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Analyst II, Contracts

Phillips 66

Analyst II, Contracts

Location: Houston, TX, US, 77042 Job Field: Accounting/Finance Phillips 66 & YOU - Together we can fuel the future As an Analyst II, Contracts on our Commercial team at Phillips 66, you will help ensure our trading and marketing deals are accurately reflected in contracts that protect the company and enable efficient execution. You will support day-to-day contract administration for physical and financial commodities, partnering closely with traders, schedulers, legal, and external counterparties. This role offers the opportunity to deepen your expertise in commercial contracting and energy markets while contributing to a fast-paced, collaborative team.

What You'll Do

  • Validate trade confirmations and contract terms with third parties to ensure accuracy, timely execution, and alignment with commercial agreements.
  • Investigate and resolve contract discrepancies, coordinating with internal stakeholders and external counterparties to identify root causes and prevent recurrence.
  • Administer the end-to-end lifecycle of commercial contracts, maintaining accurate records, variation logs, and documentation in company systems.
  • Compile, analyze, and report contract and transaction data using standard tools and reporting platforms to support decision-making and performance tracking.
  • Maintain standard templates, processes, and controls to support compliance with internal policies and applicable regulations, including assisting with internal and external audits.
  • Collaborate with stakeholders to identify and implement process improvements, standardization, and automation opportunities in contracting workflows.
  • Provide backup coverage and cross-training within the contracts team to support operational continuity.
  • Build and maintain effective working relationships with internal partners and external counterparties to facilitate efficient contract execution and timely issue resolution.

What You'll Bring Required

  • Legally authorized to work in the job posting country
  • Bachelor's degree
  • 6 or more months of contract management experience supporting trading operations, finance, and/or related industry experience

What Makes You Stand Out Preferred

  • Proficiency in Microsoft Office Suite
  • Experience supporting commercial contracts in energy trading, commodities, or related industries
  • Experience with SAP, Energy Trading and Risk Management (ETRM) systems, electronic trade confirmation platforms, and Icertis Contract Intelligence
  • Experience analyzing large contract and transaction data sets using reporting tools and databases
  • Strong numerical, analytical, and data interpretation skills applied to contract and financial data
  • Demonstrated ability to optimize work processes and contribute to continuous improvement in contract administration and reporting

Compensation Range

This position has a base salary range of $82,800 $101,200. 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.

Total Rewards

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being physical, emotional, social, and financial is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results personally and professionally. 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

Learn more about Phillips 66 Total Rewards.

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 06/10/2026 . Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire. Phillips 66 is an Equal Opportunity Employer

Phillips 66
Vacancy posted 3 hours ago
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