Pricing Analyst

Canada, Canada

Job Description


Why Choose Us?

Novolex\xc2\xae is a leader in packaging innovation, choice and sustainability. We manufacture products in paper, plastic and sustainable materials for the food, retail, health and industrial markets.

Our Sustainability Commitment

The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives. How You\'ll Perform the Role

The Pricing Analyst\xe2\x80\x99s primary responsibility is to establish and maintain product pricing that will meet both volume and profit objectives.

  • Determine price based on market pricing knowledge, internal benchmark price comparisons and profitability analysis. This includes, cost preparation using various costing models and researching costing issues and discrepancies.
  • Responsible for thorough cost preparation of all bids, internet auctions and Request For Information (RFI) & Request for Proposals (RFP) for retail, distributor, food service, food packaging/processors, supermarket, club store, public (government) accounts.
  • Evaluate customer/bundle profitability
  • Critically analyze customer potential and strategic importance, production and distribution costs as well as the corporate impact of the profit/loss volume trade-off.
  • Evaluate and maintain market price integrity while understanding the competitive environment. Openly communicate with Sales and Marketing on a constant basis, ask probative questions to ensure all decisions are based upon accurate market intelligence. Gather information on competitors and competitive pricing activity.
  • Understand raw material markets and resulting internal cost implications. Determine the impact of raw material increases to customer base.
  • Monitor customer freight/fuel expenses and revise pricing when necessary.
  • Cost Model Maintenance: Maintain costs, machine speeds, waste and all other cost factors in the Pricing Model. Update annually with new budget numbers and adjust as directed by Finance when inconsistencies are identified.
  • Gain a thorough knowledge of the ERP system, product line, manufacturing capabilities and secondary processes.
  • Work with Sourcing or Operations on acquiring costs for non-standard raw material, specific outsourced operations, outsourced products or tooling costs.
  • May advise Cost Accounting of new item description, raw material cost and vendor to be set up in ERP System when a quote becomes an order with a non-standard material.
  • Work closely with Legal Department to build customer contracts with relevant commercial data \xe2\x80\x93 evaluate/revise language regarding price escalation/de-escalation, rebates/incentives and floor stocking/inventory requirements.
  • Track and evaluate quote activity and win/loss analytics
  • Create and manage customer inventory (floor stocking) agreements
What We Need From You
  • Four year college degree in Engineering, Technology, Business, Finance or Accounting or a minimum of 5 years of relevant work experience
  • Upwards of 3 years of experience preferred (preferably in a manufacturing company.
  • Must have strong mathematical and analytical skills. Must be able to calculate, understand and effectively interpret relevant financial data.
  • Must be very proficient in Microsoft Excel & have a good working knowledge of Microsoft Access, Word, Outlook and PowerPoint.
  • Must have a strong work ethic and drive to achieve established goals and deadlines, with a desire for, and commitment to learning and growth
  • Must be organized, efficient, detail oriented, accurate and have the ability to prioritize and work under pressure. Must be able to handle multiple tasks at once.
  • Must have good oral and written communication skills. Must be an intent listener.
  • Must be able to make independent fact-based decisions in a quick and responsive manner.
What You\'ll Get From Us

Benefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance (including Telehealth options) as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

Community Engagement

At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

Training and Development

We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through Novolex University. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program, and a Learning Management System that supports and enhances employee skills at all levels of the organization.

Novolex

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Job Detail

  • Job Id
    JD2241129
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Canada, Canada
  • Education
    Not mentioned