Phillips 66

Advisor II, Supply and Exchange

Phillips 66 • $108K — $133K *
Houston, TX 77084In-Person
Energy & Utilities
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Legally authorized to work in the United States
  • Bachelor's degree in Engineering, Business, Supply Chain Management, or a related field
  • 3+ years of experience in the Energy industry
  • 5+ years in analytical or operational roles supporting Commercial Supply & Trading activities is preferred
  • Strong proficiency in Excel, PowerPoint, SAP, Tableau/Power BI, and Alteryx DV
  • Solid financial and economic analysis skills

Responsibilities

  • Coordinate transmix operations, managing inventory and optimize sale deals
  • Oversee transloading operations for Billings Refinery offtake
  • Support negotiators by monitoring and confirming exchange balances
  • Assist in the administration of exchange agreements for accuracy
  • Develop Power BI dashboards to summarize deal performances
  • Conduct analysis on exchange activity and track profitability trends
  • Build relationships with internal and external stakeholders

Benefits

  • Annual Variable Cash Incentive Program (VCIP) bonus
  • 8% 401k company match
  • Cash Balance Account pension
  • Comprehensive medical, dental, and vision benefits
  • Annual company contribution to a Health Savings Account
  • Total well-being programs including Employee Assistance Plan and family care services
Full Job Description
Advisor II, Supply and Exchange (S&E) coordinates various operational and reporting activities and provides analysis to advise the team on deal performance and negotiations. The role is within the US Clean Products VCO team, reporting to the Sr Manager, Supply & Exchange and works regularly to support the Negotiators, Supply & Exchange. The position requires frequent interaction with various internal functions as well as external counterparties.

What You'll Do
  • Operations coordination, including:
    • Overseeing transmix operations, which could include managing inventory, scheduling weekly liftings, optimizing between various disposition options, and renegotiating existing term sale deals.
    • Overseeing transloading operations, which is currently in support of optimizing Billings Refinery offtake.
    • Supporting Negotiators in monitoring and confirming exchange balances which entails financial book outs and bulk paybacks.
    • Supporting Negotiators in monthly nominations for exchange deals.
    • Providing occasional backup coverage for Negotiators requiring additional external touchpoints with counterparts.
  • Support various systems, including:
    • Ship-to, terminal, product, and carrier setups in support of S&E deals.
    • Updating DTN Tabs and allocation to counterparts.
    • Assisting in administration of exchange agreements ensuring correctness and completeness.
    • Entering or modifying sale, purchase, or exchange deals within SAP as needed.
  • Advice on reporting, including:
    • Maintenance and enhancement of Power BI dashboards (or equivalent) to assist in summarizing and assessing deals and performance.
    • Supporting efforts to increase Supply Book transparency.
    • Primary and secondary transfer cost auditing, analysis, and optimization.
    • Assisting with capturing and tracking GI value contributions from S&E activities.
  • Conduct analysis in support of optimization, including:
    • Reviewing exchange activity, volume trends, and relevant supply book activity and reporting on any anomalies, trends, or opportunities.
    • Actively tracking utilization and profitability of exchanges, term purchase, & sales deals.
    • Identifying additional opportunities that leverage P66's asset base or lower supply cost.
    • Providing negotiations support by analyzing alternatives-both internal to P66 and those of our counterparts-and advising Negotiators as well as participating in negotiation discussions.
    • Assisting with term deal annual reviews and providing ad-hoc analysis as needed.
  • In service of the above, develop and maintain strong relationships with internal stakeholders including Commercial, Marketing, VCO, Accounting, Back Office, and F&PA, as well as with external counterparties.


What You'll Bring - Required
  • Legally authorized to work in the United States
  • Bachelor's degree in Engineering, Business, Supply Chain Management, or another relevant field
  • 3 or more years of experience within the Energy industry


What Makes You Stand Out - Preferred
  • 5 or more years of experience in an analytical or operational role(s), supporting Commercial Supply & Trading activity, VCO, Refining, Marketing, or Midstream
  • Strong proficiency in Excel, PowerPoint, SAP, Tableau/Power BI, and Alteryx DV
  • Solid financial and economic analysis skills
  • Basic understanding of downstream operations, supply chain, and value drivers
  • Strong written, verbal communication and presentation skills
  • Proactive thinking, detail-oriented & creative problem-solving skills to support business focused analysis and decisions
  • High degree of ethics, personal drive and dedication to achieve team goals and general interest objectives
  • Ability to analyze complex data and recommend actions to stakeholders
  • Ability to adapt to changing work environments and make continuous improvements
  • Ability to set, manage, and meet multiple and competing priorities
  • Ability to work remotely via cellphone and/or laptop computer and willingness to work non-standard hours on occasion


Compensation Range

This position has a base salary range of $108,900 - $133,100.

At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role's requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.

Total Rewards

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being - physical, emotional, social, and financial - is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results - personally and professionally. Benefits for certain eligible, full-time employees include:

  • Annual Variable Cash Incentive Program (VCIP) bonus
  • 8% 401k company match
  • Cash Balance Account pension
  • Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
  • Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services


Learn more about Phillips 66 Total Rewards.

About Phillips 66

Phillips 66 is a growing energy manufacturing and logistics company. They’re the only integrated downstream company to combine leading midstream, chemicals, refining, and marketing and specialties businesses. With this diverse portfolio, Phillips 66 is uniquely positioned to capture opportunities of the changing energy landscape. Their Midstream segment includes Phillips 66’s transportation business, including operations of Phillips 66 Partners LP, their master limited partnership which conducted an initial public offering in July 2013; a 50 percent interest in DCP Midstream, LLC; and natural gas liquids (NGL) operations. DCP Midstream is the largest NGL producer and one of the largest natural gas gatherers and processors in the United States, with 63,000 miles of pipeline, 62 plants and 12 NGL fractionators.

Phillips 66 Careers

Join the Phillips 66 team today and be part of a thriving company renowned for leadership in the energy sector. At Phillips 66, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Work You’ll Do

Embark on a career with Phillips 66, where you can apply your skills to influence the energy industry positively. Our team is dedicated to excellence and seeks professionals who are passionate about driving change and achieving results. With Phillips 66, you will lead projects that matter, from groundbreaking energy solutions to sustainable practices that shape the future.

Explore Our Diverse Opportunities

Whether you're looking for an internship, a full-time position, or a leadership role, Phillips 66 has a range of employment options to suit your career ambitions. Our job opportunities span various disciplines, offering roles in engineering, business development, finance, and more. Each position at Phillips 66 is a stepping-stone to further growth and professional development.

Innovate and Grow

At Phillips 66, innovation is at the core of everything we do. We encourage our team to bring fresh ideas and perspectives to the table, fostering a culture of continuous improvement and creative problem-solving. Join us and contribute to industry-leading projects and initiatives that set Phillips 66 apart from the competition.

Develop Your Career

Phillips 66 is committed to the development of its employees. We offer comprehensive benefits and diversity training programs designed to enhance your skills and advance your career. From leadership development workshops to networking events, we provide the resources you need to succeed.

Be Part of Our Team

Our company culture celebrates diversity, encourages collaboration, and promotes an inclusive environment where everyone is respected and valued. By joining Phillips 66, you become part of a global team committed to excellence, integrity, and respect for the community and the environment.

Future-Proof Your Career

With Phillips 66, you are not just finding a job; you are building a career. We support your journey with unmatched training, mentorship, and opportunities to advance. Tailor your career path with various roles and projects that challenge and excite you.

Stay Connected

Discover the many ways Phillips 66 can enhance your career through our Jobs and Careers portal. Search open positions that match your interests and skills, and prepare your resume to take the first step towards a rewarding career at Phillips 66.

Keep Up to Date

Stay informed with the latest company news, career tips, and industry insights by subscribing to our careers blog. Gain insider perspectives that can help you navigate your professional journey effectively.

Join Our Team

Ready to make a significant impact? Explore the employment opportunities at Phillips 66 and find the perfect role that aligns with your skills and career goals. We are continuously hiring and looking for ambitious, curious, and driven team players.

SEARCH PHILLIPS 66 JOBS

Phillips 66 is where your career can thrive, surrounded by a community of leaders and innovators. Join us and fuel your future with one of the leading energy companies in the world.
Learn more about Phillips 66
Size
14,000 employees
Market Cap
$47.8 billion
Industry
Energy & Utilities
Net Income
-$3.9 billion
Founded
1917
5 Year Trend
+5.6%
Revenue
$63.4 billion
NASDAQ
PSX
* Ladders Estimates

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