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Senior Pricing Analyst

Alsip, IL, USA Req #2973
Tuesday, April 2, 2024

Griffith Foods is a global manufacturer of food products.  We provide a wide range of taste and texture components for food industry customers throughout the world.  Our products include seasoning blends, dry mixes, coating systems, dough blends, crumbs, flavors, sauces and food bases that are used in an extensive variety of application from snack foods and processed meat and poultry to ready meals. Our customers include food processors, restaurant operators and grocery retailers.  While our name may not be familiar to consumers, our products are key components of foods offered by many of the world’s best-known companies.

Location: Hybrid (Alsip & Home)

 

Summary:The Senior Pricing Analyst is responsible for managing and improving the profitability of specific business segments within Griffith Foods in alignment with our company strategy.  The role delivers business analytics and develops recommendations to senior leadership and Sales to guide key business decisions with a direct impact to our company performance and strategy initiatives. Lead analytical support for senior leadership, Sales, and other internal stakeholders to develop and execute value-added pricing strategies and business proposals. Support sales with daily pricing activities with focus on margin improvement; support data analysis and sales reporting. Recommends and develops improvements to the existing pricing process, guidelines, and strategies. Synthesize current business intelligence or trend data to support recommendations for pricing action. Implement long and short-term business and pricing strategies to achieve profit and growth objectives

 

Essential Duties & Responsibilities:

 

  • Develops and executes profitable pricing strategies and business proposals in alignment with our company Purpose and strategy through collaboration with senior leadership, Sales, purchasing, product development, supply chain, and other cross-functional teams.
  • Prepares financial scenario models and proposes pricing options based on value-add, market, and competitive information to drive financial performance
  • Leverages cross functional relationships with Supply Chain and risk management to minimize risk and waste exposure
  • Manages the pricing process within the Griffith Pricing Applications system and Microsoft Dynamics system with full responsibility for all sales analysis and data entry.
  • Responsible for all client related pricing requests, including but not limited to:  Price Lists, Line Item Details, and update/maintenance of clients pricing database.
  • Manages expectations for meeting contribution margin and gross margin targets, and challenges sales to provide rationale on quotes below company guidelines.
  • Provides ad hoc sales information to internal and external customers. 
  • Maintains and executes account profitability analysis and price review process as needed using Protocols system and reports.
  • Maintains cost records for discounts and incentives, provides reporting needed for internal & external clients.
  • Manages Intercompany Pricing Transactions
  • Assists in financial forecasting and fiscal year budgeting process through effective collaboration and communication with Sales and detailed analysis.
  • Supports Client RFI, (Request For Information) and RFP's (Request For Price)
  • Assists in preparing and executing mass price updates within urgent periods as needed.

 

Qualifications:

 

  • Bachelors degree (BA or BS) in finance, business administration, or related field from a four year college or university.
  • Advanced EXCEL usage including but not limited to VLOOKUP, pivot table usage and development, formula development.
  • Minimum Two years related experience.
  • Work independently and manage projects effectively
  • Good written and verbal communication skills.

#LIDNI

EQUAL EMPLOYMENT OPPORTUNITY

Griffith Foods believes that all persons are entitled to equal employment opportunity. Griffith Foods does not discriminate against qualified employees or applicants because of the following actual or perceived  characteristics: race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, breastfeeding or related medical condition, national origin, ancestry, citizenship, age, physical or mental  disability, genetic characteristic or information, AIDS or HIV status, order of protection status, marital status, military or veteran status, unfavorable discharge from military service, or any other status protected by federal, state, or local law. Equal employment opportunity will be extended to all persons in all aspect of the employer-employee relationship, including recruitment, hiring, participation in benefit programs, training, promotion, transfer, discipline, layoff, recall, and termination.

 

In carrying out our commitment to equal employment opportunity, Griffith Foods will make reasonable accommodations for applicants and employees with known disabilities unless doing so would result in an undue hardship, safety, and/or health risk. Applicants and employees requiring reasonable accommodations must notify Human Resources.

Other details

  • Job Family Finance
  • Job Function Administration
  • Pay Type Salary
  • Min Hiring Rate $67,666.00
  • Max Hiring Rate $112,777.00
  • Travel Required No
  • Required Education Bachelor’s Degree
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Location on Google Maps
  • Alsip, IL, USA