Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66 was recognized by Forbes as one of “America’s Best Employers” in 2019.

Description

If you want work experience that really counts, consider a placement with Phillips 66. We are now looking for an accounting or finance student to join us for a one-year industrial placement starting in summer 2021, working at our Humber Refinery in a fast-paced Finance Department that supports a large industrial organisation.

If successful, your time will be spent gaining valuable experience working within this busy finance department. During this placement, you will be one of a team of analysts providing business information, transactional functions and analytical support to the Humber Refinery business units. You will use the knowledge learnt at university so far to assist with the preparation of budgets and actuals for different areas of the business alongside monthly reporting and cost analysis.

We are looking for a student who will have completed at least their 2nd year of a degree in Accounting or Finance and are on course to achieve a minimum grade of 2:1.

Primary Accountabilities/Responsibilities

• Facilitating the daily payment run process.
• Managing the daily Broker reconciliation to ensure agreement of prior day trading to the trading system and resolving any issues that arise. This includes daily interaction with the clearing broker regarding missing trades, incorrect accounts and the overseeing of the expiry of contracts.
• Managing the ‘Margin call’ process and interacting with trading managers and brokers to ensure the smooth running of our paper trading activities. Primary finance contact and overall responsibility for the coke marketing business accounting (invoicing counterparties and overall reconciliation of monthly results).
• Monthly accounting tasks such as the construction of earnings flashes and balance sheet variance analysis. Processing Broker commission and various subscription fees.
• Liaising with varied groups within Phillips 66 such as Treasury, Trading, Operations and Finance Management. Participation in various ‘ad hoc’ projects arising, such as the processing of charity payments.

Critical Skills

• Effective team player.
• Able to communicate with staff at different levels.
• Good knowledge of Excel.
• Good attention to detail and able to manage workload to meet deadlines.
• Knowledge of SAP is an advantage but is not a pre-requisite.
• Knowledge of Right Angle is an advantage but is not a pre-requisite.
• Legally authorized to work in the United Kingdom or meet the relevant criteria for employer sponsorship under the UK points-based immigration system.

What Phillips 66 will offer you

• Opportunity to get real industrial experience with responsibility and accountability
• Ability to integrate and learn from experienced professionals
• Opportunity to become part of our Early Careers Network and take part in fun, informative and social activities 
• Free daily lunch whilst working on site
• Free accommodation for the first 6 weeks of your placement so you can get to know the area and other students
• Free access to our onsite gym (when open)
• Competitive Salary

Phillips 66 has significant marketing operations in Europe. In the UK the business is primarily wholesale, selling fuels to distributors (some of whom are branded JET) and resellers. The fuels are either collected by customers or delivered through a contracted road tanker fleet operating out of a number of UK distribution points. In addition, Phillips 66 Limited supplies a network of approximately 330 independently owned petrol forecourts, all of which are branded JET.

Other markets served are aviation, marine and LPG. JET supplies some of the UK's growing secondary airports using owned and shared refuelling tankers and storage, and delivers to airlines through contracted refuelling operations. Marine markets are served using contracted vehicles, as is the LPG business.

Phillips 66 is an Equal Opportunity Employer

Requisition ID: 53938

Location: GBR - London

Job Field: Accounting/Finance

Division : Finance - International

Technical Req : No