austin | Oil & Energy, Buyer / Trader in Houston, TX

Oil & Energy, Buyer / Trader

  • Confidental Company
  • $85,000.00 - 85,000.00 / Year
  • 10505 Grant Rd
  • Houston, TX 77070
  • Full-Time
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MAIN FUNCTION

  • Plan, negotiate and procure raw materials including feedstock (such as FCCS, EBO’s, creosote oil, other oils, and plastic resins), natural gas, fuel oil, and electricity – Purchasing /Procurement.

  • Be the SME (Subject Matter Expert) in the feedstock and energy functions.

  • Identify and develop company’s value proposition to suppliers and customers.

  • Develop and implement corporate policies and procedures related to the above activities.

  • Institute and manage feedstock and energy management programs (including environmental, health, and safety considerations) in coordination with operating plants and consistent with company’s business objectives

  • Formulate and implement business strategy to tackle market and industry challenge and completely in charge of emergent supply situation.

  • Diversify supplies of feedstock and mitigate supply disruption risk with sustainable business plan.

  • Actively contribute to the development and execution of company’s Annual Operating Plan (“AOP”) and Strategic Business Plan (“SBP”) goals for growth and profitability.

    DUTIES AND RESPONSIBILITIES

  • Develop and maintain market and competitive information to ensure company is positioned to compete effectively in the industry.

  • Nurture contacts within industry and with suppliers, terminal operators, transportation (rail and truck operators) and traders to maintain current knowledge of industry trends, supply availability and transportation issues.

  • Develop and maintain relevant benchmarks and KPI’s (Key Performance Indicators) and report on daily, weekly, monthly basis, as appropriate.

  • Commit to understanding, preparing and achieving the company’s AOP and SBP goals.

  • Compile and maintain specifications for all feedstock types that are applicable to production.

  • Seek, evaluate, approve and procure alternative feedstock to complement supplies from oil refineries.

  • Negotiate annual feedstock agreements to secure most competitive prices and terms globally (based on total value package, not strictly on price).

  • Coordinate with each operating plant’s production schedule and maintain adequate inventories for quality and supply stability.

  • Coordinate Laboratory evaluation and approval of alternative feedstock optimizing sulfur content by identifying appropriate blends.

  • Optimize raw materials logistics to ensure lowest cost supply chain by developing logistics plan for feedstock including delivery, storage, and blending to provide optimum plant productivity.

  • Develop domestic and global feedstock trading capability to add profitable opportunities for the company.

  • Purchase electricity and natural gas to match each operating plant’s production requirements while monitoring relevant market trends for best timing and pricing.

  • Establish commodity hedging procedures and processes with Finance Department to minimize feedstock and natural gas risks caused by price volatility.

  • Implement automated tracking process for all monitor feedstock railcars and trucks to ensure on-time arrival at the operating plants.

  • Prepare 3-month forward rolling forecast for feedstock and natural gas volume and prices.

  • Prepare annual feedstock, natural gas and electricity budget for the Annual Operating Plan (AOP).

  • Keep senior management informed of feedstock and natural gas activities through weekly staff meetings and written weekly activity reports.

    EDUCATION AND EXPERIENCE

  • Bachelor degree in chemistry, business economics, Finance, or technical discipline preferred.

  • 3-5 years of relevant work experience, including 3 years of demonstrated success in a similarly sized manufacturing company.

  • Knowledgeable of and experienced in commodity hedging instruments, techniques and strategies.

  • Demonstrated skills in analytics and negotiations.

  • Proficiency in computer applications (MS Word, Excel, PowerPoint, AX.) a must.

  • Effective communicator, both oral and in writing.

  • Uncompromising integrity and work ethic.