Contracts Analyst (6 Month FTC)
London
Phillips 66 & YOU - Together we can fuel the future
Basic Function
As the Contracts Analyst you will co-ordinate and maintain the trading agreements which support the buying and selling of physical crude oil, feedstocks, refined products and renewables commodities. Reporting to the Contracts Crude & Product Lead, this role is a trading support function and requires efficient and accurate administrative support and the ability to undertake regular ad hoc project tasks on behalf of the Contracts team.
The Contracts Management Group provides key support to Trading and Operations plus interaction with other functions such as Legal, Treasury, Insurance, Finance, Marine, and Tax departments for contractual concurrence. The team also coordinate external Counter Party negotiations.
At Phillips 66 we believe our greatest asset is the strength and capacity of our people. The talent, skills and experience that you offer to Phillips 66 will be put to distinct use immediately from onboarding. In return, we strive to provide you with a great place to work, an environment that encourages learning and empowerment, and an opportunity to learn about the dynamic workings of the energy industry.
Primary Accountabilities/Responsibilities
- Drafting of commercial contracts/confirmations and responses to counterparties, ensuring these accurately reflect the terms agreed by traders and are captured in the deal recap and internal system.
- Reviewing contracts and analysing clauses, obligations and liabilities.
- Providing commercial advice to key stakeholders in the business.
- Supporting maintenance of general terms and conditions applicable to the company’s commercial activity.
- Working closely with other internal groups to coordinate the review of the contract terms and to provide updates regarding the status of the contract.
- Promoting the development of best practice processes in line with company goals and reporting requirements.
Critical Skills/Leadership Criteria
- Hold the legal right to live and work in the United Kingdom on a permanent basis without restrictions or meet the relevant criteria for employer sponsorship.
- Must have a strong team work ethic and the ability to work independently.
- High attention to detail with good drafting abilities.
- Highly organised with the ability to prioritise workload and adhere to tight deadlines.
- Excellent communication skills and the ability to write clearly and concisely and to use communication skills to influence and achieve objectives.
- Ability to develop and maintain ongoing working relationships with traders and other stakeholders.
- Commercially minded with the ability to accurately process data in a focused and methodical manner.
- Proficient in using Microsoft Excel, Word and PowerPoint.
Phillips 66 has significant marketing operations in Europe. In the UK the business is primarily wholesale, selling fuels to distributors (some of whom are branded JET) and resellers. The fuels are either collected by customers or delivered through a contracted road tanker fleet operating out of a number of UK distribution points. In addition, Phillips 66 Limited supplies a network of approximately 330 independently owned petrol forecourts, all of which are branded JET.
Other markets served are aviation, marine and LPG. JET supplies some of the UK's growing secondary airports using owned and shared refuelling tankers and storage, and delivers to airlines through contracted refuelling operations. Marine markets are served using contracted vehicles, as is the LPG business.
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 Tuesday 15th October 2024.
Phillips 66 is an Equal Opportunity Employer