Note: The job is a remote job and is open to candidates in USA. Sonoco is a global packaging solutions company serving diverse markets through its portfolio of brands and sustainable packaging operations. The Commercial Analyst develops cost estimates and pricing strategies for quotation and bidding processes, analyzes market and profitability data, and drives margin improvement. The role also monitors pricing performance, manages customer price change mechanisms, and provides analysis to division management.
Responsibilities
- Utilizes data, mathematical modeling, analytical skills, judgment, and decision making to develop selling prices for assigned customers and markets or for new customer/product prospects
- It’s expected that the Analyst will take a leadership role in applying division profit objectives, identifying profit improvement opportunities, and developing pricing targets that align with market strategies
- Uses knowledge to maximize division profitability through analysis, good judgment, and decision-making skills
- Provides oversight and takes a leadership role in the design and execution of customer price change mechanisms. Analyst should remain current on raw material cost movement and changes in manufacturing costs to effectively use these mechanisms to adjust selling prices
- Identify and implement margin Improvement Initiatives. Develops and maintains key customer relationships
- Performs ad hoc analysis for division management as needed. Adheres to the highest degree of business ethics, sound business operating philosophy, cost accounting principles, and all company policies and procedures
Skills
- 3+ years of commercial analyst experience
- BS degree
- Ability to work under pressure while meeting tight deadlines
- Strong Microsoft Excel, Word, and PowerPoint skills
- Strong analytical skills and a high level of attention to detail are necessary
- Understanding of P&L basics
- Good organizational skills specifically around the management, analysis, and processing of large amounts of data to arrive at desired outputs
- The candidate should have a proven ability to deliver efficient, high-quality performance in a pricing and mathematical modeling environment
- Multi-tasking, strong collaboration, and team leadership skills – with a variety of projects ongoing at once
- Self-motivated
- Knowledge of Optivision ERP and Price FX would be considered an advantage
Benefits
- Annual target bonus of 7.5% of base salary for Commercial Analyst IV
- Annual target bonus of 7.5% of base salary for Senior Commercial Analyst
- Medical, dental, and vision coverage for you and your dependents, including FSA and HSA options (for employees located in the U.S.)
- 401(k) retirement plan with company match (for employees located in the U.S.)
- Wellbeing tools and resources to support holistic health, including an Employee Assistance Program with a variety of services (for employees located in the U.S.)
- Paid time off and holidays to recreate, rejuvenate and care for the health of yourself and family (for employees located in the U.S.)
- Variety of company paid and voluntary employee-paid insurance plans including life, personal accident, and disability insurance (for employees located in the U.S.)
- Tuition reimbursement (for employees located in the U.S.)
Company Overview
Company H1B Sponsorship