Careers

March 25, 2024

Cost Price Analyst

American Fruits and Flavors continues to grow and so are the great opportunities within! We are currently looking for a Cost Price Analyst to join our winning team. The Cost Price Analyst has to be a "critical thinker" who can operate with autonomy, embrace accountability and has a mindset for continuous improvement. AFF offers a great working environment, competitive salary, stability and potential growth.

General Description of Duties

This position is required to regularly review and update all of products pricing and related costing. This position reports to the Director of Finance and will have a dotted-line reporting to the Director of Sales. The Cost Price Analyst will perform various pricing, costing and related accounting tasks as listed in the essential job functions. This individual must maintain a positive work atmosphere.

Essential Job Functions

PRICING:

- Establish selling prices on newly developed products using the unit pricing module of the company’s internal system (Food and Beverage System) based on input from the R&D and Sales departments.
- Periodically review and proactively update of all products pricing prior to expiration date. The review should be conducted whereby all products are reviewed a minimum of one time per year, or as needed, depending upon market conditions and trends.
- Update the Sales Quote System regularly based on demand from new customer purchase orders and from the Sales Team quotes and complete the updates within 24 hours.
- Assist in the establishment and maintenance of proper volume discount programs/systems.

COSTING:

- Working with the Purchasing and R&D Teams, stay up-to-date on market and seasonal conditions (supply/demand) of various commodity products/ingredients and anticipate trends to adjust pricing accordingly at the right time.
- Update and maintain the unit-costing module of our internal system by reviewing the daily company’s purchasing and external market data.
- Collect and analyze the material costs of the purchased raw materials and production process costs.
- Assist in the development and maintenance of a Standard Material and Labor Costing System.
- Analyze and report on the sales volumes (in lbs.) and gross margin calculations and profitability trends.
- Assist in the monthly accounting close relating to COGS and inventory valuations & reserves.

This description reflects the principal functions of the job for the purpose of job evaluation. It should not be construed as a detailed description of all work requirements of the job, nor shall be construed as giving exclusive responsibility for function described. Other duties and responsibilities may be assigned if deemed necessary.

Requirements

- Bachelor’s degree (Managerial or Accounting Degree highly desirable)
- Strong skills with MRP systems and Microsoft Excel & PowerPoint
- Experience in working with and managing large databases
- Proficient in accounting, statistics, charting, and trend analyses
- 3 years of general and/or cost accounting experience (standard costing environment preferred)
- Strong acumen with numbers, analysis, systems, and pricing/costing concepts
- Excellent interpersonal skills (both written and verbal) to work together with various departments
- Strong attention to detail and accuracy & quality of work

LOCATION
Pacoima, CA
DEPARTMENT
Sales
JOB TYPE
Analyst
SALARY RANGE
65-85K
Compensation Range: Actual salary/hourly wages are determined upon a variety of factors such as level of experience, skills, education and /or certifications, and location.
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