Pricing Analyst

NovolexLake Forest, IL
10d$70,000 - $90,000

About The Position

Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries, including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Our innovative product portfolio is designed to meet the diverse needs of businesses worldwide and the millions of customers they serve. Through continuous investment in research and development, we are committed to engineering more sustainable choices for the future. Our extensive manufacturing network spans North America and Europe, including two world-class plastic film recycling centers. Discover more about Novolex, our 20,000+ family members and our commitment to innovation and sustainability at www.novolex.com . (Pactiv Evergreen is now a part of Novolex.) Our Social Responsibility platform features a robust, employee-led Give Back program, which includes a matching gifts plan, community grants initiative, and our annual Company-wide Month of Action campaign. With each of these initiatives, our employees are empowered and equipped to give back to their communities and support the non-profits important to them and their families. Through our Give Back program, we own our commitment to Social Responsibility and live our purpose of Packaging a Better Future. We are seeking a dedicated and analytical Pricing Analyst to join our team in supporting the Food, Grocery and Retail Business Unit. The Pricing Analyst will play a crucial role in developing effective pricing strategies, analyze financial data, and ensure competitive pricing while maintaining profitability. The ideal candidate will possess strong quantitative skills, financial acumen, and the ability to work harmoniously across departments, including our Commercial Team.

Requirements

  • Bachelor s degree in finance, Economics, Business, or a related field.
  • Proven experience as a Pricing Analyst, Financial Analyst, or a comparable role, preferably within the packaging industry.
  • Demonstrated Analytical mindset whether on the job or education related.
  • Strong technical skills and experience with Excel required.
  • Strong financial acumen, with advanced skills in financial modeling, data analysis, and Excel.
  • Excellent interpersonal and communication skills for productive collaboration with diverse teams.
  • Capacity to manage multiple tasks, prioritize responsibilities, and meet deadlines.
  • Exceptional analytical and problem-solving capabilities.
  • Detail-oriented mindset to ensure precise financial calculations and analyses.

Nice To Haves

  • Master's degree or relevant certification (CFA, CMA) is advantageous.
  • SAP experience preferred.

Responsibilities

  • Analyze historical financial data, cost structures, and industry trends to provide informed recommendations for pricing decisions.
  • Evaluate the potential effect of pricing changes on overall profitability and the company's financial health.
  • Responsible for deal management, market analytics, competitive data modeling, and developing regional pricing strategies to increase volume and profitability of Food, Grocery and Retail accounts.
  • Partner with sales teams to deliver accurate and compelling pricing information for bids and proposals.
  • Integrate cost components into pricing models to ensure precise pricing calculations.
  • Create financial models to assess the financial impact of various pricing scenarios on volume, revenue, margin, and profitability.
  • Monitor the financial performance of implemented pricing strategies, analyzing actual outcomes against projected results.
  • Ensure the accuracy and integrity of financial and pricing data used in analysis, pricing systems, and decision-making.
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