ofi North America (Olam Food Ingredients) · 1 day ago
Strategic Pricing and Finance Manager
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$95K/yr - $150K/yr
7+ years expofi North America (Olam Food Ingredients) is a global leader in food and beverage ingredients, dedicated to providing manufacturers with high-quality products. The Strategic Pricing and Finance Manager will develop and implement pricing strategies to enhance revenue and margins while ensuring accurate financial controls and forecasts, collaborating with various teams to align pricing with financial goals.
Food & Beverages
Hiring Manager
Charisse Traband
Responsibilities
Pricing Strategy & Execution
Own the inputs to the full P&L build-out, requiring coordination across functions to build out the cost of goods, freight, warehousing, and margin profiles
Manage the pricing process, including new product pricing evaluation, setup, pricing period adjustments, and end-to-end leadership of the pricing process
Perform sales analysis and reconciliation, margin analysis, and customer pull rates
Oversee customer and product profitability
Lead the annual review of production standards with plants and executive leadership to ensure cost management, optimization, full fixed and variable absorption, and product/customer margin
Financial Analysis & Forecasting
Create and maintain the plant's absorption-based production standards, including standard cost estimates, product setup costs, activity rates, creation of work cells, overhead allocations, and other standard cost-related activities
Analyze working capital by providing perpetual inventory, monitoring cycle and/or physical inventories, and reporting variances to senior leadership
Make cash flow projections for the business and provide cash requirements to the central treasury team
Prepare monthly financial closing in SAP and coordinate with the team on manufacturing-related areas
Oversee process order variance analysis, data integrity, group-level profit and loss, and spending
Manage budgeting, including the annual production plan, flux report, and updates in templates
Collaborate with the executive leadership team on forecasting and budgeting
Reporting & Performance Tracking
Provide guidance and direction to offshore finance support teams on:
+ ERP month-end closing processes (e.g., SAP)
+ Budgeting inputs and updates
+ Preparation of BRM (Business Review Meeting) dockets
+ Forecast submissions and alignment with business units
+ Variance analysis and commentary
+ Payments review and approval workflow
Reporting, including:
+ Inventory, Yield, and Cost Sheet reports
+ MATS preparation
+ Cost control initiative tracking
+ KPI dashboards for management review meetings
Direct internal reviews, including weekly, monthly, and annual financial and operational reviews with key stakeholders
Review ad hoc analysis and perform other responsibilities as assigned by leadership
Cross-Functional Leadership
Work closely with Sales and Product teams to ensure pricing strategies are competitive and customer-focused
Educate commercial teams on pricing principles and financial impact
Present pricing and profitability strategies to executives and stakeholders
Governance & Controls
Ensure pricing policies align with internal financial controls
Maintain documentation for audit and compliance purposes
Support commercial contract reviews and pricing approvals
Qualification
Required
Bachelor's degree in finance, Accounting, Economics, Business, or a related field is required
7–10 years of progressive experience in financial planning & analysis (FP&A), cost accounting, and/or pricing strategy
At least 3–5 years in a manufacturing, industrial, or supply chain environment
Demonstrated experience leading standard cost development and variance analysis
Prior responsibility for budgeting, forecasting, and reporting cycles
Experience with commercial pricing strategy and margin management is highly valued
Strong proficiency in SAP (FI/CO, PP, MM modules), and experience in month-end close and standard costing
Advanced skills in Excel, PowerPoint, and data visualization tools (Power BI, Tableau)
Solid understanding of GAAP, manufacturing cost structures, and financial controls
Strong analytical and problem-solving skills; ability to explain financial data to non-financial stakeholders
Ability to manage multiple priorities across geographies (especially onshore/offshore coordination)
Proven communication skills for executive-level presentations (e.g., BRM dockets)
Cross-functional leadership (partnering with sales, operations, and product teams)
High attention to detail and accountability for financial integrity
Authorization to work in the U.S
Willingness to occasionally travel (5–10%), particularly for plant visits or leadership meetings
Flexible working style to support different time zones (e.g., offshore collaboration)
Preferred
MBA, CMA, or CPA preferred (depending on emphasis—pricing vs. core finance)
Experience managing or working closely with offshore shared service centers is preferred
Familiarity with pricing tools (Vendavo, PROS, Zilliant) is a plus
Hands-on experience with digital finance transformation or ERP upgrades (SAP S/4HANA, etc.) preferred
Benefits
Eligible for a discretionary performance-based bonus as provided by the plan terms and governing documents
Employees (and their eligible dependents) covered through affordable access to healthcare, protection, and saving for the future.
We offer events, resources, and learning opportunities that inspire a physical, social, emotional, and financial wellbeing lifestyle for our employees and their families.
Company
ofi North America (Olam Food Ingredients)
Welcome to ofi, where our purpose is to be the change for good food and a healthy future.
10001+ employees
H1B Sponsorship
ofi North America (Olam Food Ingredients) has a track record of offering H1B sponsorships. Please note that this does not
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2025 (13)
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Funding
Current Stage
Late StageCompany data provided by crunchbase