Shell MOTIVA - Sr Financial Analyst - Houston, TX in Houston, Texas

Auto req ID 40972BR

Job Title MOTIVA - Sr Financial Analyst - Houston, TX

Country of Work Location United States

City, State (if applicable) Houston, TX

Work Location Houston - One Allen Center

Company Description Motiva Enterprises is on a journey to become the safest and most profitable downstream company in the U.S. More than 3,700 dedicated professionals comprise the 50/50 joint venture between Shell and Saudi Aramco. Motiva has refineries located in Convent and Norco, Louisiana and Port Arthur, Texas with combined capacity of over 1 million barrels per day, making it the third largest manufacturing company in the Americas. A strategic distribution network of product terminals across the eastern and southern parts of the U.S. delivers quality gasoline and petroleum products to nearly 8,300 Shell-branded retail outlets. Be part of a dynamic and nimble organization where your talents are rewarded and your efforts make a difference in the company’s performance.

As announced on March 16, Motiva’s owners have signed a non-binding Letter of Intent to separate the assets and businesses of the joint venture. Saudi Aramco publicly stated at that time Motiva will be set up as an autonomous integrated downstream affiliate. As such, Motiva remains committed to managing its current business and preparing the organization to function as a stand-alone entity. Motiva is seeking talented professionals who want to make a difference in the company and the industry.

Job Description

Motiva Enterprises is on a journey to become the safest and most profitable downstream company in the U.S. More than 3,700 dedicated professionals comprise the 50/50 joint venture between Shell and Saudi Aramco. Motiva has refineries located in Convent and Norco, Louisiana and Port Arthur, Texas with combined capacity of over 1 million barrels per day, making it the third largest manufacturing company in the Americas. A strategic distribution network of product terminals across the eastern and southern parts of the U.S. delivers quality gasoline and petroleum products to nearly 8,300 Shell-branded retail outlets. Be part of a dynamic and nimble organization where your talents are rewarded and your efforts make a difference in the company’s performance.

Motiva has formed a Supply, Trading, and Logistics organization to support robust end-to-end economic decision making and results delivery. This organization will manage Motiva's Crude and Products Supply, Base Oils, and Distribution businesses we well as the associated Risk Management programs. In addition, there will be added focus on Business Development around logistics and infrastructure and managing the full E2E value chain. Key focus will be on optimizing refinery margins and the daily crude/feedstocks supply and logistics needs to support three Gulf Coast refineries (Norco, Convent, and Port Arthur).

The main focus of the role will be on supporting the Crude, Feedstock, Intermediates, and LPG segments of our business and with Risk Management (hedging) analysis and reporting.

This role is the focal point to conduct analysis of accounting hedging results monthly for STL and produces a weekly and monthly latest estimate for STL Risk Trading.

Additionally, the role:

  • Provides financial and business decision support to STL Commercial Managers and VP STL different hedging strategies/programs for Motiva

  • Role must stay abreast of financial the crude and products markets to support analysis and development of hedging results commentary.

  • Must have a solid familiarity of hedging terminology and instruments needed to support the team and stakeholder inquiries

  • Solid level of accounting knowledge to understand flows to Motiva P&L across business lines

  • Supports all the management reporting for hedging related reports

More specifically:

  • Participates in closing the hedge book each month – work closely with STL and Risk Control to verify the accuracy of the hedging results

  • Develops the hedging results communication which is distributed to internal / external stakeholders

  • Conducts Run Month vs Trade Month analysis to assess effectiveness of physical crude purchases relative to the market

  • Conduct analysis on varied LE versus Actual results at month end based on needs

  • STL Finance focal point for new trade strategies review requiring STL Finance support/approval

  • Responsible for development of market outlook and quarterly hedge results section of the Quarterly Business Review documents sent to owners

  • Solid understanding of crude and feedstock markets, purchasing and sales, accounting, and inventories for development of market views to support business

  • Works closely with site Finance and E&S to coordinate, consolidate, analyze, and report on risk programs against business plan targets

  • Provide guidance and support as needed for the coordination of the annual Business Plan for Risk Trading related activities

  • Must have solid understanding of Right Angle, SAP, with strong excel based skills to support specific MI reporting for hedging related needs

  • A back up to other STL Financial analysts for key critical business activities

  • Adopt best practices with special attention to learning from others and Six Sigma Lean. Practice the Continuous Improvement (CI) mindset to everyday tasks and activities

  • Assist with special projects & ad-hoc business requests

  • The Motiva business drives for stronger and more rapid results delivery. This will place significant demands on the Finance teams supporting these groups to quickly develop experience and skills to deliver strong business support. Therefore, previous financial support to refining operations with working knowledge of crude oil and clean products, crude trading and risk control experience is preferred.

The successful candidate must be able to:

  • Prioritize workload to ensure that key internal and external requirements are met, working across a large number of customers.

  • Influence those outside of direct line to effectively deliver results and be able to engage across organization and functional boundaries.

  • Build and maintain effective relationships across Finance Functions, Supply, and Refining teams

  • Work in a period of high change given the market/margin volatility and pace of organizational change.

Requirements

  • Must have legal authorization to work in the U.S. on a full-time basis for anyone other than current employer.

  • Bachelor’s degree in Finance or a related field.

  • Minimum five (5) years of finance experience.

  • Energy industry experience with background in derivatives trading and physical crude / intermediates is preferred.

  • Downstream business finance experience working in a trading organization with exposure to front, mid, and back office functions including the areas of financial settlements and/or Risk Control would be highly desirable.

  • Advanced working knowledge of Excel

  • Proven experience with SAP.

  • Experience using Risk Management systems (Right Angle preferred).

  • Proven understanding of statistical tools and risk methodologies accountability / ownership for delivery of commitments.

  • Demonstrated ability to understand position reporting and hedge execution for refinery positions including crack spreads, crude quality differentials, trade month vs. run month pricing, products locational differentials, inventory management, etc.

  • Proven ability to relay financial information in a way that people with little or no financial background can understand

No. of Positions 1

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Removal Date 31-Dec-2016