Reg Business&strategic Pricing Analyst
4 days ago
Are you inspired to contribute your expertise to a global leading Ingredients organization? We are a global leader in taste, scent and nutrition, offering our customers a broader range of solutions for the food & beverage industry.
- IFF is growing and we are looking for a Regional Strategic Pricing Analyst to join our Greater Asia team.
- Your Focus
- As Regional Strategic Pricing Analyst, you will provide analytical and business support to Regional Strategic Pricing & Business Manager. You will support Greater Asia Pricing strategy development and execution, and drive improvements in Regional and Global Coordinated pricing tools together with IT Team.
- This is a Singapore based role and will report to the Regional Strategic Pricing & Business Manager.
- How You Will Contribute- Provide analytical and business support to Regional Strategic Pricing & Business Manager:
- Continuously strive for margin improvement and optimization by recommending price increases and/or proactive proposals to advance profitability within customer portfolios based on price/RM/Margin/volume evolution
- Actively support the Regional team with pricing information related to each market
- To facilitate in the pricing process and price quotes (with relevant matrixes)
- Work with commercial for price increase with relevant supporting data stating the need for price increase
- Profitability analysis of existing portfolio by category and customer
- Rebates budgeting and planning
- Contract negotiation preparation
- Participate with team in selected Customer-facing negotiations
- Support Regional Pricing strategy execution and process streamline
- Ensure data accuracy and drive improvements in global coordinated pricing tools and new system rollout together with IT Team:
- Power BI - Improvements to RM/Price Increase approach for annual price increases
- Profitability Models: Development of predictive cost/Profitability
- Improve overall leverage of Power BI tool for day to day working
**Job Requirements**:
- What you will need to be successful- Bachelor’s Degree in Economics, Business, Finance or any other relevant discipline.
- 5 years of Experience in B2B industry with proven track record.
- Strong business acumen with financial and analytical skills.
- Ability to learn at fast pace, understand IFF innovation, technology and position them as competitive advantage.
- High level of learning agility and commitment.
- Comfortable with working on adhoc tasks with little turn around time.
- Able to multitask and prioritize work load.
- Demonstrate leadership potential, cultural agility and emotional maturity
- Team player and active player with key stakeholders.
- Appreciation and experience working in various cultures and internationally mobile.
- Able to work effectively under global matrix structure with various stakeholders.
- Fluency in English, plus other language fluency is a plus.
- Strong proficiency in Excel. PowerPoint.
- Experience working with SAP and Power BI preferred.
IFF is an Equal Opportunity Employer.
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