Fuel Pricing Analyst

Company Overview

United Petroleum is an independent, Australian owned petrol and convenience company which offers customers premium quality fuels and competitive pricing Australia-wide. Established in 1993 the United retail network contains over 400 locations in every state in Australia and is one of the largest private owned groups in Australia.

United is the largest and one of the fastest growing independent companies in Australia, specializing in the retail and wholesale fuel markets; convenience stores, fuel terminal import operations, fuel transport, fleet card services, and ethanol manufacture; generating employment for over 2,500 Australians.

Purpose of the Role

As a Fuel Pricing Analyst, you will be responsible for monitoring, analyzing, and implementing pricing strategies to optimize profitability and remain competitive in the fuel market.

Key Accountabilities

(Key activities, deliverables, and metrics)

Responsibilities:

• Monitor fuel prices and market trends on a daily basis to stay informed about industry dynamics, competitor pricing strategies, and geopolitical factors affecting fuel prices.
• Analyze historical pricing data and sales trends to identify patterns, correlations, and opportunities for pricing optimization.
• Develop and implement pricing strategies that maximize profitability while remaining competitive in the market.
• Collaborate with cross-functional teams, including marketing, finance, and operations, to ensure alignment of pricing strategies with business objectives and market conditions.
• Utilize pricing optimization tools and software to conduct scenario analyses, price simulations, and sensitivity analyses.
• Monitor and evaluate the impact of pricing changes on sales volume, revenue, and overall business performance.
• Generate regular reports and presentations to communicate pricing insights, trends, and recommendations to key stakeholders.
• Stay abreast of regulatory changes, industry developments, and emerging technologies that may impact fuel pricing strategies.
• Conduct competitive analysis and benchmarking to assess the positioning of our fuel prices relative to competitors.
• Continuously seek opportunities to improve pricing processes, methodologies, and analytical capabilities.

Qualifications:

• Bachelor's degree in finance, economics, business administration, or related field. Advanced degree preferred.
• Proven experience in pricing analysis, revenue management, or related field, preferably within the fuel industry.
• Strong analytical skills with the ability to interpret complex data sets and draw actionable insights.
• Proficiency in using statistical analysis tools, Excel, and pricing optimization software.
• Excellent communication and presentation skills with the ability to articulate complex pricing concepts to diverse audiences.
• Detail-oriented with a focus on accuracy and precision in data analysis and reporting.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
• Strong business acumen and strategic thinking skills.
• Collaborative mindset with the ability to work effectively in cross-functional teams.
• Familiarity with fuel industry regulations, market dynamics, and supply chain management principles is a plus.