Profitability Analyst Job

Profitability Analyst Job Description

Do you have a background in analyzing complex datasets and a love for working with numbers? Are you looking to be a high contributor to a company that values your skills and hard work, provides you with a work-life balance, and treats you as a person not a number? If so, then the Profitability Analyst position at Ginsberg’s Foods may be the right fit for you!

The Profitability Analyst is responsible for optimizing our company’s margins by analyzing market trends, managing pricing structures, driving operational efficiencies, and collaborating with cross-functional teams to ensure our pricing strategies meet the company’s objectives. While deploying a keen analytical mind and strategic thinking, this position will deliver high value by building upon existing company initiatives to increase company profitability.

“Ginsberg’s is truly an excellent place to be! It’s a breath of fresh air” – Ginsberg’s Foods Driver 

Weekly Work Schedule

• Monday thru Friday, 8 am – 5 pm. 

Profitability Analyst Job Salary

• Salary ranges from $60,000 – $70,000 annually based on level of experience.

Essential Analyst Job Requirements:

• Provide insight and recommendations on all pricing strategies and processes. This includes but is not limited to general market price performance, targeted inflation/deflation, and promotional activity.
• Margin optimization: set and adjust prices for products, considering factors like demand, seasonality, and cost fluctuations.
• Ensure accurate and timely implementation of price changes across the organization.
• Develop a deep understanding of critical cost factors that in turn drive pricing and margin enhancement strategies and tactics.
• Review financial data, including sales, costs, margins, and expenses to identify trends, variations, and opportunities to improve gross and net margins.
• Run and evaluate daily, weekly, monthly margins reports; by creating, analyzing, and distributing analysis and recommendations.
• Outlier and exception troubleshooting and resolution.
• Develop process and reporting to track and report on pricing actions and performance, including tracking price changes through to the gross margin level.
• Create a culture of partnership with the sales team whereby the market, customer segment, and market competitiveness are factored into recommendations for margin enhancement.
• Analyze inventory evaluations to find review costing issues, inventory value changes and align with purchasing on inventory cost changes.
• Identify margin opportunities for customers and products and develop recommended actions to improve profitability and competitiveness within the market over time.
• Utilize all market analysis tools to stay informed about industry trends, market dynamics, and competitive performance to support informed and recommended pricing structures.
• Analyze the components that drive net margin, including identifying trends and efficiencies in our operational expenses.
• Price setting and execution: set and adjust prices for products, considering factors like demand, seasonality, and cost fluctuations. Ensure accurate and timely implementation of price changes across the organization.
• Collaboration with contract and vendor billing departments.

Knowledge, Skills, and Abilities:

• Strong analytical skills are necessary to monitor KPI’s and trends.
• Excellent written and verbal communication skills are necessary for collaboration with team members at all levels. This includes procurement, inventory, sales, IT, and the executive team.
• Possesses a high attention to detail and accuracy that is crucial in the analysis of large and disparate datasets.
• Driven, self-motivated and directed.
• Excellent interpersonal and active listening skills.
• Strong business acumen, serving to identify profit opportunities that are material versus insignificant.
• Advanced computer skills, including Microsoft Office Suite.
• Ability to create reports and generate queries and toolsets.
• Expertise to be methodical in approach to consistently meet deadlines.
• Working knowledge of business logic, statistics, and process flow concepts.
• Ability to create forecasts and conceptualize profitability models.

Education/Experience (Preferred Minimum Qualifications):

• A mix of education and/or experience working with and analyzing complex datasets. Ideally a focus on statistics, economics, engineering, data science, or other related areas.
• No food service experience necessary. A comprehensive on-board training program will provide insight into the food service distribution.

Great benefits are waiting for you:

• 401(k) & Roth 401(k) savings plans with company match
• Healthcare insurance (health, dental, vision)
• Paid vacation, sick time, and holidays
• Employee assistance programs
• Company-provided life insurance
• Access to on-site Physical Therapists and Occupational Therapists
• Access to home-care services
• Employee discounts in our Will Call Center

About Ginsberg’s Foods

Ginsberg’s Foods is a fourth-generation family-owned and operated food distributor, located near Albany New York, in business since 1909. We foster a welcoming workplace culture, embracing engagement and development, and attracting, recruiting, and retaining a diverse workforce.  We adhere to our core values; Respect for all people, excellent customer service, building strong relationships, and a dedicated commitment to community.

Applying is quick and easy!

If the Profitability Analyst seems like the right fit for you, simply answer a few short questions. Our Recruiter will give you a call if you meet our requirements! Feel free to check out our current job openings here at Ginsberg’s Foods or learn more about some of our Employee Programs.