Company: Marathon Oil
Skills: Accounting
Education: Bachelors/3-5 yr Degree
Location: United States
No location/work authorization restrictions found.

Level of Work

Individual performs production and revenue accounting functions and assists in generating business improvements within assigned area with general supervision.


Exhibits integrity by being widely trusted and admits mistakes. Is seen as a direct, truthful individual. Follows through on commitments.

Understands how their job adds value and impacts Marathon's performance. Is optimistic. Is results-driven.

Possesses a positive, can-do attitude and expects the same from others. Pursues everything with energy, drive and perseverance.

Continually strives for excellence by maintaining and improving professional and technical skills. Actively seeks to share knowledge and insights that promote learning.

Communicates openly and is good at focused listening. Provides timely and relevant information. Offers alternatives to "the way it's always been done".

Willing to be held accountable. Shares credit when things go right and doesn't blame others when things go wrong.

Sees change as an opportunity. Learns from mistakes and shares this information freely. Remains focused in the face of changing circumstances and relationships.

Has a passion for seeking creative and innovative solutions to improve the business. Pushes self and influences others for results. Takes action to achieve goals beyond what is called for.

Is a Team Player and fully supports team decisions. Earns and gives respect at all levels in the company. Is reliable; can be counted on for quality and timely work.

Essential Job Functions

Under general supervision, applies the principles, theories and concepts of production and revenue accounting to assignments.

Continues to develop, broaden and utilize technical skills by seeking direction from more senior professionals and by attending appropriate training sessions.

Focuses a large portion of effort on data entry and learning with some time spent on analysis and problem-solving.

Demonstrates initiative in seeking additional responsibility and gaining knowledge beyond core responsibilities, e.g., striving to understand the "big picture".

May assist in developing and promoting sound recommendations that enhance the efficiency and effectiveness of the department.

May function as a project leader on less complex projects.

May assist with the training and mentoring of less experienced staff.

Other Job Responsibilities

Records revenue oil and gas bookings for assigned area of responsibility accurately and timely.

Understands the field setup and flow in order to book accurate entries.

Maintains accounts receivable balances and actively works outstanding balances.

Prepares monthly balance sheet reconcilements.

Provides data for audit, litigation and acquisition and disposition issues and requests.

Works with Division Orders on requests.

Timely processes PPAs (i.e. DO Analytic Report, etc.).

Provides variance explanations for the Earnings and Check Write Variance reports.

Sets up new wells.

Responds to Owner Inquiries within the agreed upon time.

Clears suspended cash entries.

Books COOP/OBO revenue accruals.

Provides analysis and commentary for Balance Sheet and Profit Letter meetings.

Performs monthly Gas Balancing functions.

Calculates Gas Balancing settlements.

Special projects.

Other duties assigned.

Minimum Education/Experience Guidelines

Bachelor's degree in Accounting/Finance strongly preferred

Computer Proficiencies: SAP PRA and Microsoft Office applications a plus.

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) || SF:DI; SF:GH; SF:LI; SF:MN; SF:RZ || Finance and Accounting || Not Applicable || || 30111 ||

Marathon Oil – Where You Can Make A Difference


Marathon Oil became an independent E&P company on July 1, 2011. Based in Houston, we're focused on the most significant oil-rich resource plays in the U.S. -- the Eagle Ford in Texas, Permian in New Mexico, STACK and SCOOP in Oklahoma, and the Bakken in North Dakota. We also have international operations in Europe and Africa. While we feel like a start-up in many ways, our roots go back 130 years to our company's formation in 1887. Our stock trades on the New York Stock Exchange under the ticker symbol MRO.


We’re on a transformative path, with a variety of exceptional opportunities for people who are up to the challenge. If that’s you – if you’re seeking a challenge and ready to make a difference – you could be the right fit to help drive our future. Our U.S. exploration and development assets offer energy professionals exposure to projects from early-stage evaluation through production. Our producing international assets provide a broader perspective on the world’s energy challenges.


We have more than just opportunity to offer. We’re invested in equipping our people for an entire career – from advancing technical skills through to developing the leadership behaviors and skills that will take our business forward. Our competitive compensation and benefits package goes beyond the basics to include a wellness program, self-funded (with company match) and company-funded retirement plans, flexible hours in some positions and tuition reimbursement. Grow your career with us.