Management Executive Pricing

Opportunity Information

The Role

PARCO is hiring a Management Executive Pricing (contractual role) in Karachi to support the company's Product Pricing function, with a focus on evaluating the commercial and financial aspects that impact overall profitability.

•Develop pricing strategies to optimize profitability while remaining competitive in the market •Determine monthly prices for local crude oil/ condensate received from multiple E&P fields •Determine Ex-Refinery prices of regulated petroleum products (HSD, MOGAS, LDO, Aviation Fuels) as per policy guidelines •Propose Ex-Refinery prices for deregulated products (FO, Bitumen, Sulphur, MOGAS-95) to the Pricing Committee, backed by commercial and financial analysis •Update the SAP Pricing Master for ex-refinery prices, IFEM, distribution margin, petroleum levy, premiums and discounts •Coordinate with OGRA for settlement of the Refinery's claim from IFEM and submission of the Refinery's payables to IFEM and its subsequent third-party audit •Prepare the Profitability Report for the Marketing segment •Manage internal and external activities related to subscription of international price assessment benchmarks and market/ price studies •Support development of the company's annual budget for Pipeline, Refinery and Marketing business •Ensure compliance with OGRA regulations, guidelines of the Ministry of Energy (Petroleum Division), crude oil/ condensate sales agreements and management directives

Applicants General Eligibility & Requirements

Education, Experience and Skills Requirements