Marathon Petroleum

Strategic Finance Manager

Marathon Petroleum$110K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics or Accounting required; advanced degree preferred.
  • Eight or more years of relevant experience in Finance, Economics or Accounting.
  • Strong background in financial modeling and analytical analysis is preferred.
  • At least 2 years of experience in Clean Product Marketing is preferred.
  • Must exhibit leadership qualities for mentoring analysts within the team.

Responsibilities

  • Support financial modeling and analytics for growth initiatives and capital deployment.
  • Coordinate activities with multiple departments including Business Development and Treasury.
  • Oversee the Authorization Request process for investments exceeding $5 million.
  • Facilitate financial discussions with consultants, advisors, and investment banks.
  • Develop and mentor analysts to enhance business acumen within Strategic Finance.
  • Conduct comprehensive risk analysis using various evaluation methods and tools.

Benefits

  • Access to health, vision, and dental insurance.
  • Paid time off and paid parental leave.
  • 401(k) matching program.
  • Educational reimbursement for further learning and development.
  • Eligible for a discretionary annual bonus program.
Full Job Description
POSITION SUMMARY:

The Strategic Finance Manager supports the Strategic Finance function for MPC and MPLX and serves as a key financial advisor on enterprise growth, capital deployment, and investment decisions. This role partners closely with executive leadership, including the CEO and CFO, and manages strategic relationships across Business Development, Strategy, and Operating Business Units to evaluate acquisitions, divestitures, joint ventures, organic growth opportunities, and overall portfolio performance.

The position is responsible for directing complex financial modeling, investment analysis, and capital allocation assessments while ensuring alignment across Finance, Treasury, Economics, Business Planning & Analysis, Credit, Insurance, Tax, and Accounting. The Strategic Finance Manager provides oversight of the Authorization Request (AR) process for significant capital investments, facilitating the review, evaluation, and approval of projects presented to senior management and the Board of Directors.

KEY RESPONSIBILITIES:
  • Supports the Refining, Midstream, Marketing or Renewables 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 small acquisitions, divestitures and joint ventures and portfolio assessment analytics.
  • Responsible for coordinating and aligning activities with Business Development, Strategy, Operating Business Units, MPC Economics, Finance, BP&A, Treasury, Credit, Insurance Tax and Accounting.
  • Oversight for the Authorization Request (AR) process which entails systematic evaluation of all investments over $5 MM within the Refining, Midstream, Marketing or Renewables segment and the review and submission for approval to senior management or the Board of Directors for the approval of such projects.
  • Supports financial and modeling discussions with consultants, advisors and investment banks on specific project engagements.
  • Responsible for development, training and mentoring analysts and elevating the business acumen of Refining, Midstream, Marketing or Renewables within Strategic Finance. Should be viewed as a Subject Matter Expert (SME) within the MPC, MPLX or Renewables Strategic Finance Business Unit and understand key business drivers in potential investments and understands 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.


MINIMUM QUALIFICATIONS:
  • Bachelor's degree in Finance, Economics or Accounting required. Advanced degree preferred.
  • Eight (8) or more years of experience in Finance, Economics or Accounting required.
  • Experience with financial modeling and/or analytical analysis preferred.
  • 2 years of experience of Clean Product Marketing experience is preferred.


Location:
San Antonio TX

Additional locations:

Job Requisition ID:


Location Address:
19100 Ridgewood Pkwy

Education:
Bachelors (Required)

Employee Group:
Full time

Employee Subgroup:
Regular

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.

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

Similar Jobs

More Jobs at Marathon Petroleum

More Finance & Insurance Jobs

Find similar Strategic Finance Manager jobs: