This position provides various analytical support to the Commodities department that executes all physical trading and risk hedging transactions for Magellan strategies that involve commodity exposure. RESPONSIBILITIES The primary responsibility of this role is scheduling and inventory management for crude activity which includes: Managing inventory, nominations, and other scheduling requirements for MAS Commodities business strategy activities with multiple counterparties across various internal and external assets for both crude and refined products. Initiating, scheduling, reviewing and monitoring daily inventory/nominations to actualize against deals executed by MAS Commodities. Tracking transactions related to minimum inventory requirements, tender deductions, and buy/sell deal balances, etc to provide accurate position information for commodity risk management on a daily basis. Mining data and preparing spreadsheets to analyze and reconcile data. Investigating and resolving matters of significance on behalf of management by solving problems related to scheduling, nominations, and reconciliations. Collaborating with Accounting to correct volumes, inventory positions, and other monthly system close related activities. Additional responsibilities include contract management for physical commodities trades; tracking, analysis and reporting of transactional gross margins; and providing administrative and analytics back up to other Commodities team members as needed. Systems and software primarily utilized in this role include Cobalt, Atlas, Right Angle, Excel, and Qlik Sense. Familiarity with crude oil and refined products published pricing sources such as Platts, Argus, and OPIS is a plus. Strong written and verbal communication skills are required.
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REQUIREMENTS Bachelor’s degree in Business, Accounting, or related field preferred and 3 years of relevant job experience preferred. Additional requirements: The ability to communicate effectively orally and in writing in English with co-workers, supervisors, internal and external customers; the ability to work in stressful conditions; the ability to adapt and respond in changing circumstances; the ability to use a personal computer with the Windows® operating system to complete time sheets, send and receive email, and access information posted on the Company’s intranet; availability as needed to work on both a scheduled and call-out basis; and the ability to work at the assigned job site. The above statements are intended to describe the general nature and level of work being performed by employees assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills, or working conditions. Magellan Midstream Holdings GP, LLC. is an Equal Opportunity Employer and we do not discriminate against applicants due to race, ethnicity, gender, age, religion, national origin, veteran status, sexual orientation, gender identity, sex or on the basis of disability. All qualified applicants will receive consideration for employment. |