Overview
Job Title: Pricing Analyst
Department: Finance
Location: Hybrid - Milwaukie, OR
Shift: Day, Monday - Friday
Wage: $81,450 - $90,500 per year, depending on experience
Our success begins and ends with our people. We embrace diverse perspectives and value unique human experiences. We are proud to be an equal opportunity employer that celebrates the diversity of the communities where we live and do business. Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.
Company Overview: At Bob’s Red Mill, we inspire joy with wholesome foods. Since 1978, we have been leading the natural foods industry by providing our customers with good food that makes them feel great. Wholesome means ensuring our food is of the highest quality, empowering and supporting our diverse group of employee owners, respecting our planet, and bettering our communities. We believe that joy is for everyone.
We believe taking care of our community starts with giving our employee owners the resources to take care of their physical, mental, financial, and future well-being by offering a leading benefits package.
- Medical, Dental, and Vision Insurance
- 401k, Profit Sharing Program, and Employee Stock Ownership Program (ESOP)
- Paid Holidays & Vacation
- 25% Retail Store Discount
- Employee Assistance Program – counseling, legal issue support, financial guidance, and more.
- Tuition Reimbursement
- Childcare Discounts
- And MORE!
Purpose: To inspire joy with wholesome foods.
Values: Respect, Teamwork, Accountability, Determination
Position Overview: The Pricing Analyst will be responsible for analyzing, developing, and maintaining competitive pricing strategies to ensure the company’s pricing is aligned with market conditions and business objectives.
Essential Job Functions:
- Conducts thorough research on market trends, competitor pricing, and product positioning to inform strategic pricing decisions and evaluate effectiveness of current strategies.
- Assists in developing, implementing, and managing pricing strategies for new and existing products, ensuring alignment with financial goals and market conditions.
- Creates and maintains a database of key products for competitor pricing.
- Monitors and evaluates product margin ensuring profitability targets are met.
- Analyzes large datasets related to sales performance, cost structure, and customer demand to evaluate pricing effectiveness and recommend adjustments when necessary.
- Collaborates with cross-functional teams including but not limited to Accounting, Sales, Marketing, Information Technology, Supply Chain, and others.
- Maintains and updates pricing for customers, including custom pricing models and discount structures based on volume, contracts, or special agreements.
- Assists in collaboration with Operations to assess the impact of raw material costs, labor, and overhead on product pricing, ensuring that pricing strategies accommodate cost fluctuations.
- Prepares reports on pricing performance, trends, and opportunities for improvement for products and customer channels.
- Complies with all company policies and procedures and operates all equipment in a safe and food-safe manner.
- Complies with Bob’s Red Mill food safety policies and procedures including adherence to FDA regulations, Safe Quality Food (SQF) Standards, and Good Manufacturing Practices (GMPs).
- Responsible for reporting food safety and quality concerns to Supervisors and/or Department Manager.
- Performs other duties and tasks as assigned.
Knowledge, Skills, and Abilities:
- Strong problem-solving and critical thinking skills.
- Ability to analyze large datasets and make data-driven decisions.
- Must possess a high attention to detail and accuracy.
- Strong financial and analytical skills.
- Ability to effectively collaborate with cross-functional teams.
- Ability to thrive in a fast-paced environment.
- Possess effective communication skills, both verbal and written.
- Ability to read, understand, and communicate information effectively in English with professional proficiency.
- Ability to self-motivate and proactively make decisions.
- Proficient in Microsoft 365, including Word, Excel, PowerPoint, and Outlook.
- Ability to use advanced Excel functions, including but not limited to formulas, pivot tables, and graphs.
- Demonstrates Respect, Teamwork, Accountability, and Determination.
- Ability to work in an environment where exposure to potential food allergens is or may be present.
Supervisory Responsibilities:
- None
- This position reports to the Director of Financial Planning & Analysis.
Education and Experience:
- 3 or more years of pricing, finance, or data analysis experience, AND
- Bachelor's Degree in finance, accounting, economics, or related business field; OR
- Any combination of education and additional years of experience that provides the necessary skills, knowledge, and ability to perform assigned tasks.
Preferred Skills:
- Experience pricing with large brick and mortar chains, as well as e-commerce preferred.
- Experience working in food manufacturing or consumer packaged goods industry preferred.
- Proficient in using ERP systems and supporting software, Microsoft Dynamics 365 preferred.
- Proficient in using Prophix or similar programs.
Physical Demands:
- Position requires the ability to sit for up to approximately 2 hours at a time.
Work Environment:
- The primary environment for this position is in an office setting or remote. There are no adverse conditions associated with this environment.
- This position may occasionally spend a small amount of time within the production and warehouse areas of the facility.
- Remote work may be available as an option.
- Employees will be exposed to common food allergens.
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