Pricing Specialist
Sensient Technologies
- Pay
- $75K to $95K
- a year
- Location
- Turlock, CA
- Work style
- On-site
- Job type
- Full time
- Posted
- Nov 5
- 2 days ago
Career path
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About the company
Sensient Technologies
Food production · 1,001 to 5,000 employees
Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors, and extracts. Sensient employs advanced technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty colors, and other specialty and fine chemicals. The Company's customers include major international manufacturers representing most of the world's best-known brands.
What you'll do
- Develop a strong understanding of Sensient's products, applications, product differentiation, and value proposition to support effective pricing strategies.
- Partner with Product Management, Sales, and other cross-functional teams to understand product value, cost drivers, market positioning, and customer needs when developing pricing recommendations.
- Leverage product knowledge, market insights, historical sales data, and product economics to identify pricing opportunities that drive profitable growth.
- Analyze pricing and margin performance to identify opportunities to optimize pricing, strengthen profitability, and align pricing decisions with business objectives.
- Enter customer agreements and other applicable contract information into JD Edwards, ensuring accurate and timely system entry.
- Create and initiate contract routing workflows to facilitate agreement review and approvals.
- Track contracts throughout the routing process, monitor approval status, and follow up with stakeholders to support timely completion.
- Coordinate with Sales, Customer Service, and other internal departments to resolve missing information, contract discrepancies, and routing delays.
- Maintain accurate contract records and supporting documentation in accordance with established procedures.
- Verify agreement details and ensure contract terms and pricing information are accurately reflected in the appropriate systems.
- Monitor outstanding agreements and communicate status updates, pending approvals, and processing issues to relevant stakeholders.
- Identify opportunities to improve contract entry, routing, tracking, and documentation processes.
- A 4-Year College Degree, Business Management Degree preferred
- 2-4 years' experience in pricing analysis, pricing administration, contract administration, or business operations role preferred
- Strong analytical skills to compare past and current sales records to support market-based and value-based pricing decisions.
- Excellent written and verbal communication skills as pricing analysts work with team members at all levels, including account managers and executive team members.
- Strong attention to detail and a demonstrated ability to maintain data accuracy and consistency across multiple systems and records.
- Advanced MS Excel, working knowledge of CRM software such as Salesforce, and ERP systems such as JDE, and other business intelligence systems.
- Opportunity to collaborate with colleagues across multiple business functions, onsite 5 days per week
- Opportunity to contribute to pricing strategy, process improvements, and business operations.
- An excellent salary, bonus and benefit offering and development opportunities
- A thorough and effective training experience during onboarding and beyond
What you need
- Strong analytical skills to compare past and current sales records
- Excellent written and verbal communication skills
- Strong attention to detail and ability to maintain data accuracy
- Advanced MS Excel, working knowledge of CRM software and ERP systems
- Business Management Degree (preferred)
- 2-4 years' experience in pricing analysis, pricing administration, contract administration, or business operations (preferred)
- Education: a bachelor's degree
Key skills
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Perks
- bonus
- benefit offering
- development opportunities
- training experience
See full description on company page, apply now