Jobs · Finance · Texas

Refinery Economist and LP Modeler

Phillips 66 · Houston, TX · 3 days ago
Finance$140k–$172k/yrFull-time

Determines values and recommends decisions to optimize refinery product mix and maximize full value chain earnings for the region. The refinery LP model will be the primary tool to provide values that will be used in the purchase and sale decisions for the refineries. Evaluates refinery economics and purchase/sale breakeven values (BEVs). Performs ad hoc studies to support company initiatives. Ensures the LP model is aligned with refinery capability and reflects current operational constraints. Facilitates key communications by providing technical knowledge of refinery economic drivers, constraints, and operations to the VCO and Commercial organization, and market knowledge to refineries relevant to feedstock and product placement optimization. Drives company business transformation initiatives through special teams and projects. Focus areas include intermediates and products, and Gulf and East Coast Refineries.

Responsibilities

  • Develop and publish the weekly breakeven reports for Refineries consistent with Company guidelines.
  • Perform ad hoc evaluations for VCO Optimization Directors and Commercial Traders.
  • Perform LP analyses of new opportunities.
  • Lead weekly touchpoints with Refineries and Commercial Traders to review BEVs and opportunities.
  • Evaluate opportunities to swap or re-optimize feedstock purchases or product mix as market conditions allow.
  • Develop and maintain a strong working relationship across the Refining system.
  • Develop and maintain a strong working relationship with the Commercial organization, applicable Traders, and Regional Optimization Manager (ROM).
  • Provide regional competitor market intelligence using tools such as HCOMETS and PRISM.

Requirements

  • Legally authorized to work in the United States.
  • Bachelor's Degree in Engineering.
  • 4 or more years of refining experience in refinery economics, operations, process engineering, and/or fuels blending/scheduling.
  • Direct experience working with LP modeling.
  • Experience with AspenTech PIMS Program.
  • Strong understanding of downstream value chain business drivers.
  • Intermediate or greater proficiency with Word, Excel, PowerPoint, and PIMS.
  • Willing and able to travel as needed to visit regional sites.

Qualifications

  • Bachelor's Degree in Chemical Engineering (preferred).
  • 3 or more years of experience in Refinery Planning and Economics (preferred).
  • 5 or more years of experience with AspenTech PIMS (preferred).
  • Skills and proficiency with HCAMS/HCOMET, PI Vision/PI AF (preferred).
  • Visual Basic programming experience (preferred).
  • Strong analytical/data management and communication skills (preferred).
  • Experience quickly developing and maintaining internal and external respect and trust (preferred).

Pay

This position has a base salary range of $140,400 – $171,600. Offers are determined based on candidate experience, skills, and alignment with the role’s requirements, ensuring internal equity and market competitiveness.

Benefits

  • 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.

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