Pricing Analyst

2 weeks ago

Irving, Texas, United States LSG Sky Chefs Full time
About LSG Sky Chefs

LSG Sky Chefs is a leading provider of airline catering and hospitality services, renowned for its exceptional reputation and innovative approach in the industry. As a trusted partner to airlines and their passengers, we strive for excellence and innovation, driven by the dedication and expertise of our talented employees. Our team members are the backbone of our success, consistently delivering outstanding culinary experiences and exceptional service to our clients and their passengers across North and Latin America.

Role Purpose Statement

The ideal candidate will support the Pricing Manager in managing and executing transactional pricing for key airline accounts, ensuring revenue growth and profitability.

Main Responsibilities
  • Develop detailed revenue impact analyses and marginal contribution assessments on revenue and labor for all pricing activities, providing actionable insights to inform business decisions.
  • Assist the manager in forecasting revenue and food cost projections during the annual budgeting process, ensuring accurate and reliable financial data.
  • Evaluate and audit labor standards established by Industrial Engineering to ensure accuracy and efficiency, identifying areas for improvement.
  • Create and audit cost sheets, validating the revenue impact of any changes, and ensuring compliance with company policies.
  • Generate ad hoc analyses as requested by Sales and Services, the Pricing Manager, Program Management, customers, and CSC, providing timely and accurate information.
  • Investigate and provide insights on pricing and revenue opportunities in response to inquiries from CSCs, driving revenue growth and profitability.
  • Serve as a key resource for Sales and Services on revenue analysis for new business prospects, ensuring a competitive edge in the market.
  • Conduct comprehensive pricing and revenue audits to ensure financial integrity, identifying areas for improvement and implementing corrective actions.
  • Collaborate with the Center of Excellence (COE) and Credit/Collections Department to address billing and accounts payable issues, ensuring seamless financial operations.
  • Support the Pricing Manager with all pricing functions, including price adjustments, food cost updates, and bid analyses, ensuring accurate and reliable financial data.
  • Liaise with Procurement and Program Management to manage and optimize food costs, driving revenue growth and profitability.
  • Participate in menu presentations and customer meetings to provide pricing and financial insights, ensuring a competitive edge in the market.
  • Conduct product yield studies as needed to ensure accurate menu costing, identifying areas for improvement and implementing corrective actions.
Requirements
  • Bachelor's degree in Business or a related field is required.
  • A minimum of three to five years of experience in costing or pricing, or equivalent knowledge.
  • Strong analytical skills with a proven ability to interpret complex data, providing actionable insights to inform business decisions.
  • Excellent organizational, interpersonal, and communication skills, ensuring seamless collaboration with cross-functional teams.
  • Proficiency in Microsoft Office and Windows-based applications, with advanced Excel skills essential for data analysis and financial modeling.
  • Must be willing and able to travel up to 25%, with flexibility to adapt to changing business needs.
  • Must be experienced in Excel, with a strong understanding of financial modeling and data analysis.
  • Position is located in Texas, with the candidate expected to be willing to relocate or live in the DFW metroplex Area.
  • Hybrid position with 4 days in Office and 1 day Work from home, ensuring flexibility and work-life balance.

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