Pricing Analyst

1 week ago

Toronto, Canada Lantic Inc. Full time

WHY JOIN LANTIC?
- It's simple: we strive to be a great company to partner with, work for and invest in, offering best-in-class portfolio of natural sweetener solutions.
- With over 130 years of experience, we have proven that we are committed to creating lasting brand connections and long-term business partnerships.
- We stand proud of our heritage, and as we grow, we are also committed to continuously improving to meet the evolving needs of consumers and customers in a dynamic industry.

WHAT'S IN IT FOR YOU?

**By joining the Lantic Team, you will**:

- Join a dynamic, inclusive, and passionate team.
- Have flexibility; you can work from home or the office.
- Enjoy a wide range of perks, including:

- Competitive compensation and comprehensive benefits package
- Employee share purchase plan
- Opportunities for career pathing and personal growth
- Wellness-focused flexible work environment to help you balance both work and like, and much more

**OVERVIEW**:
As Pricing Analyst you will be responsible for the administration and governance of all aspects of negotiated pricing with the ultimate goal of ensuring price integrity. You will act hand-in-hand with the sales team to ensure that negotiated pricing is recorded into our ERP system and accurately reflected on customer invoices. Commodity pricing is dynamic and by ensuring pricing accuracy you will be a key member of the Sales Team. Another key aspect of your responsibility will be trade-spending management and reconciliation (rebates and deductions). You will also have the opportunity to create advanced pricing analytical tools to compare pricing by customer/product/region to create accurate P&Ls.

**RESPONSIBILITIES**:

- PROCESS
- Govern the overall pricing process and proactively bring forth recommended improvements including technology solutions
- DATA
- Create and maintain customer pricing files and databases
- Input price changes into ERP
- Ensure accuracy for all existing pricing by customer/product
- Prepare price lists to be distributed to customers
- Create pricing templates and automation tools for price quotes
- TRADE SPEND
- Create and own the process to manage, track, and report on all trade spend activities
- DISCREPANCIES
- Investigate all price discrepancies/deductions and partner with accounts receivable, sales, customer service, and the customer directly in order to rectify in a timely manner
- Recommend payment or non-payment of any pricing claims raised due to a pricing dispute
- ANALYTICS
- Create advanced pricing analytic tools to compare pricing by customer/product/region to create accurate P&Ls
- Track available pricing data across multiple markets

**QUALIFICATIONS & PROFESSIONAL EXPERIENCE**:

- 2-3 years experience in managing pricing and/or trade-spending
- Experience in CPG or FMCG
- Hold Bachelor's degree in economics, statistics, finance, mathematics, or in a related field.
- Experience in generating actionable insights from data for leadership reviews
- Ability to accurately input data and see discrepancies
- Strong knowledge of MS Office, with excellent knowledge of Excel
- Experience with ERP pricing systems. Microsoft Navision/Dynamics experience is considered an asset.
- Demonstrated ability to analyze financial information; Strong Problem-solving skills

**DEMONSTRATED BEHAVIORS**:

- Influence: Establishes trust and demonstrates an ability to influence without direct authority.
- Teamwork: Builds strong relationships (internally and externally), accepts accountability and delivers on commitments.
- Prioritization: Be a self-starter, demonstrates an ability to prioritize and map-out a game plan when surrounded with a high degree of ambiguity and or road-blocks.
- Critical Thinking: Explores multiple possibilities for overcoming challenges, thinking creatively to determine the best solutions.
- Continuous Improvement: Intellectually curious and looks for better ways to do things both inside and outside the company. Mindset of course-correcting.
- Emotional Intelligence: Demonstrates self-awareness, empathy, and relationship management.

**WORKING CONDITIONS**:

- Located in Etobicoke office (New Toronto). Hybrid Home/Office: 2-3 days in office.
- Occasional domestic travel may be required to participate in meetings and collaborate with manufacturing locations.

**BENEFITS OVERVIEW**:
Benefits packages may depend on geographic location, employee status and position.

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