Sr. Pricing Analyst

bp; Blaine (MN); On-site; USD 109,000 - 149,000; Full time

Benefits offered by this job

Annual Bonus Program

401k Matching Program

Health, Vision, and Dental Insurance

Paid Vacation and Holidays

Parental Leave Policy

Job summary

A leading global energy company is seeking a Pricing Analyst to manage and analyze pricing strategies for fuel products. This role requires collaboration with various teams to meet volume and margin targets. Candidates should possess a Bachelor's degree in Business or a related field, along with advanced skills in data management, Excel, and analytical tools. The position offers a competitive salary, comprehensive benefits including parental leave, and opportunities for professional growth.

Qualifications

• Strong knowledge of commercial operations and planning processes.
• Experience with data analysis and decision-making support tools.
• Ability to communicate effectively and influence teammates.

Responsibilities

• Manage pricing for fuels products in the spot discretionary channel.
• Develop and analyze pricing analytics and performance reports.
• Collaborate with trading, supply, and sales teams.

Skills

Data management

Advanced Excel

Analytical skills

Communication skills

Teamwork

Education

Bachelor’s degree in Business, Finance, Engineering

Tools

Power BI

Tableau

SAP

Job description

About The Role

The Pricing Analyst is a key member of the Americas B2B Pricing Team, based at Cherry Point. Working collaboratively with peers in trading, supply, and sales, this role will commercially manage pricing for fuels products in the spot discretionary channel of trade to meet BP volume and margin targets consistent with defined pricing frameworks. In addition, this role will lead the development of rack pricing analytics to develop the necessary tools and capability to fully harness our operational data and support various technology enablement projects. The role is integral in the growth ambitions of increasing our renewable diesel, biodiesel, and low carbon offers footprint!

Key Responsibilities

• Support the delivery of annual volume and margin plan.
• For assigned locations and market areas, set daily fuel prices within established pricing frameworks.
• Maintain deep knowledge of laws and regulations that impact pricing.
• Develop recommendations on prices that meet protocols, margin and supply objectives.
• Publish relevant performance reports on margins, volumes and competitive intelligence.
• Support efforts, as needed, to resolve customer issues related to pricing.
• Lead rack pricing analytics and provide term bid pricing floors to improve coordinated value.
• Perform analysis required to inform pricing and supply performance.
• Use business and financial knowledge to interpret data and provide analysis for use in the areas of benchmarking, forecasting and planning.
• Collect and analyse competitive market data and fully understand our cost to serve for each market/product combination.
• Across our West Coast FS&M and Cherry Point: support, continuously improve and promote standardization and standard methodologies for methods and tools enabling efficient and error-free management of data from various sources into our analytical models.
• The effective use of the software application PROS and SAP (used to transmit daily prices to our customers).
• Clearing price analytics that enable our Sales teams to improve integrated value in both term bids and daily discretionary sales to underpin the optimal placement of our products.
• Support standard methodology adoption of digital technology and visualization.
• Enhancing existing commercial decision making tools.

Role Requirements

Education

• Bachelor’s degree. Business, Finance, Engineering or related experience.

Essential Experience

• Knowledge of commercial/industrial operations, planning and/or supply processes.
• Experience in data management, analysis and/or modelling to improve understanding and decision making.
• Advanced Excel & PowerPoint skills.
• Advanced analytical skills and presentation skills.
• Work experience in analytics and performance management.
• Strong internal and external relationships and/or track record of considering competitive commercial options.
• Great teammate with the ability to develop effective relationships within a team and influence others.
• Strong communication skills.
• Demonstrates a relentless drive and determination to see complex opportunities and issues through to resolution.

Desired Experience

• Use of complex commercial decision making tools in support of a business process (for example refinery LP).
• Use of data management and data visualization software – for example Power BI, Tableau.
• Experience in Sales, Marketing, Supply or related area.
• Previous exposure and/or interaction across the Supply and Trading interface, particularly the operational interface.
• Strong leadership skills, with proven record of engaging peers and leadership across different disciplines.

Compensation and Benefits

How much we pay (Base): $109,000-$149,000. Note that the pay range listed for this position is a genuinely expected and reasonable estimate of the range of possible base compensation at the time of posting.

This position is eligible for US Benefits – Core. This position offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours per year for full time employees (60 - 240 hours of vacation per year for part time employees).

You will also be eligible for 9 paid holidays per year and 2 personal choice holidays.

Bp has a parental leave policy as well, which offers up to 8 weeks’ paid leave for the birth or adoption of a child.

We offer a reward package to enable your work to fit with your life. These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program.

As part of bp’s wellbeing package, bp offers access to health, vision, and dental insurance, as well as life and Short-Term Disability and Long-Term Disability.

Equal Opportunity Employer

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment. Don’t hesitate to get in touch with us to request any accommodations.