What are the responsibilities and job description for the Financial Analyst position at Icon Protection?
GENERAL SUMMARY OF POSITION:
The Financial Analyst I - Pricing is responsible for coordinating the execution of market facing pricing. This position requires strong analytical skills and business acumen. The role will be responsible for reviewing, analyzing, and modifying pricing with heavy interaction with the sales team. This individual will work cross functionally to identify current pricing procedures, clarify, and execute pricing objectives.
CORE & ESSENTIAL FUNCTIONS:
- Maintain customer price sheets/quotes within ERP systems including customer notification windows
- Manage the integrity of the organization’s pricing framework ensuring continuity between ERP systems
- Maintain accurate records of historical price increases including basis of justification
- Assist in the implementation of a unified pricing structure across Icon Protection addressing competitive crossover, profit leaks, pricing disparities, and channel specific requirements
- Collaborate with Sales Operations Manager to plan and coordinate the execution of pricing plans that increase price realization and align timing to market for key customer accounts
- Support pricing realization efforts with major customers by assisting in the completion of the standard customer requested pricing and line review templates
- Analyze the financial performance of discounts, rebates, and promotional campaigns to determine ROI and recommend future adjustments
- Collaborate with finance leadership to implement and monitor price fluctuation impact against gross margin targets by product line amongst varying sales channels
- Create financial models to analyze pricing scenarios and their impact on revenue and margin
- Provide expertise and guidance to sales and marketing teams with respect to customer pricing initiatives including new item quotations, discounts, and promotional opportunities
- Establish review cadence to monitor key market indices and key account pricing providing proactive insight and recommendations to defend product margins
- Conduct customer/product profitability analysis
- Assist in deployment of new ERP systems by instituting best practices in pricing record maintenance and quotation development
- Additional duties and responsibilities as assigned
KNOWLEDGE AND SKILL REQUIREMENTS:
- College degree in accounting, finance, business, or equivalent required
- 1 year of experience in an accounting, pricing, business analytic, and/or finance role required
- 2 years of experience in business, accounting, and/or finance experience preferred
- Demonstrated strong aptitude for problem-solving, documentation skills, research and resolution skills, data analysis and multi-tasking
- Must possess excellent verbal and written communication skills
- Proficiency in using Microsoft Office Suite applications
- Proficiency in ERP and Business Intelligence tools (i.e. SAP, QlikSense, Microsoft BI, etc.)
- Must be strategic and results-oriented
- Must be able to work both independently and in a team environment
- Ability to manage competing priorities and deliver first-time quality product within deadlines
- Must be self-motivated
- Ability to present and communicate at all business levels from Executive Team to entry level
- Ability to travel up to 10% of time
EQUAL OPPORTUNITY EMPLOYER:
Icon Protection, Inc. is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, ancestry, military status, protected veteran status, marital status, gender identity or expression, transgender status, citizenship, sexual orientation, age, disability, or any other legally protected characteristic under applicable law.
Icon Protection, Inc. is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with Icon, please send an e-mail to hr@iconprotection.com to let us know the nature of your accommodation request and your contact information.