Pricing Analyst

Novolex; Lake Forest (IL); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

401(k) with company match

Medical, dental and vision insurance

Paid vacation and sick days

Parental leave

Holidays and wellness program

Job summary

Novolex, a leading packaging manufacturer, seeks a Pricing Analyst to craft pricing strategies, analyze financial data, and ensure profitability across Food, Grocery and Retail accounts.

The role partners with the Commercial Team to model scenarios, evaluate profitability, and support bids with accurate pricing information. A strong Excel foundation and SAP experience are preferred.

Qualifications

• Bachelor's degree in finance, economics, business, or related field; Master's or CFA/CMA advantageous.
• Proven experience as Pricing Analyst/Financial Analyst or similar, preferably in packaging.
• Strong Excel skills; SAP experience preferred.
• Strong financial acumen, with financial modeling and data analysis expertise.

Responsibilities

• Analyze historical financial data, costs, and trends to inform pricing decisions.
• Evaluate pricing changes impact on profitability and financial health.
• Develop regional pricing strategies to increase volume and profitability.
• Collaborate with sales teams to provide pricing for bids and proposals.
• Incorporate cost components into pricing models for accurate calculations.
• Create financial models to assess pricing scenario impacts on revenue and margin.
• Monitor outcomes of pricing strategies against projections.
• Ensure accuracy and integrity of pricing data used in systems.

Skills

Pricing analysis

Financial modeling

Data analysis

Cross-functional collaboration

Attention to detail

Education

Bachelor's degree in finance/economics/business

Master's/CFA/CMA advantageous

Tools

Excel

SAP

Job description

Company Overview

Why Choose Us?

Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs.

Our Sustainability Commitment

The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.

Job Description

Position Overview:

We are seeking a dedicated and analytical Pricing Analyst to join our team in supporting the Food, Grocery and Retail Business Unit. The Pricing Analyst will play a crucial role in developing effective pricing strategies, analyze financial data, and ensure competitive pricing while maintaining profitability. The ideal candidate will possess strong quantitative skills, financial acumen, and the ability to work harmoniously across departments, including our Commercial Team.

Responsibilities:

• Analyze historical financial data, cost structures, and industry trends to provide informed recommendations for pricing decisions.
• Evaluate the potential effect of pricing changes on overall profitability and the company's financial health.
• Responsible for deal management, market analytics, competitive data modeling, and developing regional pricing strategies to increase volume and profitability of Food, Grocery and Retail accounts.
• Partner with sales teams to deliver accurate and compelling pricing information for bids and proposals.
• Integrate cost components into pricing models to ensure precise pricing calculations.
• Create financial models to assess the financial impact of various pricing scenarios on volume, revenue, margin, and profitability.
• Monitor the financial performance of implemented pricing strategies, analyzing actual outcomes against projected results.
• Ensure the accuracy and integrity of financial and pricing data used in analysis, pricing systems, and decision-making.

Qualifications:

• Bachelor s degree in finance, Economics, Business, or a related field. Master's degree or relevant certification (CFA, CMA) is advantageous.
• Proven experience as a Pricing Analyst, Financial Analyst, or a comparable role, preferably within the packaging industry.
• Demonstrated Analytical mindset whether on the job or education related.
• Strong technical skills and experience with Excel required. SAP experience preferred.
• Strong financial acumen, with advanced skills in financial modeling, data analysis, and Excel.
• Excellent interpersonal and communication skills for productive collaboration with diverse teams.
• Capacity to manage multiple tasks, prioritize responsibilities, and meet deadlines.
• Exceptional analytical and problem-solving capabilities.
• Detail-oriented mindset to ensure precise financial calculations and analyses.

A reasonable estimate of the current range is $60,000-$90,000 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid holidays and wellness program.

Company Benefits

What You'll Get From Us

Benefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

Community Engagement

At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

Training and Development

We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.

Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact [e-mail].

Formerly Pactiv Evergreen