Financial Analyst I

Job Title: Financial Analyst I

Location: Laurel MD, 20723 (100% on - site)

Duration: 6 Months

Schedule: Monday - Friday 8-5 - schedules are subject to change with business needs

Note - CANDIDATES MUST HAVE relevant & strong pricing/merchandising experience

JOB SUMMARY :

Review all customer pricing, markets, and nationals for margin growth and opportunities. Oversees the setup and maintenance of all Corporate Multi-Unit (CMU) and Local contract bids and order guides. Analyzes identify and propose actions to both purchasing and sales departments to ensure compliance with the Corporate Multi-Unit (CMU) business and grow margin/profitability.

RESPONSIBILITIES

• Develop overall pricing strategy at the item level and review the accuracy on-going.
• Analyze use of earned income, if necessary, to establish proper pricing structure.
• Provide technical, customer relations, and personnel management for major programs and projects.
• Review margin reports daily at customer and item level to ensure the operation company (OpCo) is making the correct adjusted gross profit.
• Review top moving items for margin enhancement and make recommendations to purchasing departments.
• Review markets daily and recommend price changes to customer bids and market and national cost.
• Review all bids for correct pricing, i.e. suitability, adjusted gross profit, and case movement
• Assist VP Purchasing/Sales in developing queries/reports.
• Other duties as outlined by management

QUALIFICATIONS:

Education : High School Diploma required; Bachelor's Degree preferred

Experience: Minimum 5 years pricing or similar type of experience

Skills

• Proficient in Microsoft Office, effective written/oral communication skills, strong analytical skills

Decision Making Authority

• Most important decisions made fully independently:
• Setting & submitting cost basis for CMU and Local contract business
• Directing pricing coordinators on bid set up and communication with buyers and sales re: CMU business
• Most important decisions made with review and approval of other individuals or supervisors (include the reviews/approvals required):
• Which bids to delete or items delete off the bid, review with VP