Pricing Analyst II

2 weeks ago

Angeles City, Central Luzon, Philippines Clark Outsourcing Full time

Position Title: Pricing Analyst II

Salary: 40, , 000 PHP monthly

Reports To: Partner, Partner Advisor

Primary Relationships: Partner Team

Date: June 2024

Schedule: 8:00 PM TO 5:00 AM PH Time

Position Overview:

The Pricing Analyst II is responsible for Pricing in the collaborative setup and maintenance of price requests and quotations for the Product Development, Sales, and Marketing departments. By participating in the creation of specialized programs and methodologies, this individual will aid in safeguarding the competitive strength of the company. In addition, the Pricing Analyst II plays a crucial role in ensuring compliance with customs regulations and optimizing international trade operations for the company.

Responsibilities:

  • Price Quotations
    • Maintains and analyzes all China & India quotes for content and accuracy.
    • Ensures that specifications match between factories for the same project.
    • Analyzes bag and carton dimensions to ensure correct freight cost calculations.
    • Updates USD conversion rates.
    • Collaborates with Product Managers and NAMs to request the proper quotation and implements the correct quote by product/customer.
    • Summarizes multiple quotations for specification, cost, and certification requirements.
  • Price Analysis
    • Calculates/compares/reports ATC and Retail gross margins by product and by customer while analyzing compliance with current year targets set by senior management.
    • Tracks the actual versus standard costs on quoted items to find patterns in data to report to other departments and/or manager for corrective measures.
    • Maintains the RMB report for current program prices to limit re-quoting (limiting factory price increases).
    • Revisits price files to analyze inputs that reduce cost, reach target price points, and maximize margin.
    • Leads and presents special projects from PD Directors to maintain margins, supply required customer information, analyze margins, and maintain data integrity over all programs.
    • Analyzes 'collect' and 'pre-paid' freight options that are advantageous for ATC expenses.
    • Builds and presents special program summaries to reflect current sell prices/margins to proposed customer cost reductions.
    • Reports comparisons to senior management.
    • Works with PD managers and Directors to streamline the quoting process, especially for El Salvador make items.
    • Develops, reviews, and maintains all line-level Pricing Standard Operating Procedures.
    • Data mines existing Excel based price files for margin analysis, program summaries, and ad-hoc reporting as needed.
  • Cost Maintenance
    • Maintains the Pricing Tracker and ensures that all price request deadlines are met.
    • Analyzes price requests vs rolled out products for management review of resource allocation.
    • Performs annual/quarterly/monthly reviews of pricing inputs with various departments.
    • Reports changes that impact costs and/or margins.
    • Maintains the Pricing Template and all background tables to ensure accuracy and changes to the pricing process.
    • Ensures data integrity across all cost inputs used in the price files.
    • Analyzes best practices for data manipulation to maintain deadlines.
    • Collaborates with the Engineering team to test and price non-standard case packs, new cartons, and new projects.
    • Supports the eCommerce team with analysis of requested price reductions, holiday events, and bulk order requests.
    • Calculates individual promotional margins for Sales decision support.
    • Provides Sales Administration support to ensure rollout accuracy.
  • Pricing Database
    • Maintains high-level interdepartmental communication to ensure the latest and most current inputs are being utilized in the pricing process including gathering and analyzing freight, duty, quotes, conversion rates, allowances, warehouse distributions, overheads, and target margins.
    • Collaborates with Purchasing and Marketing to maintain a carton/packaging library to reduce one- time costs, and to estimate program needs with short deadlines.
    • Updates and implements current rework processes and costs.
    • Historically maintains price files to reflect the true rework required upon rollout.
    • Updates structures to reflect changing components, and reports cost/margin implications.
  • Duties / Customs
    • Prepares Customs documents, such as NAFTA Certificates, USMCA, Manufacturing Affidavits, County of Origin documents and Commercial Invoices.
    • Researches and interprets CBP rulings and other guidelines for proper classification and ensures compliance in export and import operations.
    • Ensures accuracy of ERP system data by entering and monitoring all HTS codes and tax rates.
    • Provides information to applicable parties for customs clearance, shipping, and pricing.
    • Acts as a liaison with US and International Customs brokers to resolve clearance discrepancies on shipments as quickly as possible.
    • Resolves Customs issues and a variety of projects as they arise i.e. audits, custom protest, reconciliations, duty drawbacks, Canadian GST, commercial invoices, custom notices, and shipping issues.
    • Reviews classification of current products to ensure lowest possible duty rates.

Qualifications:

  • Bachelor's Degree in Math or related discipline or its equivalent is required
  • Minimum 4 years of relevant work experience
  • Extensive knowledge of the U.S Customs and Border Protection Import and Export Trade laws is required
  • Strong understanding of the US Harmonized Tariff Schedule and assigning classifications, international trade agreements (preferential treatments), CAFTA, NAFTA, etc. is required
  • Ability to adapt to changing regulations and work effectively in a fast-paced environment
  • Proficiency in customs clearance software and Microsoft Office suite
  • Previous AS400 experience is preferred
  • Ability to work both independently and as part of a team
  • Strong analytical skills and attention to detail
  • Excellent communication and interpersonal skills

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