Fuel Pricing Analyst

2 weeks ago

St Albans, Hertfordshire, United Kingdom Motor Fuel Group Full time

Job Title: Fuel Pricing Analyst

Job Summary:

We are seeking a skilled Fuel Pricing Analyst to join our team at Motor Fuel Group. As a key member of our commercial team, you will be responsible for reviewing, approving, and communicating daily retail fuel prices to our Retail Operations team and MFG sites.

Main Responsibilities:

  • Review and approve daily fuel prices to ensure they meet or exceed budget cash margin and volume targets.
  • Communicate effectively with members of the Retail Services and Operations teams.
  • Ensure timely distribution and confirmation of approved price changes to the MFG Operations team or Site retailers/managers as appropriate.
  • Maintain standard and special price day pricing strategies and constraints.
  • Update MFG Site details, including new sites, site disposals, brand and contracted cost of product changes, and site/retailer details.
  • Monitor and add new competitors to the MFG Pricing system identified via the Catalist site data.
  • Update MFG Pricing system with the Catalist monthly changes in site ownership and brands.

Requirements:

  • A working knowledge of the physical properties of all motor fuel types.
  • A working knowledge of the workings of a petrol station forecourt.
  • A working knowledge of Fuels cost price methodologies (Platts/Argus) etc.
  • An understanding of MFG's Contract Manager based mode of operation.
  • Knowledge of Price Elasticity modelling, Game Theory, and other Retail Pricing tools/methodologies is an advantage.
  • Effective communication and influencing skills; verbal, electronic, and written.
  • Computer literate with advanced Excel skills.
  • Effective organisational skills with the ability to prioritise tasks and to work to deadlines.
  • Attentive to detail.
  • Ability to work flexibly in a team.
  • Ability to develop systems and processes.
  • Ability to use initiative to identify and apply solutions.
  • Ability to work accurately within strict time deadlines.

Work Context:

The post is based at MFG's Head office in St. Albans, but some business travel may be required from time to time. Additional hours will also be required to be worked from time to time over the contracted working hours to ensure that needs of the business are met.

A rota system will be organised within the team to cover out of hours/weekend business needs.

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