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ExxonMobil

Produces oil, gas, fuels and chemical materials

Buyer / Contracts Manager

Full-TimePosted on 10/22/2026
No salary listed
Junior
Bachelor's
Bengaluru, Karnataka, India
In PersonBased in India; travel 5–10%.
Operations & LogisticsProcurement & Sourcing

About the job

Requirements
  • A bachelor's degree in engineering, supply chain, Business, or related experience, with a minimum CGPA of 6.0 or equivalent.
  • At least 2 years of experience in procurement, contracts management, or strategic sourcing; experience in Oil & Gas, Power, Petrochemicals, Chemical Manufacturing, EPC, or a similar industry is preferred.
  • Proven experience managing global contracts and working across APAC, Europe, and the Americas.
  • Technical understanding of managed categories, such as product specifications and manufacturing processes, labor productivity and rate structures, or chemical properties, handling, and regulatory requirements.
  • Knowledge of international trade, Incoterms, customs, and logistics.
  • Analytical skills and knowledge of total cost of ownership/total supply cost principles, cost modelling, and should-cost analysis.
  • Knowledge of the procure-to-pay process and ERP/e-sourcing systems such as SAP, Ariba, or Coupa.
  • Full professional proficiency in written and spoken English is mandatory.
  • Professional working proficiency in at least one of Mandarin Chinese, German, or Portuguese is required, including the ability to negotiate, review commercial documents, and correspond with suppliers in that language.
  • Willingness to travel 5–10%.
Responsibilities
  • Understand market, industry, and business drivers to provide fast, innovative, value-added commercial support to internal clients.
  • Set strategic vision for assigned categories, including supplier identification, evaluation, qualification, sourcing, and ongoing supplier relationship management, to meet global requirements.
  • Evaluate global suppliers and emerging players in APAC, Europe, Latin America, and North America to support strategic sourcing decisions, including low-cost-country sourcing where appropriate.
  • Own commercial actions and drive business value through RFx, bids, renewals, and amendments, focusing on total cost of ownership.
  • Negotiate medium- to high-complexity contracts and draft or review Statements of Work, Master Service Agreements, Global Supply Agreements, rate schedules, and other vendor contracts with internal and vendor legal teams.
  • Manage the end-to-end contract lifecycle, including award, mobilization, performance and KPI/SLA tracking, change orders, claims, renewal, and close-out.
  • Analyze spend and patterns to identify opportunities for consolidation, supplier-base rationalization, demand management, specification optimization, and alternatives analysis.
  • Monitor global markets to anticipate price changes, including index-linked mechanisms, supply disruptions, capacity constraints, and technological changes.
  • Communicate and collaborate with Projects/Operations, Business Lines, Legal, Finance/Controllers, HSE, Quality, Tax, and other procurement category teams to maximize commercial outcomes.
  • Ensure contracts meet regulatory, trade, labor, HSE, sustainability/ESG, and compliance standards in each region, including anti-bribery, sanctions, and export control.
  • Ensure all documents and exhibits are complete and included in final contracts, and that required functional reviews and management approvals are completed or obtained.
  • Handle procure-to-pay activities and contract lifecycle management for assigned projects and categories, working with relevant organizational partners.
  • Apply industry expertise to category strategies that deliver savings, risk mitigation, and business transformation.
Desired Qualifications
  • Recognized language certification, such as HSK, DELE, or CELPE-Bras, or equivalent professional experience.
  • Professional proficiency in more than one of Mandarin Chinese, German, or Portuguese.

About the company

ExxonMobil produces oil and natural gas and manufactures fuels, lubricants, and chemicals for transport operators, industrial customers, and consumers around the world. Its businesses span resource exploration and production, refineries that turn crude oil into fuels, and plants that make plastics and other chemical materials. The company sells products through wholesale supply agreements and the Exxon, Esso, and Mobil brands, including motor oils for vehicles and machinery. It also sells services that capture, transport, and store industrial carbon dioxide underground. The merged company formed in 1999 from Exxon and Mobil, with roots in earlier oil businesses, and is headquartered in Spring, Texas.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

Irving, Texas

Founded

1999

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Simplify's Take

What believers are saying

  • Investment has cash backing: ExxonMobil generated $23.6 billion of operating cash flow in the June 2026 quarter.
  • ExxonMobil is commercializing carbon storage: its second Louisiana operation started in February 2026.
  • Eligible U.S. employees build retirement savings: ExxonMobil contributes 7% of salary when workers contribute 6%.

What critics are saying

  • Oil prices drive ExxonMobil's results: higher crude prices added $4.2 billion to upstream earnings in the June 2026 quarter.
  • U.S. starting vacation is limited: ExxonMobil lists a two-week base allowance that increases with service.
  • ExxonMobil's workforce contracted: February 2026 reporting showed regular employees fell from 61,000 to 58,000 during 2025.

What makes ExxonMobil unique

  • ExxonMobil controls a vast shale footprint: its combined Permian holdings span more than 1.4 million net acres.
  • ExxonMobil directs Guyana's major offshore field: its affiliate operates Stabroek with a 45% stake.
  • ExxonMobil owns carbon-storage infrastructure: its U.S. carbon dioxide pipeline network stretches more than 1,300 miles.

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Benefits

  • Health Insurance
  • Life Insurance
  • 401(k) Retirement Plan
  • Competitive compensation
  • Medical plans
  • Maternity Leave
  • Retirement benefits
  • Annual vacations & holidays
  • Day care assistance program
  • Training and development program
  • Tuition assistance program
  • Workplace flexibility policy

Company News

Yahoo Finance
Oct 22nd, 2026
Exxon recoups $55B Guyana investment, turning the project into a free cash flow engine

Exxon Mobil says its Guyana project has fully paid back its investment, a shift management called "very much an inflection into free cash flow." The company said on a July 31, 2026 call that it recovered its $55 billion investment and all operating costs. Under the contract, up to 75% of production can go toward cost recovery. The rest is shared 50-50 with Guyana's government. Gross output was about 900,000 barrels a day in the second quarter. Exxon's free cash flow hit $17.0 billion in the quarter, up from $5.27 billion a year earlier. Management expects Guyana's free cash flow in 2030 to be twice the 2025 level. Higher oil prices may have boosted the quarter, and Exxon temporarily lost about 10% of upstream production to the Middle East conflict. The fifth floating production ship, Errea Wittu, is on track to start up by the end of 2026.

Yahoo Finance
Oct 21st, 2026
Exxon stock up 65.8% in a year: key dates to watch, from Q3 results to Guyana's fifth vessel

Exxon Mobil (XOM) shares returned 65.8% over the past year, against 17.4% for the S&P 500, helped by tight markets. Several events could move the stock over the next six months. The company reports third-quarter 2026 results on October 30, 2026. Second-quarter net income more than doubled to $14.5 billion from $7.08 billion a year earlier, and management expects refining margins to stay very high. Errea Wittu, its fifth production vessel in Guyana, is due to start up by the end of 2026. Exxon also plans investment decisions on projects in Mozambique and Papua New Guinea before year-end. The Middle East conflict cost Exxon about 10% of upstream output in the second quarter. Windfall taxes on European refining are a risk.

Yahoo Finance
Oct 20th, 2026
Cash beats debt: stronger balance sheets sit closer to 52-week highs in all five pairs

Companies with more cash than debt are holding up better as inflation hits 3.7%, the 10-year Treasury yields about 5.1%, and US oil tops $100 a barrel. An analysis of five industry pairs found the stronger company sat closer to its 52-week high in every case. In four, debt made the difference. Microsoft, with $20 billion of net cash, is 1.8% below its high. CoreWeave, with $46 billion of net debt, is 56.3% below. Exxon is 0.4% below its high, against 35.6% for American Airlines. Nucor trails its high by 4.9%, while Celanese trails by 30.8%. Alphabet is down 14.4%, while Charter, with $96 billion of net debt, is down 57.0%. Costco and Nike are the exception: Nike's gap stems from falling sales, not debt.

Yahoo Finance
Oct 17th, 2026
Diesel at $6.20 a gallon: Marathon leads five energy stocks set to gain

US diesel prices averaged $6.199 a gallon for the week of October 5, the US Energy Information Administration (EIA) said. That is down from a 2026 peak of $6.529 in late September but more than $2.50 above a year ago. A disruption to Strait of Hormuz shipping earlier this year cut global refined fuel exports. Refiners gain most. Marathon Petroleum's refining margin doubled to $36.33 a barrel in the second quarter, from $17.58 a year earlier. Integrated majors also benefit. Chevron's downstream earnings rose to $4.9 billion from $737 million, while ExxonMobil's refining and fuels earnings reached $4.1 billion, nearly double a year earlier. Pipeline firms Energy Transfer and Enterprise Products Partners earn mostly fees, so they get little direct lift. The EIA expects prices to stay high through October before easing.

Yahoo Finance
Oct 16th, 2026
Exxon shares rise 2% as refining margins add $4.5B to Q3 estimate

Exxon Mobil shares rose 2% to about $178.04 on Friday after the company said stronger refining margins could add about $4.5 billion to third-quarter results, compared with the prior quarter. In a filing with the Securities and Exchange Commission, Exxon estimated a net $4.4 billion boost from better product margins. That was partly offset by a $1.3 billion hit from lower oil and liquids prices. The company said it saw no volume losses tied to Middle East events. Goldman Sachs analyst Neil Mehta said the filing implied earnings per share near $4.10. That is above the FactSet consensus of about $3.87, but below Goldman's own estimate of $4.33. Exxon will report full results on October 30. The stock has gained 48% this year.