What are the responsibilities and job description for the Pricing Analyst position at Foster USA?
The Pricing/Margin Analyst is someone that is very detailed, keeps an organized process, loves data and likes to contribute significantly to the financial health of the organization. Detective work comes natural, seeking solutions, being inquisitive, collecting information and putting it all together to create positive results. While it would be great to have these skills with a food/produce background, individuals with an accounting background, inventory background or analytics processing background could find success in this role. Extensive time will be spent setting pricing and creating margin, so solid PC skills and database/software understanding are a must.
General Summary:
In this role you will be a critical contributor in our food distribution process by ensuring all product is properly priced, customer pricing contracts are complied with, and our margin expectations are exceeded. You will execute all pricing, price related reporting, price/margin related analytics to ensure we maximize the value of our product and services.
What You’ll Do:
- Have fun and be a part of making Foster-Caviness amazing!!!
- Execute all pricing for all local contract, national contract, third party, and independent customer partners.
- Coordinate and ensure contract compliance with contracted pricing commitments.
- Analyze, review, and communicate margin opportunities with sales and purchasing.
- Review market alerts and comparisons to effectively identify any margin opportunities.
- Ensure pricing is accurate and distribute to appropriate third parties and customer partners in a timely fashion.
- Identify customer needs/requests and satisfy them profitably.
- Update and maintain all customer bids.
- Identify margin trends with customers and effectively identify and address any margin opportunities.
- Clarify any discrepancies as they arise and adjust in a timely manner to avoid further issues.
- Partner with sales to assist in facilitate bid, RFP's, and capitalize on new contracted sales opportunities with pricing strategy.
- Develop and implement pricing processes and protocols to ensure continued functional excellence.
What You’ll Bring to the Table:
- A sincere passion for positively impacting people and making work, fun (this is first on the list for a reason!)
- Insightful, meaningful, relevant talent coupled with analytics, reporting, and mathematical experience.
- Strong attention to detail and a passion for excellence.
- Desire to assess situations, determine a course of action, and relay that opinion based on facts.