Advisor, Product Control
About the role
Phillips 66 & YOU - Together we can fuel the future
Phillips 66 has been operating in the UK for over 65 years and we are as excited about our future as we are as proud of our past. We are committed to improving lives, and that is our promise to our employees and communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflects on who we are, the environment we create and how we work together.
Our company is built on values of safety, honour and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviours: We Work for the Greater Good; Cultivate an Environment of Trust; Seek Different Perspectives and Pursue Excellence.
Our employees are the heart of our success, and there is a reason why we continue to attract great talent. It’s not just the excellent benefits package, or the opportunities for personal growth, it’s also the caring and committed culture of the organisation that makes everyone feel like they can bring their authentic self to work and be truly part of our team.
Basic Function
As the Advisor, Product Control, you’ll lead complex daily P&L explanations and month-end controls across multiple books while serving as a trusted partner to Trading, Operations, Risk, FP&A, and Accounting. This role is best suited for someone with strong analytical judgment, commercial curiosity, and the ability to work independently through ambiguity. You’ll interpret complex position, exposure, and valuation data, mentor junior analysts, and drive improvements that strengthen reporting quality, control effectiveness, and stakeholder alignment.
Primary Accountabilities/Responsibilities
- Lead timely and accurate exposure and profit and loss reporting for multiple books or more complex portfolios.
- Perform advanced risk controls, including P&L explained, value at risk, and drawdown analysis, and investigate complex variances and valuation questions.
- Partner with Trading, Operations, Risk, FP&A, and Accounting to resolve issues, align stakeholders, and improve reporting outcomes.
- Lead month-end and mark-to-market to GAAP activities for assigned areas and help ensure sound control execution.
- Support talent enhancement by mentoring junior analysts, sharing technical knowledge, and helping set priorities.
- Drive continuous improvement efforts that optimize reporting, control processes, and stakeholder transparency.
Required Skills/Competencies
- Bachelor’s degree in Finance, Accounting, Economics, Engineering, Math, or a related field.
- Relevant experience in product control, middle office, finance, or accounting.
- Strong Excel skills and deep understanding of trade lifecycle, settlements, and accounting.
- Strong quantitative, critical reasoning, and problem-solving skills, including the ability to challenge assumptions and work through ambiguity with limited oversight.
Preferred Skills/Competencies
- Intermediate SQL, VBA, or Python skills for data modeling, reporting, and variance analysis.
- Experience with Power BI or similar reporting tools.
- Knowledge of options, Greeks, storage valuation, or other advanced commodity valuation concepts.
- Experience working with Market Risk on methodology alignment around value at risk and stress testing, or supporting audit evidence and remediation activities.
- Professional certifications such as FRM or CFA.
Additional Information
Candidates must hold the legal right to live and work in the UK on a permanent basis without restrictions, or the role you are applying for meets the criteria for employer sponsorship.
We are on an exciting journey, are you ready to join us?
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.
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 Thursday 26th November 2026. Applications will be reviewed periodically throughout the advertising window. However, we may invite candidates who pass our screening process to selection events on a first-come, first-served basis and making offers of employment to people who are successful at those events, therefore we advise that you apply as soon as possible to avoid disappointment.
Phillips 66 is an Equal Opportunity Employer