Procurement/Supply Chain Intern (Finance)
CITGO PETROLEUM CORPORATION
CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.
At CITGO our people are our most important resource. Our core values are Safety, Integrity, Respect, Accountability, and Care.
Job Summary
Our Procurement and Supply Chain team strives to deliver maximum value and a competitive advantage for CITGO. We achieve this by providing non-hydrocarbon goods and services to CITGO at the lowest total cost of ownership, using best-in-class strategies with the highest levels of safety, integrity and partnership with operations management. Each member of the Procurement and Supply Chain team plays an important role in contributing to CITGO's success.
As a Procurement & Supply Chain Intern, you'll gain hands-on experience tackling real-world challenges, learning best-in-class strategies, and contributing to the optimization of our supply chain processes. You will get exposed to different aspects of sourcing, contract negotiation, analytics, inventory management and supplier relations. The level of exposure to each of these will vary based on the project(s) you are assigned, which will vary for each intern. Your projects will directly impact how we optimize supply chain processes and help CITGO maintain its competitive edge.
Throughout your internship, you'll receive mentorship and guidance from industry experts and participate in a variety of activities designed to enhance your learning experience - including visits to the field and opportunities to interact with senior management. By the end of your internship, you'll present to leadership to showcase your project outcomes, skills and knowledge you've developed and other elements of your internship experience at CITGO. The standard length of our internships varies from 9 to 14 weeks based on the project and your availability.
If you're a proactive, analytical thinker with a passion for driving results and making a meaningful impact, this internship is for you!
Minimum Qualifications
Requirements:
- Current college level of Junior, Senior or Graduate Student
- Pursuing a Bachelor's degree or higher in Supply Chain Management or other Business Major, Mechanical Engineer or other Engineering Major, Industrial Distribution, Economics or other related discipline
- Expected Graduation date: Fall 2025 through Fall 2026
- Available to start mid to late May 2025
- Must have legal authorization to work in the United States on a full-time basis without restrictions from their current employer or educational institution
- A minimum cumulative and major GPA of 3.0 on a 4.0 scale
- Proficient in Microsoft Office Suite
- Willing to work in each of these locations: Houston, TX, Corpus Christi, TX, Lake Charles, LA or Lemont, IL
- Analytically minded with deep understanding of spreadsheets and a bias for action
- Self-starter with the ability to deliver effective solutions using available resources and information
- Shows responsibility by taking ownership of tasks and following through on commitments. Confidently addresses challenges, holds themselves and others accountable
- Develops strong relationships and actively looks for opportunities to collaborate across teams to solve problems
Job Duties
- Assist in sourcing and contracting by conducting market research, supporting bidding, bid evaluations, and participating in negotiations
- Develop or update cost models by identifying key cost drivers within specific categories of spending.
- Leverage financial statements, market research, and public reports to evaluate supplier performance and assess market conditions
- Engage with suppliers to monitor performance and contribute to contract assurance efforts
- Create dashboards and reports to provide insights into supplier performance, contract spend, and potential areas of improvement
- Analyze internal spending trends and market data to identify opportunities for cost savings and value creation
- Collaborate with suppliers and internal teams to streamline Procurement & Supply Chain processes and improve related system operations
- Support contract management by analyzing data such as contract spending, price history, and contract compliance
- Evaluate material management processes to identify areas for improvement and develop solution
Job Duties II
Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned.
Here are the incentives we offer:
• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Caregiver Leave
• Excellent 401(k) Match
• Pension Plan
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)
PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.
Requisition ID - 1025
