Pricing Analyst I

Duties

• Develop and maintain pricing models that incorporate cost data, market trends, competitive intelligence, and margin targets.
• Analyze product costs, including materials, labor, freight, and overhead, to ensure pricing accuracy and alignment with financial goals.
• Monitor market conditions, competitor pricing, and customer behavior to identify pricing opportunities or risks.
• Support pricing strategy initiatives, including new product introductions, product line adjustments, and promotional pricing.
• Prepare pricing reports and dashboards for leadership, highlighting trends, variances, and recommendations.
• Evaluate pricing performance by product line, region, and customer segment.
• Collaborate with Sales, Product Management, Finance, Engineering, and ECAT Teams to ensure pricing decisions are informed, consistent, and aligned with business objectives.
• Partner with ECAT and ERP system teams to ensure pricing logic, product rules, and pricing outputs are accurate and aligned across platforms.
• Maintain pricing databases and tools, ensuring data integrity and timely updates.
• Aid in quote reviews, providing analysis and guidance on non-standard pricing requests.
• Identify process improvements to enhance pricing efficiency, accuracy, and responsiveness.

Job Requirements

• Requires a bachelor’s degree in finance, Economics, Business, Accounting, Mathematics, or a related field.
• Strong analytical skills with the ability to interpret complex data sets.
• Strong analytical and quantitative skills with proficiency in data analysis tools such as Excel, SQL, Python, & Power BI/Tableau.
• Excellent communication skills, with the ability to present findings clearly to both technical and non-technical audiences.
• High attention to detail and strong organizational skills.
• Preferred Experience in manufacturing, HVAC, or other engineered-to-order industries.
• Familiarity with ERP systems (e.g., SAP, Microsoft Dynamics).
• Knowledge of cost accounting principles.
• Experience with statistical analysis or pricing optimization tools.

Key Competencies

• Data-driven decision-making
• Business acumen
• Cross-functional collaboration
• Problem-solving and critical thinking
• Adaptability in a fast-paced environment

Essential Mental And Physical Functions

• Critical thinking
• Strategic planning
• The ability to manage multiple projects simultaneously.
• Comfortable making decisions with incomplete information and adapting to changing priorities.

Physical Requirements

• Ability to sit or stand for extended periods in an office or manufacturing environment.
• Occasional travel to customer sites, trade shows, or manufacturing facilities.
• Use of standard office equipment and occasional exposure to production floor conditions.

Work Environment

• Work is primarily performed in an office setting with regular interaction with engineering labs and manufacturing areas.
• The role involves frequent collaboration with internal teams and external stakeholders.
• Occasional travel may be required to support product launches, customer visits, or industry events.