Advisor II, Midstream FP&A

Phillips 66 Company; Houston (TX); On-site; USD 109,000 - 133,000; Full time

Benefits offered by this job

VCIP bonus

401(k) company match 8%

Medical/Dental/Vision benefits

Well-being programs

Job summary

Phillips 66 is seeking an Advisor II, FP&A in Houston to turn financial data into clear insights for business and operations leaders. You will partner with commercial, operations and finance teams to build business cases, analyze performance and support planning across our portfolio.

The role offers growth in financial planning and analysis within the energy sector, with opportunities to work cross-functionally and impact decision-making.

Qualifications

• 1+ years of experience in economic, financial, or statistical analysis.
• Proficiency in financial modeling, data analysis and reporting tools such as SAP, FR&P, and Excel.

Responsibilities

• Provide economic, financial, and statistical analysis to support business strategies and day-to-day decisions.
• Develop and maintain financial models, forecasts, and business cases evaluating projects and asset performance.
• Prepare and coordinate reports linking operational results, economic insights, and performance metrics for leaders.
• Conduct research and data analysis to identify trends, risks, and to test assumptions in business cases.
• Support planning, budgeting, and forecasting while ensuring alignment with policies and regulations.
• Analyze budget vs actuals, monitor costs, and highlight issues with recommended options.
• Advise stakeholders on applying financial processes and interpreting results.
• Help improve data management and reporting quality across financial and operational reporting.
• Continuously learn and stay current with technologies and industry trends.

Skills

Economic analysis

Financial analysis

Data analysis

Communication of results

Independent problem solving

Education

Bachelor’s degree in accounting, finance, or related field

Tools

SAP

FR&P

Excel

Job description

At Phillips 66, we care about the whole person. That means providing access to quality programs, resources and care that support you and your family. We believe well-being — physical, emotional, social and financial — plays an important role in helping our people thrive. When our employees are supported at every stage of life, they’re empowered to do their best work and make a meaningful impact, both personally and professionally.

Phillips 66 & YOU - Together we can fuel the future

As an Advisor II, FP&A, you will turn financial and operational data into clear insights that help business and operations leaders make better decisions every day. You’ll partner with commercial, operations, and finance colleagues to build business cases, analyze performance, and support planning across our portfolio. This role is a great opportunity to grow your financial planning and analysis expertise in a collaborative environment while deepening your understanding of the energy business.

What You’ll Do

• Provide economic, financial, and statistical analysis to support business strategies, tactics, and day-to-day decisions across the company.
• Develop and maintain financial models, forecasts, and business cases that evaluate projects, asset performance, and commercial opportunities.
• Prepare and coordinate reports that connect operational results, economic insights, and performance metrics into clear, actionable guidance for leaders.
• Conduct research and data analysis using established tools and methods to identify trends, patterns, and risks, and to test assumptions in business cases.
• Support planning, budgeting, and forecasting processes while helping ensure alignment with financial policies, guidelines, and regulatory requirements.
• Analyze budget and actual variances, monitor cost and financial controls, and highlight key issues with recommended options for resolution.
• Advise stakeholders on applying established financial processes and precedents, answering complex questions and helping them interpret financial and operational results.
• Help others get the most out of data management and reporting systems by providing support, guidance, and ensuring data quality in financial and operational reporting.
• Build your capabilities through ongoing learning, staying current on relevant technologies, industry trends, and analytical techniques to continuously improve how work gets done. done.

What You’ll Bring – Required

• Legally authorized to work in the job posting country
• 1 or more years of experience working in economic, financial, or statistical analysis.
• Intermediate or greater proficiency working in financial modeling, data analysis, and reporting tools such as SAP, FR&P, and Excel

What Makes You Stand Out – Preferred

• Bachelor’s degree in accounting, finance, or a related field.
• 3 or more years of experience working in economic, financial, or statistical analysis.
• Experience working in the energy industry.
• Advanced proficiency with financial modeling, data analysis, and reporting tools such as SAP, FR&P, and Excel.
• Experience supporting budgeting, forecasting, variance analysis, and financial reporting for operating assets or business units.
• Ability to independently identify key issues in complex financial data, determine appropriate analytical approaches, and clearly communicate recommendations to stakeholders.

Compensation Range

This position has a base salary range of $108,900 - $133,100.

At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role’s requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.

Midstream

The Phillips 66 Midstream business is a safe, reliable, and trusted provider for the movement, storage, gathering, and processing of liquid or gas energy via pipelines or terminals. We are an industry leader in logistics and operate or manage more than 70,000 miles of pipelines that transport crude oil from oil fields to refineries and finished products from refineries to storage terminals. We operate 39 terminals that supply finished products to consumer gas stations, as well as crude oil and NGL storage terminals and NGL fractionation facilities. Our capabilities include extensive natural gas gathering and processing operations, enhancing our wellhead-to-market strategy. We also provide the connectivity between the various Phillips 66 business units.

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
• 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

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 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, cultivate an environment of trust, seek different perspectives and pursueexcellence.

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

Phillips 66 is an Equal Opportunity Employer