Business Analyst - Pricing

at  Griffith Foods

GRIFFITH FOODS

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.

POSITION SUMMARY:

We have an exciting opportunity for experienced and skilled business analysts to join our finance team. Reporting to the Profitability and Pricing Manager, the Business Analyst – Pricing is responsible for managing and improving the profitability of specific business segments within Griffith Foods in alignment with our company strategy. The role delivers business analytics and develops recommendations to senior leadership and Sales to guide key business decisions with a direct impact to our company performance and strategy initiatives.

QUALIFICATIONS:

• Bachelor’s degree (BA or BS) in Finance, Accounting, Business Administration from a four-year college or university.
• 2+ years of experience in Pricing/costing model building, sales and profitability tracking/reporting, forecasting/budgeting, and variance analysis; in the food manufacturing industry is highly preferred.
• Advanced proficiency in Microsoft Excel is required including but not limited to VLOOKUP, pivot table usage and development, complex formula development, and Power BI.
• Experience with Microsoft D365 is preferred.

• Lead analytical support for senior leadership, Sales, and other internal stakeholders to develop and execute value-added pricing strategies and business proposals.
• Support sales with pricing activities focused on margin improvement, business analytics and sales reporting. Synthesize current business intelligence or trend data to support recommendations for pricing action. Recommends and develops improvements to the existing pricing process, guidelines, and strategies.
• 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.
• Complete and executes account profitability analysis and price review process as per schedule to maintain or improve profitability of our key accounts. In addition, provide supporting documents and complete customer templates as required to support price changes.
• Assists in financial forecasting and fiscal year budgeting process through effective collaboration and communication with Sales, and detailed analysis.
• Ensures new business activities achieve contribution margin and gross margin targets, and challenges sales to provide rationale on quotes below company guidelines.
• Manages the pricing process within the Griffith Pricing Applications system and Microsoft D365 system with full responsibility for all sales analysis and data entry.
• Provides ad hoc sales information to internal and external customers.
• Assist in completion of monthly reports as required.
• Supports Client RFI, (Request for Information) and RFP’s (Request for Price).
• Assists in preparing and executing mass price changes within urgent time frames as needed.