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

MRO is looking for an Advanced Accounting Analyst based in Houston reporting to the Accounting Lead located in Malabo, Equatorial Guinea (EG). Overall responsibilities include: (1) provide functional and technical accounting expertise as a working member of the MEGPL Accounting Team; (2) assist Accounting Lead or Accounting Manager in execution of special projects and routine reviews within the EG Accounting Department; (3) assist and mentor National staff.


Conduct Marathon EG Production Limited's (MEGPL) business with the highest ethical standards

Address and troubleshoot ad hoc issues and requests as they arise. This includes:

Accounting impacts from process or system changes, upgrades, and restrictions

Reviews and calculations of complex transactions

Journal entry corrections and re-class entries as necessary

Perform variance analyses on financial and production data as requested by corporate office and by local management

Coordinate the monthly financial closeout process, including

Compilation and review of monthly financial activity in departmental meeting on workday 2

Compile and book selected monthly accruals

Review and confirm various postings and reports prepared by staff members

Compile and calculate monthly EG payroll taxes due on Expat compensation

Administer accounting for leases under the accounting standard ASC 842

Review AUC and Suspended Wells reports, update as appropriate, and report to Fixed Assets

Compile and calculate monthly uplift of timewriting charges to JV Partner

Assist and mentor National staff in routine and non-routine responsibilities

Administer the EG Reporting Database for financial queries and reporting

Prepare quarterly and annual reports to be submitted to SEC Reporting group, e.g. Leases, VIE, Fair value, Well counts, Costs incurred, Costs incurred to move P2 reserves to P1, etc.

Reconcile and validate data from SAP for the Statement of Expenditures (SOE) and Ministry of Mines and Hydrocarbons (MMH) reports

Support impairment evaluations of EG assets

Participate in corporate income tax process of 5 EG entities - data gathering, reconciliation, and review

Perform annual true-up and reallocation of mooring costs

Monitor activity in freight cost center to ensure that freight uplift percentage is accurate

Perform other duties as assigned from time to time by the F&A Manager, Accounting Manager and/or Accounting Lead in order to meet business needs, including personal training and development assignment opportunities.

Local Administer for the account reconciliation tool Blackline


Bachelor degree with a major in Accounting required

Accounting Certification preferred (CPA) but not required

Experience in Accounting, Planning and/or Financial Analysis required

Previous experience in an international assignment helpful but not required

MS Office Suite

Excel, Word

Access - experience or willingness to learn required


SAP and BW


English, basic Spanish helpful

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 || || 30225 ||

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.