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Pricing Analyst

Apply Now Submit a Referral Job ID REF12604U Date posted 02/23/2024 Address 325 West Main Street, Louisville, KY Job Type Full-time Job Status Exempt

Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a diversified, Fortune 200 manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries. Ranked among Fortune Magazine’s most admired companies, the company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions. These divisions serve customers and markets around the globe, with a significant presence in developed as well as emerging markets.

Illinois Tool Works (ITW), is a Fortune 200 global multi-industrial manufacturing leader. 

 Vulcan Equipment Division
For more than 150 years, Vulcan has been recognized by chefs and operators around the world as the best-in-class supplier for premier, energy-efficient foodservice equipment. Trusted for durable design, precision performance and state-of-the-art innovation, professionals rely on Vulcan equipment to produce spectacular culinary results each and every time. 

SCOPE and RESPONSIBILITY

This position is responsible for understanding all Vulcan Food Equipment Group product lines, their uses, applications, and pricing. This is the primary contact for territory reps, as well as customers, key dealers, and other influences of product purchase decisions. Telephone and email diplomacy are critical to success in the function.

BASIC FUNCTION:
Assists in the analysis and maintenance of the organization’s pricing structure and handle customer requirements for Vulcan Food Equipment Group’s sales functions. Requires product knowledge and substantial independent judgement.
 

 


 Pricing

  • Maintain the accuracy of the organization’s pricing database
  • Assist the Customer Service department to resolve pricing discrepancies 
  • Coordinate annual price increases and update all price lists within the company’s ERP system.
  • Create and maintain special pricing for programs, dealers, chains and customer groups
  • Provide the sales team with price sheets for select programs
  • Complete new customer set-up after approval from Credit department

Commissions

  • Prepare the monthly commission accrual
  • Handle adjustments to the designations of origination, specification, and destination of territories commissions
  • Provide the Accounts Payable function with commissions payment data.
  • Handle commission inquiries from sales representatives
  •  

Sales Performance Incentive Fund (SPIFF) Program 

  • Maintain file of all SPIFF programs and appropriate approvals
  • Establish & maintain SPIFF campaigns and eligible payees on the organization’s sales portal
  • Receive, review, and process request forms for payment
  • Field inquiries from sales representatives pertaining to payments and eligibility

Other Duties

  • Assist the accounting department with the month end close process by preparing journal entries
  • Provide financial analysis support and ad hoc reporting to sales management, reps, business unit managers, etc. for data not available in the organization’s sales portal
     

Qualifications:

Qualifications:

  • Requires a bachelor’s degree
  • Excellent oral, interpersonal, and written communication skills 
  • Proficient in Microsoft Office – especially Excel and Access
  • Ability to plan and coordinate multiple projects and responsibilities as an individual contributor or as a member of a cross-functional team
  • Excellent follow-up skills and attention to detail
  • They should also be detail oriented and possess strong mathematical, verbal, and written skills
     

PHYSICAL REQUIREMENTS/ WORKING CONDITIONS:

  • Work in Louisville KY, office environment
  • Regularly required to sit at a desk and work on a computer.

CANDIDATES MUST BE AUTHORIZED TO WORK IN THE US
To learn more about more about the company please visit: www.linkedin.com/company/vulcan-hart-a-division-of-itw-feg/about/?viewAsMember=true

 ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.  
 

 

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.  

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At ITW, we value our colleagues' unique perspectives, experiences, and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

Equal Opportunities

ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status, or any other characteristic protected by applicable federal, state, or local laws. Read more information here.

If you are a qualified individual with a disability and are unable or limited in your ability to use or access this online application system process due to your disability, please email corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.