Senior Analyst, Third Party Crude

Phillips 66 & YOU - Together we can fuel the future

The Senior Analyst, Production and Regulatory, plays a critical oversight role in managing the production and regulatory functions handled by third-party service providers, ensuring accurate and timely reconciliation of lease crude tickets and regulatory reporting. This position is responsible for ensuring data integrity, compliance with state and federal regulations, and effective coordination between internal teams and external service providers. The role focuses on overseeing outsourced activities and ensuring quality control in crude oil transaction management and reporting.

Responsibilities May Include:

Oversight of Service Provider Activities:

•  Monitor and coordinate with outsourcing provider to ensure timely, accurate processing of lease crude tickets and compliance with state and federal regulations for tax and royalty reporting.

Quality Assurance and Reconciliation:

•  Ensure the accuracy of lease crude ticket entries by overseeing regular reconciliations against production reports, pipeline statements, and third-party data. Escalate and resolve issues related to ticket discrepancies, missing or incomplete data.

Regulatory Compliance and Reporting:

•  Supervise the preparation, submission, and approval of regulatory reports, ensuring adherence to state and federal requirements. Verify data integrity in EIA and transporter reports and monitor compliance with deadlines for submission.

General Ledger Reconciliations and SAP Oversight:

•  Ensure the accuracy of monthly and quarterly general ledger reconciliations for SAP accounts via BlackLine. Monitor general ledger accounts and complete clearings. 

Tax Compliance Monitoring:

•  Regularly review and ensure the timely update of tax rates within the system in coordination with relevant departments. Ensure compliance with the latest tax laws and regulations.

Performance Monitoring and Escalation:

•  Oversee managed provider performance metrics, analyze root causes of issues, and drive remediation strategies to improve process quality and efficiency.

Required Qualifications:

• Bachelor’s degree in accounting, Finance, or a related field
• Proficient in Accounting principles
• Strong knowledge of SAP, and BlackLine
• Proficient in Microsoft Excel and data management tools
• Strong problem-solving and communication skills for effective coordination with external providers and internal teams

Preferred Qualifications:

• Crude Oil First Purchaser Acumen
• Extensive experience in regulatory reporting and compliance for crude oil purchasing specific to tax and royalty reporting
• Experience in managing outsourced operations
• BOLO system understanding 

At the Phillips 66 Bartlesville Business Operations & Innovation Center, employees from multiple business disciplines deliver critical support and solutions that enable strong operating excellence and growth opportunities for the company worldwide. Located 40 miles north of the urban city of Tulsa, Bartlesville offers the warmth of a close-knit community with the amenities of a much larger city. Home to 35,000, Bartlesville is a vibrant city rich in history, culture and resources that come from a town built around the energy industry. Recognized as one of the top 25 livable cities in the U.S., it’s easy to see citizens take pride in their community. Bartlesville boasts an affordable cost of living with lovely neighborhoods, a thriving downtown, arts and theater, parks and an extensive trail network. Also vital to the community, is the Bartlesville Public School District (BPSD). Among the state's 32 largest school districts, the BPSD is an award-winning leader in STEM education K-12, and the high school is ranked among the best in the state by U.S. News & World Report.

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.

Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence.

Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com. 

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 11/28/2024.

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.