Fuel Procurement Analyst

Procure all fuel and fuel related products/services for the Company. Develop, manage, and execute a fuel-purchasing portfolio through diverse strategies in bulk purchases, spot rack and short/long term index price structure contracts. Evaluate long and short-term supply strategy as well as help analyze, negotiate, and execute key supply opportunities to minimize cost.

ESSENTIAL JOB FUNCTIONS / PRINCIPAL ACCOUNTABILITIES:

• Assist in the planning, costing, & negotiating related supply chain commodities
• Monitoring companywide fuel inventory
• Ensure cost effective purchasing of related supplies, equipment, and services as needed
• Develop supplier relationships and coordinate to receive prices via electronic means
• Calculate all price formulas
• Maintain data in appropriate systems/technology.
• Ensures price accuracy through various price checks and authentication methods
• Perform studies and analysis of pricing, market, and other datasets to produce periodic and ad hoc reports
• Analyze prices to produce price optimization and various cost savings
• Identify pricing trends at different terminals and suppliers. Communicate these trends to capitalize on potential savings with future orders
• Identify further cost savings and cost efficiencies through developed knowledge and partnership opportunities
• Attend trade functions and industry events to ensure up to date knowledge of industry
• Maintain relationships with and between customers, suppliers, carriers
• Recognize process improvement opportunities and initiate sustainable proposals
• Understand company goals, objectives, infrastructure, geographic presence, volumes and history
• Perform other duties as assigned.

MINIMUM QUALIFICATIONS AND REQUIREMENTS:

• Bachelor’s degree required. Advanced degree preferred.
• Experience in the fields of fuel distribution, fuel pricing, and fuel transportations
• Attention to detail and strong process orientation
• Strong verbal and written business communication skills
• Must be able to work independently and in a team environment
• Ability to understand supply issues/concerns and resolve independently
• Ability to recognize market, refining, and supply nuances that impact daily decisions
• Ability to analyze contractual agreements
• Interpersonal and communication skills to negotiate with third parties such as suppliers and carriers
• Previous pricing analysis work for major oil company or jobber preferred
• Knowledge of fuel pricing and contracting mechanisms preferred.
• Familiarity with fuel supplier contract mechanisms such as PLATTS, OPIS and ARGUS based pricing preferred.
• Strong understanding of index pricing such as OPIS, PLATTA, ARGUS, and how to calculate pricing formulas based on these indexes

WORKING CONDITIONS:

• Office environment

Candidates may be subject to a background check and drug screen, in accordance with applicable laws.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.