Job Title: Planning Financial Analyst
This position will report to the Bakken Planning Manager. A successful candidate will have accounting and financial experience in order to understand the business and proactively provide support to the business unit. This position acts as an accounting liaison between Operations, Planning, and Accounting.
Primary function is performance analytics
Build financial acumen in the asset and integration with Accounting/Controllers
Primary contact with F&A organization and to bring Operational insight to these groups (Asset Accounting, Corp Accounting, Revenue Accounting, JV, A/P, SEC Reporting)
Understanding of forecast and key business drivers to bridge the gap between actuals and forecast for production, expense, and capital analysis
Strong understanding of operational forecast
Detailed direct, indirect, and capital expense analysis and contact for operations
Possess a general understanding of the following accounting areas:
Fixed Assets capital accruals, unproved property, DD&A
Joint venture / COPAS
Shipping & Handling / Marketing
Possess a strong understanding of financial statements (Income Statement, Balance Sheet, Cash Flow)
Understand the accounting close schedule and general understanding of SAP and ERP major processes (WBS settlement, work order process, cutback, etc.).
Possess experience with accounting policies, processes, systems, and reporting. Auditing experience a plus.
Possess ability to communicate difficult and possibly unpopular messages effectively and tactfully to asset/corporate management and others
Possess experience with IT, data, and process improvement a strong plus.
Mandatory: SAP, BW, Excel, Power Point
Optional (Nice to have): Spotfire, Enersight, WellView.
Education: Business preferable accounting or finance or 5 year experience in finance related field
Provide monthly financial performance reporting to various levels of management within the Asset and Corporate. Including SCORE/MPR/BAO performance coordination/analysis/validation
Build custom reports to support the asset, planning, and legal.
Review financials throughout the close process to identify errors. Coordinate with Asset and Accounting to resolve.
Assist Asset with competitor analysis and reporting.
Provide budget tracking for capital commitments.
Oversight of time writing process.
Assist Accounting and Asset with establishing streamlined processes for Accounting and Accruals.
Arbitrate and mediate effectively between Asset, Planning, and Accounting.
Leading financial/accounting subject matter presentations and discussions with Asset and Planning leadership
Communicate & train regarding advanced accounting policies, guidelines, and processes to Asset and Planning to ensure understanding and compliance.
Provide Planning feedback on accounting methodologies and financial modeling.
Coordinate with Planning and Accounting to find solutions for correct and efficient accounting that are also efficient and achievable to model in Planning's tools.
Liaise with Internal and External auditors to ensure that they have the necessary information for audits.
Monitor and coordinate resolution of process issues impacting monthly asset reporting accuracy
Marathon Oil Corporation (NYSE: MRO) is an independent oil and natural gas exploration and production company based in Houston, Texas. With a material position in four of the best oil-rich U.S. resource plays in different stages of development, we offer a variety of career opportunities, whether you're a recent college graduate or an experienced professional. You'll have the tools to develop and refine the skills and knowledge you need to succeed.
Marathon Oil Company will take the necessary action to ensure that applicants are treated without regard to their race, color, religion, sex, age, disability, national origin, sexual orientation, genetic information, veteran status or other protected status under applicable employment law.
If you are a current Marathon employee please use the ERP website to submit referrals.
Posting Notes: || Houston || TX || United States (US) || Not Applicable; SF:DI; SF:GH; SF:LI; SF:MN; SF:RZ || Finance and Accounting || Not Applicable || || 29361 ||