Demo

Pricing and Rebate Analyst

Formerra LLC
Romeoville, IL Full Time
POSTED ON 1/27/2025
AVAILABLE BEFORE 4/25/2025

Job Description

Job Description

P osition Overview

The Pricing and Rebate Analyst provides leadership in pricing and drives improvement in gross margins Specialist, Product Pricing & Rebate by providing visibility to all components of the value chain. Their primary focus is the customer and supplier rebate programs. The pricing and rebate analyst works cross-functionally to provide guidance and direction on customer and supplier agreements, as well as margin analysis.

Essential Duties and Responsibilities :

  • Execute and own the customer rebate program, working with sales and management to ensure accruals are accurate and payouts are timely.
  • Account for the customer rebate accruals at a high level to finance monthly.
  • Analyze sales to optimize gross margin target as a percentage of sales, providing feedback to sales and management.
  • Identify gross margin expansion opportunities.
  • Execute supplier rebate program for suppliers assigned, certifying that the rebate accrual is accurate.
  • Approve and suggest pricing though SFDC program ensuring that the quote is profitable as well as competitive.
  • Evaluate costing to ensure that it is correct and process any changes necessary to SAP and sales.
  • Partner with suppliers on costing issues and the supplier rebate programs.
  • Participate and execute month-end activities.
  • Utilize Lean Six Sigma methodology to drive continuous improvement efforts in all aspects of the role.

Education and Experience :

  • Bachelors’ business or related field
  • Pricing experience 3-5 years
  • Margin / Profitability Tracking 3-5 years
  • Finance experience 1-2 years
  • Required Knowledge, Skills, and Attributes :

  • Strong analytical skills required.
  • Ability to prioritize workload, manage multiple tasks, and work independently.
  • Thrives in collaborative, fast-pace, team environment.
  • Strong communication skills and ability to work cross-functionally.
  • Proficiency in Microsoft Office suite (Word, Excel, Outlook, PowerPoint)
  • SDFC / SAP / Tableau experience preferred.
  • Formerra is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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