Phillips 66

Phillips 66 & YOU – Together we can fuel the future

Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66 was recognized by Forbes as one of “America’s Best Employers” in 2019.


Reporting to the Team Lead – FP&A, Contracts and Pricing with close consultation with and input from the Managing Counsel – North America Commercial, Lubes and Marketing, the position is primarily responsible for ensuring that our commodity transactions are appropriately documented with discrepancies expeditiously resolved. The Contracts Analyst is designed to provide the successful candidate with a wide range of exposure to crude oil trading, legal, scheduling and finance.

Responsibilities May Include

  • Entering all transactions in our deal capture system (aka “OMS”) daily, ensuring that all details of transactions correspond to the applicable deal ticket and assist with resolving any potential errors.
  • Sending transaction confirmations to third parties via OMS; review incoming confirmations or other external feedback for discrepancies and resolve to completion; follow-up with traders, legal, counterparties and/or brokers as required.
  • Assisting with master agreement and General Terms & Conditions negotiations with counterparties while obtaining feedback from and acting as a liaison with Legal, Credit and other internal groups.
  • Ensuring all documentation is handled in strict accordance with internal Sarbanes-Oxley (SOX) controls, processes and other internal policies.
  • Coordinating counterparty responses and internal approvals for new counterparty set ups.

Position Requirements


  • Legally authorized to work in the job posting country


  • University Degree, College Diploma or Technical Certificate from an accredited institute
  • Working knowledge of crude oil commodity contracts
  • Ability to resolve contract issues on a basic level
  • Acute attention to detail
  • Excellent written and oral communication skills as well as reading comprehension abilities
  • Strong organizational skills
  • Proficient computer skills (MS Excel, Word, Outlook)
  • Strong problem solving and analytical skills
  • Able to prioritize demands from multiple departments
  • Self-motivated, effective team player
  • Possess a customer service mentality and willingness to address internal client needs
  • Ability to work in a fast paced, deadline driven environment
  • Working knowledge of crude oil pricing would be a strong plus

To be considered

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of January 31, 2020 .

Phillips 66 is an EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities

Requisition ID: 53512

Location: Canada – Alberta – Calgary

Job Field: Accounting/Finance

Division : Finance – International

Technical Req : No

Job Overview