Senior Business Analyst - Pricing

Senior Business Analyst - Pricing

Scarborough, ON, Canada Req #3508

Monday, February 3, 2025

GRIFFITH FOODS

Griffith Foods is a global manufacturer of food products. We provide a wide range of taste and texture components for food industry customers throughout the world. Our products include seasoning blends, dry mixes, coating systems, dough blends, crumbs, flavors, sauces and food bases that are used in an extensive variety of application from snack foods and processed meat and poultry to ready meals. Our customers include food processors, restaurant operators and grocery retailers. While our name may not be familiar to consumers, our products are key components of foods offered by many of the world's best-known companies.

Position Summary:

We have an exciting opportunity for experienced and skilled Senior Pricing Analysts to join our Finance team. Reporting to the Profitability and Pricing Manager, the Senior Business Analyst - Pricing is responsible for managing and improving the profitability of specific business segments within Griffith Foods in alignment with our company strategy. The incumbent will also support sales with pricing activities with a focus on margin improvement; business analytics and sales reporting.

Essential Duties & Responsibilities:

• Recommends and develops improvements to the existing pricing process, guidelines, and strategies.
• Synthesize current business intelligence or trend data to support recommendations for pricing action.
• Implement long and short-term business and pricing strategies to achieve profit and growth objectives.
• Lead analysis for senior leadership, Sales, and other internal stakeholders to develop and execute value-added pricing strategies and business proposals.
• Develops and executes profitable pricing strategies and business proposals in alignment with our company Purpose and strategy through collaboration with senior leadership, Sales, purchasing, product development, supply chain, and other cross-functional teams.
• Prepares financial scenario models and proposes pricing options based on value-add, market, and competitive information to drive financial performance.
• Assists in financial forecasting and fiscal year budgeting process through effective collaboration and communication with Sales and detailed analysis.
• Manages the pricing process within the Griffith Pricing Applications system and Microsoft Dynamics system with full responsibility for all sales analysis and data entry.
• Provides ad hoc sales information to internal and external customers.
• Supports Client RFI, (Request For Information) and RFP's (Request For Price).
• Responsible for all client-related pricing requests, including but not limited to: Price Lists, Line Item Details, and update/maintenance of clients pricing database.
• Prepares and executes mass price updates within urgent periods as needed.
• Maintains and executes account profitability analysis and price review processes as needed using pricing system and reports.
• Ensures business activities for meeting contribution margin and gross margin targets, and challenges sales to provide rationale on quotes below company guidelines.
• Participate in customer calls or in person visits to support the commercial team in any pricing related matters.
• Leverages cross functional relationships with Supply Chain and risk management to minimize risk and waste exposure.
• Maintain cost records and provide reports for incentives, rebates, royalty and brokerage fees.
• Responsible for maintaining and providing corporate reports.
• Lead training of new analysts and sales leaders.
• Mentor other junior members of the team.

Qualifications:

• Bachelor's degree (BA or BS) in Finance, Accounting, Business Administration, or related field from a four-year college or university.
• 3+ years of related experience; in the food manufacturing industry is highly preferred.
• Able to work independently and manage projects effectively.
• Good written and verbal communication skills.
• Advanced proficiency in Microsoft Excel and Power BI.

What We Offer():
Paid top-up for Pregnancy, Parental and Compassionate Care leave.

Health and Group Benefits (100% of premiums paid by Griffith foods).
Education reimbursement program.
Life event recognition and on the job recognition.
Generous defined contribution retirement plan.
Career development and growth opportunities.
Annual wellness allowance.
Annual incentive.

Please note that terms and conditions apply.

Equal Opportunity Employer:


Griffith Foods is an equal opportunity employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills, and experiences within our workforce. We are committed to building a team that represents a variety of backgrounds, we celebrate diversity and are committed to creating an inclusive environment for all employees. We will work with applicants requesting accommodation at any stage of the recruitment process. If you need assistance or require accommodation please contact: [email protected].

Other details

• Job Family Finance
• Job Function Administration
• Pay Type Salary
• Required Education Bachelor's Degree