Commercial Business Analyst II
ONEOKAbout the role
#WeAreONEOK – Fortune 500 company. 100+ years in business. Leading midstream service provider. Safety first. Sustainable operations. Environmentally responsible. Employee focused.
JOB SUMMARY
Job Profile Summary
The Commercial Business Analyst will rotate through a Commercial Development Program consisting of rotations in Logistics, Quality Control, Business Development, and FP&A. Additionally this position provides customer service, project development, and analytical support to the business unit representatives. The Commercial Business Analyst will be responsible for regional market analysis, customer/competitor analysis, and monthly/quarterly business analytics. Additional responsibilities include the analysis and preparation of various ad hoc reports. This position will include providing support to the Logistics, Quality Control, and FP&A teams on an as-needed basis.
Regular use and/or application of theories/principles/concepts/techniques as obtained by higher education or equivalent experience. Compiles, examines and analyzes information and selects best resolutions to issues of moderate complexity/scope and regularly exercises judgment within defined practices/procedures to determine objectives of assignments and appropriate actions. Works under normal supervision with general instruction on routine work, but more detailed instruction on new projects/assignments. Work is generally reviewed for accuracy and overall adequacy. Has authority to use latitude or make independent decisions regarding matters related to assignments and objectives. Failure to achieve results or erroneous judgments/recommendations may require the allocation of additional resources to correct or achieve goals.
Essential Functions and Responsibilities
Analyzes current customer volumes to develop an understanding of market trends. Consults with customers, reviews contracts and communicates with the logistics teams to develop an understanding and help anticipate customer requirements. Communicates compiled results to the Commercial team.
Works with third-party consultants to understand the markets we serve for crude oil and the impact the global economy can have on our business and customers. Analyzes the information available and provides a recommended short, middle, and long-term point of view (POV). Through this analysis, the Marketing Analyst will provide leads for potential new customers to the commercial team and provide insight into competitor strategy.
Compiles and ensures accurate performance reports for the terminal group (Gross Margin report, Tank Turn Analysis, Month-to-Month Results, Terminal Market Analysis, monthly/annual forecasting, etc.).
Supports the Manager of Marketing & Development in managing internal work teams to execute expansion projects. Assists in the development of the scope, estimate, and project economics.
Perform due diligence on potential acquisition candidates and research divestiture projects. Coordinates with internal groups to ensure smooth transitions.
Education
· Bachelor's Degree Business, Accounting, Finance, Marketing
Work Experience
· 1 - 5 years related work experience preferred
Knowledge, Skills and Abilities
· Knowledge of: energy industry economics
· Knowledge of: financial risk management
· Knowledge of: commodity marketing
· Knowledge of: contract administration/analyses
· Ability to: analyze and resolve issues and/or questions concerning scheduling, nominations, balancing and allocations
· Ability to: develop and maintain data related to financial forecasts, models and statistics
· Ability to: work with contracts and lease agreements, property/land records, legal descriptions, real estate definitions, industry and governmental regulations and plats
· Ability to: apply basic math, algebra and statistics
· Ability to: read and interpret applicable contracts, agreements, reports, statements, invoices, confirmations, correspondence, tariffs, government regulations, industry standards, financial data, electronic bulletin board communications and company policies and procedures
· Ability to: communicate and/or exchange information or instruction
Licenses and Certifications
· None required
Strength Factor Rating - Physical Demands/Requirements
· Sedentary Work - Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work in
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