Director of Margin Management Administrative & Office Jobs - Hanover Park, IL at Geebo

Director of Margin Management

Job Description Responsible for developing and maintaining bid and pricing models to evaluate and price business and anticipated profitability.
Leads the pricing and estimating team(s) for ProAmpac and manages the price process to ensure profitable growth.
Additionally, performs a variety of duties to develop and maintain accurate price models, focusing on expanding market share and where possible, enhancing profitability.
To perform this job successfully, an individual must be able to perform each essential job function satisfactorily.
Reasonable accommodations may be made, upon request, to enable individuals with disabilities to perform the essential functions.

Commitment, awareness and involvement pertaining to ISO (policy, standards, procedures, etc.
) and food safety practices (GMPs, procedures, etc.
) are requirements of all employees.

Support the Sales and Marketing departments, as well as other internal departments, with timely and accurate profit analysis, cost estimates, and suggested price breaks.

Establishes profitability goals by market.

Develops and maintains accurate costing models, which evolve as the business evolves.

Understands and modifies costs based on information such as:
machine run rates, raw material cost, plate and graphics cost, waste, trim, machine set up cost, manufacturing routes, and margin.
Stays abreast of changes in the manufacturing and cost areas and incorporate as appropriate into pricing models.

Leads coordination of formal customer bids, which often require cross-departmental coordination, to ensure accurate and timely completion of bid submissions.

Analyzes data on low margin business and acts as a liaison between sales and manufacturing.

Conducts root cause analysis and develops corrective action plan for estimated versus actual margin variance.
Audits corrective action plan as required.
Adjusts cost models to reflect these changes as appropriate.

Tracks actual quotes by customer and market group to aid in uniform pricing to customers.

Manages the development, maintenance, and updating of customer pricing pages and pricing entry into Peoplesoft
Occasionally visits customers or tours manufacturing facilities to gain an understanding of production practices.

Demonstrates appropriate attitude in all dealings with coworkers, customers, and suppliers.

Other duties as assigned.
#urgent Requirements
Bachelors degree required, preferably in finance, accounting, business, or marketing.
Attention to detail is critical.
Estimating experience in a manufacturing environment a plus; previous managing/supervision experience preferred.
Equivalent combination of education and experience acceptable.
Area of Interest:
Finance Department:
Finance-9003 Work Place Type:
On-site ProAmpac is an Equal Opportunity Employer:
Minorities/Women/Protected Veterans/Disabled.
Recommended Skills Accounting Attention To Detail Auditing Corrective And Preventive Action (Capa) Cost Modelling Finance Estimated Salary: $20 to $28 per hour based on qualifications.

Don't Be a Victim of Fraud

  • Electronic Scams
  • Home-based jobs
  • Fake Rentals
  • Bad Buyers
  • Non-Existent Merchandise
  • Secondhand Items
  • More...

Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.