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Junior Accountant Position
2 months ago
At Marathon Petroleum Corporation, we are dedicated to fostering a workplace that embraces innovation, values diverse viewpoints, and nurtures our workforce while promoting a cooperative team atmosphere.
POSITION OVERVIEW
The Junior Accountant will play a crucial role in managing various asset accounts and supporting senior accountants in maintaining plant asset records accurately and promptly, adhering to company policies and utilizing diverse accounting systems.
PRIMARY DUTIES
- Gather data from both internal and external sources to accurately document financial transactions within the accounting systems and general ledger.
- Ensure that all transactions are recorded, verified, and substantiated in compliance with company regulations and controls.
- Guarantee compliance with relevant customer contract stipulations.
- Accountable for the precision and promptness of transactions within the systems and general ledger accounts, applying analytical reviews to validate proper recording of transactions.
- Prepare monthly forecasts and actuals for designated assets.
- Evaluate account balances and margin account activities at month-end, producing well-supported account reconciliations, margin analyses, and SOX documentation.
- Deliver monthly variance analyses on assets for management reporting.
- Address and resolve inquiries from both internal and external customers, including audit questions from external auditors and internal auditing teams.
- Provide specialized knowledge to colleagues within the Marathon Petroleum community regarding specific systems.
- File necessary regulatory reports as mandated by state and federal agencies.
- Aim to comprehend the full spectrum of operational accounting systems functionality, the specific assets managed, and the midstream business context.
- Assist with projects as required and support other accountants as directed by management.
- Offer assistance to senior accountants and/or accounting supervisors.
- Maintain procedural documentation to outline the processes for asset bookings.
EDUCATIONAL BACKGROUND AND EXPERIENCE
- Bachelor's degree in accounting is mandatory.
- 0-2 years of relevant experience is required.
- Experience in the oil and gas sector is preferred.
- Familiarity with SAP or similar accounting software is advantageous.
- Strong grasp of generally accepted accounting principles (GAAP) is essential.
SKILLS REQUIRED
- Capability to thrive in a dynamic and fast-paced environment.
- Ability to work autonomously and devise solutions.
- Highly driven and collaborative individual.
- Detail-oriented with robust analytical abilities.
- Excellent verbal and written communication skills.
- Proficient in Excel and Word, with the ability to quickly learn company-specific accounting systems.
- Outstanding organizational skills.
As a leader in the energy sector, Marathon Petroleum Corporation offers career paths that promote both personal and professional development.