Product Pricing Analyst Job Description
Product Pricing Analyst Duties & Responsibilities
To write an effective product pricing analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included product pricing analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Product Pricing Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Product Pricing Analyst
List any licenses or certifications required by the position: PMP, SD, SAP
Education for Product Pricing Analyst
Typically a job would require a certain level of education.
Employers hiring for the product 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, Marketing, MBA, Education, Mathematics, Accounting, Business/Management, Engineering
Skills for Product Pricing Analyst
Desired skills for product pricing analyst include:
Desired experience for product pricing analyst includes:
Product Pricing Analyst Examples
Product Pricing Analyst Job Description
- Responsible for the intercompany price of any new item creation on an ongoing basis
- Support the timely accurate Account Reconciliation for all related natural accounts
- Pricing and Data Analytics
- Provides relevant reporting and analyses, including competitive analyses, in support of Pricing Committee Process
- Prepares and analyzes product pricing and program financials and assists in the preparation of management presentations, business reviews, key findings and recommendations
- Assists with pro-actively identifying new market opportunities and risks arising from competitive, regulatory and other internal and external factors
- Maintains and enhances existing pricing and profitability models/pro-formas to support new business initiatives
- Gathers data and performs analytics to properly back test and validate models and documents assumptions that provide the basis for pricing and profitability measurement
- Leads or participates on special projects needed
- Collaborate across business lines to develop budgets/forecasts, develop strategies and ensure targets are met
- Asset Pricing technical
- Work with Business Development Managers, Sales Account Managers, Independent Sales Representatives and internal departments (Operations, QA, ) to ensure customer needs are met
- BA/BS from a 4-year college or university
- Work with segment managers to deep dive on biz performance
- Should have worked as a Sr
- Responsible for the price management of a number of product lines
Product Pricing Analyst Job Description
- Calculate product costing
- Review latest financials, analysis trends, assess new risks & opportunities, flag for mitigation
- Provide information to help prepare and update product budgets
- Prepare product lifecycle reporting & analysis in accordance with PLC (product
- Provide information for product investment impairment analysis
- Provide information to perform pre-pub balance sheet impairment reviews
- Ad-hoc data analysis to support the Global Product finance team
- Produce business requirements in an Agile development environment
- Maintain and alert tracking drivers in COGS
- Model Product Structure and guide teams to perform product configuration
- 5 years of product development, pricing, forecasting, and / or finance experience
- Experience facilitating a team environment placing the team ahead of individual goals
- Experience in collaborating with partners and peers in treasury, finance, technology, marketing, sales and vendors
- Experience planning and executing multiple projects in a timely and efficient manner
- Capability of utilizing business acumen and knowledge of business drivers for assessing market conditions and forecasting revenue and pricing actions
- Exceptional organization skill
Product Pricing Analyst Job Description
- Manage SKU definition and configuration upon Product Releases
- Perform on-going analysis to ensure that data in EPM, Price Book and CPQ is consistent
- Work with a wide range of internal business partners to help them understand how to interpret product structure & pricing in CPQ including Sales, Marketing, Finance and IT
- Help to define a clear Release Mgmt and SKU setup process
- Define, maintain, and analyse metrics to measure Product Configuration accuracy
- Improve operational efficiency, consistency, and compliance in support of the organization’s financial and tactical business objectives
- Review business processes, and participate in formulating recommendations for streamlining these processes
- Work close with IT development team to implement the improvements
- Write requirements and use cases, workflow documentation, and develop and execute test plans
- Upload data to the various systems to maintain data consistency
- Ability to form strong partnerships with key stakeholders in other areas and work with them on initiatives
- Successfully handles multiple tasks
- 3-7 years’ experience in a retail industry finance role
- Experience with SAP and Advanced Pricing Software also a plus
- Bachelor's Degree (Marketing, Sales, Analytics, Business Administration, or relevant field preferred)
- Bachelor or Master degree in preferably a commercial, financial or technical direction
Product Pricing Analyst Job Description
- Merchandizing Optimization – Develop rational solutions and testing methods in order to achieve corporate strategic goals by adjusting product display priorities, introducing new products and coordinating cross-departmental product initiatives
- Internal Results Communication – Professionally packages data analysis and conclusions in a concise and impactful format in order to communicate analyses to the Manager of Pricing and Product Strategy
- Perform annual price evaluation and analysis based on competitive pricing, cost, pricing trends, and margin objectives to enhance profitable pricing structure for customers and the company
- Conduct monthly review of prices by part category to ensure consistency across similar items and within the competitive market
- Develop understanding of Product and Pricing business strategies and operational processes
- Develop understanding of the internal and external business drivers that force changes to existing Product and Product Pricing and introduction of new Product and Product Pricing
- Perform advanced/ complex Product and Pricing data profiling and analysis
- Design/ contribute to design of Product and Pricing logical data model that are agile and extensible and meet dynamic business needs
- Experienced with Capital Markets functions such as Product and Pricing including Trading, hedging, and underwriting guidelines
- Experienced with UI projects implementation pertaining to Pricing and Products
- Use Pricing Software Systems to perform Distributor profitability, price realization, and profit waterfall analysis
- Asset Pricing technical knowledge and credibility
- Comfortable using analytics tools
- Collect, evaluate, and analyze product and market performance data to justify and drive future business planning decisions
- Build pricing models to estimate financial outcomes of a product/service and assess performance against business goals
- Help develop strategic insights about the market and competitive landscape that identify opportunities for business growth
Product Pricing Analyst Job Description
- Assist in LOS system technology assessment for Product rollout
- Contribute in reviewing user stories mockup for UI alteration and ensuring deliverables are submitted in a timely manner
- Support UAT and regression testing and address applicable escalated questions
- Participate and help coordinate deployments
- Prepare training materials, communication on Product and Pricing technology enhancements
- Manage onboarding and supports national branch expansion and renewal efforts
- Collaborate with all internal groups to ensure all branch locations have the proper set up for conducting business
- Licensing, contract negotiation, renewal administration
- Build and maintain execution timelines
- Solicit and incorporate business requirements and build timelines aligned to work execution
- Create presentations based on a variety of data analyses and deliver to internal stakeholders
- Manage time-sensitive, executive-driven projects and ensure that deadlines are met
- Effectively communicate and present findings through written and oral reports
- Work on ad hoc reporting/projects to meet the needs of the business
- Experience in the financial services and banking technology industries preferred
- Applicable experience in pricing, business/competitive analysis a plus