Sr Pricing Analyst

Griffith Foods

1d • $70,000 - $95,000

About The Position

Griffith Foods is the caring, creative product development partner helping food companies meet the evolving needs of consumers while sustaining the planet. As a family business founded in 1919 and headquartered in Alsip, Illinois USA, Griffith Foods is known for true, collaborative innovation guided by their Purpose of “We Blend Care and Creativity to Nourish the World”. The company’s product capabilities range from seasonings and marinades to coating systems and sauces that are better for people and better for the planet. For more information, visit www.griffithfoods.com. 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. Assists in financial forecasting and fiscal year budgeting process through effective collaboration and communication with Sales and detailed analysis. Manages the pricing process within the Griffith Pricing Applications system and Microsoft Dynamics system with full responsibility for all sales analysis and data entry. Provides ad hoc sales information to internal and external customers. Supports Client RFI, (Request for Information) and RFP's (Request for Price) Prepares and executes mass price updates within urgent periods as needed. Maintains and executes account profitability analysis and price review process as needed using Protocols system and reports. Ensures business activities for meeting contribution margin and gross margin targets, and challenges sales to provide rationale on quotes below company guidelines. Participate in customer calls or in person visits to support the commercial team in any pricing related matters. Leverages cross functional relationships with Supply Chain and risk management to minimize risk and waste exposure. Responsible for all client related pricing requests, including but not limited to: Price Lists, Line Item Details, and update/maintenance of clients pricing database. Lead training of new analysts and sales leaders Maintain cost records and provide reports on incentives, rebates, royalty, and brokerage fees. Responsible for maintaining and providing corporate reports. Mentor pricing analysts.

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.
• Assists in financial forecasting and fiscal year budgeting process through effective collaboration and communication with Sales and detailed analysis.
• Manages the pricing process within the Griffith Pricing Applications system and Microsoft Dynamics system with full responsibility for all sales analysis and data entry.
• Provides ad hoc sales information to internal and external customers.
• Supports Client RFI, (Request for Information) and RFP's (Request for Price)
• Prepares and executes mass price updates within urgent periods as needed.
• Maintains and executes account profitability analysis and price review process as needed using Protocols system and reports.
• Ensures business activities for meeting contribution margin and gross margin targets, and challenges sales to provide rationale on quotes below company guidelines.
• Participate in customer calls or in person visits to support the commercial team in any pricing related matters.
• Leverages cross functional relationships with Supply Chain and risk management to minimize risk and waste exposure.
• Responsible for all client related pricing requests, including but not limited to: Price Lists, Line Item Details, and update/maintenance of clients pricing database.
• Lead training of new analysts and sales leaders
• Maintain cost records and provide reports on incentives, rebates, royalty, and brokerage fees.
• Responsible for maintaining and providing corporate reports.
• Mentor pricing analysts.

Benefits

• Benefits for this role include Medical, Rx, Dental, Vision, Flexible Spending & Health Savings Accounts, EAP, Health Advocacy, Financial Planning, Parental Leave, Care.com, Adoption & Surrogacy Assistance, Education Assistance/Tuition Reimbursement, Safety Reimbursement, Lifestyle Spending Account, Group Life & AD&D, Voluntary Life Insurance, Short Term & Long Term Disability, 401(k) Plan with Company Match, ESOP, PTO, Holiday’s & Leaves, Accident Insurance, Critical Illness Insurance, Hospital Indemnity, Home & Auto Insurance, Pet Insurance, Identity Theft Protection, Long Term Care + Life Insurance & Legal Assistance.
• There is also potential for a discretionary bonus, this bonus is based on personal & company performance and is not a guaranteed bonus plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees