Tax Analyst or Advanced Tax Analyst (title based on experience)
The Tax Analyst (Advanced Tax Analyst) works with internal business partners to understand the business and transactional data flows to determine taxability of transactions. This position is responsible for filing state and local tax returns for assigned tax jurisdictions and providing support during audits by taxing authorities. Solid critical thinking skills are requisite to ensure we pay taxes due with a high degree of accuracy and efficiency. The work is dynamic, fast-paced, and requires multi-tasking with a continuous improvement mindset. An ability to accept and initiate change is essential. Internal and external technical training is provided.
Register entities in new tax jurisdictions for motor fuel or related licenses. Maintain current licensing status for customers and suppliers and tax exemption.
Keep abreast of motor fuel tax law changes and perform tax research and interpret/document application to the company business in assigned tax jurisdictions.
Identify changes needed in motor fuel tax determination and initiate systems updates.
Prepare and file monthly, quarterly, and annual motor fuel tax and gross receipts tax returns for assigned tax jurisdictions.
Make 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.
Work closely with inventory accounting, sales accounting, marketing and renewable fuels accounting to address questions and resolve issues regarding the reporting of any potential tax liability.
Book journal entries as needed and reconcile tax liability general ledger accounts monthly.
For jurisdictional audits, compile the requested information and respond to auditor requests timely, make recommendations on the statistical audit plan, review and challenge the audit results appropriately, and recommend audit settlement with tax management. Assist with compiling documentation to support audit protests.
Network with internal business partners and review changes in their business operations for potential tax impact.
Identify and assist the implementation of process improvement ideas in the tax collection, filing and remittance procedures; Assist Tax management with special projects.
Degree: Bachelors Required
Major Discipline: Accounting or Light Product Supply and Logistics with Accounting minor preferred
Years’ Experience Required: A minimum of two (2) years refining, marketing, supply or accounting experience preferred
Travel Required (%): Less than 5%
About Marathon Petroleum Corporation
MPC is the nation’s second-largest refiner, with a crude oil refining capacity of approximately 1.9 million barrels per calendar day in its six-refinery system. Marathon brand gasoline is sold through approximately 5,600 independently owned retail outlets across 20 states and the District of Columbia. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation’s second-largest convenience store chain, with approximately 2,740 convenience stores in 21 states.
MPC owns, leases or has ownership interests in approximately 10,800 miles of crude oil and light product pipelines. Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. Through MPLX, MPC has ownership interests in gathering and processing facilities with approximately 5.9 billion cubic feet per day of gathering capacity, 8.4 billion cubic feet per day of natural gas processing capacity and 610,000 barrels per day of fractionation capacity.
MPC’s fully integrated system provides operational flexibility to move crude oil, NGLs, feedstocks and petroleum-related products efficiently through the company’s distribution network and midstream service businesses in the Midwest, Northeast, East Coast, Southeast and Gulf Coast regions.
Job Function: Corp Functions; Fin and Acctg
Travel Expected: Less than 5%
If you have visited our site in search of information on U.S. employment opportunities and require an accommodation to submit your application, please contact the MPC EEO/Compliance Office at 866-492-7802. Note that we only accept resumes and applications for posted positions.
Marathon Petroleum Company LP (“MPC”) is an equal employment opportunity employer. All applicants will be considered without regard to their race, color, religion, sex, age, disability, national origin, sexual orientation, genetic information, gender identity, veteran status or other legally protected status.