Quality Oil Company

Petroleum Pricing Analyst

Quality Oil Company Winston-Salem, NC

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.
  • Seniority level

    Entry level
  • Employment type

    Full-time
  • Job function

    Marketing and Sales
  • Industries

    Oil and Gas

Referrals increase your chances of interviewing at Quality Oil Company by 2x

See who you know

Get notified about new Pricing Analyst jobs in Winston-Salem, NC.

Sign in to create job alert

Similar jobs

People also viewed

Similar Searches

Explore collaborative articles

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

Explore More