Griffith Foods · 3 hours ago
Profitability & Pricing Manager
Alsip, IL
Full-time
Hybrid
Mid, Senior Level
$100K/yr - $140K/yr
5+ years expGriffith Foods is a family-owned business focused on innovative food product development. The Profitability & Pricing Manager will lead analytical support for pricing strategies, collaborate with various departments to enhance profitability, and ensure pricing processes align with the company's objectives.
Food and BeverageFood ProcessingProduct Management
No H1B
Responsibilities
Lead analytical support for senior leadership, Sales, and other internal stakeholders to develop and execute value-added pricing strategies and business proposals
Support Sales with pricing activities with a focus on margin improvement, business analytics and sales reporting. Synthesize current business intelligence or trend data to support recommendations for pricing action. Recommend and develop improvements to be existing pricing process, guidelines and strategies
Work with product development (R&D) to gather and analyze data, and make recommendations that can be implemented into revenue-generating products
Develops and executes profitable pricing strategies and business proposals in alignment with our company Purpose and strategy through partnering with, purchasing buyers, product managers and sales organization to assure integrated plus profit maximizing approach to market
Oversee departmental policies that ensure pricing team actively participates in recommending target pricing strategies/guidelines at the client level to achieve desired business results, and through regular analysis, identifies and implements actions needed to pursue profit improvements. Continuously reviews and implements improvements to the existing pricing process, guidelines, and strategies
Develops financial scenario models and proposes pricing options based on value-add, market and competitive information to drive financial performance to achieve profit and growth objectives
Leads execution of account profitability analysis and price review process as needed using Protocols system and reports to maintain or improve profitability
Leads sales volume budgeting process and assists in financial forecasting through effective collaboration and communication with Sales and detailed analysis
Develops budget pricing plan to ensure all cost escalation is covered in pricing action to protect Griffith margin
Ensures new business activities achieve contribution margin and gross margin targets, and challenges sales to provide rationale on quotes below company guidelines
Develop and implement metrics to guide resource investment and support key business decisions to drive our Purpose-driven strategy forward
Ensures system pricing agreements are in place and up-to-date
Leads by consistently setting clear direction; Defines goals and priorities and develops a high degree of trust through demonstrated personal integrity, ethics, and a commitment of doing the right thing. Energizes others to commit to achieving the highest standards; establishes and maintains an environment that encourages everyone to act in the best interest of the company
Qualification
Required
Bachelor's degree (BA or BS) in accounting or finance from a four-year college or university
5+ years related experience in a pricing role
Possess Technical pricing skills basic rudiments with a strong understanding of how raw material cost effect pricing
People management experience
Excellent analytical, computer and communication skills
Candidates must currently possess unrestricted authorization to work in the United States. Work visa sponsorship is not available for this role
Preferred
MBA Preferred
Experience in the food processing industry
Benefits
Medical
Rx
Dental
Vision
Flexible Spending & Health Savings Accounts
EAP
Health Advocacy
Financial Planning
Parental Leave
Care.com
Adoption & Surrogacy Assistance
Education Assistance/Tuition Reimbursement
Safety Reimbursement
Lifestyle Spending Account
Group Life & AD&D
Voluntary Life Insurance
Short Term & Long Term Disability
401(k) Plan with Company Match
ESOP
PTO
Holiday’s & Leaves
Accident Insurance
Critical Illness Insurance
Hospital Indemnity
Home & Auto Insurance
Pet Insurance
Identity Theft Protection
Long Term Care + Life Insurance
Legal Assistance
Company
Griffith Foods
Griffith Foods is a product development partner that specializes in high-quality food ingredients.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$60M2019-01-30Debt Financing· $45M
2014-11-14Debt Financing· $15M
Leadership Team
T.C Chatterjee
Chief Executive Officer
Brian Griffith
Executive Chairman
Recent News
FoodHack Weekly
2026-01-16
2025-11-28
Food Business News
2025-11-15
Company data provided by crunchbase