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Pricing Analyst

4 weeks ago

Florence, Colorado, United States Novolex Full time
Job Summary

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.

Key Responsibilities
  • Establish and maintain product pricing that meets volume and profit objectives.
  • Manage larger-scale analytical projects associated with product line performance, customer pricing/impact analysis, and competitive RFP bids.
  • Prepare cost models and price quotations based on market pricing knowledge and margin evaluation.
  • Responsible for thorough cost preparation of all bids, quote requests, internet auctions, and RFI's & RFP's for major retail, distributor, food service, supermarkets, clubs, commercial, and inter-company customers.
  • Secure quotes from other Novolex Business Units.
  • Maintain costs, machine speeds, waste, ink yields, bag weights, 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.
  • 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 pricing data - evaluate/revise language regarding price escalation/de-escalation.
  • Monitor customer freight/fuel expenses and revise pricing when necessary.


Requirements
  • 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 printing/manufacturing environment).
  • Must have strong mathematical and analytical skills.
  • Must be familiar with personal computers and have a good working knowledge of Microsoft Word & Excel.


What 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.
  • Constant opportunities for advancement through skills development, advanced education programs, training, and development programs.