Formica Corp

Pricing and Profitability Manager

Formica Corp • $80K — $110K *
Cincinnati, OH 45238In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in mathematics, statistics, finance, or economics; MBA preferred.
  • Significant experience in pricing, statistics, mathematics, marketing, product management, corporate finance, or strategy.
  • Strong leadership and insight within the relevant fields.
  • Advanced proficiency in Excel functions.
  • Experience with Business Intelligence tools, preferably QlikView.
  • Ability to manage complex data sets essential for pricing mechanisms.

Responsibilities

  • Collaborate with Sales leaders to create pricing strategies based on market trends.
  • Oversee the Pricing Analyst position.
  • Monitor pricing administration systems including customer price files, rebates, quotes, and promotions.
  • Ensure accuracy in price files and adherence to company price change guidelines.
  • Address and resolve pricing disputes, implementing preventative measures.
  • Work with business leaders to enhance pricing systems and automate routine tasks.
  • Conduct profitability analysis to uncover revenue opportunities.

Benefits

  • Comprehensive benefits package.
  • Excellent introduction to Formica's business operations.
  • Opportunity for career advancement within the company.
Full Job Description
Responsibilities:
  • Work with Sales leaders to develop and implement pricing strategies aligned to market trends
  • Manage Pricing Analyst position
  • Monitor all pricing administration systems & processes including:
    • Customer price files, distributor rebate program, quotes, promotional programs, inter-company pricing & customer price increases
  • Instill discipline in our processes to ensure price files are accurate and price changes are approved per company guidelines
  • Review pricing disputes and take corrective actions to prevent future issues
  • Collaborate with business leaders to:
    • Modernize pricing systems and processes to maximize profitability
    • Automate routine price administration tasks and report generation
    • Collaborate with business leaders on the design of BI solutions aimed at providing self-serve analytics tools
  • Conduct ad-hoc profitability analysis of customers and products to identify revenue generating opportunities
  • Provide sales and profitability reports to management as needed
  • Work with all business functions and our customer base on issues/topics related to pricing and rebates
  • Support special projects as needed

Qualifications:
  • A. / B.S. with a concentration in mathematics, statistics, finance or economics and preferably will have an MBA.
  • Significant experience, leadership and insight expected in one or more of the following:
    • Pricing, statistics, mathematics, marketing, product management, corporate finance or strategy
  • Proficiency with advanced Excel functions
  • Experience with Business Intelligence tools (preferably QlikView)
  • Given the complexity of Formica's product and pricing mechanisms, the ability to manage complex data sets is critical.

This position offers an excellent introduction to the breadth of Formica's business and a starting point for additional career opportunities at Formica. We offer an excellent compensation package as well as a comprehensive benefits package.

To apply, please visit our Career Center at http://www.formica.com/en-us/careers.

About Formica Corp

Formica Corporation is a leading manufacturer of high-pressure laminates and other surfacing materials. The company was founded in 1912 in Cincinnati, Ohio, and has since grown to become a global leader in the industry. Formica's products are used in a wide range of applications, including countertops, cabinets, furniture, and flooring. The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact, including the use of recycled materials and the development of low-emission products. Formica is a subsidiary of Broadview Holding B.V., a Dutch holding company that also owns Trespa International and Arpa Industriale.
Learn more about Formica Corp
Size
1,000 employees
Industry
Manufacturing & Automotive
Founded
1913
* Ladders Estimates

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