Financial Planning and Pricing Analyst Position Summary:

The Financial Planning and Pricing Analyst will help manage pricing for Retail and Foodservice accounts, including contract renewals, bid opportunities, price loads and price adjustments to determine competitive pricing strategies to gain market share and achieve revenue goals. They will also analyze data from multiple sources, develop complex pricing models, forecasting and collaborate with sales and marketing teams to develop sales strategies.

Supervisory Responsibilities: None

Duties & Responsibilities:

• Provide analysis and assistance with contract negotiation.
• Regularly evaluate metrics and make recommendations for continuous pricing improvement.
• Analyze competitor pricing and market trends to increase market share and profitability.
• Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.
• Forecast revenue and market share using market trends, costs, profit margins, and sales volumes.
• Collaborate with sales and marketing departments to develop and implement competitive pricing strategies.
• Develop dynamic pricing tools to effectively respond to changing market needs and trends.
• Develop systems and procedures to ensure program gross and net margin goals are attained.
• Analyze pricing data from industry standards, previous sales trends and competitors and report data to decision-makers.
• Manage workflow to expedite pricing, analysis and support activities.
• Create and update pricing lists for accounts and enter into ERP and trade management system.
• Monitor Bid Request Email Box and respond to requests in a timely manner.
• Review and manage program letters for customers.
• Work with Sales and Customer Service on pricing discrepancies.
• Maintain and update all customer portals (Trader Joe’s, Ahold, ITrade, USDA, SQF, Kosher, etc.)
• Performs other related duties as assigned.

Required Skills & Abilities:

• Thorough understanding of pricing practices and procedures, with the ability to train others in related practices and procedures.
• n-depth knowledge of statistical methods and data analysis.
• Advanced ability to present pricing analysis reports to relevant stakeholders.
• Excellent analytical and communication skills.
• Excellent organizational skills and attention to detail.
• Excellent written and verbal communication skills.
• Proficiency in business intelligence (BI) software, such as Sisense and InetSoft Style Intelligence.
• Ability to keep abreast of industry trends and develop dynamic pricing tools.
• Advanced skills in Microsoft Office Suite, spreadsheets and accounting software.
• Ability to type at least 40 words per minute.

Education & Experience:

• A bachelor's degree in mathematics, statistics, finance, economics, business or in a related field is required.
• A minimum of five years' experience as an analyst in a similar industry.
• Extensive experience in analyzing pricing strategies and forecasting revenue and market share.
• Experience in collaborating on pricing strategies with sales and marketing departments.