Pricing Analyst
QuestSpecialty•Brenham, TX
•Onsite
About The Position
The Pricing Analyst in a chemical manufacturing environment is responsible for developing and executing pricing strategies for chemical products based on raw material costs, market demand, regulatory factors, and competitive positioning. This role plays a critical part in protecting margins while ensuring pricing aligns with customer contracts and market conditions.
Requirements
- Bachelors degree in supply chain, finance, business, engineering or a related field
- Understanding of cost accounting and margin analysis
- Experience working within in an ERP system
- Proficiency in Microsoft Office Suite
- Attention to detail and accuracy.
- Strong communication skills
- Ability to manage multiple priorities
Responsibilities
- Collaborate with Operations and Procurement to develop and maintain accurate standard product costs, including raw materials, labor, overhead, and packaging.
- Provide pricing for products based upon standard profit margin ranges, obtaining approval from the President for deviations outside of that range.
- Update product costs based on fluctuations in raw material costs and supply chain inputs.
- Complete costing for new product development and reformulations.
- Work with executive management to maintain pricing models that achieve targeted gross margin and contribution margin objectives.
- Analyze product-level profitability based on actual production and sales data.
- Support Finance with budgeting, forecasting, and margin analysis.
- Maintain pricing and costing data within ERP and pricing systems.
- Ensure compliance with regulatory and contractual pricing requirements.
- Other duties as assigned
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
