Finished Goods Pricing Specialist

Finished Goods Pricing Specialist

Department: Finance / Accounting / Pricing
Industry: Food Manufacturing
Position Type: Full-Time

Position Summary

We are seeking a detail-oriented and analytical Finished Goods Pricing Specialist to oversee product costing, pricing accuracy, and profitability analysis within a fast-paced manufacturing environment.

This position is responsible for calculating and maintaining accurate finished-goods costs, ensuring all cost components-including raw materials, ingredients, packaging, labor, freight, and overhead-are properly accounted for in pricing models.

The ideal candidate will have a strong background in manufacturing cost accounting, pricing analysis, and financial reporting, along with the ability to collaborate across Sales, Operations, Purchasing, Accounting, and Logistics.

This role will also support cost-reduction initiatives, productivity improvements, margin optimization, and strategic pricing decisions.

Key Responsibilities Product Costing & Pricing

• Perform detailed cost rollups for finished goods, ensuring accurate allocation of materials, packaging, labor, freight, and manufacturing overhead.

• Calculate, establish, and maintain finished-goods pricing using established pricing methodologies and current cost information.

• Monitor fluctuations in raw material, packaging, labor, transportation, and overhead costs to ensure pricing remains accurate.

• Review bills of materials (BOMs), ingredient costs, packaging specifications, and manufacturing expenses to identify pricing discrepancies.

• Evaluate the financial impact of new products, reformulations, packaging modifications, and changes to existing products.

• Maintain accurate pricing information within company systems, spreadsheets, and costing workbooks.

Financial Analysis & Profitability

• Analyze customer- and product-level profitability, identifying margin opportunities, cost drivers, and pricing inconsistencies.

• Develop detailed cost and margin analyses to support business decisions.

• Prepare management reports highlighting finished-goods costs, pricing trends, profitability, and operational performance.

• Identify manufacturing cost variances and recommend opportunities for improved financial performance.

• Support cost-of-goods-sold (COGS) reduction initiatives and cost-saving strategies.

• Assist with activity-based costing, productivity tracking, and manufacturing efficiency analysis.

Cross-Functional Collaboration

• Partner with Sales and Commercial teams to establish competitive and profitable pricing for new and existing products.

• Collaborate with Operations and Purchasing to evaluate changes in commodity prices, supplier costs, packaging, and production expenses.

• Work closely with Accounting to ensure accurate cost reporting and financial system information.

• Coordinate with Logistics to develop landed-cost models that incorporate transportation and distribution expenses.

• Support new business opportunities by preparing accurate pricing proposals, quotes, and bid analyses.

• Present financial findings, pricing recommendations, and cost-saving opportunities to management and operational teams.

Reporting & Process Improvement

• Research and resolve pricing discrepancies, costing inaccuracies, and financial data inconsistencies.

• Maintain organized documentation supporting product costs, pricing calculations, and profitability analyses.

• Identify opportunities to improve pricing processes, costing methodologies, and reporting accuracy.

• Assist with special projects involving pricing, financial analysis, manufacturing costs, and operational improvements.

• Perform additional duties as assigned.

Qualifications & Experience

Required Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.

• 5 7 years of cost accounting, product costing, or pricing experience within a manufacturing environment.

• Strong understanding of manufacturing cost structures, including direct materials, labor, overhead, and freight.

• Experience analyzing bills of materials (BOMs), manufacturing variances, production costs, and product profitability.

• Demonstrated ability to evaluate complex financial and operational data and develop actionable recommendations.

• Experience supporting pricing decisions, margin analysis, and cost-reduction initiatives.

• Ability to communicate financial findings and recommendations effectively to senior leadership and cross-functional teams.

Technical Skills

• Advanced proficiency in Microsoft Excel, including complex formulas, data analysis, and financial modeling.

• Experience working with ERP systems and automated accounting or manufacturing systems.

• Strong knowledge of cost accounting principles, pricing methodologies, and financial reporting.

• Ability to develop and maintain detailed costing spreadsheets, pricing models, and management reports.

• Proficiency in Microsoft Office applications.

Key Competencies

• Exceptional analytical, problem-solving, and organizational skills.

• Strong attention to detail and commitment to accuracy.

• Excellent written and verbal communication skills.

• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

• Strong interpersonal skills and ability to collaborate with various departments.

• Proactive, solution-oriented approach to identifying and resolving cost and pricing issues.

• Ability to work independently while contributing effectively to a team.

Ideal Candidate

The successful candidate will bring a solid foundation in manufacturing cost accounting, finished-goods pricing, and profitability analysis, with the ability to translate complex cost information into meaningful business insights.

Experience in food manufacturing or another high-volume production environment is particularly valuable. The individual should be comfortable working closely with plant operations and financial leadership to improve pricing accuracy, protect margins, and identify opportunities for operational cost savings.