Pricing Analyst
About the role
HF Sinclair is seeking a Pricing Analyst who will be responsible for analyzing market trends, executing pricing strategies, and developing pricing models to optimize revenue and profits for company products and services in an assigned Marketing region. Additionally, the role is responsible for executing daily price changes, identifying potential risks or opportunities, and making recommendations to senior management.
Responsibilities
- Conducts research and analysis to determine competitive pricing strategies for wholesale products.
- Collects and reviews data related to customer demand, market trends, and product costs to develop pricing models.
- Leads collaborative efforts with sales teams to understand customer needs and price sensitivities to create tailored pricing plans.
- Leads cross-functional teams for the assigned Marketing region, including sales, marketing, supply, and operations, to develop and execute pricing strategies that align with overall business objectives.
- Creates and manages pricing structures, including discounts, to support sales growth and profit margins.
- Identifies, analyzes and recommends opportunities for cost savings or increased profitability.
- Stays current on industry trends, regulatory changes, and economic indicators that may impact pricing decisions.
- Monitors pricing changes in the market and adjusts pricing strategies accordingly.
- Communicates pricing strategies and recommendations to senior management.
- Builds and maintains strong relationships with internal teams, external vendors, and customers.
- Special assignments or tasks assigned by the supervisor, as determined from time to time in their sole and complete discretion.
Requirements
- A minimum of 5 years related work experience is required.
- A minimum Bachelors degree in finance, economics, business or related field is required.
Skills
- Strong analytical and problem-solving skills.
- Ability to work independently and collaboratively with cross-functional teams.
- Proficiency in data analysis tools such as Microsoft Excel, and experience with data visualization tools, such as Tableau, MarketView or Power BI.
- Understanding of pricing models and strategies.
- Effective and productive communication and interpersonal skills.
Preferred skills:
- Knowledge of statistical analysis and forecasting techniques.
- Experience with pricing software and systems.
Supervisory/Managerial Responsibility
Not specified.
Work Conditions
Office based.
Benefits
HF Sinclair offers a comprehensive benefits package designed to support the well-being of employees and their families. Benefits include, but are not limited to, the following:
- Medical Insurance
- Vision Insurance
- Dental Insurance
- Paid Time-Off
- 401(k) Retirement Plan with match
- Educational Reimbursement
- Parental Bonding Time
- Employee Discounts
HF Sinclair is committed to fostering a supportive and inclusive work environment, ensuring employees have the resources needed to thrive professionally and personally. Benefit eligibility is governed by official plan documents.
Physical Requirements
Job conditions require sitting, talking or hearing, making visual inspections, making precise hand and finger movements, reaching or grasping, and perceiving color differences. Job conditions may require standing, walking, twisting, stooping, crouching, kneeling.