Senior Tax Analyst - Federal Income Tax - Marathon Petroleum Corporation
Houston, TX
About the Job
An exciting career awaits you
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.
POSITION SUMMARY:
The Federal Income Tax Compliance group is responsible for analyzing, compiling, and filing the federal income tax returns for Marathon Petroleum Corporation and its subsidiaries. The Senior Tax Analyst position analyzes various book/tax differences activity that flow into the federal returns for the Marathon Petroleum Corporation return and affiliates. The analyst performs multiple tasks and collaborates with internal and external organizations. This position reports to the Manager, Income Tax.
KEY RESPONSIBILITIES:
+ Prepares or reviews tax returns, estimates, and extensions, including timely filing and submissions with tax authorities. Prepares or reviews relevant calculations and workpapers to support tax filings.
+ Maintains close liaison with Company personnel and pertinent areas in the accounting and operating departments; keeps informed of changes and developments in these areas; and plans and recommends procedures to minimize the tax cost and to improve tax compliance and reporting procedures compliance procedures.
+ Supports the quarter-end and year-end tax accounting reporting process through preparation or review of tax workpapers and forecasted income tax details.
+ Keep abreast of tax law changes and perform tax research and interpret/document application to the company which could have a significant impact on the company’s financial results.
+ Assist to compile the requested information to respond to auditor requests timely, including requests for information from taxing authorities and external auditors. Assist with compiling documentation to support audit protests and the tax reserve entries including assisting with preparing protests, briefs and petitions; and participates in conferences with tax officials.
+ Makes accurate and timely tax return payments (via check, ACH or wire) to tax jurisdictions through SAP in coordination with the preparation and filing of the jurisdictional tax returns; and book journal entries as needed and reconcile tax liability general ledger accounts, as required.
+ Network with internal business partners including accounting other business partners to address questions and resolve issues regarding the reporting of any potential tax liability and changes in the business operations.
+ Identify and assist the implementation of income tax technology efforts, including process automation/improvements.
+ Assist Tax management with special projects, including time sensitive and confidential projects.
MINIMUM EDUCATION AND EXPERIENCE:
+ Bachelor’s degree is required. Majors in Accounting/ Business/ Finance related field is preferred
+ Three (3) to five (5) years of progressive experience is preferred
+ Five (5) years of Income Tax experience is required
+ Developing skills and expertise of tax rules and regulations
SKILLS:
+ Ability to assist with review of workstreams with low/mid-level complexity.
+ Strong ability to work well across all functions including accounting and other business partners.
+ Developing written and oral communication skills with ability to communicate tax issues to non-tax team members.
As an energy industry leader, our career opportunities fuel personal and professional growth.
Location:
San Antonio, Texas
Additional locations:
Findlay OH Main Bldg, Houston, Texas
Job Requisition ID:
00013831
Location Address:
19100 Ridgewood Pkwy
Education:
Employee Group:
Full time
Employee Subgroup:
Regular
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 (https://marathonpetroleum.brandextract.com/staged/marathonpetroleum.com/content/documents/Jobs_/Department_of_Labor_EEOC_.pdf) . 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 https://mympcbenefits.com .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.
About Marathon Petroleum Corporation
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.
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.
POSITION SUMMARY:
The Federal Income Tax Compliance group is responsible for analyzing, compiling, and filing the federal income tax returns for Marathon Petroleum Corporation and its subsidiaries. The Senior Tax Analyst position analyzes various book/tax differences activity that flow into the federal returns for the Marathon Petroleum Corporation return and affiliates. The analyst performs multiple tasks and collaborates with internal and external organizations. This position reports to the Manager, Income Tax.
KEY RESPONSIBILITIES:
+ Prepares or reviews tax returns, estimates, and extensions, including timely filing and submissions with tax authorities. Prepares or reviews relevant calculations and workpapers to support tax filings.
+ Maintains close liaison with Company personnel and pertinent areas in the accounting and operating departments; keeps informed of changes and developments in these areas; and plans and recommends procedures to minimize the tax cost and to improve tax compliance and reporting procedures compliance procedures.
+ Supports the quarter-end and year-end tax accounting reporting process through preparation or review of tax workpapers and forecasted income tax details.
+ Keep abreast of tax law changes and perform tax research and interpret/document application to the company which could have a significant impact on the company’s financial results.
+ Assist to compile the requested information to respond to auditor requests timely, including requests for information from taxing authorities and external auditors. Assist with compiling documentation to support audit protests and the tax reserve entries including assisting with preparing protests, briefs and petitions; and participates in conferences with tax officials.
+ Makes accurate and timely tax return payments (via check, ACH or wire) to tax jurisdictions through SAP in coordination with the preparation and filing of the jurisdictional tax returns; and book journal entries as needed and reconcile tax liability general ledger accounts, as required.
+ Network with internal business partners including accounting other business partners to address questions and resolve issues regarding the reporting of any potential tax liability and changes in the business operations.
+ Identify and assist the implementation of income tax technology efforts, including process automation/improvements.
+ Assist Tax management with special projects, including time sensitive and confidential projects.
MINIMUM EDUCATION AND EXPERIENCE:
+ Bachelor’s degree is required. Majors in Accounting/ Business/ Finance related field is preferred
+ Three (3) to five (5) years of progressive experience is preferred
+ Five (5) years of Income Tax experience is required
+ Developing skills and expertise of tax rules and regulations
SKILLS:
+ Ability to assist with review of workstreams with low/mid-level complexity.
+ Strong ability to work well across all functions including accounting and other business partners.
+ Developing written and oral communication skills with ability to communicate tax issues to non-tax team members.
As an energy industry leader, our career opportunities fuel personal and professional growth.
Location:
San Antonio, Texas
Additional locations:
Findlay OH Main Bldg, Houston, Texas
Job Requisition ID:
00013831
Location Address:
19100 Ridgewood Pkwy
Education:
Employee Group:
Full time
Employee Subgroup:
Regular
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 (https://marathonpetroleum.brandextract.com/staged/marathonpetroleum.com/content/documents/Jobs_/Department_of_Labor_EEOC_.pdf) . 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 https://mympcbenefits.com .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.
About Marathon Petroleum Corporation
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.
Source : Marathon Petroleum Corporation