Overview
The Pricing and Cost Analyst is responsible for preparing customer quotes, analyzing profitability, maintaining pricing agreements, and supporting financial planning efforts. The successful candidate will collaborate with cross-functional departments to ensure accuracy and consistency in pricing and cost data, facilitate timely decision-making, and use analytical skills to identify opportunities for improved efficiency and margin enhancement.
Duties & Responsibilities
- Prepare accurate and customized quotes for new and existing business opportunities, managing the process from initiation to completion
- Collaborate with the Sales team to fully understand customer requirements for each quote. Coordinate with cross-functional departments to gather necessary pricing information
- Maintain, improve, and update quoting templates to ensure consistency, accuracy, efficiency, and timely delivery
- Conduct variance and sensitivity analyses to evaluate profitability under various scenarios
- Track and quantify cost changes and assess their potential impact on current business margins
- Review and manage customer pricing agreements based on core material fluctuations, ensuring timely communication of necessary price adjustments in accordance with contract terms
- Develop and maintain new index pricing contracts as required on an individual customer basis
- Manage and update standard cost within Dynamics 365 and implement revisions as needed
- Provide recommendations to improve profitability and market competitiveness
- Support the Pricing Manager and leadership team in the development and implementation of effective pricing strategies
- Support the Sales team and executive leadership during negotiations by providing relevant data and insights to inform decision-making
- Maintain a detailed quote history log with all necessary and pertinent information
- Oversee and maintain accurate Bills of Materials (BOMs) for work-in-process and finished goods, resolving discrepancies and implementing necessary adjustments
- Create and update product routing to accurately reflect production overhead costs
- Aid with the preparation of the annual budget and quarterly financial forecasts
- Provide support to other Finance team members as needed
- Perform additional duties as assigned
Requirements
Experience & Skills:
- 5 or more years of experience in preparing quotes and job costing in manufacturing. Background in rigid plastics is an asset
- Post-secondary education in Business or Accounting
- Advanced Microsoft Office use, highly proficient with Microsoft Excel
- Power BI and Data Manipulation
- Familiarity with Microsoft Dynamics 365
Other Job Requirements:
- Must be able to speak, read and write English
- Required to have a reliable means of transportation
Working Conditions
- Typical office environment and works for extended periods at a computer workstation
- The standard hours of work are Monday-Friday from 8:30am to 5:00pm
Benefits
- Extended Dental, Health and Vision coverage
- RRSP match
- Bonus potential in addition to base pay
- Free on-site parking