Fuel Pricing Analyst

1 week ago

St Albans, Hertfordshire, United Kingdom Motor Fuel Group Full time
Job Title: Fuel Pricing Analyst

As a key member of the Motor Fuel Group team, the Fuel Pricing Analyst will play a crucial role in ensuring the company's retail fuel prices are optimized to maximize gross profit.

Main Responsibilities:
  • Review and approve daily retail fuel prices to ensure they align with MFG's pricing strategies and meet or exceed budget cash margin targets.
  • Develop and maintain fuel pricing, costs, volume, margin, and associated reports to inform business decisions.
  • Collaborate with the Retail Services and Operations teams to ensure effective communication and timely distribution of approved price changes.
  • Monitor and update MFG Site details, including new sites, site disposals, brand and contracted cost of product changes, and site/retailer details.
  • Liaise with suppliers, including PDI, Experian Catalist, OMJ, Tankfil, Fairbanks, and fuel suppliers, as required.
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.
  • Effective communication and influencing skills; verbal, electronic, and written.
  • Computer literate with advanced Excel skills.
  • Effective organizational skills with the ability to prioritize tasks and 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.
Work Context:

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

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