Teijin Automotive Technologies is the world leader in the compounding and manufacturing of lightweight composite components for the transportation industries. As an innovative, full-service Tier One supplier, we offer an entrepreneurial environment where you’re only limited by your own imagination. In addition to our team-focused environment, we provide industry leading benefits. Called BENEfits4U, our comprehensive offering includes: affordable medical, dental, and vision care; flexible spending accounts; life insurance; 401k with company match and much, much more.
Job Description
Price Forecasting & Accuracy:
o Collaborate closely with the Sales team to ensure the accuracy of price forecasts through review of customer agreements.
o Provide ongoing analysis and insights into forecasted pricing changes, ensuring that pricing strategies are reflected accurately in the financial forecast.
o Evaluate historical pricing data service components, sales performance, and profit margins to identify trends, opportunities, and areas for improvement.
o Supports Program profitability analysis and financial modeling of expected impact of price adjustments
o Ensure price adjustments to IT systems, including QAD and EAM are reflected in forecast and pricing models.
Analysis of Long-Term Agreements (LTAs):
o Perform detailed analysis of LTAs to assess pricing structures, identify trends, and ensure compliance with contractual terms.
o Identify potential risks and opportunities associated with LTAs and communicate findings to key stakeholders.
Variable Index Pricing Model Analysis:
o Analyze and manage the variable index pricing model to ensure that pricing is aligned with market indexes, raw material costs, and other relevant variables.
o Provide recommendations based on the analysis of the pricing model and market conditions, optimizing pricing strategies to maintain competitiveness and profitability.
o Provides financial support for customer quotation activities and during the Project Development Process
Budget & Forecast Pricing Model Development:
o Support the forecasting and budget planning process through analysis of actual results and variances to forecast and budget, with a focus on sales volume, price, and mix.
o Support the development of pricing models for the annual budget and forecasting cycles, ensuring pricing assumptions are aligned with market trends.
o Assist in the preparation of pricing forecasts and budgets, providing analytical support to ensure accuracy and consistency in pricing assumptions across financial models.
Cross-Functional Collaboration:
o Work closely with Sales, Purchasing, and Finance teams to gather insights on market trends, cost fluctuations, and customer-specific pricing conditions.
o Support communication and coordination between departments to ensure pricing strategies are implemented effectively and consistently.
Continuous Improvement & Process Optimization:
o Identify areas for process improvements in pricing analysis and forecasting, streamlining workflows to enhance efficiency and accuracy.
o Assist in the development of pricing tools, dashboards, and reports to better track pricing performance and enable data-driven decision-making.
If you enjoy innovation, and an opportunity to learn and contribute to a growing organization, Teijin Automotive Technologies is the place for you!
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What We Do
CSP is the industry leader in the formulation and molding of lightweight, advanced composite components for the transportation industries. As an innovative, full-service Tier One supplier, we offer an entrepreneurial environment where you’re only limited by your own imagination. In addition to our team-focused environment, we provide industry-leading benefits. Called BENEfits4U, our comprehensive offering includes: affordable medical, dental, and vision care; flexible spending accounts; life insurance; 401k with company match and much, much more.
