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Form of workWhy Work at Banner?
For over 50 years, Banner Engineering has been at the forefront of some of the biggest industry trends, such as the Industrial Internet of Things (IIoT), and our photoelectric, ultrasonic, and vision sensors, LED lights and indicators, monitoring solutions, and other safety products are used by Fortune 500 companies and industry leaders worldwide. Banner is a rapidly growing company that offers many personal development opportunities, an excellent benefits package, and a collaborative team of employees who are passionate about what they do.
Position Summary
This is a newly created role that will be a very important team member at Banner Engineering. The Pricing and Commercial Senior Analyst will be responsible for the strategic and tactical implementation and maintenance of global pricing (both external and intercompany). The successful candidate will become the go-to Pricing expert at Banner; understanding the details of the pricing structure, working cross-functionally to identify creative pricing solutions and lead continuous improvement efforts around pricing processes. In addition, this role will be a key partner supporting the Finance and Commercial teams, helping to drive improved accountability, profitability and financial analysis. The Pricing and Commercial Senior Analyst will identify and implement best practices, SOPs and standard process documentation.
This position reports to Commercial and Operations Finance Director.
According to the FLSA (Fair Labor Standards Act), this position is classified as:
· Non-Exempt/Exempt, based on the Executive/Administrative/Professional/Computer Employee/Outside Sales Exemption
What You’ll Be Doing
Pricing
· Lead semi-annual price change process, working closely with the Finance, Product Management and Commercial teams.
· Daily price maintenance/updates, including ensuring that product profit margins meet desired thresholds.
· Low margin review and Special Price Agreement analysis.
· Identifies and implements best practices, SOPs and process documentation.
· Works cross functionally with Product Management, Engineering and Commercial Sales teams.
Commercial
· Leads development of Sales budgets and tracking, working closely with Finance and Sales leadership.
· Sales Manager Incentive plans and calculation.
· Sales Representative commissions calculation, tracking and payout.
· Help with the development of Commercial KPIs, tracking and follow-ups/actions.
· Assisting with financial analysis, month-end duties, and/or special projects as requested.
What You Bring to the Table
To perform this job successfully, you must be able to perform each essential duty satisfactorily, and regular attendance is required. The requirements listed below are representative of the knowledge, skill, and/or ability required to perform this job. Reasonable accommodations may be made to support individuals with disabilities.
Required
· Bachelor’s degree in MIS, Finance, Accounting, or related field
· Minimum five years of experience in a Financial Analyst role
· Financial modeling, including price/margin analysis
· Strong knowledge of the Microsoft Office Products (mainly Excel, Outlook, etc)
· Good listening skills and desire to learn
· Ability to communicate with team members at all levels of Banner
What to Expect at Work
· Physical Demands
The physical demands described here must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to support individuals with disabilities.
o Sit for up to 8 hours per day
o Exposed to a computer screen for up to 8 hours per day
o Utilize a computer mouse, keyboard, computer, and other standard office equipment
o Required to talk or hear frequently
· Working Environment
The work environment characteristics described here are representative of those you may encounter while performing the essential functions of this job.
o Corporate office environment – indoor and climate-controlled
Pay and Benefits
Banner Engineering is committed to offering competitive pay and benefits, including, but not limited to:
· 401(k) with match
· Student Loan 401(k)
· Profit Sharing Bonus
· Medical, Dental, and Vision Insurance Plans
· HSA
· Flexible work hours
· Life Insurance
· Paid Parental Leave
· Pet Insurance
· Paid Time Off (PTO)
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