Senior Financial Operations Auditor II - Marathon Petroleum

Role Overview

The Senior Financial Operations Auditor II at Marathon Petroleum Corporation (MPC) is a critical role within the internal audit function. This position is responsible for planning, executing, and reporting on financial, operational, compliance, and special audits across MPC and MPLX business units. The Senior Auditor ensures audit engagements are conducted in accordance with the International Standards for the Professional Practice of Internal Auditing and MPC's enterprise audit methodology. They play a key role in identifying risks, evaluating internal controls, and recommending improvements to enhance the effectiveness and efficiency of operations.

A Day in the Life

A typical day for a Senior Financial Operations Auditor II might involve:

• Planning and Scoping Audits: Reviewing prior audit reports, conducting risk assessments, and developing audit programs to address key risks.
• Executing Audit Procedures: Performing walkthroughs of business processes, testing internal controls, and analyzing data to identify potential issues.
• Communicating with Stakeholders: Meeting with business unit leaders to discuss audit findings and recommendations.
• Preparing Audit Reports: Documenting audit procedures, findings, and recommendations in clear and concise reports.
• Following Up on Audit Issues: Tracking the status of audit recommendations and ensuring they are implemented effectively.
• Mentoring Staff: Providing guidance and support to junior auditors on the team.
• Data Analysis: Using data analytics tools to identify trends and anomalies that may indicate control weaknesses or operational inefficiencies.
• SOX Compliance: Working with the SOX 404 team to ensure compliance with internal control requirements.
• Process Improvement: Identifying opportunities to streamline processes and improve internal controls.
• Staying Updated: Keeping abreast of changes in accounting standards, auditing regulations, and industry best practices.

Why Houston, Texas?

Houston is a major hub for the energy industry, offering numerous opportunities for professional growth and development. Marathon Petroleum has a significant presence in Houston, providing a stable and rewarding career path for Senior Financial Operations Auditors. The city also boasts a diverse culture, affordable cost of living, and a wide range of recreational activities. Houston provides a blend of big-city amenities and a welcoming community. The city is home to world-class museums, theaters, and restaurants. Its diverse economy and strong job market, particularly in the energy sector, make it an attractive location for professionals seeking career advancement.

Career Path

The Senior Financial Operations Auditor II role is a stepping stone to more senior positions within the internal audit function. Potential career paths include:

• Audit Manager: Overseeing a team of auditors and managing multiple audit engagements.
• Audit Director: Leading the internal audit function and developing audit strategy.
• Compliance Manager: Ensuring compliance with relevant laws and regulations.
• Risk Manager: Identifying and mitigating risks across the organization.
• Financial Analyst: Moving into a financial analysis role within a business unit.

This role provides a strong foundation for career advancement within Marathon Petroleum, offering opportunities to develop leadership skills, expand your knowledge of the business, and make a significant impact on the organization.

Salary & Benefits

The salary range for a Senior Financial Operations Auditor II at Marathon Petroleum in Houston, Texas, is typically between $90,000 and $140,000 per year, depending on experience and qualifications. In addition to a competitive salary, MPC offers a comprehensive benefits package, including:

• Health Insurance: Medical, dental, and vision coverage.
• Retirement Savings: 401(k) plan with company match.
• Paid Time Off: Vacation, sick leave, and holidays.
• Employee Stock Purchase Plan: Opportunity to purchase MPC stock at a discounted price.
• Tuition Reimbursement: Assistance with continuing education and professional development.
• Life Insurance: Company-paid life insurance and supplemental life insurance options.
• Disability Coverage: Short-term and long-term disability benefits.
• Wellness Programs: Resources to support your physical and mental well-being.

MPC Culture

Marathon Petroleum is committed to creating a positive and inclusive work environment. The company values diversity, collaboration, and continuous improvement. Employees are encouraged to share their ideas, challenge the status quo, and work together to achieve common goals. MPC also emphasizes employee development, providing opportunities for training, mentoring, and career advancement. Marathon Petroleum fosters a culture of respect, integrity, and accountability. The company is committed to operating in a safe and environmentally responsible manner.

How to Apply

To apply for the Senior Financial Operations Auditor II position at Marathon Petroleum, visit the MPC careers website. Search for the job posting by job title or location. Submit your resume and cover letter, highlighting your relevant skills and experience. Be sure to tailor your application to the specific requirements of the position. The application process typically involves an initial screening of applications, followed by phone interviews and in-person interviews with the hiring manager and other members of the team. Selected candidates may also be required to complete a background check and drug screen.

FAQ

1. What qualifications are required for this role? A Bachelor's degree in Accounting, Finance, or a related field is required, along with 5+ years of experience in auditing, finance, or a related area. Certifications such as CPA, CIA, or CISA are preferred.
2. What are the key responsibilities of a Senior Financial Operations Auditor II? This role involves planning, executing, and reporting on financial, operational, compliance, and special audits. It includes risk assessment, internal control testing, and communication with stakeholders.
3. What skills are essential for success in this position? Strong analytical, communication, and leadership skills are crucial. Proficiency in data analytics tools, knowledge of auditing standards, and experience with SOX 404 compliance are also important.
4. What is the career path for this role? Potential career paths include Audit Manager, Audit Director, Compliance Manager, Risk Manager, or Financial Analyst.
5. What is the salary range for this position? The salary range is typically between $90,000 and $140,000 per year, depending on experience and qualifications.
6. What benefits does Marathon Petroleum offer? MPC offers a comprehensive benefits package, including health insurance, retirement savings plans, paid time off, and tuition reimbursement.
7. What is the company culture like at Marathon Petroleum? MPC fosters a culture of respect, integrity, and accountability. The company values diversity, collaboration, and continuous improvement.
8. How does MPC support employee development? MPC provides opportunities for training, mentoring, and career advancement. The company also offers tuition reimbursement for continuing education.
9. What opportunities are there for remote work? This position is not listed as a remote work, so work will be conducted in person.
10. What are the working hours for this position? Normal working hours would be 8:00am to 5:00pm Monday through Friday.