Pricing Sr Specialist
Job Summary
Develops pricing strategies to meet customers' needs while providing a profit for the organization
Determines core business costs of service in support of pricing/tariff development
Designs, implements and maintains pricing infrastructures
Evaluates effectiveness of pricing strategies and modifies pricing structures as needed
Provides reporting and documentation of pricing structures and serves as the point-of-contact for pricing inquiries from internal sales department, but not customers
Impact of the Role
Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines
Solves complex problems
Works independently, receives minimal guidance
May lead projects or project steps within a broader project or may have accountability for on-going activities or objectives
Acts as a resource for colleagues with less experience
Consistent exercise of discretion & judgment
Essential Functions
- Develops pricing models for organizational goods and services.
Collections and analyzes data relating to current and predicted market conditions, cost overhead, or competition pricing in order to recommend pricing strategies or standardizing pricing guidelines
Balances project needs with expected product demand to maximize revenue, market share, or profit margin
Models pricing adjustments to predict the impact of pricing changes on organizational performance. May provide customized pricing to the sales team.
Required Qualifications
- Required education and experience: Associate's Degree and 5-7 years' experience OR Equivalent Combination of Relevant Education &/or Experience
Critical professional related technical skills; computer skills: Proficient in Microsoft Office (Excel, Word, PowerPoint)
Preferred Qualifications
- Preferred education and experience: Bachelor's Degree
Discipline/Major: Finance or related degree preferred.
Knowledge, skills & abilities: Oral and written communication skills. Analytical thinking skills. Statistical knowledge. Detail oriented. Ability to meet deadlines.