Pricing Specialist Job Description
Pricing Specialist Duties & Responsibilities
To write an effective pricing specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included pricing specialist job description templates that you can modify and use.
Sample responsibilities for this position include:
Pricing Specialist Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Pricing Specialist
List any licenses or certifications required by the position: CAAS, NCMA, CPA, CA, CPM, APICS, RFP, CDS, CAS, TINA
Education for Pricing Specialist
Typically a job would require a certain level of education.
Employers hiring for the pricing specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Finance, Economics, Education, Engineering, Marketing, Accounting, Mathematics, Technical, Business/Administration
Skills for Pricing Specialist
Desired skills for pricing specialist include:
Desired experience for pricing specialist includes:
Pricing Specialist Examples
Pricing Specialist Job Description
- Assist the Director of Pricing Control with all Audit requirements of the department
- Pricing calculations
- Manage contracts and pricing for the given accounts
- Follows the market feedbacks/market share information and proposes pricing actions accordingly
- Makes sure that all prices for customers are properly maintained in SAP
- Negotiates yearly/quarterly rebate schemes for customers and maintains them in SAP
- Ensure all pricing cut off are respected
- Project management – leading cross functional teams from concept to execution to post mortem
- Product management – manage Roaming Product life cycle
- Size opportunities quickly and provide recommendations
- Ongoing analysis of the competitive environment and industry trends
- Business Case development for strategic campaigns
- Database analysis to identify new opportunities and solutions
- Experience in Marketing or Product Management
- Ability to think both strategically and analytically to identify and assess new opportunities
- Think like the customer
Pricing Specialist Job Description
- Lead the development of a truck pricing system
- Manage assigned Mainframe maintenance applications and pricing systems (Probuilder)
- Verify that data input from specific systems (i.e., ESS) are communicated/input into non-related systems (i.e., Jupiter)
- Communicate and verify out of balance situations to Sr
- Run computer generated reports as required to fulfill functions of the department
- Accurate data entry for customer/product/program maintenance in ESS
- Accurate data entry for product into GCDM/ESS (previously SLC/ESS) maintenance into the appropriate systems
- Update NRCS for maintenance/set up as required
- Support HP Legacy input as back up to NY entry, and also process any data entry requirements as they occur
- Process sales adjustments for A/R and also all price protection requirements, including on hands & rebate adjustments
- Relational database experience for data mining and revenue planning
- Assist in system testing requirements for all applications utilized by the P&C group, including ESSTEST3
- Support AS/400 Legacy as back up for WBR
- Back up for outsales balancing and perform adjustments as required
- Assist the Supervisor and/or the Sr
- Knowledge of basic math and the ability to perform math functions in units of American currency
Pricing Specialist Job Description
- Utilize competitive pricing data to formulate profitability models and present pricing recommendations
- Monitor, document and analyse pricing actions of competitors
- Research pricing by customer and market segments
- Develop strategic pricing models to maximize margins and sales
- Analyze and remediate pricing and margin discrepancies
- Produce bid pricing for national, corporate or strategic customers
- Implement customer contract pricing
- Assist Pricing Manager with other projects as needed
- Provide pricing compliance support
- Act as a single point of contact for all pricing related questions
- Dependability and Flexibility
- Ability to work overtime when scheduled
- Required - Computer proficient
- Required - Computer searches and research abilities
- Preferred Skill - MS Access or any data organizing abilities
- Preferred Skill - Experience in freight accounting and distribution procedures
Pricing Specialist Job Description
- Submits pricing request to Pricing Management team for approval
- Support P4S initiatives using enhancements to pricing structure tier pricing, freight accruals, rebates
- Review key performance indicators and pharmacy sales data to identify, analyze, and assess pricing models
- Gain member commitment on pricing strategies, perform appropriate revisions, and create reporting to measure/track impact of changes to margin and revenue
- Work closely with members to address and resolve any pharmacy pricing issues in a timely manner
- Drive member participation in pricing initiatives
- Monitor and understand the competitive landscape and gather market pricing information
- Maintain pricing and profitability models
- Review and analyze current pricing within our operations and inform management of any issues that arise
- Compiles and reviews internal and external data to make better pricing decisions
- GED or equivalent and 1 year of related experience
- Bachelor’s Degree in Business, Economics, or closely related
- Ability to manage and analyze large amounts of data from various sources
- Experience presenting findings to management and propose recommendations
- Cost / revenue / profit analysis experience required
- Present proposal to committee members
Pricing Specialist Job Description
- Review & maintain Pricing mechanisms
- Implement price changes as necessary to maintain category pricing strategies
- Write requirements to change the guided flow pricing packages defaulting for agents in OrderMAX and for customers on eShop and MyBell
- Deploy and validate weekly changes to existing offers and products outside of scheduled IT repeatable pricing releases based on competitive responses
- Participate in monthly IT repeatable pricing release deployments to validate changes in production and communicate any issues found
- Evaluates profitability of the customers/regions and proposes corrective actions if needed
- Prepares price list downloads for commercial team upon request
- Evaluates stock levels and profitability of the products to propose promotional actions
- Analyzes weekly profitability reports to make sure that margin is above target level and look for any outliers that may need some corrections
- Develops and implements forward costing models to include approaching cost out actions in order to accelerate LED product sales
- Must have a minimum of Bachelors degree in related field or equivalent experience
- Pharmaceutical industry experience is highly preferred
- Have to be very analytical
- Supports commercial teams with price/profitability analysis of incoming quotes along with the recommendation on approved price levels
- In cooperation with Product Management team prepares and communicates to the commercial team target/minimum prices on key products
- Creativity and ability to come up with solutions