Management Executive Pricing (Contractual Role)

PARCO; Karachi Division; On-site; PKR 1,500,000 - 2,700,000; Part time

Job summary

PARCO seeks a Management Executive Pricing (Contractual Role) to support pricing strategy and profitability in the oil and gas sector from its Karachi operations. The role focuses on evaluating commercial and financial aspects impacting profitability and includes interaction with OGRA and internal pricing systems.

The successful candidate will have an MBA/ACCA or equivalent degree, up to eight years of relevant experience, and strong analytical/presentation skills to develop pricing strategies

Qualifications

• MBA, ACCA, or a 4-year Bachelor's degree from a recognised institute.
• Up to 8 years of experience in the Oil & Gas sector, preferably at a refinery or OMC, in a Finance or Commercial role.
• Strong analytical and presentation skills.

Responsibilities

• Develop Pricing Strategies to optimize Profitability while remaining competitive in the Market
• Monthly prices for local crude oil/condensate received from multiple E&P fields.
• Determine Ex-Refinery prices of regulated petroleum products (HSD, MOGAS, LDO, Aviation Fuels), as per Policy Guidelines.
• Ex-Refinery prices for deregulated products (FO, Bitumen, Sulphur, MOGAS-95) to the Pricing Committee, backed by commercial and financial analysis.
• Update the SAP Pricing Master for ex-refinery prices, IFEM, distribution margin, petroleum levy, premiums, and discounts.
• Coordination with OGRA for settlement of Refinery’s claim from IFEM & for submission of Refinery’s payables to IFEM and its subsequent audit for Third Party.
• Prepare the Profitability Report for Marketing Segment.
• Manage Internal & External activities related to Subscription of various International Price assessment Benchmarks & Market /Price Studies
• Provide necessary Support for developing Company\'s Annual Budget for Pipeline, Refinery & Marketing Business.
• Ensure compliance with OGRA regulations, Guidelines of Ministry of Energy (Petroleum Division), Crude Oil/Condensate Sales Agreements, and management directives while developing Pricing Strategies.

Skills

Analytical skills

Presentation skills

Education

MBA or ACCA or Bachelors

Job description

Career Opportunities: Management Executive Pricing (Contractual Role) (849)

Support the Product Pricing Function of Company with particular focus on evaluating the commercial and financial aspects which directly impact the company's overall profitability.

Qualification & Experience:

• MBA, ACCA, or a 4-year Bachelor's degree from a recognised institute.
• Up to 8 years of experience in the Oil & Gas sector, preferably at a refinery or OMC, in a Finance or Commercial role.
• Strong analytical and presentation skills.

Key Responsibilities:

• Develop Pricing Strategies to optimize Profitability while remaining competitive in the Market
• Monthly prices for local crude oil/condensate received from multiple E&P fields.
• Determine Ex-Refinery prices of regulated petroleum products (HSD, MOGAS, LDO, Aviation Fuels, ),as per Policy Guidelines.
• Ex-Refinery prices for deregulated products (FO, Bitumen, Sulphur, MOGAS-95) to the Pricing Committee, backed by commercial and financial analysis.
• Update the SAP Pricing Master for ex-refinery prices, IFEM, distribution margin, petroleum levy, premiums, and discounts.
• Coordination with OGRA for settlement of Refinery’s claim from IFEM & for submission of Refinery’s payables to IFEM and its subsequent audit for Third Party.
• Prepare the Profitability Report for Marketing Segment.
• Manage Internal & External activities related to Subscription of various International Price assessment Benchmarks & Market /Price Studies
• Provide necessary Support for developing Company's Annual Budget for Pipeline, Refinery & Marketing Business.
• Ensure compliance with OGRA regulations, Guidelines of Ministry of Energy (Petroleum Division), Crude Oil/Condensate Sales Agreements, and management directives while developing Pricing Strategies.

Location:

PARCO is an equal opportunity employer. We value diversity and encourage candidates from all backgrounds to apply. Our commitment to a conducive work environment is designed to attract and nurture top talent.