Senior Business Analyst - Finance
Alsip, IL 60803 - Griffith Foods Headquarters, One Griffith Center, Alsip, Illinois, United States of America Req #3619
Tuesday, February 18, 2025
Griffith Foods is a global manufacturer of food products. We provide a wide range of taste and texture components for food industry customers throughout the world. Our products include seasoning blends, dry mixes, coating systems, dough blends, crumbs, flavors, sauces and food bases that are used in an extensive variety of application from snack foods and processed meat and poultry to ready meals. Our customers include food processors, restaurant operators and grocery retailers. While our name may not be familiar to consumers, our products are key components of foods offered by many of the world's best-known companies.
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Location: Hybrid (Alsip & Home)
Summary: The Senior Pricing Analyst is responsible for managing and improving the profitability of specific business segments within Griffith Foods in alignment with our company strategy. The role delivers complex business analytics and leads the development of recommendations to senior leadership and Sales to guide key business decisions with a direct impact to our company performance and strategy initiatives. Support sales with pricing activities with a focus on margin improvement; business analytics and sales reporting. Recommend and develop improvements to the existing pricing process, guidelines, and strategies. Synthesize current business intelligence or trend data to support recommendations for pricing action. Implement long and short-term business and pricing strategies to achieve profit and growth objectives. Lead analysis for senior leadership, Sales, and other internal stakeholders to develop and execute value-added pricing strategies and business proposals. Responsible for providing reports on incentives and global corporate reporting.
Essential Duties & Responsibilities:
- Develops and executes profitable pricing strategies and business proposals in alignment with our company Purpose and strategy through collaboration with senior leadership, Sales, purchasing, product development, supply chain, and other cross-functional teams.
- Prepares financial scenario models and proposes pricing options based on value-add, market, and competitive information to drive financial performance.
- Assists in financial forecasting and fiscal year budgeting process through effective collaboration and communication with Sales and detailed analysis.
- Manages the pricing process within the Griffith Pricing Applications system and Microsoft Dynamics system with full responsibility for all sales analysis and data entry.
- Provides ad hoc sales information to internal and external customers.
- Supports Client RFI, (Request for Information) and RFP's (Request for Price)
- Prepares and executes mass price updates within urgent periods as needed.
- Maintains and executes account profitability analysis and price review process as needed using Protocols system and reports.
- Ensures business activities for meeting contribution margin and gross margin targets, and challenges sales to provide rationale on quotes below company guidelines.
- Participate in customer calls or in person visits to support the commercial team in any pricing related matters.
- Leverages cross functional relationships with Supply Chain and risk management to minimize risk and waste exposure.
- Responsible for all client-related pricing requests, including but not limited to: Price Lists, Line Item Details, and update/maintenance of clients pricing database.
- Lead training of new analysts and sales leaders
- Maintain cost records and provide reports on incentives, rebates, royalty, and brokerage fees.
- Responsible for maintaining and providing corporate reports.
- Mentor pricing analysts.
Qualifications:
- Bachelor's degree in Finance, Business Administration, or related field from a four-year college or university.
- Minimum 3 years related experience.
- Work independently and manage projects effectively.
- Strong oral and written communication skills and the ability to communicate effectively with all levels of personnel.
- Excellent organization skills and attention to detail, plus ability to manage multiple priorities and complete tasks with minimal supervision.
- Advanced EXCEL usage including but not limited to VLOOKUP, pivot table usage and development, formula development.
Benefits:
Benefits for this role include Medical, Rx, Dental, Vision, Flexible Spending & Health Savings Accounts, EAP, Health Advocacy, Financial Planning, Parental Leave, Care.com, Adoption & Surrogacy Assistance, Education Assistance/Tuition Reimbursement, Safety Reimbursement, Lifestyle Spending Account, Group Life & AD&D, Voluntary Life Insurance, Short Term & Long Term Disability, 401(k) Plan with Company Match, ESOP, PTO, Holiday's & Leaves, Accident Insurance, Critical Illness Insurance, Hospital Indemnity, Home & Auto Insurance, Pet Insurance, Identity Theft Protection, Long Term Care + Life Insurance & Legal Assistance. There is also a potential for a discretionary bonus, this bonus is based on personal & company performance and is not a guaranteed bonus plan.
LI#DNI
EQUAL EMPLOYMENT OPPORTUNITY
Griffith Foods believes that all persons are entitled to equal employment opportunity. Griffith Foods does not discriminate against qualified employees or applicants because of the following actual or perceived characteristics: race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, breastfeeding or related medical condition, national origin, ancestry, citizenship, age, physical or mental disability, genetic characteristic or information, AIDS or HIV status, order of protection status, marital status, military or veteran status, unfavorable discharge from military service, or any other status protected by federal, state, or local law. Equal employment opportunity will be extended to all persons in all aspect of the employer-employee relationship, including recruitment, hiring, participation in benefit programs, training, promotion, transfer, discipline, layoff, recall, and termination.
In carrying out our commitment to equal employment opportunity, Griffith Foods will make reasonable accommodations for applicants and employees with known disabilities unless doing so would result in an undue hardship, safety, and/or health risk. Applicants and employees requiring reasonable accommodations must notify Human Resources.
Other details
- Job Family Finance
- Job Function Administration
- Pay Type Salary
- Min Hiring Rate $70,000.00
- Max Hiring Rate $90,000.00
- Travel Required No
- Required Education Bachelor's Degree