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Strategic Pricing Analyst

Date: Oct 14, 2021

Location: Singapore, SG, 117610

Company: IFF Family of Companies

Job Description

Are you inspired to contribute your expertise to a global leading Ingredients organization? 
We are a global leader in taste, scent and nutrition, offering our customers a broader range of solutions for the food & beverage industry. 

 

IFF is growing and we are looking for a Strategic Pricing Analyst to join our Greater Asia team.

 

Your Focus

 

As Strategic Pricing Analyst, you will provide analytical and business support to Global Business Development & Pricing Lead. You will support Global Pricing strategy development and execution, and drive improvements in Global and Coordinated pricing tools together with IT Team. 


This is a Singapore based role and will report to the Global Pricing & Business Development Lead.

 

How You Will Contribute

 

  • Provide analytical and business support to Global Business Development & Pricing Lead: 
    • Creation/improvement Price index mechanisms - Global/Regional/Local 
    • Develop price index models 
    • FX Models and mechanisms
    • Rebates budgeting and finalization
    • Develop financial analysis and prepare recommendations in response to Global/Key Regionals customer’s core listing processes
    • Contract negotiation preparation
    • Participate with team in selected Customer-facing negotiations
    • Continuously strive for margin improvement and optimization by recommending price increases and/or proactive proposals to advance profitability within customer portfolios based on price/RM/Margin/volume evolution
    • Actively support the Global/Regional team with pricing information related to each market
  • Support Global Pricing strategy development and execution
  • Drive improvements in Global and Coordinated pricing tools together with IT Team:
    • Power BI - Improvements to RM/Price Increase approach for annual price increases
    • Profitability Models: Development of predictive cost/Profitability 
    • Improve overall leverage of Power BI tool for day to day working
       

Job Requirements

What you will need to be successful

 

  • Bachelor’s Degree in Economics, Business, Finance or any other relevant discipline. 
  • 5 years of Experience in B2B industry with proven track record. 
  • Strong business acumen with financial and analytical skills.
  • Ability to learn at fast pace, understand IFF innovation, technology and position them as competitive advantage.  
  • High level of learning agility and commitment.
  • Demonstrate leadership potential, cultural agility and emotional maturity
  • Team player and active player with key stakeholders.
  • Appreciation and experience working in various cultures and internationally mobile.
  • Able to work effectively under global matrix structure with various stakeholders.
  • Fluency in English, plus other language fluency is a plus. 
  • Strong proficiency in Excel. PowerPoint.
  • Experience working with SAP and Power BI preferred.

 


IFF is an Equal Opportunity Employer.

 

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 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