Product Control Advisor II: P&L & Risk Insights

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

Benefits offered by this job

VCIP bonus

8% 401k company match

Cash Balance Pension

Medical, Dental, Vision benefits

Job summary

Phillips 66 is seeking an Advisor II, Product Control in Houston to independently execute daily and monthly product control activities for assigned books, improving P&L transparency and reporting quality.

The role requires deep knowledge of commodity valuation, trade lifecycle, and control processes, with opportunities to mentor teammates and lead process improvements across Trading, Front Office, Operations, Risk, FP&A, and Accounting.

Qualifications

• Legally authorized to work in the United States.
• Bachelor’s degree in Finance, Accounting, Economics, Engineering, Math, or a related field.
• 3+ years of experience in product control, middle office, finance, accounting, or a related field.
• Advanced proficiency in Microsoft Excel.
• Intermediate proficiency in PowerBI.
• Strong quantitative, critical reasoning, and problem-solving skills, with the ability to investigate variances and work through moderately complex issues with limited oversight.
• Strong attention to detail and clear communication with technical and nontechnical stakeholders.

Responsibilities

• Prepare timely and accurate exposure and P&L reporting for assigned books or portfolios with increasing independence.
• Perform daily and monthly product control activities, including P&L explained, value at risk, and drawdown analysis; investigate variances.
• Interpret position, exposure, and valuation data; challenge assumptions and identify issues affecting trade capture, valuation, settlements, or reporting accuracy.
• Partner with Trading or Front Office, Operations, Risk, FP&A, and Accounting to investigate and resolve issues and align reporting outcomes.
• Support month-end close and mark-to-market to GAAP processes for assigned areas.

Skills

Advanced Excel

PowerBI

Quantitative skills

Attention to detail

Communication skills

Education

Bachelor’s degree in Finance, Accounting, Economics, Engineering, Math, or related field

Tools

Openlink

Endur

Allegro

SAP

Job description

Phillips 66 is seeking an Advisor II, Product Control in Houston to independently execute daily and monthly product control activities for assigned books, improving P&L transparency and reporting quality.

The role requires deep knowledge of commodity valuation, trade lifecycle, and control processes, with opportunities to mentor teammates and lead process improvements across Trading, Front Office, Operations, Risk, FP&A, and Accounting.