Advisor III, Refining Capital and Budget

Phillips 66; Houston (TX); On-site; USD 128,000 - 156,000; Full time

Benefits offered by this job

VCIP bonus

401k match

Pension

Health, Dental, Vision

Job summary

Phillips 66 is seeking a process engineer with 3+ years of refinery, petrochemical, chemical, or related industrial experience to broaden from unit-focused process engineering into refinery strategy and capital decision support. You will connect technical insight with business outcomes across sites and enterprise partners.

In this role, you’ll develop the refinery’s earnings forecast and long-range capital plan, support project reviews, monitor spending, and build budgeting and forecasting

Qualifications

• Bachelor’s degree in an engineering discipline.
• 3 or more years of experience in refining, petrochemical, chemical, or related industrial operations.
• Intermediate proficiency with Microsoft Office applications.
• Willingness to travel up to 5% of the time.

Responsibilities

• Lead the development of Refining’s annual earnings forecast and capital long-range plan (LRP), aligning site inputs with overall business strategy.
• Support project and contract reviews, facilitating timely and informed approvals.
• Monitor capital spending and project progress, providing insights and direction to ensure Refining remains within budget.
• Coordinate and support strategic projects and ad hoc analyses, including competitive benchmarking, market assessments, and what-if scenario modeling to inform long-term refining strategy.
• Develop, update, and maintain budgeting and economic forecasting models, including price decks, scenario analysis, and forecasts in partnership with site, commercial, economist, and value chain optimization teams.

Skills

Refining experience

Microsoft Office

Travel willingness

Education

Bachelor's degree in engineering

Job description

Phillips 66 & YOU - Together we can fuel the future

Phillips 66 is looking for a process engineer with 3 or more years of refinery, petrochemical, chemical, or related industrial experience who has strong technical fundamentals and is ready to expand from unit-focused process engineering into broader refinery business, strategy, and capital decision support. In the Refining Capital and Budget Advisor III role, you will combine refinery process knowledge with business analysis to support long-range capital prioritization, budget development, strategic evaluations, and performance improvement across the refining portfolio. You will work across sites, headquarters, Commercial, and other enterprise partners to connect technical insight with business outcomes.

What You’ll Do

• Lead the development of Refining’s annual earnings forecast and capital long-range plan (LRP), aligning site inputs with overall business strategy.


• Support project and contract reviews, facilitating timely and informed approvals.


• Monitor capital spending and project progress, providing insights and direction to ensure Refining remains within budget.


• Coordinate and support strategic projects and ad hoc analyses, including competitive benchmarking, market assessments, and what-if scenario modeling to inform long-term refining strategy.


• Develop, update, and maintain budgeting and economic forecasting models, including price decks, scenario analysis, and forecasts in partnership with site, commercial, economist, and value chain optimization teams.

What You’ll Bring – Required

• Legally authorized to work in the job posting country


• Bachelor’s degree in an engineering discipline


• 3 or more years of experience in refining, petrochemical, chemical, or related industrial operations


• Intermediate proficiency with Microsoft Office applications


• Willingness to travel up to 5% of the time

What Makes You Stand Out – Preferred

• Strong understanding of refinery process fundamentals, unit monitoring, operating constraints, and process optimization.


• Strong communication and collaboration skills


• Ability to translate complex technical, operational, and economic analysis into clear insights, scenarios, recommendations, and practical action plans for senior leaders.


• Strong skills in stakeholder engagement, influencing without authority, and managing multiple projects and deadlines.


• Demonstrated initiative, learning agility, and interest in long-term career growth within Refining

Compensation Range

This position has a base salary range of $127,800 - $156,200.

Total Rewards

Benefits

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

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 09/15/2026.

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 is an Equal Opportunity Employer