Pricing Analyst

Responsibilities

• Evaluate sales performance, pricing structures, and profit margins to provide recommendations aimed at improving pricing strategies and increasing revenue.
• Perform detailed analysis of both new and established customer data to identify market trends and competitive positioning.
• Examine how products are priced relative to competitors and market conditions, ensuring profitability and suggesting adjustments when needed.
• Partner with business unit leaders to compile and interpret pricing data to support long-term strategic decisions.
• Support sales teams by providing ongoing, data-informed guidance for pricing and promotional activities.
• Maintain accurate baseline pricing and ensure price data integrity within ERP systems.
• Review and update pricing documentation to confirm all information remains current and correct.
• Act as a resource for customer-related pricing questions, providing clear and timely responses.
• Collaborate with Marketing teams to confirm accurate base and distributor pricing ahead of new product introductions.
• Create and manage pricing tools and models that measure how pricing decisions impact sales outcomes and profitability.
• Conduct additional analyses as needed to support pricing initiatives and marketing efforts.
• Contribute to special assignments and projects as required.
• Continuously meet business needs by delivering insights through data analysis and strategic recommendations.
• Work alongside the Credit team to evaluate and approve invoice credits, pricing discrepancies, and exceptions.
• Recommend and implement improvements that increase pricing accuracy and overall profitability.

Requirements

• A minimum of 4 years of experience in pricing analysis or a similar analytical role.
• A high school diploma or equivalent is required.
• A bachelor’s degree is preferred.
• Utilize in-depth expertise with Mapics and Mincron platforms to manage and update product details and pricing information accurately.