What are the responsibilities and job description for the PRICING ANALYST position at mccormickt2.valhalla.stage?
McCormick & Company, Inc., a global leader in the spice, flavor, and seasonings industry, is seeking a full-time Pricing Analyst. This new hire will work at the FONA Headquarters, located in Geneva, IL. The Pricing Analyst will report to a Finance Director, Global Commercial Pricing.
McCormick & Company, Incorporated is a global leader in flavor. With over $6 billion in annual sales across 170 countries and territories, we manufacture, market and distribute spices, seasoning mixes, condiments and other flavorful products to the entire food industry including e-commerce channels, grocery, food manufacturers and foodservice businesses. Our most popular brands with trademark registrations include McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick.
Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is guided by our principles and committed to our Purpose – To Stand Together for the Future of Flavor. McCormick envisions A World United by Flavor where healthy, sustainable and delicious go hand in hand. To learn more, visit www.mccormickcorporation.com or follow McCormick & Company on Twitter, Instagram and LinkedIn.
POSITION OVERVIEW
The Pricing Analyst is responsible for creating pricing for new items and reviewing prices and costs for existing items and customers. This position is also responsible for communicating with the Sales Team, Procurement, and Product Development on the drivers of changing costs and pricing, and supporting insights on the impact of changing costs on product margins.
RESPONSIBILITIES
- Executes daily activities required to achieve financial objectives through effective pricing of McCormick’s flavor products.
- Respond to pricing and quote requests in a timely manner
- Consults with Account Managers, Commercialization teams, Procurement, Operations Finance, and Product Development regarding price requests
- Develops product/portfolio cost and pricing assumptions in accordance with Finance procedures.
- Prepares periodic customer portfolio reviews by analyzing the following information: raw material costs, commodity cost drivers, conversion costs, packaging materials, volume changes, and plant locations
- Supports business unit efforts to optimize costs
- Other ad hoc financial analysis and requests as required
REQUIRED QUALIFICATIONS
- Bachelor’s Degree in Accounting, Finance or Business.
- Minimum of 2 years of Accounting or Financial analysis.
- Demonstrated thorough knowledge of the capabilities of transaction & reporting systems.
- Understands available reporting, drill down capabilities, and able to organize data in a way that adds value to analysis.
- Understands P&L analysis (revenue through gross profit) and management
- Strong proficiency in Excel including tables, pivot tables, and formulas such as index/match, as well as basic proficiency in Word and Power Point.
- Quick learner, open-minded, flexible, with the ability to communicate effectively with others
- High attention to detail and accuracy in data entry and management
- Strong verbal and written communication skills to communicate effectively at all levels.
- Self-management of own workload – capability to plan work and meet deadlines under pressure.
- Self-starter and proactive in initiating action steps.
PREFERRED QUALIFICATIONS
- Experience with Microsoft AX and Power BI
- Experience in manufacturing environment or other supply chain/costing area.
- Experience participating on projects supporting Finance initiatives within the business.
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McCormick & Company is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
As a general policy, McCormick does not offer employment visa sponsorships upon hire or in the future.
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