Pricing Analyst

Date: Dec 9, 2023

Location: Philadelphia, PA, US, 19154

Company: IFF Family of Companies

Requisition  ID : 491685 

Job Description

 

Great taste takes more than great ingredients. That's why we go above and beyond. Every day.

 

About Us...

 

Tastepoint is the newest name in taste, backed by more than a century of experience. We are fueled by passion and enhanced by the technology and insights of IFF. Our purpose is to be the spark that advances our customers. We're an agile, energetic product development partner with a fresh perspective. Tastepoint captures the essence of our customers' ideas, and the imagination of their consumers. Together, we'll create a fresh take on taste. We solve customer challenges and craft consumer delight.


Your mission at Tastepoint will be to support Management and to provide proactive assistance to the business including Sales, Marketing, Sales Support, Customer Service, all business initiatives, to ensure all activities/needs are completed on-time and in a worry-free manner for internal and external customers.

 

How you will spend your time

 

  • Support the effective pricing strategies and definitions based on Category, Department, Competitive, and Customer goals.
  • Collaborate with managers on pricing rules and strategies that will support the achievement of sales and margin targets.
  • Projects impact of pricing changes, individual promotions, and rebate programs on revenue.
  • Development of ad hoc reports on an as needed basis for both the department and senior management.
  • Maintain quotation tool and provide daily quotation approvals and feedback to U.S. sales team.
  • Supports internal requests for pricing analysis and guidance.
  • Recommend improvements to the various pricing processes, assist in the organization, development and evaluation of forward-thinking strategies that optimize pricing.
  • Continuously strive for margin improvement and optimization in low margin areas.

 

What we are looking for in Candidates

 

  • High attention to detail.
  • Proficiency in financial analysis tools is helpful.
  • Strong communication skills, both verbal and written.
  • Excellent time management skills and ability to prioritize tasks and meet tight deadlines.
  • Solid understanding of business operations and be able to connect financial data to business outcomes.
  • Ability to work in a fast-paced environment.
  • Strong project management skills. Ability to handle multiple tasks at once, prioritize tasks and meet deadlines.

Job Requirements

 

  • Bachelor's Degree in a relevant field of study. 
  • 3+ years’ experience working in a Pricing or Business Analytics role.
  • Strong experience with SAP. 
  • Proficient in Microsoft Office products, especially Excel.

We are a global leader in taste, scent and nutrition, offering our customers a broader range of natural solutions and accelerating our growth strategy. At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more.


Nearest Major Market: Philadelphia