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Pricing Analyst
Pricing AnalystNovolex • Lake Forest, IL, US
Pricing Analyst

Pricing Analyst

Novolex • Lake Forest, IL, US
6 hours ago
Job type
  • Full-time
Job description

Overview

Why Choose Us?

Novolex is a leader in packaging innovation, choice and sustainability. We manufacture products in paper, plastic and sustainable materials for the food, retail, health and industrial markets.

Compensation and Benefits

  • $70,000 - $90,000 base salary + annual bonus
  • Medical, dental and vision options
  • Wellness rewards to fund your HRA or HSA
  • Paid holidays, time off, parental and other leaves
  • Financial protection benefits such as life, AD&D and disability insurance, and 401(k) Plan with employer matching contributions
  • Education Support (for example, tuition reimbursement, Chairman's Scholarship, 529 College Savings Plan)
  • Broad Based Employee Award Program - value sharing plan for all employees with one year of service
  • Employee Assistance Program and much more!

The range provided is based on cost of living / geography and what we believe is reasonable in the market at the time of posting. This role may be eligible for annual bonus and annual merit increase, as well as long term compensation. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors.

Our Sustainability Commitment

The Novolex sustainability vision is built upon three pillars : our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.

How You\'ll Perform the Role

We are seeking a dedicated and analytical Pricing Analyst to join our team in supporting the Food, Grocery and Retail Business Unit. The Pricing Analyst will play a crucial role in developing effective pricing strategies, analyze financial data, and ensure competitive pricing while maintaining profitability. The ideal candidate will possess strong quantitative skills, financial acumen, and the ability to work harmoniously across departments, including our Commercial Team.

  • Analyze historical financial data, cost structures, and industry trends to provide informed recommendations for pricing decisions.
  • Evaluate the potential effect of pricing changes on overall profitability and the company's financial health.
  • Responsible for deal management, market analytics, competitive data modeling, and developing regional pricing strategies to increase volume and profitability of Food, Grocery and Retail accounts.
  • Partner with sales teams to deliver accurate and compelling pricing information for bids and proposals.
  • Integrate cost components into pricing models to ensure precise pricing calculations.
  • Create financial models to assess the financial impact of various pricing scenarios on volume, revenue, margin, and profitability.
  • Monitor the financial performance of implemented pricing strategies, analyzing actual outcomes against projected results.
  • Ensure the accuracy and integrity of financial and pricing data used in analysis, pricing systems, and decision-making.
  • What We Need From You

  • Bachelor\'s degree in finance, Economics, Business, or a related field. Master\'s degree or relevant certification (CFA, CMA) is advantageous.
  • Proven experience as a Pricing Analyst, Financial Analyst, or a comparable role, preferably within the packaging industry.
  • Demonstrated Analytical mindset whether on the job or education related.
  • Strong technical skills and experience with Excel required. SAP experience preferred.
  • Strong financial acumen, with advanced skills in financial modeling, data analysis, and Excel.
  • Excellent interpersonal and communication skills for productive collaboration with diverse teams.
  • Capacity to manage multiple tasks, prioritize responsibilities, and meet deadlines.
  • Exceptional analytical and problem-solving capabilities.
  • Detail-oriented mindset to ensure precise financial calculations and analyses.
  • What You\'ll Get From Us

    Benefits

    With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance (including Telehealth options) as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

    Community Engagement

    At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

    Training and Development

    We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through Novolex University. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program, and a Learning Management System that supports and enhances employee skills at all levels of the organization.

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