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For Companies At a Glance
- Tasks: Support pricing strategies and enhance forecasting tools for a global energy organisation.
- Company: Join a leading global energy company 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 while working in a dynamic, global environment.
- Qualifications: Bachelor's degree required; 8+ years in pricing or data analytics preferred.
- Other info: Open to both single and family status candidates for relocation.
The predicted salary is between 43200 - 72000 £ 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.
Downstream Pricing Analyst employer: KinTec Recruitment Ltd
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, especially regarding downstream operations. Understanding market dynamics will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals already working in pricing or analytics roles within the energy sector. Engaging with industry experts can provide valuable insights and potentially lead to referrals that could strengthen your application.
✨Tip Number 3
Brush up on your Excel skills, particularly 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 or driven data-led decision-making in your previous roles. Having concrete stories ready will help you convey your experience effectively during interviews.
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 data analytics, pricing, and market research, particularly within the oil and gas sector. Use specific examples to 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 outlined in the job description, particularly your experience with price forecasting and data-driven decision-making.
Showcase Your Analytical Skills: Provide examples of how you've used advanced Excel skills or other analytical tools in previous roles. Highlight any experience you have in developing pricing models or visualisation tools that support strategic planning.
Prepare for Potential Interviews: Anticipate questions related to market dynamics and forecasting techniques. Be ready to discuss your approach to collaborating with internal stakeholders and how you ensure pricing integrity across supply chain functions.
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 strong analytical abilities. 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, especially those affecting downstream operations. During the interview, reference recent market developments and how they could impact pricing strategies, showing that you are proactive and well-informed.
✨Highlight Collaboration Experience
This role requires working closely with various stakeholders. Share examples of how you've successfully collaborated with cross-functional teams in the past, particularly in gathering and analysing data for pricing decisions.
✨Prepare for Technical Questions
Expect questions related to pricing models and Excel proficiency. Brush up on your technical skills and be ready to explain your approach to developing pricing forecasts and conducting performance reviews, as these are crucial aspects of the role.
