Phillips 66

Analyst I, Contracts

Phillips 66 • $89K — $103K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Legally authorized to work in the posting country
  • Bachelor's degree in Business, Finance, Accounting or related field
  • 1+ years experience with operational systems
  • Intermediate proficiency with Microsoft Excel, Word, and Outlook

Responsibilities

  • Enter and maintain commodity transactions in SAP S/4
  • Prepare and send transaction confirmations; resolve discrepancies
  • Maintain contract, supplier, and transaction documentation
  • Support master agreement discussions across various teams
  • Coordinate new counterparty setups and internal approvals
  • Analyze contract and transaction data for reporting purposes
  • Apply compliance requirements and identify process improvements

Benefits

  • Company bonus
  • Pension Plan
  • Savings Plan
  • Extended Health Care and Dental Benefits
  • Life, AD&D, LTD
  • Personal Development Account
  • Employee and Family Assistance Program
Full Job Description
As an Analyst I, Contracts at Phillips 66, you will support the accurate, timely administration of commodity contracts and transactions that help our business operate with confidence. This opportunity offers broad exposure to crude oil trading, legal, scheduling and finance while working with partners across the organization and with external counterparties.

What You'll Do
  • Enter and maintain commodity transactions in the SAP S/4 deal capture system, verify details against applicable deal tickets, and help correct errors.
  • Prepare and send transaction confirmations to third parties; review incoming confirmations and external feedback, investigate discrepancies, and drive resolutions to completion.
  • Prepare, update and maintain contract, supplier and transaction documentation and records so information remains accurate, accessible and auditable.
  • Support master agreement and General Terms & Conditions discussions by coordinating feedback among counterparties, Legal, Credit, traders, brokers and other internal partners.
  • Coordinate counterparty responses and internal approvals for new counterparty setups while following established procedures.
  • Collect, organize and analyze contract and transaction data to prepare standard reports and summaries for finance, legal, trading, scheduling and other stakeholders.
  • Apply internal controls, compliance requirements and documented processes to day-to-day work; obtain approval for exceptions and identify practical ways to improve work processes.
  • Build knowledge of commodity markets, contract administration, relevant regulations, systems and industry practices through training and ongoing learning.


What You'll Bring - Required
  • Legally authorized to work in the job posting country
  • Bachelor's degree in Business, Finance, Accounting or a related field
  • 1 or more years of experience with simple office or operational systems
  • Intermediate proficiency with Microsoft Excel, Word and Outlook


What Makes You Stand Out - Preferred
  • Experience with SAP S/4 or another deal capture or contract administration system
  • Experience supporting commodity transaction documentation, counterparty confirmations or contract records
  • Experience supporting master agreements, General Terms & Conditions or similar commercial contracts
  • Familiarity with Sarbanes-Oxley controls, documentation procedures and internal approval processes
  • Ability to resolve basic contract issues and identify the underlying cause of discrepancies
  • Strong attention to detail and ability to organize and prioritize work for multiple departments in a fast-paced, deadline-driven environment
  • Clear written and verbal communication skills, sound analytical judgment and a customer-focused approach
  • Working knowledge of crude oil commodity contracts


Compensation Range

This position has a base salary range of $89,205- $103,290.

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 employees include:

  • Company bonus
  • Pension Plan
  • Savings Plan
  • Extended Health Care and Dental Benefits
  • Life, AD&D, LTD
  • Personal Development Account
  • Employee and Family Assistance Program


Learn more about our benefits here.

To be considered

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of 09/29/2026.

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
Net Income
-$3.9 billion
Founded
1917
5 Year Trend
+5.6%
Revenue
$63.4 billion
NASDAQ

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