Marathon Petroleum

Strategic Finance Director

Marathon Petroleum$160K — $190K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Economics, or Accounting required
  • Master's degree (MBA) and/or Advanced degree preferred
  • 12+ years of work experience in finance, economics, or accounting required
  • Experience with financial modeling and/or analytical analysis preferred

Responsibilities

  • Directs strategic finance interactions with executive management, focusing on growth initiatives and investments.
  • Supports leaders in executing short and long-term financial strategies aligned with enterprise objectives.
  • Oversees systematic evaluation of significant investments and manages post-approval monitoring of capital projects.
  • Facilitates financial discussions with external consultants and investment banks.
  • Coordinates investment activities across multiple business units, ensuring alignment with overall strategy.
  • Leads and mentors finance analysts to enhance business acumen within the strategic finance team.
  • Implements advanced risk analysis methodologies for project evaluation and portfolio risk management.

Benefits

  • Professional development opportunities and mentoring programs
  • Collaborative work environment with senior leadership
  • Access to advanced financial modeling tools
  • Participation in substantial investment decision-making
  • Involvement in high-stakes capital projects and initiatives
Full Job Description
Position Summary

The Strategic Finance Director leads the strategic finance function for then MPC or MPLX business segment, serving as a trusted advisor to executive leadership, including the CEO, CFO, and senior business leaders. The role provides financial leadership and analytical oversight for major growth initiatives, capital investments, mergers and acquisitions, divestitures, joint ventures, and portfolio optimization activities. Responsible for developing complex financial models, evaluating investment opportunities, assessing risk and return, and guiding capital allocation decisions, this position ensures investment recommendations align with enterprise strategy and financial objectives. The Director also oversees the Authorization Request (AR) process for significant capital investments and provides ongoing monitoring of approved projects to enhance financial performance and value realization.

As a recognized subject matter expert in strategic finance, the Director collaborates across Business Development, Strategy, Operations, Treasury, Economics, Tax, Accounting, Credit, Insurance, and Planning organizations to drive informed decision-making and enterprise value creation. The role leads a high-performing team of finance professionals, providing coaching, mentoring, and development opportunities while fostering advanced analytical capabilities and business acumen. Through rigorous risk assessment methodologies, including scenario analysis, sensitivity analysis, and Monte Carlo modeling, the Director delivers actionable insights that support long-term strategic planning, investment governance, and sustainable business growth.

Key Responsibilities
  • Directs the MPC or MPLX Strategic Finance Business Unit and interacts frequently with executive management, including CEO and CFO, manages the relationship with the MPC or MPLX Business Development, Strategy and Operating Business Unit groups in modeling and analytics related to growth initiatives and investments including all capital deployment, including Mergers and Acquisitions (M&A), divestitures, joint ventures, portfolio assessment analytics and capital allocation and reporting
  • Supports organizational leaders in executing the organization's short and long term financial strategies that align with the overall business and enterprise objectives. Key trusted business partner that identifies associated risks and opportunities to improve operational and financial performance.
  • Oversight for the Authorization Request (AR) process which entails systematic evaluation of all investments over $5 MM within the MPC or MPLX segment, responsible for the review and submission for approval to senior management or the Board of Directors for the approval of such projects. Is responsible for post capital project approval for ongoing monitoring and analysis of key project drivers and metrics through the construction and development phases.
  • Supports financial and modeling discussions with consultants, advisors andinvestment banks on specific project engagements.
  • Responsible for coordinating and aligning investment activities with Business Development, Strategy, Operating Business Units, MPC Economics, Finance, BP&A, Treasury, Credit, Insurance Tax and Accounting.
  • Responsible for development, training and mentoring analysts and elevating the business acumen of MPC, MPLX and Renewable within Strategic Finance. Viewed as a Subject Matter Expert (SME) within the MPC, MPLX or Renewables Strategic Finance Business Unit and understands key business drivers in potential investments, economic evaluation methods and practices of other companies to determine if such methods or practices could be utilized; researches and keeps abreast of current developments in financial evaluation techniques and financing
  • Maintain, enhance and improve the robust analysis of the risk factors for most projects as well as common risks among the portfolio of projects. Incorporates methods including, but not limited to, scenario analysis (various long term economic outlooks and assumptions), sensitivity analysis with low, medium and high cases and Monte Carlo analysis.
  • Develops and maintains a high performing team. Sets goals and direction for the team to align with MPC strategic pillars and objectives and monitors performance to accomplish organizational goals. Creates a formal development program to increase the team's business acumen and analytical skills. Allocates time to coaching and developing team members


Education and Experience
  • Bachelor's Degree in Finance, Economics, or Accounting required
  • Master's degree (MBA) and/or Advanced degree preferred
  • 12+ years of work experience in finance, economics, or accounting required
  • Experience with financial modeling and/or analytical analysis preferred


Location:
Findlay, Ohio

Additional locations:
Houston, Texas, San Antonio, Texas

Job Requisition ID:


Location Address:
539 S Main St

Education:

Employee Group:
Full time

Employee Subgroup:
Regular

About Marathon Petroleum

Marathon Petroleum Corporation (MPC) is in the business of creating value for their shareholders through the quality products and services they provide for their customers. They strongly believe how they conduct their business is just as integral to their bottom line. As a result, they strive to always act responsibly with those who work for them, with those business partners who work with them, and in every community where they operate.

Marathon Petroleum Careers

Joining Marathon Petroleum means becoming part of a leading global team in the energy sector, where job opportunities abound for those eager to advance their careers in a dynamic and inclusive environment. As one of the largest refining companies in the world, Marathon Petroleum is at the forefront of transforming the energy landscape.

Work You’ll Do

At Marathon Petroleum, your work will directly contribute to the company's ongoing success and leadership in the industry. You will collaborate with skilled professionals dedicated to innovation and excellence in all aspects of the energy sector. Our team's combined expertise fuels Marathon Petroleum's commitment to sustainable energy solutions and operational excellence.

Innovate and Lead

Step into a role that challenges and excites with Marathon Petroleum. Here, innovation isn't just a buzzword—it's a call to action. Our leadership is committed to fostering a culture where new ideas lead to groundbreaking solutions. This commitment to innovation and leadership is woven into every aspect of our business, from refining operations to environmental strategies.

Grow and Develop

Marathon Petroleum is deeply invested in the professional growth and development of its employees. We offer a variety of training and development programs, including leadership development, diversity training, and technical skills enhancement. Whether you're starting as an intern or a seasoned professional, you’ll find a pathway to personal and professional growth with us.

Be Part of Our Team

Our team at Marathon Petroleum is driven by a shared mission to excel. By joining us, you'll work alongside dedicated professionals who are passionate about their roles and the impact they have on the company and the industry. Our collaborative environment supports career advancement and fosters a culture of professional enrichment.

Diversity and Inclusion

At Marathon Petroleum, we believe diversity drives innovation. Our inclusive culture welcomes all perspectives and encourages a diverse workforce that reflects the communities we serve. We are committed to providing equal employment opportunities, ensuring that all team members have the resources they need to succeed.

Explore Job Opportunities

Marathon Petroleum offers a range of job opportunities across various functions of the business. From internships that provide real-world experience to full-time positions in engineering, business, and more, there’s a place for your skills and passions here.

Future-Proof Your Career

With Marathon Petroleum, you are not just finding a job; you are building a career equipped with the tools for success in the ever-evolving energy sector. Our robust benefits package supports your health, well-being, and financial security, allowing you to focus on professional development and career advancement.

Stay Connected

Join Our Team Discover the exciting career opportunities waiting for you at Marathon Petroleum. Search open positions that match your skills and interests. We are always on the lookout for curious, creative, and driven team members.

Keep Up to Date

Stay informed with the latest company news, industry insights, and career tips—all from the people who work here. Marathon Petroleum is more than a company—it's a community where you can grow, innovate, and lead.

Job Alert Emails

Customize your experience by subscribing to receive job alerts and insider information tailored to your preferences. Explore the rewarding opportunities that await at Marathon Petroleum.

Join Marathon Petroleum—where careers fuel futures.

Learn more about Marathon Petroleum
Size
17,700 employees
Market Cap
$53 billion
Industry
Net Income
-$9.8 billion
Founded
2005
5 Year Trend
+13.8%
Revenue
$74.9 billion
NASDAQ

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