Phillips 66 Jobs/Careers

Job Information

Phillips 66 Cost Analyst- Houston, TX in Houston, Texas

Phillips 66 & YOU- Together we can fuel the future


The Cost Analyst will work under the direction of the Southeast Regional Manager and be accountable for tracking budgets, monitoring spend, revising forecasts, and generating reports and balance sheets. Manage the process and system used to provide updates on actual costs and develop accruals by working with asset supervisors and managers. Ensure activities are consistent with Phillips 66 core values, aligned with Midstream goals, and in compliance with company policies.

Responsibilities May Include

  • Consolidating field office regional spend plans that provide detail for all work (Field Major Maintenance, Integrity, Capital, etc.).

  • Managing and developing monthly regional variance explanations.

  • Preparing reports by asset, including financial KPI’s. Leading monthly review with asset managers.

  • Providing supervisors and managers with tools needed to track monthly and annual expenses.

  • Utilizing available resources to track expenses and cross reference to forecasting.

  • Managing the planning versus actual reporting and major maintenance expense forecasting.

  • Managing the process of making updates to forecasted expenditures.

  • Assisting (and leading on occasion) in training and developing of staff with budgeting and forecasting.

  • Compiling budget and preparing budget review reports for Regional Manager.

  • Facilitating weekly operations meetings to gain insight on project level work.

  • Facilitating updates on monthly project forecasts, liaison with project managers, planners, and leads for work plan execution

  • Supporting budgeting and forecasting for assets in geographically diverse areas.

Position Requirements


  • Legally authorized to work in the job posting country

  • High school diploma or GED equivalent

  • 3 or more years of experience in budgeting, forecasting, and making accruals

  • Intermediate proficiency in Microsoft Office Excel, Word; and SAP

  • Willing and able to travel up to 10% of the time


  • Bachelor’s degree in Business Administration or higher

  • 5 or more years of experience in budgeting, forecasting, and making accruals

  • Familiarity with operations and maintenance activities and costs associated with those activities


Our Midstream segment provides crude oil and refined product transportation, terminaling and processing services, as well as natural gas liquids (NGL) and liquefied petroleum gas (LPG) transportation, storage, processing and marketing services, mainly in the United States. This segment includes our master limited partnership, Phillips 66 Partners LP, as well as our 50 percent equity investment in DCP Midstream, LLC. As of December 31, 2017 our transportation business managed over 21,000 miles of pipeline systems, 40 finished product terminals, 38 storage locations, 19 crude oil terminals, 5 LPG terminals and 1 petroleum coke exporting facility.

Company Overview

Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company’s master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,300 employees committed to safety and operating excellence. Phillips 66 had $58 billion of assets as of March 31, 2019. For more information, visit or follow us on Twitter @Phillips66Co.

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 March 1, 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: 52295

Location: Texas - Houston

Job Field: Operations

Division : Midstream Operations

Technical Req : No