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Phillips 66

Sr Advisor I, Product Control

Houston, TX, United States

This position has a base salary range of $140,400 – $171,600.

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Job details

Pay: This position has a base salary range of $140,400 – $171,600.
Apply by: Nov 30, 2026
Experience: Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster.
Posting language: English
Posted: Nov 10, 2026

Original job description

Phillips 66 & YOU - Together we can fuel the future

As the Sr Advisor I, Product Control, you’ll own profit and loss integrity, exposure reporting, and control execution for a defined portfolio of books or a complex business area. This role serves as a senior technical resource and trusted partner to Trading, Operations, Risk, FP&A, and Accounting, using sound judgment to resolve complex issues, improve reporting outcomes, and guide work across functions.

This role is best suited for someone who combines strong product control expertise with commercial curiosity, independent judgment, and the ability to lead complex issue resolution and process improvements. The Sr Advisor operates with broad autonomy within established governance and helps translate business, valuation, accounting, and risk considerations into effective control and reporting practices.

What You’ll Do

Own timely and accurate exposure and profit and loss reporting for a defined portfolio of books or complex business area, with accountability for output quality, integrity, and escalation of material issues.
Lead advanced risk controls, including P&L explained, value at risk, and drawdown analysis; investigate complex variances and valuation questions; and recommend practical resolutions.
Lead month-end and mark-to-market to GAAP activities for assigned areas while ensuring effective control execution, appropriate documentation, and alignment with accounting policies and governance standards.
Serve as a senior business partner to Trading, Operations, Risk, FP&A, and Accounting by resolving cross-functional issues, challenging assumptions, and aligning stakeholders on reporting and control outcomes.
Develop talent by mentoring analysts, sharing technical knowledge, coordinating priorities, and providing guidance on complex issues and day-to-day execution.
Lead medium- to high-complexity improvements across reporting, controls, data, and processes, including enhancements related to new products, methodology changes, automation, or business requirements.
Support audit, regulatory, and governance readiness by providing evidence, identifying control gaps, supporting remediation, and helping sustain consistent practices across assigned books or teams.

What You’ll Bring – Required

Legally authorized to work in the United States
Bachelor’s degree in Finance, Accounting, Economics, Engineering, Math, or a related field
5 or more years of experience in product control, middle office, finance, accounting, or a related discipline
Advanced or greater Excel skills and deep understanding of the trade lifecycle, settlements, accounting, and relevant accounting policy considerations

What Makes You Stand Out – Preferred

Intermediate to strong SQL, VBA, or Python skills for data modeling, reporting, variance analysis, automation, or control enhancement
Experience with Power BI or similar reporting and visualization tools
Knowledge of options, Greeks, storage valuation, and other advanced commodity valuation concepts
Experience working with Market Risk on value at risk, stress testing, methodology alignment, or risk reporting improvements
Demonstrated ability to lead complex issue resolution or cross-functional initiatives involving Trading, Risk, Operations, Finance, Accounting, or other business partners
Strong quantitative, critical reasoning, and problem-solving skills, including the ability to challenge assumptions, work through ambiguity, and make sound recommendations with limited oversight
Ability to operate with high autonomy within governance standards and to assess the business, reporting, risk, and control implications of non-routine situations
Experience with ETRM implementations, new product onboarding, dashboards, automation solutions, or other business process transformations
Experience driving consistency or harmonization across multiple books, desks, or reporting processes
Experience supporting audit evidence, regulatory requests, control remediation, or governance activities
Professional certifications such as FRM or CFA, or an MBA or other advanced business education

Compensation Range

This position has a base salary range of $140,400 – $171,600.

At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role’s requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.

The Commercial organization works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration. Our truck and rail fleets support our feedstock and distribution operations. Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.

Total Rewards

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being - physical, emotional, social, and financial - is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results - personally and professionally. Benefits for certain eligible, full-time employees include:

Annual Variable Cash Incentive Program (VCIP) bonus
8% 401k company match
Cash Balance Account pension
Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services

Learn more about Phillips 66 Total Rewards.

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. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. 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, cultivate an environment of trust, seek different perspectives and pursue excellence.

Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.

To be considered:

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of November 29, 2026.

Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.

Phillips 66 is an Equal Opportunity Employer

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