Biofuels Supply & Trading Manager
QuikTrip Tulsa, OK
QuikTrip Tulsa, OK
QuikTrip Tulsa, OK
5 days ago 45 applicants
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Title: Biofuels Supply & Trading Manager Category: Corporate Office
Date: Jun 21, 2024
Location:
Tulsa, OK, US
Primary Purpose Of Job: Lead the biofuel supply activities for the company; provide reliable, competitively priced biofuels to all markets in which QT blends. Improve cost of product delivered to stores by managing the basis risk and price risk associated with the purchasing and hedging of biofuel. Build and maintain advantageous relationships with suppliers, transportation (railroad, trucking companies) and governmental officials.
Major Functions: Effectively manage direct report employees
- Develop the staff and help each member grow to full potential in their respective position.
- Ongoing effort to position the right person in the right job.
- Praise, reprimand and counsel employees appropriately.
- Establish rapport with all direct-report employees and be available for counseling (career, problems, questions, etc.).
- Update and adhere to all QuikTrip policies and procedures concerning management practices (conducting performance appraisals, disciplinary action, terminations, maintaining incident files, etc.)
- Ensure direct report employees adhere to all QuikTrip policies and procedures, operating practices and/or mandated regulations and laws.
- Assure that all management treatment of direct-report employees is fair and consistent.
- Conduct and participate in all related meetings.
- Promote personnel efficiency, production and scheduling cost effectively.
Lead The Biofuel Supply Activities:
- Develop and implement supply portfolios for each market.
- Work closely with Petroleum Supply & Trading and Supply and Distribution teams to identify biofuel needs in each market.
- Identify trading and supply opportunities by analyzing historical relationships and current supply demand balance.
- Lead daily supply decisions to optimize rack versus bulk supply.
- Ensure each market is adequately supplied with product.
- Negotiate and execute contracts for purchase/sale.
- Manage price and basis positions with respect to risk exposure.
- Determine storage requirements, negotiate and execute contracts for space ensuring all strategic needs are covered.
- Investigate new products and supply opportunities and stay abreast of all federal/state regulations and governmental legislation.
- Generate and execute speculative trade positions. Manage positions daily according to each strategy’s parameters and QuikTrip guidelines.
- Provide QuikTrip’s Operations team with information adequate to make retail sales decisions regarding biofuels (including the use of cold flow improvers).
- Negotiate and manage rates and incentives with railroads.
- Represent the company externally and maintain an extensive network of 3rd party contacts ensuring supply options for stores.
- Attend industry functions and maintain a professional representation of QuikTrip.
- Manage transportation options for the movement of biofuels.
Lead The Biofuel RIN Activities:
- Responsible for market point of view and trading of RINs.
- Manage daily positions within QuikTrip guidelines.
- Generate and execute speculative trade positions.
Participate in the design and implementation of enhancements to systems and processes as they relate to improved efficiencies in the biofuels area of the business. Maintain and continue to develop expertise in the manufacturing, costing, and transportation of ethanol, biodiesel, DEF and cold flow improvers.
Develop, implement, manage and execute strategic plans for biofuels.
Participate in defining risk limits for biofuels.
Generate new business ideas, provide ROI’s, lead research team and/or serve as a subject matter expert on department projects.
Position In Organization: Reports to: Petroleum Supply & Trading Manager
Directly supervises: Biofuels Schedulers
Relationships: Inside the Company: Petroleum department personnel; Petroleum Accounting, Risk and Credit; Corporate Operations and Marketing personnel
Outside the Company: Biofuel suppliers (Traders) and transporters, terminal operators, railroad officials
Position Specifications: Required education: College Degree (Accounting, Economics, Math,Finance or Business preferred)
Required experience: 5 years in analytical position or relevant QuikTrip experience
Desired experience: Biofuel purchasing experience.
Required skills: Negotiating, analytical, and communication skills, advanced computer skills, especially with respect to spreadsheets
Desired skills: Understanding of refined products logistics assets in the U.S. (Pipelines/terminals); experience using Right Angle;understanding of truck, rail and barge transportation sectors.
Additional Criteria: This position is critical to supply security and profitability of fuel operations at the store level. T his position requires the employee to be available by phone and/or email and/or have accessibility to calendar, contacts and data while out of the office.
Starting Salary: $119,300-$149,100
Position Specifications: Required education: College Degree (Accounting, Economics, Math,Finance or Business preferred)
Required experience: 5 years in analytical position or relevant QuikTrip experience
Desired experience: Biofuel purchasing experience.
Required skills: Negotiating, analytical, and communication skills, advanced computer skills, especially with respect to spreadsheets
Desired skills: Understanding of refined products logistics assets in the U.S. (Pipelines/terminals); experience using Right Angle;understanding of truck, rail and barge transportation sectors.
Additional Criteria: This position is critical to supply security and profitability of fuel operations at the store level. T his position requires the employee to be available by phone and/or email and/or have accessibility to calendar, contacts and data while out of the office.
Starting Salary: $119,300-$149,100
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Seniority level
Mid-Senior level -
Employment type
Full-time -
Job function
Finance and Sales -
Industries
Retail
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Featured Benefits
Inferred from the description for this job
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Medical insurance
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Dental insurance
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Vision insurance
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401(k)
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Tuition assistance
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