Associate Accountant - Accounts Payable at Marathon Petroleum

San Antonio, Texas, United States

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Not SpecifiedCompensation

Entry Level & New GradExperience Level

Full TimeJob Type

UnknownVisa

Oil and Gas, EnergyIndustries

Requirements

Bachelor’s degree in Accounting, Finance, or related field
Zero (0) – One (1) years of Accounting/Finance experience
Experience working with an ERP system, preferably SAP (preferred)
Strong analytical, problem solving and organizational skills (preferred)
Ability to adapt to continuous improvement and change (preferred)
Ability to communicate effectively verbally and in writing (preferred)
Skills/Competencies: Accountability, Adaptability, Building Partnerships, Business Process Improvement, Communication, Critical Thinking, Problem Solving, Taking Initiative, Technical Knowledge, Work Standards
Ability to utilize systems/tools, including but not limited to Excel, SAP, Right Angle, BW, Quorum, etc

Responsibilities

Accurate, timely, and professional reconciliation of assigned vendor accounts to resolve open invoices
Identify the root cause of issues and collaborate with stakeholders to resolve them
Support General Ledger account reconciliations, including the GRIR account, and the resolution of open items
Participate in special projects as deemed necessary by department management team
Collect, compile, analyze, and verify financial and other data to ensure the integrity of accounting records
Assist with analysis and schedules in support of financial statements
Create and record journal entries and/or other transactions directly or indirectly impacting the financials, maintain general ledger, and reconcile accounts
Ensure the integrity of financial transactions with both internal and external stakeholders
Support accounting processes by addressing and assisting with fulfilling business requirements
Support and follow standard business processes within specific accounting function
Support and fulfill internal and external audit requests
Ensure proper execution of controls and performance, documentation, and retention in accordance with accounting policy
Document, update, and maintain internal procedures or work on simple special projects

Skills

Key technologies and capabilities for this role

ExcelSAPAccounts PayableGeneral LedgerReconciliationJournal EntriesFinancial AnalysisERPGRIRAudit Support

Questions & Answers

Common questions about this position

What is the location for this Associate Accountant position?

The position is located in San Antonio, Texas.

What education and experience are required for this role?

A Bachelor’s degree in Accounting, Finance, or related field is required, along with zero (0) – one (1) years of Accounting/Finance experience.

What systems or tools will I need to use in this position?

The role requires the ability to utilize systems/tools such as Excel, SAP, Right Angle, BW, Quorum, etc.

What is the company culture like at Marathon Petroleum?

MPC is committed to being a great place to work that welcomes new ideas, encourages diverse perspectives, develops people, and fosters a collaborative team environment.

What skills make a strong candidate for this Associate Accountant role?

Preferred experience includes working with an ERP system like SAP, strong analytical, problem-solving, and organizational skills, adaptability to change, and effective verbal and written communication.

Marathon Petroleum

Refines and markets petroleum products

About Marathon Petroleum

Marathon Petroleum Corporation operates in the energy sector, focusing on refining and marketing petroleum products. They process crude oil into usable products like gasoline, diesel, and jet fuel at the largest refining system in the United States, located in Findlay, Ohio. Their extensive network includes branded retail locations across the country, primarily under the Marathon brand, serving individual consumers and businesses that need bulk fuel supplies. Additionally, they have a midstream subsidiary, MPLX LP, which gathers, processes, and transports crude oil and natural gas, facilitating the supply chain from raw materials to refineries. Marathon Petroleum's integrated business model allows them to control multiple stages of the supply chain, optimizing operations and reducing costs, which enhances profitability. The company's goal is to maintain strategic growth and operational excellence while serving a diverse range of clients efficiently.

Findlay, OhioHeadquarters

1887Year Founded

IPOCompany Stage

EnergyIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

401(k) Company Match

Parental Leave

Professional Development Budget

Performance Bonus

Risks

Volatility in crude oil prices can impact MPC's profitability.

Stricter environmental regulations may increase operational costs for MPC.

The rise of electric vehicles could reduce demand for MPC's gasoline products.

Differentiation

MPC operates the largest refining system in the United States.

The company has a strong integrated business model from refining to retail.

MPC's midstream operations through MPLX LP enhance its supply chain control.

Upsides

MPC's focus on operational excellence ensures competitive advantage and profitability.

Recognition for energy efficiency by the EPA highlights MPC's commitment to sustainability.

MPC's extensive retail network strengthens its market presence and customer reach.

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