Advisor I, Contracts
About the role
As Advisor I, Contracts at Phillips 66, you will support the development, execution, and management of commercial contracts that enable business operations and protect the company. This entry-level role offers the opportunity to build expertise in contract administration, energy markets, and cross-functional collaboration while contributing to a fast-paced, team-oriented environment.
What You'll Do
- Support the drafting, review, and validation of contract terms and trade confirmations to ensure accuracy, compliance, and alignment with commercial agreements.
- Administer the full lifecycle of contracts, maintaining documentation, databases, and audit-ready records across systems and processes.
- Investigate and resolve contract discrepancies by partnering with internal stakeholders, legal, finance, and external counterparties to identify root causes and drive resolution.
- Compile, analyze, and report contract and transaction data to support business insights, performance tracking, and decision-making.
- Maintain templates, controls, and documentation standards to ensure compliance with internal policies, regulatory requirements, and audit expectations.
- Collaborate across teams to support contract negotiations, supplier coordination, and stakeholder engagement activities.
- Monitor contract performance, identify risks or trends, and provide insights to improve future agreements and processes.
- Contribute to continuous improvement by identifying opportunities to standardize, streamline, and automate contract workflows.
- Build effective working relationships with internal partners and external stakeholders to ensure smooth execution and communication.
- Develop foundational knowledge of contract management practices, systems, and industry trends while continuing to grow capabilities in the role.
Required Qualifications
- Legally authorized to work in the job posting country
- Bachelor's degree or equivalent
- 1 year or more years of experience in contract management, commercial, finance, or related experience
- Intermediate proficiency with Microsoft office software and Outlook
Preferred Qualifications
- Experience supporting contracts in energy trading, commodities, or related industries
- Familiarity with SAP, Energy Trading and Risk Management (ETRM) systems, or contract lifecycle management tools
- Experience analyzing large datasets and building reports to support business decisions
- Strong numerical and analytical skills applied to financial or contract data
- Demonstrated ability to improve processes and drive efficiency in workflows
- Exposure to audit processes, compliance requirements, or regulatory environments
- Strong communication and relationship-building skills with internal and external stakeholders
- Basic understanding of contract drafting, review, and administration processes
- Ability to analyze data, identify discrepancies, and resolve issues effectively
- Strong organizational skills with attention to detail and accuracy
- Ability to collaborate across cross-functional teams
Compensation
This position has a base salary range of $96,300 – $117,700. 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.
Benefits
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