Phillips 66

Analyst II, Contracts

Phillips 66 • $82K — $101K *
Houston, TX 77084In-Person
Finance & Insurance
Less than 5 years of experience
2 days ago
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Legally authorized to work in the job posting country
  • Bachelor's degree
  • 6+ months of contract management experience in trading operations or related field

Responsibilities

  • Validate trade confirmations and contract terms with third parties for accuracy and alignment
  • Investigate and resolve contract discrepancies with stakeholders
  • Administer the end-to-end lifecycle of commercial contracts and maintain documentation
  • Compile and analyze contract data to support decision-making
  • Maintain compliance with internal policies and assist in audits
  • Collaborate to identify process improvements and automation in contracting
  • Provide backup support and cross-training within the contracts team
  • Build effective relationships with internal and external partners for efficient contract execution

Benefits

  • Annual Variable Cash Incentive Program (VCIP) bonus
  • 8% 401k company match
  • Cash Balance Account pension
  • Medical, Dental, and Vision benefits with company contribution to Health Savings Account
  • Total well-being programs including Employee Assistance Plan and well-being reimbursement
Full Job Description
As an Analyst II, Contracts on our Commercial team at Phillips 66, you will help ensure our trading and marketing deals are accurately reflected in contracts that protect the company and enable efficient execution. You will support day-to-day contract administration for physical and financial commodities, partnering closely with traders, schedulers, legal, and external counterparties. This role offers the opportunity to deepen your expertise in commercial contracting and energy markets while contributing to a fast-paced, collaborative team.

What You'll Do
  • Validate trade confirmations and contract terms with third parties to ensure accuracy, timely execution, and alignment with commercial agreements.
  • Investigate and resolve contract discrepancies, coordinating with internal stakeholders and external counterparties to identify root causes and prevent recurrence.
  • Administer the end-to-end lifecycle of commercial contracts, maintaining accurate records, variation logs, and documentation in company systems.
  • Compile, analyze, and report contract and transaction data using standard tools and reporting platforms to support decision-making and performance tracking.
  • Maintain standard templates, processes, and controls to support compliance with internal policies and applicable regulations, including assisting with internal and external audits.
  • Collaborate with stakeholders to identify and implement process improvements, standardization, and automation opportunities in contracting workflows.
  • Provide backup coverage and cross-training within the contracts team to support operational continuity.
  • Build and maintain effective working relationships with internal partners and external counterparties to facilitate efficient contract execution and timely issue resolution.


What You'll Bring - Required
  • Legally authorized to work in the job posting country
  • Bachelor's degree
  • 6 or more months of contract management experience supporting trading operations, finance, and/or related industry experience


What Makes You Stand Out - Preferred
  • Proficiency in Microsoft Office Suite
  • Experience supporting commercial contracts in energy trading, commodities, or related industries
  • Experience with SAP, Energy Trading and Risk Management (ETRM) systems, electronic trade confirmation platforms, and Icertis Contract Intelligence
  • Experience analyzing large contract and transaction data sets using reporting tools and databases
  • Strong numerical, analytical, and data interpretation skills applied to contract and financial data
  • Demonstrated ability to optimize work processes and contribute to continuous improvement in contract administration and reporting


Compensation Range

This position has a base salary range of $82,800 - $101,200.

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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