Pricing Analyst

Unlock your potential with Prinova We are Prinova, a leading global supplier of ingredients and premix manufacturing solutions, and trusted by the world’s best-known food, beverage, and nutrition brands. Part of the NAGASE Group, our expertise lies in Ingredient Distribution, Manufacturing Solutions, and Customized Services. Our global network of colleagues, located in offices and manufacturing facilities around the world, deliver sustainable value-added solutions to our customers. We are recognized for our deep expertise, commitment to excellence, and bold innovation, which have earned us a strong reputation as a trusted industry leader. Wherever your career is headed, you’ll find direction, opportunity, and belonging with us. Pricing Analyst Department: General & Admin, Solutions Location: Carol Stream, IL Type: Full-time 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 will support the gathering of data through technical skills to support management, as well as allow for analytical decision-making. The Pricing Analyst will analyze financial data and provide forecast projections for accurate, data-driven decision-making. They will support management as well as cross-functional projects for various margin protection initiatives. Essential Duties and Responsibilities include the following, but are not limited to: Support new and existing product quotationsCreate and maintain cost quotation templates, tracking gross margin levels and profitabilityExecute the costing model by tracking market shifts and collating raw material requirementsDevelop multi-step and third-party quotations, communicating detailed explanations to SalesSupport large customer RFP, Bids, and various quotation activitiesEnsure quotation files are accurately maintainedMaintain customer folders and formatted bid templatesCollate raw material requirements and periodically review with the PMsInterpret and accurately report pricing changes on Price Quotes, Customer files, and JDEProvide pricing support for business development opportunitiesAssist with cost, profitability, and efficiency analysisMonitor and report on product gross margin and margin levelsHave a good understanding of customer financial performance and Prinova strategyImplement strategic pricing models and create pricing recommendationsAnalyze specific blend profitability, raw material shifts, and market trends regularlyLead price change implementations by identifying and supporting business developmentSupport Salesforce, JDE use, and reportingAssist with analysis of opportunities, quotes, projects, and other customer financial dataEvaluate current and previous financial data, recommending appropriate changesProvide standard and custom reporting, ensuring all records and assumptions are up to dateUnderstand and partner with sales and finance on Prinova Solutions financial strategiesOther duties may be assigned Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Required Education and/or Experience: Undergraduate degree from a 4-year college or university in a Business disciplineOr three plus years of related experience and/or training Required Skills/Abilities: Ability to read, understand, format, create, and modify specification documents where necessaryProficiently communicate both verbally and via written (email/presentation) formatProficiency in basic arithmetic; add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimalsAbility to compute rate, ratio, and percent. Thorough understanding of unit of measure conversionsAbility to make educated judgments on the correctness, accuracy, and appropriateness of informationBasic understanding of critical thinking and data analysis, especially as it relates to financesAbility to organize, prioritize, and make data-driven decisionsCreate 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 simultaneouslyDemonstrate strong attention to detail, careful execution of tasks, and regularly check one's own work before submitting as drafted or completedStrong Microsoft Word and Excel skills; proficient use of formatting, equations, IF functions, V Lookups, and basic macrosGeneral 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 Conditions & Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Ability to lift up to 10 lbs.Work environment is normally in an office setting. Must be able to make frequent rounds in a warehouse environmentAbility to view a computer screen and type for extended hoursAbility to sit and stand for extended periods of timeOther physical requirements include moderate standing and occasional squatting, bending, and twistingAbility to work around a variety of different smells and aromasAbility to adjust work schedule as business needs require. Quality/Safety Responsibilities: All Prinova employees are required to ensure compliance standards with food safety, food defense, and food quality (FDA, ILDPH, FSMA, and BRC). It is the responsibility of each employee to comply with occupational safety and health standards issued under OSHA and to follow all rules, regulations, and procedures established by the Company to ensure that their actions do not impact the health and safety of themselves or others. What’s in it for you? Competitive Pay – $70,000 - $75,000 annually Experience, education, geographic location and shift all taken into consideration. Benefits: Medical, Dental, Vision Employer paid STD and LTDHSA and FSAPaid Maternity and Paternity LeavePTOEmployer paid Basic Life Insurance401(k) & Roth with employer matchEight Paid Holidays + 3 Floating HolidaysVoluntary - Critical Illness, Hospital Indemnity, AccidentPersonal growth including training and development opportunities Disclaimer: Prinova is committed to providing equal opportunities without regard to race, color, religion, sex, pregnancy, creed, national origin, age, physical or mental disability, protected medical condition, medical leave, marital status, citizenship status, ancestry, veteran or military status, sexual orientation, genetic information, domestic violence victim status, Civil Air Patrol status, or any other characteristic or group status protected under applicable law.