SanAntonioTXRecruiter Since 2001
the smart solution for San Antonio jobs

Partnership Income Tax Supervisor - REMOTE OPPORTUNITY!

Company: Howard-Sloan Search
Location: San Antonio
Posted on: April 9, 2021

Job Description:

Partnership Income Tax Supervisor - REMOTE OPPORTUNITY!Howard-Sloan Search (San Antonio, Texas, United States) PLEASE REMOVE THIS)To apply for this position please e-mail a STRICTLY CONFIDENTIAL MS Word attachment of your resume, including your reasons for seeking a new opportunity, and your desired compensation (salary/bonus) to: Partnership Income Tax Supervisor (This position can be seated in San Antonio, TX OR Findlay, OH. Relocation is offered for this position - PLEASE REMOVE THIS) POSITION SUMMARY:The Partnership Federal Income Tax Compliance group is responsible for federal partnership income tax compliance requirements for Marathon Petroleum Corporation, principally consisting of MPLX LP, a publicly traded master limited partnership. This role is responsible for the supervision of the production and review of all partnership income tax returns within the Master limited partnerships, including all form K-1s. This role supervises the partnership compliance team, provides workflow and process management to the income tax return, K-1 processing, and the provision modeling required to provide the federal corporate compliance team all needed data for the corporate tax returns. This role is responsible for reviewing, analyzing, and ensuring the partnership income tax compliance is performed in accordance with the master limited partnership agreement and the applicable tax law. The position partners with other Tax Organization groups and interfaces with Accounting, Financial Planning, Business Development, and Internal Audit, as well as with outside parties including the MLP's financial audit and MLP tax service teams. Creates a team environment and assists in training and mentoring staff and senior analysts. KEY RESPONSIBILITIES:-- Possesses the detailed Internal Revenue Code subchapter K knowledge needed to identify specific processes and procedures needed to comply with all relative tax laws and regulations. Interfaces with the Partnership Technical tax consultant to verify compliance with applicable federal partnership tax law.-- Works directly with the partnership K-1 systems service provider to ensure the K-1 processing system calculates the MLPs K-1 investors' information correctly. This position, with the direction of the Partnership Income Tax Manager, oversees the timely K-1 processing. This includes insuring that the IRS tax package is issued in accordance with the tax laws and regulatory guidance in effect at time of issuance. -- Working with the Partnership Income Tax Manager and the outside tax personnel of non-operated partnerships, reviews all partnership agreements and assists the manager to inform third party operators about MPLX's tax information needs. This role maintains effective relationships with third party tax information providers.-- Responsible for the review and preparation of tax return work-papers. More complex tax compliance tasks may be assigned to the consultant role and are reviewed by the manager. Routine preparation work is generally performed by staff and senior tax analysts and their work is reviewed by this role.-- The consultant will also review the preparation of the annual Schedules K-1, including monthly and annual schedules of book to taxable income, net cash equivalents, and financial and tax basis balance sheets.-- Reviews and reconciles inputs and outputs from the MLP database, including documenting compliance with internal controls.-- Reviews tax fixed asset activities as supported in the Marathon internal and MLP K-1 service providers systems.-- Reviews SAP tax depreciation and gain/loss calculations, analyzing partnership depreciation and gains/losses to partners.-- Provide analysis and information required for business development and tax planning activities.-- Interface with Marathon Petroleum and MPLX Accounting Organization personnel to obtain and understand financial data and transactions.-- Investigate and respond to public unitholder inquiries.-- Mentor and train tax staff. EDUCATION AND EXPERIENCE:-- Degree: Bachelor's degree in Accounting required, a master's degree in accounting or taxation strongly preferred-- Certifications: Certified Public Accountant is very strongly preferred and is required for promotion to management positions-- Computer Proficiencies: SAP, Oracle, and Corptax income tax compliance and provision software experience is preferred. A strong proficiency in Excel is required. Alteryx proficiency must be obtained.-- Work Experience: A minimum of 4-8 years of recent federal partnership income tax compliance experience (MLP experience very strongly preferred but not required) and 10 or more total years of corporate and/or partnership income tax compliance experience overall. The individual selected for this position will establish themselves as the "go-to" person for the area they are asked to lead.-- Must have strong interpersonal and communication skills, both written and verbal-- Ability to research and document tax issues-- Must have desire and ability to learn, grow in tax knowledge and application and lead a team.

  • Seniority LevelExecutive
    • Industry
    • Accounting
    • Employment TypeFull-time
      • Job Functions
      • Acc

Keywords: Howard-Sloan Search, San Antonio , Partnership Income Tax Supervisor - REMOTE OPPORTUNITY!, Accounting, Auditing , San Antonio, Texas

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Accounting, Auditing Jobs


Accounts Payable Specialist/ Staff Accountant
Description: Accounts Payable Specialist/ Staff Accountant Location: Austin, TX Department: G A Type: Full Time Company Overview ActiveProspect is the SaaS platform on a mission to make consent-based marketing the (more...)
Company: ActiveProspect, Inc.
Location: Austin
Posted on: 04/20/2021

ROUTE AUDITOR
Description: The Route Auditor is responsible for auditing routes and for verification of route information, including lot sizes, and noting physical constraints of customer locations such
Company: Winc Australia
Location: Austin
Posted on: 04/20/2021

Junior Financial Representative
Description: We're More Than InsuranceAt Mutual of Omaha, we're not afraid to step outside the box and release the potential for ultimate success. We are a Fortune 500 company that allows you to carve your own professional (more...)
Company: Mutual of Omaha
Location: Natalia
Posted on: 04/20/2021


Compliance Investigator 13-21
Description: DATE POSTED: April 1, 2021 POSITION: Compliance Investigator SALARY: 51,996.00- 62,520.00/Annual JOB : 13-21 DEADLINE FOR APPLICATIONS: April 22, 2021 Duties and Responsibilities: Responsible for ensuring (more...)
Company: Housing Authority of The City of Austin
Location: Austin
Posted on: 04/20/2021

Collections Specialist
Description: Ref ID: 04160-9502920838Classification: Collections SpecialistCompensation: 20.00 to 25.00 hourlyhe strongest candidates for this Collections Specialist position will be natural leaders driven by a (more...)
Company: Robert Half
Location: Austin
Posted on: 04/20/2021

Mail Processor - Postal Service
Description: MAIL PROCESSOR - POSTAL SERVICE NO EXPERIENCE REQUIRED - PAID TRAINING PROVIDED - JOB SECURITY br br br The Postal Service is the largest government related agency in terms of employees. The Postal (more...)
Company: USA Labor Services
Location: Austin
Posted on: 04/20/2021

Junior Financial Representative
Description: We're More Than InsuranceAt Mutual of Omaha, we're not afraid to step outside the box and release the potential for ultimate success. We are a Fortune 500 company that allows you to carve your own professional (more...)
Company: Mutual of Omaha
Location: Elmendorf
Posted on: 04/20/2021

Night Auditor
Description: La Quinta by Wyndhamis now seeking aNight Auditor to join our team at the La Quinta by Wyndham San Antonio - Riverwalk location in San Antonio,Texas.Job SummaryThe Night Auditor is responsible for reconciling (more...)
Company: La Quinta by Wyndham San Antonio - Riverwalk
Location: San Antonio
Posted on: 04/20/2021

Systems Senior Project Manager (Independence Title - Main
Description: Systems Senior Project Manager Independence Title - Main Austin Texas Job Description Independence Title Company in Austin, TX,--a wholly owned subsidiary of Title Resource Group TRG , is seeking a--Systems (more...)
Company: Title Resource Group LLC
Location: Austin
Posted on: 04/20/2021

Sr. Accountant
Description: Cambridge Spa Group CSG , a private equity backed, leading franchisee consolidator within the Massage Envy franchise system, is looking for an experienced Accounting Manager to help lead the Company (more...)
Company: Cambridge Spa Group LLC
Location: Austin
Posted on: 04/20/2021

Log In or Create An Account

Get the latest Texas jobs by following @recnetTX on Twitter!

San Antonio RSS job feeds