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Business Analyst

Ascent Industries Co
Schaumburg, IL Full Time
POSTED ON 1/22/2025
AVAILABLE BEFORE 4/22/2025

Job Description

Job Description

About Ascent

Ascent Industries is a partnership of industrial manufacturing companies pursuing innovation and growth. For over 75 years we’ve experienced growth across the tubular and specialty chemicals industries through continuous investment in our production processes and thoughtful acquisitions. Our rich history and breadth of expertise enable us to provide unique, customized solutions for our customers.

We believe in delivering best-in-class solutions which require living out our values daily and hiring the types of people who will strengthen our brand.

We value the PEOPLE we interact with internally and externally.

We believe in TRANSPARENCY in communication as a foundation of healthy relationships.

We believe it is imperative to protect the HEALTHY & SAFETY of our people.

We value high PERFORMANCE across all areas of our business including financial, operational, and team collaboration.

We believe that RELIABILITY is necessary to consistently deliver on our promises to our customers and each other.

We are proud of our team who do what is right to build products that will last. Take time to learn more about us today at : https : / / www.ascentchem.com

Job Title : Business Analyst

Location : Schaumburg, IL

Job Type : Full-Time

About Ascent Industries Co.

Ascent Industries Co. is a partnership of industrial manufacturing companies obsessively pursuing innovation and growth. Committed to innovation, sustainability, and excellence, we’re on a mission to build the most efficient industrial manufacturing companies in the world. We are looking for a dynamic and experienced Chemical Pricing Analyst to join our team and drive strategic pricing initiatives that support our growth and operational efficiency.

The Contribution You'll Bring to this Role :

The Business Analyst will be responsible for developing and implementing pricing strategies that maximize profitability while maintaining competitive advantage. The ideal candidate will have 3 to 5 years of experience in pricing analysis, exceptional proficiency in Excel, and a strategic mindset to enhance our pricing structure. This role requires a blend of analytical skills, strategic thinking, and tactical resourcefulness.

Key Responsibilities :

  • Develop and execute pricing strategies to align with company goals and market conditions.
  • Analyze market trends, competitor pricing, and cost data to provide actionable insights.
  • Aggregate, analyze, and optimize data to support the Demand Forecasting process, ensuring accuracy and alignment with business goals.
  • Create and maintain complex Excel models, including pivot tables, Power Pivot, macros, and queries, to support pricing decisions.
  • Design and implement pricing structures and frameworks to streamline processes and improve accuracy.
  • Drive the automation and development of dynamic, user-friendly dashboards in Power BI to streamline Sales and Operations performance reporting.
  • Collaborate with cross-functional teams including sales, marketing, and finance to ensure pricing strategies are effectively communicated and executed.
  • Monitor and report on pricing performance, identifying opportunities for adjustments and improvements.
  • Conduct ad-hoc analyses and provide recommendations to senior management based on findings.

Qualifications :

  • Bachelor’s degree in Finance, Economics, Business, or a related field. Advanced degree or certification in pricing or analytics is a plus.
  • 3 to 5 years of experience as a Business Analyst, preferably in the chemical or manufacturing industry.
  • Expertise in Excel, including advanced features such as pivot tables, Power Pivot, macros, and queries.
  • Strong analytical skills with the ability to interpret complex data and develop actionable strategies.
  • Demonstrated experience in creating and implementing structured pricing frameworks.
  • Excellent communication and interpersonal skills with the ability to collaborate effectively with various teams.
  • Strategic and tactical mindset with the ability to adapt to changing market conditions and business needs.
  • Detail-oriented with strong problem-solving abilities and resourcefulness.
  • Preferred Skills :

  • Familiarity with pricing software and ERP systems.
  • Experience with statistical analysis and forecasting techniques.
  • Knowledge of industry-specific regulations and standards.
  • What We Offer :

  • Competitive salary and benefits package.
  • Opportunities for professional growth and development.
  • A collaborative and innovative work environment.
  • Disclaimer : The list of requirements, duties and responsibilities is not exhaustive, but merely the most accurate list for the current job. Management reserves the right to revise the job description and to require that other tasks be performed when the circumstances of the job change.

    Ascent Industries is an equal opportunity employer. Ascent does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

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