Pricing Analyst
We are looking for an energetic and ambitious Pricing Analyst provide overall direction to managers and cross functional teams to help establish pricing strategy that aligns with the enterprise wide pricing system. The Pricing Analyst will ensure consistency and continuous improvement in the pricing system and optimization of gross margin results.
- Lead and develop company pricing strategy with SBU leadership in order to meet yearly gross profit objectives.
- Develops ideas and baseline metrics to identify and develop pricing processes and measure models for optimal pricing effectiveness to drive gross margin improvements.
- Partners with business unit leaders, pricing team leaders, as well as cross functional teams to align sales and pricing strategy. Promotes and influences with ideas in proposing innovative solutions that optimally align price with value to drive revenue, customer retention, profit, etc.
- Authorizes or directs who authorizes all matrix pricing records including changes, additions, and overrides.
- Evaluates effectiveness of pricing strategies, identifies gaps and opportunities; develops and implements processes to reduce pricing overrides.
- Researches and analyzes Market based pricing to support pricing strategy.
- Responsible for training on pricing strategies and making informal presentations to provide brief, easy to understand insights and recommendations.
- Participates in companywide Pricing Best Practices team.
- Review, manage and maintain pricing data (contracts, libraires, supplier files, etc.)
- Other duties as assigned.
- Sound analytical and problem solving skills and experience driving insights from data, trends in both pricing and sales analytics.
- Must be able to develop thorough understanding lead-to-order process – product/service price list, configure/price/quote (CPQ), order management, etc.
- Demonstrated experience in developing and obtaining support for business plans and strategies by influencing cross-functional management
- 6-8 years of experience in Pricing & Sales Analytics and at least 3 years leading a team within a distribution environment.
- Proven ability to manage pricing strategy across various channels in a multi-location environment beneficial.
- Bachelor’s Degree; preferably in Finance / Business with strong analytical background.
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