Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.
Who We Are
We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.
We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.
Fostering an Inclusive Work Environment
To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.
Job Summary
The Lead Product Control role supports the Commercial organisation by providing independent financial oversight, valuation integrity, and control across trading and optimisation activities. The role exists to ensure accurate profit and loss reporting, transparent risk exposure, and strong control discipline in support of commercial decision‑making and regulatory compliance.Working closely with trading, risk, finance, and operations teams, the role maintains robust control processes, enhances reporting quality, and strengthens governance across the front‑to‑back value chain within a regulated UK operating environment.
Position Overview
Key Responsibilities
Provide leadership for product control activities to ensure timely, accurate, and independent daily, monthly, and quarterly profit and loss reporting aligned with internal control standards.
Validate trade capture, pricing models, curves, and valuation methodologies to support accurate financial reporting and risk transparency.
Analyse profit and loss drivers, market movements, and position changes, providing clear and concise explanations to trading, risk, and finance stakeholders.
Partner with trading teams to ensure new products, structures, and strategies are supported by appropriate valuation, reporting, and control frameworks.
Oversee balance sheet substantiation, accruals, and reconciliations to support statutory and management reporting requirements.
Coordinate with risk teams to ensure consistency between profit and loss reporting, exposure measurement, and limit monitoring.
Engage with finance, accounting, and external audit teams to support period‑end close activities, audits, and control assessments.
Maintain and enhance product control processes, documentation, and controls to strengthen governance, transparency, and operational resilience.
Provide guidance, oversight, and technical direction to product control analysts, supporting capability development and consistent application of control standards.
Basic / Required Qualifications
Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Engineering, or a related field, or equivalent skills, knowledge, or experience.
Experience in product control, trading finance, or a related commercial finance role supporting trading or optimisation activities, or equivalent relevant experience.
Demonstrated experience providing independent profit and loss reporting and valuation oversight in a controlled operating environment.
Working knowledge of financial instruments, market pricing, and risk concepts relevant to energy or commodity markets.
Experience partnering effectively with trading, risk, and finance stakeholders.
Strong analytical and communication skills with the ability to explain complex financial outcomes clearly.
Preferred / Desirable Qualifications
Professional accounting qualification or progress toward qualification.
Exposure to crude oil, refined products, NGLs, gas, power, or related commodity markets.
Experience with enterprise trading and risk management systems and associated valuation models.
Familiarity with UK regulatory expectations, audit processes, and financial control frameworks.
Experience leading or mentoring product control team members.
Generates effective solutions based on available information and makes timely decisions that are safe and ethical.
Analyses stakeholder needs, global, political, and market trends to understand how they shape the future and impact our business results.
Understands how key financial and quantitative indicators impact the business.
Drives thoughtful and pragmatic change by encouraging innovative thinking and continuous improvement. Models adaptability by responding resourcefully, flexibly, and positively when faced with new challenges and demands.
Additional Information
Equal Opportunities Statement
ConocoPhillips is committed to providing equal employment opportunity. We welcome applications from all suitably qualified candidates and do not discriminate on the basis of any legally protected status.
Right to Work Statement
The successful candidate will be required to demonstrate their right to work in the UK prior to commencing employment.
Apply By:
Mar 30, 2026Sponsorship:
ConocoPhillips’ sponsorship for employment authorization in the country where this job is located is available for this position.EEO:
ConocoPhillips is an equal opportunity employer.
