CITGO Petroleum Corporation

  • Supply & Marketing Associate

    Requisition #
    2018-5106
    City
    Houston
    State
    Texas
    # of Openings
    4
  • Relocation

    Relocation Benefits are available for this position.

    Note

    Employer will not sponsor visas for position

    Job Summary

    Provide a brief description of the basic function of this job. Responsible for functioning in various positions in Supply and Marketing. Within Supply this will include responsibilities consistent with developing and analyzing financial data and inventory reports, trading products to support businesses day-to-day operations, scheduling products to meet internal and external customer demands. Supporting all business groups as required. Within Marketing this will include understanding CITGO’s branded go-to-market strategy which includes CITGO’s Pricing model, Payment Card, Customer Service, Marketing Programs, and Branding operations. Understand the methodologies used to develop budgets and marketing forecasts. Assist as needed with the coordination of all activities between customers and the various departments at CITGO corporate. Those who develop the requisite knowledge and skills in their respective areas will join a pool of candidates intended to meet the business unit’s future workforce needs.

    Minimum Qualifications

    • Bachelor's degree

     

    • This incumbent must have initiative and strong learning curve.
    • Must be able to work well with people, work under pressure, perform multiple functions, work on diverse tasks concurrently and make timely & sound decisions based on information provided.
    • Minimum GPA: 2.8.

    Job Duties

    • Develop, analyze and interpret marketing, terminaling, pricing and profitability reports in support of the Supply and Marketing work groups. Report results to the appropriate Business Unit Managers, General Managers and Vice President of Supply and Marketing. Correlate operational and market conditions with financial performance. Create short term operating plans and financial forecasts; present findings to management.

     

    • Determine key market drivers and develop applicable statistical correlations to accurately predict/forecast price movements. These price forecasts will be used to optimize CITGO refinery, marketing and trading activities. Initiate analysis and recommend short term and long term trading strategies to take advantage of appropriate market-to-market time trades, location grades, and product re-grade opportunities to reduce costs and increase profitability. Utilize analysis and problem solving/decision making to correctly forecast market drivers for CITGO business.

     

    • Perform scheduling and trading function to optimize production levels of gasoline, distillates, jet fuel and other products. Recommend changes to Marketing’s daily rack prices in selected terminal areas. Compile and maintain accurate product movement and inventory information in SAP including coordinate receipts from Terminal Customers with transportation and terminal personnel. Verify and authorize payment of invoices related to product movement to expedite reconciliation process.

     

    • Perform location, terminal, customer and regional marketing profitability analysis using tools in SAP. Manage contracts to include the MFA, URSA, CAP contracts including economics that support each contract along with applicable legal requirements. Respond verbally and in writing to customer needs, issues and complaints. Manage Payment Card processes to facilitate utilization of programs, compliance with POS data security standards enhancing value to the corporation.

     

    • Identify criteria to use when determining to brand, rebrand, transfer or debrand location in the CITGO MarketNet Brand Order system. Support sales managers in utilization of programs such as Mystery Shop, FATF and market analysis. Develop local, regional, national advertising campaigns and sponsorship opportunities to establish brand awareness supporting the Light Oils and Lubricants marketing and retail programs.

     

    • Prepare departmental expense and operating budgets. Compare actual expenses to budget and follows-up on unusual variances. Keen decision making ability is important in determining which variances quality as atypical and which variances do not. Perform cost benefit analysis and make recommendations regarding various initiatives, including analysis of capital projects.

     

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