Senior Accountant - MPLX L&S Accounting

At MPC, were 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.

Position Summary:

MPLX Logistics and Storage (L&S) Accounting records costs and revenue for the L&S segment, prepares financial statements for operated joint ventures, engages with the business through financial reports, and maintains accounting records for SEC and Federal Energy Regulatory Commission (FERC) reporting.

The Senior Accountant position is responsible for pipeline deferred revenue accounting, reviewing new revenue agreements, accounting for project reimbursement agreements, and preparing quarterly financial disclosures. The position prepares and provides the business with budgets and forecasts for deferred revenue recognition. This position works closely with various organizations across the company including Technical Accounting, Business Development, and Pipelines Business Operations and Planning. The successful candidate should be results driven and a self-starter with strong analytic skills and the ability to work in a team environment.

Key Responsibilities:

• Account for transportation service agreements. This includes recording, forecasting, planning, and reporting of deferred revenues.

• Support MPLX L&S revenue accounting process through agreement invoicing, monthly reviews, and recording reclass entries

• Review new agreements with operations and Technical Accounting

• Account for project reimbursement agreements

• Prepare key information for financial reporting disclosures

• Complete closeout activities including journal entry preparation, account review and analysis, reporting, and account reconciliation

• Lead/participate in special projects as assigned

• Prepare and/or review FERC financial statements as requested

• Assume other accounting responsibilities as required

• Drive for continuous improvement of business and systems processes, while maintaining integrity of controls and accuracy of the financial statements

Minimum Qualifications:

• Bachelors degree in accounting, finance, or related field is required.

• Minimum 3 years accounting/finance experience is required.

Skills:

• Accountability

• Adaptability

• Building Partnerships

• Business Process Improvement

• Communication

• Critical Thinking

• Problem Solving

• Taking Initiative

• Technical Knowledge

• Work Standards

As an energy industry leader, our career opportunities fuel personal and professional growth.

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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, reproductive health decision-making, 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. Marathon Petroleum offers a total rewards program which includes, but is not limited to, access to health, vision, and dental insurance, paid time off, 401k matching program, paid parental leave, and educational reimbursement. Detailed benefit information is available at .The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.

Equal Opportunity Employer: Veteran / Disability

We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.