PRICING ANALYST
HUNT VALLEY, MD, US, 21031
You may know McCormick as a leader in herbs, spices, seasonings, and condiments – and we’re only getting started. At McCormick, we’re always looking for new people to bring their unique flavor to our team.
McCormick employees – all 14,000 of us across the world – are what makes this company a great place to work.
We are looking to hire an Pricing Analyst immediately in a Hybrid (50/50) capacity at our Global Headquarters in Hunt Valley, Maryland.
What We Bring To The Table:
The best people deserve the best rewards. In addition to the benefits you’d expect from a global leader (401k, health insurance, paid time off, etc.) we also offer:
• Competitive compensation
• Career growth opportunities
• Flexibility and Support for Diverse Life Stages and Choices
• We prioritize our communities and the planet we share. We are proud to be awarded as a Diversity Inc. Top 50 company for Diversity and have multiple Sustainability awards (ranking #22 in the World and #1 in Food Products)
• Wellbeing programs including Physical, Mental and Financial wellness
• Tuition assistance
POSITION OVERVIEW
The Pricing Analyst is responsible for creating pricing for new items and reviewing prices and costs for existing items and customers. This position is also responsible for communicating with the Sales Team, Procurement, and Product Development on the drivers of changing costs and pricing, and supporting insights on the impact of changing costs on product margins.
RESPONSIBILITIES
- Executes daily activities required to achieve financial objectives through effective pricing of McCormick’s flavor products.
- Respond to pricing and quote requests in a timely manner
- Consults with Account Managers, Commercialization teams, Procurement, Operations Finance, and Product Development regarding price requests
- Develops product/portfolio cost and pricing assumptions in accordance with Finance procedures.
- Prepares periodic customer portfolio reviews by analyzing the following information: raw material costs, commodity cost drivers, conversion costs, packaging materials, volume changes, and plant locations
- Supports business unit efforts to optimize costs
- Other ad hoc financial analysis and requests as required
REQUIRED QUALIFICATIONS
- Bachelor’s Degree in Accounting, Finance or Business.
- Minimum of 2 years of Accounting or Financial analysis.
- Demonstrated thorough knowledge of the capabilities of transaction & reporting systems.
- Understands available reporting, drill down capabilities, and able to organize data in a way that adds value to analysis.
- Understands P&L analysis (revenue through gross profit) and management
- Strong proficiency in Excel including tables, pivot tables, and formulas such as index/match, as well as basic proficiency in Word and Power Point.
- Quick learner, open-minded, flexible, with the ability to communicate effectively with others
- High attention to detail and accuracy in data entry and management
- Strong verbal and written communication skills to communicate effectively at all levels.
- Self-management of own workload – capability to plan work and meet deadlines under pressure.
- Self-starter and proactive in initiating action steps.
PREFERRED QUALIFICATIONS
- Experience with SAP and Power BI
- Experience in manufacturing environment or other supply chain/costing area.
- Experience participating on projects supporting Finance initiatives within the business.
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McCormick & Company is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
As a general policy, McCormick does not offer employment visa sponsorships upon hire or in the future.
Nearest Major Market: Baltimore