career (4-10 Years) 
Employee Group: Regular - Full Time
Employee Subgroup: Salaried Exempt

 

**This position can be seated in San Antonio, TX OR Findlay, OH. Relocation is offered for this position, per mileage requirements.**

 

POSITION SUMMARY:

The position offers an excellent opportunity to play a vital role on the Marathon Petroleum Company income tax team.  The role encompasses all aspects of the company’s income tax provision; the incumbent will hold a lead role with the development, analysis, and review of annual effective tax rates for monthly and quarterly tax accruals as well as the annual year-end accrual for Marathon Petroleum Corporation and its subsidiaries in accordance with ASC 740.  This includes development of tax provision calculations utilizing CorpTax Provision software, review and reconciliation in SAP of tax provision entries, return-to-provision adjustments, uncertain tax positions, valuation allowances, tax basis balance sheets, and the preparation of traditional tax footnote disclosures in quarterly and annual reports.  Other general tax duties may be added to the position’s responsibilities. 

 

KEY RESPONSIBILITIES:

  • Assist in the technical analysis and financial reporting for all ASC-740 processes for publicly traded entities under MPC or MPLX ownership and/or control
    • Actively interface with each of the Tax Director – Income Tax roles to effectively understand the transactional activities that impact the tax provision, effectively assist in the planning for all aspects of the tax provision process, its correct quarterly execution
    • Interface with the independent auditor to effectively facilitate the quarterly review process and the annual financial statement audit processes;
    • Assist with the management of all key and non-key income tax controls for the tax provision;
    • Interface effectively with Accounting personnel especially including detail discussions and planning for all non-standard transactions occurring in the reporting periods to obtain full and complete understanding of all transactional, accounting method, or other changes occurring and the effect on the provision computation
    • Maintain a complete, accurate, and auditable set of books and records, including the needed work products of the Tax Directors’ work teams, to correctly and timely prepare the ASC-740 recordation processes, including tax basis balance sheet maintenance
  • Assist in the management of all Income Tax Technology processes and improvements for MPLX and MPC, including SAP fixed assets, CorpTax income tax compliance and provision processing, integration of data and reporting from SAP, Oracle, and S-4 Hana and any other ERP systems for income tax compliance and provision purposes (Federal, state, international)
  • Assist the Tax Manager – Income Tax Provision with ASC-740 planning for M&A or disposition activity, especially as it relates to changes in the tax provision reporting or modeling processes, determination of impact on earnings per share or the BPA forecasting processes

 

EDUCATION & EXPERIENCE:

  • B.S. Accounting, but highly prefer a Master degree in Accounting (MAcc, MBA, MS) or Taxation (MST)
  • CPA required
  • 7-10 years’ experience in Big 4 or at public traded companies in ASC-740
    • Prefer some experience managing a team
    • 3-5 years minimum corporation income tax compliance experience
    • 5-7 progresssive, quality years ASC-740 preparation/review experience


#LI-LP1 


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 10%

 

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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