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Pricing/Cost Analyst

3 months ago

Norcross, United States Novolex Full time
Why Choose Us?

Novolex 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.

  • Medical, dental and vision options

  • Wellness rewards to fund your HRA or HSA
  • Paid holidays, time off, parental and other leaves
  • Financial protection benefits such as life, AD&D and disability insurance, and 401(k) Plan with employer matching contributions
  • Education Support (for example, tuition reimbursement, Chairman's Scholarship, 529 College Savings Plan)
  • Broad Based Employee Award Program-value sharing plan for all employees with one year of service
  • Employee Assistance Program and much more
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's primary responsibility is to establish and maintain product pricing that will meet both volume and profit objectives. They will manage larger scale analytical projects associated with product line performance, customer pricing/impact analysis, and competitive RFP bids. They will utilize technology and information to formulate price quotations for a given market in a responsive and competitive manner. They will work closely will sales reps and sales management in developing and executing pricing strategy. In addition, the Pricing Analyst will analyze/assess performance of our pricing strategy and recommend actions to meet and exceed financial goals. This role works cross-functionally with Customer Service, Sales/Brokers, Pre-production/Graphics, Manufacturing, Product/Market Development teams.

Key Duties & Responsibilities:

  • 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 RFI's & RFP's for retail, distributor, food service, supermarket, club store, public (government) accounts.
  • Evaluate customer/bundle profitability
  • Evaluate and maintain market price integrity while understanding the competitive environment..
  • Understand raw material markets and resulting internal cost implications.
  • 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.
  • Work closely with Legal Department to build customer contracts with relevant commercial terms.
  • Track and evaluate quote activity and win/loss analytics
  • Pricing contract renewals
  • Price increase evaluations and execution
  • Special projects as assigned by manager.
What We Need From You
  • Four year college degree in Engineering, Technology, Business, Finance or Accounting or a minimum of an additional 5 years of relevant work experience
  • 3+ years of experience in a manufacturing company preferred
  • 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 and 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.

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