Demurrage Analyst
London
Phillips 66 & YOU - Together we can fuel the future
Basic Function
The Demurrage Analyst is responsible for the accurate and timely review, negotiation and settlement of demurrage claim activities associated with marine voyages, avoiding all time bars in filing or rebilling demurrage claims, while maintaining compliance with all Phillips 66 policies and values.
The Demurrage Analyst will work with stakeholders to mitigate operational delays, reduce demurrage cost, drive recovery efforts, and help manage the Phillips 66’s overall demurrage exposure. The Demurrage Analyst provides Phillips 66 Marine, Commercial Trading, and Global Supply Chain & Logistics with guidance on demurrage matters, as well as works with Contract Administration to review and optimize contract language in respect to Laytime and Demurrage wording and standard long-term contract forms. The Demurrage Analyst also supports ‘vessel delay reduction efforts’ across company functions and locations by capturing and reporting demurrage root causes and driving continuous improvements on identified operational areas.
Primary Accountabilities/Responsibilities
- Evaluate Charter Party and Commercial Agreements to identify, analyze, negotiate, and settle demurrage claims owed to Phillips 66 or filed against Phillips 66;
- Ensure all claims are entered into system of record (IMOS) within 7 days;
- Ensure all claim documents are archived properly (LiveLink);
- Maintain compliance with authority limits, assurance processes and all business controls;
- Participate in the development of the Global Demurrage team goals;
- Lead business improvement opportunities to improve demurrage results and overall exposure by identifying personal training needs and engage Marine and Commercial stakeholders (through cross-functional trainings, regular meetings and discussions, involvement in contracts, terms & conditions and ownership of marine provisions);
- Developing and maintaining relationships with industry representatives to create an environment of equitable resolution of demurrage issues.
Required Skills/Competencies
- Hold the legal right to live and work in the UK on a permanent basis without restrictions, or meet the relevant criteria for employer sponsorship.
- Strong analytical skills
- Good planning and organisational skills with the ability to handle multiple tasks concurrently.
- Quick learner with good communications and teamwork skills with preference for action, accountability, and developing alternatives and solutions.
- Strong computer proficiency in Microsoft Office and the ability to learn new systems as required (IMOS, SAP, Power BI, etc.)
- Bachelor’s degree in a relevant discipline preferred.
Preferred Skills
- Maritime degree or experience in Commercial or Commercial Marine area.
- Good understanding of contracts, charter parties, and key laytime and demurrage provisions and the terminology associated with the petroleum industry, marine and terminal operations, commercial commodities, for both ships and barges.
- Good understanding of main financial / economic principles.
- Strong desire for personal learning and sharing of skills with others.
- Ability to effectively influence and negotiate prudent settlements.
- Experience in using SAP, IMOS, and Navarik
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 Friday 24th January 2025.
Phillips 66 is an Equal Opportunity Employer