At a Glance
- Tasks: Support downstream business with data-driven pricing strategies and forecasts.
- Company: Join a leading global energy organisation known for career development and collaboration.
- Benefits: Enjoy international relocation opportunities and long-term career growth.
- Why this job: Make a real impact in a strategic role within a dynamic global operation.
- Qualifications: Bachelor's degree required; 8+ years experience in pricing or analytics preferred.
- Other info: Open to both single and family status candidates for relocation.
The predicted salary is between 36000 - 60000 £ per year.
We are currently recruiting on behalf of a leading global energy organisation for an exciting opportunity based in the Middle East. This is a high-impact role within a profitable, well-established business known for offering long-term career development and a collaborative working culture. This role is offered on a relocation basis and is open to both single and family status candidates.
About the Role
This position plays a critical part in supporting downstream business performance through accurate, data-driven pricing strategies. You’ll be responsible for generating and validating transfer price forecasts, supporting commercial decision-making, and maintaining pricing integrity across various supply chain functions. The ideal candidate will bring a deep understanding of market dynamics, forecasting techniques, and downstream operations within the oil and gas sector.
Key Responsibilities
- Develop, maintain, and enhance price forecast visualisation tools tailored for downstream planning and strategy.
- Collaborate with internal stakeholders to collect and analyse information on global market developments and emerging trends.
- Source and consolidate data including forward curves, product differentials, freight rates, and market premiums/discounts.
- Calculate transfer prices on a daily basis for short to mid-term planning cycles (M to M+3).
- Coordinate reviews with economic and market insights teams to validate price assumptions and calculations.
- Deliver regular price forecasts to asset teams to support opportunity identification, margin estimates, and negotiations.
- Issue finalised transfer prices monthly to align with business planning and execution timelines.
- Conduct performance reviews and lookback analyses to evaluate forecasting accuracy and identify trends.
- Support internal controls by performing spot checks and coordinating with accounting on price implementation across standard and non-standard cargoes.
Candidate Profile
- Bachelor's degree in Statistics, Commerce, Marketing, Engineering, Business Administration, or a related field.
- Postgraduate qualifications (MBA, MSc in Economics, or similar) are desirable.
- Demonstrated experience in model development and advanced use of Excel for pricing or forecasting tasks.
- Strong understanding of downstream operations and supply chain functions within the energy sector.
- At least 8 years of relevant experience, ideally within the downstream oil and gas industry, including 3+ years in data analytics, pricing, or market research roles.
- Excellent communication skills with the ability to work cross-functionally and present complex insights clearly.
- Proven track record of influencing stakeholders and driving data-led decision-making.
Why Consider This Role?
This is an exceptional opportunity to work at the heart of a global operation in a strategic, commercially driven pricing role. The position offers meaningful scope to contribute to performance optimisation and strategic planning while enjoying the benefits of international relocation and long-term career prospects.
Contact Detail:
KinTec Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Downstream Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in the oil and gas sector, particularly focusing on downstream operations. Understanding market dynamics will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals already working in pricing or analytics within the energy sector. Engaging with industry experts can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Brush up on your Excel skills, especially in model development and data analysis. Being able to showcase your proficiency in these areas during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss specific examples of how you've influenced stakeholders and driven data-led decision-making in your previous roles. This will highlight your relevant experience and ability to contribute effectively in this position.
We think you need these skills to ace Downstream Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing, data analytics, and the oil and gas sector. Use specific examples that demonstrate your understanding of downstream operations and your ability to influence stakeholders.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the key responsibilities, particularly your experience with price forecasting and market analysis.
Highlight Technical Skills: Emphasise your advanced Excel skills and any experience with model development. Mention any specific tools or software you have used for pricing or forecasting tasks, as this is crucial for the role.
Showcase Communication Abilities: Since the role requires collaboration with various stakeholders, provide examples of how you've effectively communicated complex insights in previous roles. This will demonstrate your capability to work cross-functionally.
How to prepare for a job interview at KinTec Recruitment Ltd
✨Showcase Your Analytical Skills
As a Downstream Pricing Analyst, you'll need to demonstrate your analytical prowess. Be prepared to discuss specific examples of how you've used data analysis to drive pricing strategies or improve forecasting accuracy in your previous roles.
✨Understand Market Dynamics
Familiarise yourself with current trends in the oil and gas sector. During the interview, be ready to discuss how these trends could impact pricing strategies and decision-making processes within the company.
✨Highlight Collaboration Experience
This role requires working closely with various stakeholders. Share examples of how you've successfully collaborated with cross-functional teams to achieve common goals, especially in pricing or market research contexts.
✨Prepare for Technical Questions
Expect questions that test your knowledge of pricing models and Excel capabilities. Brush up on relevant tools and techniques, and be ready to explain how you've applied them in real-world scenarios.