Phillips 66 Jobs/Careers

Job Information

Phillips 66 Analyst, Reporting & Position Control in Houston, Texas

Phillips 66 & YOU- Together we can fuel the future

Phillips 66 has more than 140 years of experience in providing the energy that allows people to dream bigger and go farther, faster. We are committed to improving lives. That is our promise to our employees and our communities. And we are sustained by the backgrounds and experiences of our diverse teams. We call our cultural mindset Our Energy in Action, and it is defined through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66, ranked No. 23 on the Fortune 500 in 2019, has returned more than $26 billion to our shareholders since 2012.

Description

The Analyst, Reporting & Position Control position is responsible for supporting the monitoring and reporting of all physical and paper commodity trades using the commercial department's deal capture, position reporting and risk management systems. The position serves as an expert resource to the position control and risk analysis functions, solving problems, working special projects, training new analysts and backing up analysts during transitions.

Responsibilities May Include

  • Producing a daily analysis and explanation for business unit positions, exposure, and P&L in a timely and accurate manner.

  • Preparing a daily reconciliation of physical and financial positions to systems of record and front office control spreadsheets to support reporting accuracy and controls.

  • Providing business explanations for the monthly financial results.

  • Supporting and maintaining the Company's internal control environment to ensure compliance with all risk policies and trading controls.

  • Providing daily exposure information used to calculate and back test VaR.

  • Performing regression testing of system upgrades and enhancements.

  • Supporting modeling analysis for possible trading scenarios and structured products.

  • Providing ad hoc analysis and decision support information for commercial business units.

  • Serving as back-up in other regions or products to allow for continuous coverage on all desks at all times.

  • Ensuring prices are valid for valuing and marking all open positions to market.

Position Requirements

Basic/Required:

  • Legally authorized to work in the job posting country

  • Bachelor's degree

  • Intermediate proficiency in Microsoft Excel

Preferred:

  • Bachelor's degree in Finance, Accounting or Engineering

  • Working knowledge of financial products/contracts used in commodity trading and risk management (swaps, options, futures and forwards)

  • Working knowledge of SolArc RightAngle

  • Ability to work with and be part of several different teams in an open trade floor environment

  • Ability to juggle tasks in a fast-paced work environment in order to drive consistent process improvement and meet deadlines

  • Keen attention to detail

  • Organizational skills

  • Ability to work with minimal supervision and handle multiple priorities

  • Passion to excel (setting high standards, delivers results)

  • Solid oral and written communications skills

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 July 23, 2020 .

Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.

Phillips 66 is an EEO and Affirmative Action Employer of Females/Minorities/Veterans/Individuals with Disabilities

Requisition ID: 52603

Location: Texas - Houston

Job Field: Accounting/Finance

Division : Finance

Technical Req : No

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