drjobs Pricing Coordinator

Pricing Coordinator

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1 Vacancy
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Job Location drjobs

Romeoville, IL - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Position Overview

The Pricing Coordinator will function as a member of the Formerra Pricing team. This individual will assist by giving guidance in pricing strategy implementation with a focus on driving improvement in gross margins by providing visibility to all components of the value chain. This role is expected to work autonomously with minimal direction required with a demonstrated ability to interact with and influence effectively at both a managerial and peer level.

Essential Duties and Responsibilities:

  • Deliver profitable growth.
  • Implement and maintain accurate pricing records.
  • Understand pricing practices which ensure price for value and gross margin expansion.
  • Provide margin exception reporting; Analyze evaluate and report margin and sales data using discretion and guidance on how to increase revenue or mitigate margin leakage.
  • Interface with Suppliers on Credit Upon Proof of Sales calculation documentation and implementation giving guidance on how to streamline enhance or modify our processes to ensure that our financials are accurately stated.
  • Analyze pricing credits to verify the proper course of action to diminish future credits.
  • Ensure products and customers sales records are analyzed and performance is evaluated against targets. Monitor product gross margins and profitability against control standards. Reviews product prices approves price deviations and implements price increases and price hold strategies.
  • Support and show commitment to Formerras improvement process. Plan strategies to ensure error-free work and convey this attitude in the daily performance of various duties.
  • Coordination support and participation in the POL process and the situational analysis system.
  • Drive measurement and tracking activities including all pricing dashboards.

Required Knowledge Skills and Attributes:

  • Ability to apply complex analytical and critical thinking skills.
  • Strong business acumen in understanding profitability concepts relative to growth strategies.
  • Requires advanced math aptitude and ability to understand the impacts of variables when providing pricing recommendations.
  • Ability to mobilize internally and externally to set and achieve business goals; able to articulate and drive the required change and translate into actionable objectives for the extended marketing network.
  • Good oral and written communication skills and excellent presentation research and project coordination skills.
  • Self-motivated with the ability to multi-task.
  • High customer service orientation with desire to spend significant time interacting with others. Must have strong sense of urgency and ability to deal with high stress situations in tight time frames.
  • Exceptional aptitude with Microsoft Office including PowerPoint Excel and Access; SAP and Salesforce experience a plus.

Education and Experience

  • Bachelors degree in business or applicable field.
  • 1-3 years of previous related experience

Work Environment:

  • Physical & Social Setting:
    1. Hybrid: A mix of office and remote work.
  • Work Conditions:
    1. Work Hours: Standard business hours shift work or on-call schedules.

Disclaimers:

  • Legal authorization to work in the US is required. We will not sponsor individuals for employment visas now or in the future for this job opening.
  • The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties responsibilities and qualifications required of employees assigned to this job.
  • It is the policy of Formerra that all employees are employed at the will of Formerra for an indefinite period and are subject to termination at any time for any reason with or without cause or notice. At the same time employees may terminate their employment at any time and for any reason.
  • Equal Opportunity Employer. All qualified candidates will receive consideration for employment and will not be discriminated against based on race color religion sex sexual orientation gender identity national origin protected veteran status disability age pregnancy genetic information creed citizenship status marital status or any other consideration prohibited by law or contract.
  • NOTICE: Formerra is committed to ensuring a fair and legitimate recruitment process. We want to alert job applicants to the potential risk of recruitment scams and encourage caution when responding to unsolicited job postings or communications. If you receive a job offer without having explicitly applied through our website or a legitimate job board please be wary. We will never request sensitive personal informationsuch as your Social Security number birth date or banking detailsvia email. If you are uncertain about the legitimacy of a job posting or communication please contact us directly at.

#LI-Hybrid


Required Experience:

IC

Employment Type

Full-Time

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