Fuel Pricing Analyst

Circle KRaleigh, NC
126d

About The Position

Manage the day-to-day retail pricing of assigned markets, utilizing our pricing software application and varying fuel survey methods. Assist in development of site level fuel margin and volume objectives, implement site level pricing strategies. Coordinate with Fuel Suppliers and CK Fuel Dispatch to manage inventory demands and throughput requirements. Conduct site level reviews to measure actual financial objectives to budget. Provide analytical data through available databases as requested. Perform analysis as necessary on available fuels and marketing data to determine competitive market conditions and optimum fuel price & strategy. Prepare margin and volume forecast each period to assist in financial budgeting and earning forecast. Conduct market rides to assess price strategy compliance and identify site and competitor attributes.

Requirements

  • Bachelor’s degree in Marketing, Business or related field preferred.
  • 3-5 years analyst or pricing experience.
  • Computer literate in Word, Excel, Access and PowerPoint; proficiency with pricing applications is a plus.
  • Strong analytical skills and the ability to manage multiple activities.
  • Strong detail orientation.
  • Ability to follow state, federal and company guidelines.
  • Maintain a positive team attitude and professional demeanor at all times.

Responsibilities

  • Review and adjust site level pricing to meet volume and margin budget objectives.
  • Conduct daily reviews of competitive street pricing and market level spot prices for all fuels to determine margin and cost trends.
  • Maintain and update databases for pricing and site level information essential for daily pricing decisions.
  • Ensure accurate supply costs are calculated for each tender received based on contract agreements.
  • Manage new contracts and price information necessary for the Fuels Accounting Department.
  • Coordinate monthly supply nominations and additional product coordination with supply scheduler and terminal manager.
  • Coordinate carrier activity with Fuel Dispatch to meet terminal inventory demands and monthly throughput requirements.
  • Perform statistical analysis of market data to provide executive management with industrial and market demands.
  • Ensure compliance with federal, state, and local laws regarding supply management, pricing, and record keeping.
  • Perform site rides to identify local market trends and competitor site attributes.
  • Conduct compliance audits on assigned areas to maintain performance metric with pricing strategies.
  • Contribute to team effort by accomplishing related results as needed.
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