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Pricing Analyst

Company: British Petroleum
Location: Chicago
Posted on: January 27, 2023

Job Description:

Job Profile Summary

Job Purpose:

The Pricing Analyst is responsible for supporting the Pricing & Data Intelligence team for the execution of fuels and EV pricing for bp and Amoco branded sites. Consistent execution of retail pricing is core to our retail value proposition. Working collaboratively with peers in Sales, Marketing, and Supply, this role will commercially manage pricing decisions for branded fuels and EV products across multiple channels of trade to meet volume and margin targets consistent with defined pricing frameworks. This role will identify, pilot, and implement margin optimization opportunities through BP pricing actions. The Pricing Analyst will also play critical roles in defining pricing execution strategy and the evolution of advanced pricing tactics and new products in the mobility space.

Key Accountabilities:

  • Manage day-to-day retail fuel pricing activities within established pricing frameworks for more than 200+ million gallons of sales across assigned marketing area
  • Deliver annual volume and margin plan.
  • For assigned locations and market areas, set daily fuel prices within established pricing frameworks
  • Publish relevant performance reports on margins, volumes and competitive intelligence.
  • Lead rack pricing analytics to enhance integrated value:
  • Perform analysis required to inform pricing and supply performance.
  • Use business and financial knowledge to interpret data and provide analysis for use in the areas of benchmarking, forecasting and planning.
  • Collect and analyse competitive market data and fully understand our cost to serve for each market/product combination.
  • Support the Global Integrated Pricing Program with B2B discretionary initiatives
    Job Requirements:
    • Bachelor's degree. Business, Finance, Engineering or related experience
    • Experience in data management, analysis and/or modelling to improve understanding and decision making
    • Minimum 3 years work experience in analytics and performance management or advanced degree (i.e. MBA)
    • Basic fluency in either PowerBI, Tableau or SQL
    • Strong analytical skills with the ability to manage multiple activities, including the use of more sophisticated data analytics and visualization tools
    • Knowledge of fuels supply chain or fuels marketing and/or sales operations a plus.
      Considering Joining bp?

      At bp, we support our people to learn and grow in a diverse and exciting environment! We believe that our team is strengthened by diversity. bp is committed to encouraging an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, excellent retirement benefits, and more!
      About BP

      PEOPLE & CULTURE

      People & culture discovers, empowers and cares for brilliant people, and so can you. Together, we can build and enable our culture, emotionally connected leaders and dynamic teams - and help our company achieve its purpose for people and our planet.

      Join us and work closely with our business by:

      --- always putting our people first, understanding and responding to their needs, supporting their health, wellbeing and recognising them for great work
      --- hiring and developing talented people and empowering them to progress
      --- enabling an inclusive and agile culture, where our teams thrive and add value
      --- developing emotionally connected leaders who continuously learn, put others first and enable everyone to be at their best
      --- creating energising workplaces that enable collaboration and innovation.

Keywords: British Petroleum, Chicago , Pricing Analyst, Professions , Chicago, Illinois

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