Contracts Analyst II, Midstream Commercial

Contracts Analyst II – OverviewAs a Contracts Analyst II on our Midstream Commercial & Business Development team, you will support Lease Crude and Gathering & Processing businesses by managing a wide range of commercial agreements. You will work closely with contract managers and cross‑functional partners to keep the contract portfolio accurate, compliant, and aligned with business goals.ResponsibilitiesReview and draft contract terms and conditions, ensuring alignment with legal requirements, industry standards, and company policies for energy markets.Administer commercial contracts for crude oil and natural gas, including setup, maintenance, and monitoring of performance across regions and business segments.Collaborate with internal stakeholders such as Commercial, Accounting, Division Order, Legal, ICC Optimization and Scheduling, and field operations to research issues, resolve questions, and support negotiations and renegotiations.Draft, route, and manage new commercial agreements through the full contract lifecycle using tools such as SAP, QCM, TIPS Gathering, QPTM, EDS, and iCertis CLM.Manage contract and deal data in internal systems, auditing for accuracy and integrity, identifying trends, and providing feedback to improve processes.Develop and maintain contract documentation and records using document management tools to ensure consistency, compliance, and accessibility.Prepare and summarize data and reports that provide visibility into contract performance, incoming production, and commercial opportunities to support bids, planning, and decision making.Support continuous improvement by optimizing contract‑related work processes, supporting pre‑close and audit activities, and coordinating cross‑regional coverage to maintain seamless operations.Required QualificationsLegally authorized to work in the United States.Bachelor's degree required.One or more years of relevant experience in commercial, business development, operations, or a related role.Preferred QualificationsThree or more years of experience in commercial, business development, operations, or a related role.Bachelor's degree in business, finance, accounting, supply chain, or a related field.Experience in the energy industry, preferably midstream, commodity/energy trading, or commercial contracts for crude oil and natural gas.Experience supporting contract managers with drafting, administering, and monitoring commercial agreements, including performance evaluation and compliance activities.Hands‑on experience with contract and deal management systems such as SAP, QCM, TIPS Gathering, QPTM, EDS, and iCertis CLM.Demonstrated ability to manage multiple priorities, work across regions and teams, and contribute to process improvements.Strong analytical and reporting skills with the ability to work with complex data and translate findings into clear insights for stakeholders.Compensation & BenefitsThis position has a base salary range of $82,800 - $101,200. Phillips 66 provides a comprehensive benefits package, including:Annual Variable Cash Incentive Program (VCIP) bonus8% 401(k) company matchCash Balance Account pensionMedical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHPWell‑being programs and incentives, including Employee Assistance Plan, well‑being reimbursement, and backup family care servicesEqual Opportunity EmployerPhillips 66 is an Equal Opportunity Employer.#J-18808-Ljbffr