Principal Technical Accountant

Marathon Petroleum Corporation•Findlay, OH

1d•Onsite

About The Position

Reporting to the Technical Accounting Director, the Principal Technical Accountant is responsible for researching, drafting, and communicating technical accounting policy under US GAAP. This position will have significant integration with the company’s external audit firm and various members of management and in partnering and leading other members of the technical accounting team. 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. As an energy industry leader, our career opportunities fuel personal and professional growth. 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.

Requirements

Bachelor’s degree in Accounting is required.
CPA required.
Ten (10) years relevant experience required.
Adaptability
Building Partnerships
Communication
Problem Solving
Project Management
Regulatory Compliance
Researching
Technical Knowledge
Technical Writing
Training & Development
Work Standards

Nice To Haves

A mix of public accounting and industry experience is preferred.
Two (2) years of big 4 audit experience (strongly preferred).

Responsibilities

Performs research, determines financial reporting and disclosure impact in the Company's Form 10-K and 10-Q, and prepares technical memos to support the Company's accounting treatment of the most significant and highly complex transactions.
Counsels and advises internal partners on consistent and appropriate application of financial accounting policies and procedures.
Drafts illustrative policy examples, as necessary, to either improve current policy library or to clarify relevant application of US GAAP to any evolving business practices.
Leads projects to implement newly issued accounting pronouncements.
Provides accounting advice to leadership to assist them in managing their responsibilities.
Leads cross-functional projects related to area of expertise.
May assist management with team oversight and review work of others.
Trains, mentors, and assists in providing direction to other team members.
Formulates and evaluates accounting processes to ensure proper control, adherence to GAAP requirements, and compliance with Sarbanes-Oxley.
Ensures the integrity of financial transactions with both internal and external stakeholders.
Support accounting processes by leading and providing guidance in the management and prioritization of business requirements, system enhancements, and/or accounting standards.
Ensure standard business processes are followed across multiple accounting functions.
Ensures successful completion of internal and external audits.
Ensure proper execution of controls and performance, documentation, and retention in accordance with accounting policy.