Pricing Analyst
4 weeks ago
At Ventura Foods Canada, we are the brand behind the brand. We’re a leading Canadian based manufacturer of custom sauces, condiments, dressings, cooking oils, and much more. Our customers include major restaurant chains, foodservice distributors and global food manufacturers. With our corporate office in Toronto and 3 facilities in Toronto, Brantford and Edmonton, we diligently service our customers throughout the US & Canada.
Our mission is to help our customers delight their consumers. Our Sales, R&D, Quality, Operations, HR and Finance teams are all based locally to meet the specific needs of the Canadian market. Whether you’re dipping pizza crust into our garlic sauce or biting into a sandwich with our Dijon mayo, chances are, you’ve enjoyed some of our great tasting products.
We live by the Ventura Edge and believe that integrity, teamwork, personal ownership and a focus on customers are the ingredients to our success.
Reporting to the Senior Commercial Finance Manager, this individual will provide valuable insights and analysis to revenue performances of Ventura foods Canada. The individual will have prior experience related to revenue & margin analysis along with forecasting capabilities, ideally in a foodservice or manufacturing environment.
Major Duties and Responsibilities
Pricing support:
- Key work includes understanding the business proposition and impact to the business unit: pricing analytics, margin expansion, sensitivity analysis.
- Prepare product P&L for new and existing products
- Responsible for the accurate product selection and pricing for all bids proposals
- Work closely with the sales team to develop the right strategy to be successful with profitable sales growth opportunities.
- Support Pricing-related projects & problem solve if there are any roadblocks along the way. Including by not limited to: Price Elasticity, Global Pricing Index, Market analysis etc.
- Identify revenue/price/SKU opportunities to drive Revenue
- Monitor and report competitive pricing activity (insights, price gaps/risks)
- Update the pricing in JDE Advance Pricing table, and Macola
- Analyze and provide support on recommendations for new brand/SKU launches
- Manage requests for pricing information on ad hoc basis
- Provide Quarterly customer pricing
- Build partnerships with commercial and executive teams, working collaboratively on existing and new business initiatives to drive profitable growth.
- Develop & maintain collaborative relationships with cross-functional partners in Planning, Ops Finance, Logistics & Accounting team
Month end and Year end:
- Calculate Month end Accrual for Trade and Brokerage and book necessary accrual
- Calculate Fill rate penalties and accrual entry
- Monthly/ Quarterly FX true up calculation for US $ Customers
- Support commercial Sales report
- Support updating monthly SKU profitability report for Commercial team
- Support updating month end Business revenue Deck
- Support the annual Budget build for revenue
- Other duties as assigned
Education and Experience:
- University Degree in Finance / Business or related field preferred
- At least 3-5 years of progressive analysis experience required
Knowledge and Skill:
- Highly motivated with strong analytical, organizational and time management skills.
- Strong financial and general accounting knowledge.
- Professional with a high level of business acumen.
- Proficient in Microsoft Office, Leveraging MS Excel modeling and data management capabilities
- Excellent verbal and written communication skills.
- Ability to work under tight deadlines and pressures
- Proactive – able to identify opportunities of improvements
Ventura Foods Canada is an equal opportunity employer committed to diversity and inclusion. Our goal is to attract, develop and retain highly talented employees from diverse backgrounds. We welcome and encourage all qualified applicants to apply. Accommodations for persons with disabilities are available upon request for candidates taking part in all aspects of the selection process.
We thank all applicants for their interest in exploring employment opportunities with Ventura Foods Canada, however only those selected for an interview will be contacted. Applicants may be subject to a background check and must meet the security criteria for the designated position.
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