Position Description
Petroleum Pricing Analyst
Position Summary
Quality Oil Company, LLC is a family owned, financially strong, growing company. We have been in business since 1929 and base our business principles on our core ideology. To learn more about our strong, stable, and diverse company visit us www.QOCNC.com.
The Petroleum Pricing Analyst will be responsible for analyzing market data, competitive pricing, and internal targets to determine optimal street prices for gasoline at our convenience store locations. This role requires a strategic thinker who can balance profitability, market share, and customer satisfaction.
Responsibilities
Price Setting and Adjustment:
Develop and implement gasoline pricing strategies that align with company goals.
Analyze daily pricing data to set competitive street prices.
Monitor and adjust prices in response to market conditions, competitor actions, and sales performance.
Data Analysis and Reporting:
Utilize analytical techniques to interpret pricing data and market conditions.
Create detailed reports and presentations to communicate pricing strategies and performance to senior management.
Track and report key performance indicators (KPIs) related to gasoline pricing and sales.
Collaboration and Communication:
Work closely with the operations leaders to ensure cohesive pricing strategies.
Communicate pricing changes and strategies to store managers and other relevant stakeholders.
Provide insights and recommendations to management based on data analysis and market observations.
Target Achievement:
Monitor set operational targets to achieve desired financial outcomes.
Evaluate the effectiveness of pricing strategies and make necessary adjustments to meet or exceed targets.
Continuous Improvement:
Stay updated on the latest pricing tools, technologies, and best practices.
Recommend and implement process improvements to enhance pricing accuracy and efficiency.
Requirements
- Strong analytical skills and proficiency in data analysis tools and software
- Excellent understanding of market dynamics and competitive pricing strategies.
- Ability to make data-driven decisions and provide actionable insights.
- Strong communication and interpersonal skills to collaborate effectively with cross-functional teams.
- Detail-oriented with strong organizational and problem-solving abilities.
Preferred Qualifications:
- Bachelor’s or Associate Degree
- Experience with fuel pricing software and market intelligence tools.
- Knowledge of economic principles related to supply and demand, pricing elasticity, and market competition.
- Familiarity with regulatory requirements and industry standards in gasoline pricing.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Compensation package:
Schedule:
- 8 hour shift
- Monday to Friday
- Weekends as needed
Experience:
- Pricing: 3 years (Required)
- Pricing Software: 3 years (Required)
Ability to Relocate:
- Winston-Salem, NC 27127: Relocate before starting work (Required)
Work Location: In person