Pricing Analyst
Prinova USA · Carol Stream, IL · 1 mo ago
Marketing$70k–$75k/yrFull-time
Pricing Analyst
Summary: The Pricing Analyst ensures that product cost and price quotes are developed on a timely and accurate basis, and files are updated to ensure proper systems are followed. The position supports the gathering of data through technical skills to support management, as well as allows for analytical decision-making. The Pricing Analyst analyzes financial data and provides forecast projections for accurate, data-driven decision-making. They support management and cross-functional projects for various margin protection initiatives.
- Support new and existing product quotations
- Create and maintain cost quotation templates, tracking gross margin levels and profitability
- Execute the costing model by tracking market shifts and collating raw material requirements
- Develop multi-step and third-party quotations, communicating detailed explanations to Sales
- Maintain quotation files are accurately maintained
- Maintain customer folders and formatted bid templates
- Collate raw material requirements and periodically review with the PMs
- Interpret and accurately report pricing changes on Price Quotes, Customer files, and JDE
- Provide pricing support for business development opportunities
- Aid in monitoring and reporting on product gross margin and margin levels
- Have a good understanding of customer financial performance and Prinova strategy
- Implement strategic pricing models and create pricing recommendations
- Analyze specific blend profitability, raw material shifts, and market trends regularly
- Lead price change implementations by identifying and supporting business development
- Assist with analysis of opportunities, quotes, projects, and other customer financial data
- Evaluate current and previous financial data, recommending appropriate changes
- Create and maintain systems for keeping up on details on multiple projects; provide reminders, administer tasks, communicate between various parties, and create and maintain files on various projects simultaneously
- Show strong attention to detail, careful execution of tasks, and regularly check one's own work before submitting as drafted or completed
- Show strong Microsoft Word and Excel skills; proficient use of formatting, equations, IF functions, V Lookups, and basic macros
- Show general computer aptitude for learning systems like MS tools, DocuWare, Reports Now, and Salesforce.com, with understanding and willingness to use, learn, and report out of the systems specifically for sales orders, manufacturing management, and financial reporting aspects
- Work around a variety of different smells and aromas
- Adjust work schedule as business needs require
Qualifications
- Undergraduate degree from a 4-year college or university in a Business discipline
- Three plus years of related experience and/or training
- Ability to read, understand, format, create, and modify specification documents where necessary
- Proficiently communicate both verbally and via written (email/presentation) format
- Proficiency in basic arithmetic; add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals
- Thorough understanding of unit of measure conversions
- Thorough understanding of critical thinking and data analysis, especially as it relates to finances
- Ability to organize, prioritize, and make data-driven decisions
- Ability to create and maintain systems for keeping up on details on multiple projects; provide reminders, administer tasks, communicate between various parties, and create and maintain files on various projects simultaneously
- Strong attention to detail, careful execution of tasks, and regularly check one's own work before submitting as drafted or completed
- Strong Microsoft Word and Excel skills; proficient use of formatting, equations, IF functions, V Lookups, and basic macros
- General computer aptitude for learning systems like MS tools, DocuWare, Reports Now, and Salesforce.com, with understanding and willingness to use, learn, and report out of the systems specifically for sales orders, manufacturing management, and financial reporting aspects
- Ability to view a computer screen and type for extended hours
- Ability to sit and stand for extended periods of time