Pricing Analyst Job

Pricing Analyst-1801247

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, age, citizenship, color, religion, sex, marital status, national origin, disability status, gender identity or expression, protected veteran status, or any other characteristic protected by law.

At BASF, we create chemistry through the power of connected minds. By balancing economic success with environmental protection and social responsibility, we are building a more sustainable future through chemistry. As the world’s leading chemical company, we help our customers in nearly every industry meet the current and future needs of society through science and innovation.

We provide a challenging and rewarding work environment with a strong emphasis on process safety, as well as the safety of our employees and the communities we operate in, and are always working to form the best team—especially from within, through an emphasis on lifelong learning and development.

And we are constantly striving to become an even better place to work. BASF has been recognized by Forbes Magazine as one of America’s Best Employers in 2017. Come join us on our journey to create solutions for a sustainable future!

Where the Chemistry Happens…

The economic conditions of the recent past few years and the foreseeable future, along with a more competitive business environment and instability of raw material purchases, has determined that a strong pricing strategy and focus is and will be needed. Additionally, BASF globally has recognized the need for additional resources for local sales teams, and through their Customer Interaction Portal initiative are rolling out a Price and Margin Management tool specifically designed to maximize profits through more strategic pricing to customers. Therefore, a Pricing Analyst is needed to focus attention on additional opportunities through pricing, participating in developing a comprehensive pricing strategy, and developing and maintaining systems designed to assist with these initiatives.

Pricing Analyst (1801247) – Beachwood, OH

Formula for Success: You Will…
- Support Strategic Business Unit (SBU) pricing strategies through analysis of as is conditions, quantifying potential opportunities, and communication of those opportunities to respective parties.
- Identify and recognize the pricing implications of changing market conditions, competitive pressures, and profit concerns.
- Conduct raw material analyses to understand the impact of material changes on finished goods margins to proactively alert Marketing of potentially eroding margins and devise plans to offset these changes.
- Prepare monthly pricing analyses to be used in Management Reporting and monthly/periodic presentations.
- Coordinate and organize with Sales/Marketing/Management Committee any potential pricing initiatives designed for mass price changes due to changing economic conditions, and evaluate the success of such initiatives.
- Manage Sales Volume Incentive Programs with customers and assure rebate credits are completed within contractual terms. This would include the management of accrual rates, the annual $35M fund in accordance with guiding accounting principles, all related SAP system maintenance, and coordinating with internal SBU management personnel and BASF Centralized Accounting Platform personnel for the proper approvals and processed credits.
- Coordinate with Marketing for the setting of annual transfer costs used in the computation of Incentive Compensation. Analyze to assure total costs in incentive compensation formula will produce payouts that are within SBU guidelines.
- Devise and support pricing tools and systems; this would include current Lotus Notes Pricing Approval Database, as well as current projects, to implement a Pricing and Margin Management (PMM) tool as part of the global BASF Customer Interaction Portal (CIP) initiative.
- Participate in the contract pricing process. This includes involvement with determining prices in the contract development phase and periodic examination of agreements to manage and communicate upcoming contractually-driven price changes.
- Manage special projects including SBU risk/opportunity assessments; SBU order fulfillment analysis, SAP integrations and upgrades, and product rationalization.

Create Your Own Chemistry: What We Offer You…

Adding value to our customers begins with adding value to you. [email protected] is the suite of benefits, perks, programs and unique opportunities we offer to support you—the whole you—in all stages of your life and career. With [email protected], you create your own chemistry.

The total rewards that you receive as a BASF employee go way beyond a paycheck. From competitive health and insurance plans, to robust retirement benefits that include company-matching contributions, to making sure you never stop learning, we believe investing in you is investing in our success. Working for a large, global organization, you’ll have a chance to grow professionally and personally, expand your network and build a rewarding and dynamic career.

Qualifications - BASF recognizes institutions of Higher Education which are accredited by the Council for Higher Education Accreditation or equivalent

Ingredients for Success: What We Look for in You…
- Bachelor’s degree in Accounting, Finance, or a related discipline.
- Five to seven years relevant experience.
- Excellent computer skills, especially the Microsoft Office bundle.
- SAP experience, particularly with the Sales/Distribution module.
- Prior experience with Lotus Notes databases.
- Strong attention to detail.
- Excellent communication skills, including verbal and written.

Primary Location: US-OH-Beachwood
Function: CONT - Controlling
Job Type: Standard
Shift: Day Job
Organization: N-EBN-Construction Chemicals North America
Full time
Beachwood, Ohio 44122, US