Pricing Analyst Job Description
Pricing analyst
provides monthly/quarterly reporting using various systems (Excel, Tableau, etc.) to accelerate the deployment of existing pricing initiatives such as Data-Driven Value Pricing.
Pricing Analyst Duties & Responsibilities
To write an effective pricing analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included pricing analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Determine the pricing strategy within SAP to ensure promotion pricing conditions are properly calculated
Independently test pricing in SAP based on various potential deal combinations to validate accuracy of pricing conditions
Establish pricing in SAP for all materials/product where pricing is different from Salon catalog price established by Procurement
Managing contracted customer communications for product and pricing changes, while coordinating product introductions, changes and deletions between Product management, Pricing, Customer Service and Contracts
Performing pricing activities and offer development for the Institutional and Retail pricing team
Support and enforce the development of pricing policies and strategies, including Omni Channel vs regional/channel specific pricing
Support pricing changes generating monthly approved pricing using in-house built
Perform standard Pricing Analyst tasks as needed during US holidays and during business continuity exercises that could include travel to another site and providing coverage during the weekend
Review Daily / Weekly / Monthly trends in competitive pricing
Participate in most pricing activities, including job quotes, special promotions
Pricing Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Pricing Analyst
List any licenses or certifications required by the position: CPA, APICS, ISM, SCEA, CMA, TUV, IATA, SD, SAP, ACCA
Education for Pricing Analyst
Typically a job would require a certain level of education.
Employers hiring for the pricing analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, Economics, Accounting, Statistics, Marketing, Education, Mathematics, Engineering, Business/Administration
Skills for Pricing Analyst
Desired skills for pricing analyst include:
Excel
SQL
SAS
PowerPoint
Word
FAR
Microsoft Excel
Pricing
Access
R
Desired experience for pricing analyst includes:
Prepare weekly (or ad hoc) Market share reports by Product, Note-Rate Distribution and State-level for distribution to Sr
Assist in preparation of monthly Value Creation deck – for in-depth analysis of revenue and share for all Account Executives and Divisional Sales Managers – for roll-up reporting to Sr
Responsible for generating new SRP Schedules for the channel
On-going SRP analysis – including impact analysis on revenue margins, and market share
Develop and administer strong competitive analytical tools – distributed to Sr
Prepare weekly Revenue Management analysis (Hi-Lo) for distribution to Sales Team
Pricing Analyst Examples
1
Pricing Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of pricing analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for pricing analyst
- Work with pricing administration team along with the business unit product managers and pricing personnel on monthly price books releases
- Ensure model level pricing for your supported products are in line with agreed upon pricing strategy, audited for accuracy and consistency, and are communicated appropriately to all key stakeholders
- Operate the price optimization software, including creation of price plans, input and maintenance of product pricing relationships, business rules and optimization objectives
- Support and advise buying teams on pricing issues, strategies, recommendations and execution
- Pricing solutions for approximately 330 offerings worldwide
- Work to increase the efficiency and accuracy in firm pricing processes by communicating with counterparties, upgrading reporting systems
- Establish training manual for pricing of the broker commissions and coordinate team member training sessions
- Assist the Manager in updating pricing mechanisms on a quarterly basis
- Learn various processes within the pricing team to serve as a support function
- Prepare pricing impact analysis, review and report to key stakeholders within the organization
Qualifications for pricing analyst
- Independent thinking and decision making ability, and willingness to question and seek clarity when information presented does not make logical sense
- Ability to handle high transaction time sensitive task
- Proficiency in all Microsoft Office programs required
- Manage routine internal reporting on wireless hardware subsidy, profitability, product mix
- Collect information and perform analyses that improve the understanding of potential market opportunities and/or competitive threats
- Execute financial analyses that help line managers better understand opportunities and make better decisions
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Pricing Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of pricing analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for pricing analyst
- Understanding and application of commercial measures and cost drivers integral to determining the profitably of customer pricing solutions including Revenue, EBITDA, NPV and payback
- Program promotional pricing for monthly catalogue, shows, special events, and last minute sales promotions across multiple channels
- Perform special cost and pricing studies on a variety of matters, including back-up for customer requests, cost out analysis and rate impact studies for finance
- Assist Marketing personnel in the development of business cases for the presentation of new business proposals that require NRE investment or challenged OEM pricing that is offset by profitable aftermarket sales
- Experience of SQL is preferable but not essential
- Understand the theoretical/technical nature of all security, expense and fund types on Fund Accounting platform
- Prompt and accurate processing of security set-ups and daily update of MIS information
- Review of Compliance Master Reports ensuring data exceptions are followed up and resolved in a timely manner
- Reconciliation of key information from Fund Accounting platform to Bloomberg
- Analyze market trends, product volume, margins and competitive prices
Qualifications for pricing analyst
- Excellent attention to detail, ability to organize information and maintain focus on detailed tasks for extended periods of time
- Quantitative and operational expertise (analysis, modeling, policy, methodology, financial/business impacts, reporting)
- Ability to perform in global environment spanning continents, time-zones and cultural backgrounds
- He/she will be a curious and creative individual able to quickly understand the complexities of the company’s products and markets
- Well rounded business professional with technical acumen and a passion for thinking through pricing issues using data-driven analysis
- Microsoft Office expertise, especially in Excel
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Pricing Analyst Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of pricing analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for pricing analyst
- Support the new product introduction (NPI) process with pricing analysis and proposals to insure pricing excellence and value pricing on product launches
- Serves as the internal customers’ first point of contact for questions regarding pricing and the data used to generate proposed pricing, discounts, terms
- Manages systems, tools and processes to develop and deliver pricing analysis in support of Business Unit pricing strategies
- Ownership, creation and improvement of pricing processes and tools, maintenance & development of those that empower marketing team to assess current product positioning and optimize growth / margins
- Makes sound pricing recommendations and ensures a strong relationship and communication with Sales team to align on the recommendations
- Identify new pricing opportunities, assess the potential impact and makes price recommendations
- Supports pricing change impact assessment for annual business planning (AOP)
- Support and manage all commercial quoting activities including quote generation, part master creation, quote review and pricing adjustments
- Develops data sources, models and methods to identify pricing improvements, opportunities or inconsistencies (“leaks”)
- Analyses the impact of pricing changes on financial results
Qualifications for pricing analyst
- Brand, product development, marketing, media or advertising agency experience a plus
- Minimum 6 months experience in an accounting finance or analyst role
- Equivalent internship experience may be accepted in lieu of required
- This position requires strong analytical capability attention to
- May require an associate’s degree in a
- Of commonly-used concepts, practices, and procedures within the retail industry
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Pricing Analyst Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of pricing analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for pricing analyst
- Develop reports that monitor and evaluate pricing and margin performance at the form, market, customer, and product levels (Forecasting)
- Provide ad hoc pricing analysis as required by BU
- Work with Master Data Management to ensure the accuracy of pricing information in the IT system
- Maintain pricing data bases and tools
- Provide analysis of pricing trends including prices, quotes, discounting behavior, and opportunity/quote execution
- Manage pricing related requests from Business Management team
- Support pricing and business ops teams on ad hoc analysis
- Run Project Management Office (PMO) to track past pricing initiatives
- Perform pricing tasks and generate proposals for submittal
- Perform Independent Cost Estimating duties with other pricing analysts
Qualifications for pricing analyst
- Interface with Marketing and key internal customers to provide support with analytics in preparation for new product launches for effective business decision making
- Contribute to the development or enhancement of analysis tools and reporting
- Update memberships for groups
- Load/update approved customer pricing
- Develop, maintain and update business system processes, as required
- Complete other miscellaneous tasks and projects as they are assigned
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Pricing Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of pricing analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for pricing analyst
- Provide insight and guidance on initial pricing and pricing tools, new product contracting
- Monitor, track and report on market indices and pricing regularly
- Maintain forecasting of pricing on a weekly basis
- Construct complex costing model that provides global sales and solution design a dynamic, intuitive vehicle for developing and analysing pricing scenarios for global solutions
- Work with global sales and solutions team to propose and consider creative pricing strategies that remain competitive in RSR's respective markets while simultaneously meeting RSR global profitability criterion
- Review and confirm sales quotes for contract terms, pricing and margin guidelines
- Review and approve opportunities and pricing in accordance with the company’s CNBM
- Analyze the balance between growth and size of various customers vs
- Support development of Price Waterfall Analysis
- FX fluctuations impact analysis and risk mitigation actions proposals
Qualifications for pricing analyst
- College or University – Finance
- Completed of pursuing CPA designation is preferred
- Minimum 3 years pricing related experience, Beverage/Alcohol industry preferred
- Minimum 3 years finance/general accounting experience
- Working with system to system integrations, data relationships and integrity
- Participating in collaborative projects, progress updates, meeting goals and deadlines