Cross Border Trade Analyst
StockX
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Posted:
August 8, 2023
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Onsite
About the position
This role is focused on accurately monitoring and modeling the costs associated with cross border trade expenses for a global two-sided marketplace. The main objective is to set appropriate fees for buyers and sellers, while also identifying opportunities for cost reduction. The role requires expertise in customs and duties, revenue management, financial analysis, and business intelligence. The successful candidate will work closely with various teams to ensure compliance with import regulations and optimize pricing strategies based on the latest costs.
Responsibilities
- Support pricing strategy for shipping and cross border fees by maintaining a robust model for costs associated with each lane: duties, taxes, and freight
- Work with Compliance and Tax teams to ensure correct application of duties and taxes to import value
- Identify anomalies in duty and tax costs and rectify with carriers in a timely manner
- Conduct analysis for dynamic pricing formula updates based on latest costs
- Forecast changes to lane mix based on pricing changes to optimize staffing of authentication centers
- Collaborate with Data Engineering to establish clean pipeline of carrier costs and binning to duties vs. freight costs
- Optimize routing of packages to minimize total cost within trade lanes and across lanes via dynamic pricing levers
- Develop strategies and requirements for Product & Engineering to align fees with costs, including predictive models based on real-time costs
- Research changes to business model to reduce tax exposure for the company or users
Requirements
- Minimum of 2 years experience in roles related to customs & duties, revenue management, financial analysis, or business intelligence
- Possess necessary technical skills related to Excel, Google Sheets
Benefits
- Opportunity to dive deeper into cross border trade expenses
- Intellectually stimulating problem solving
- Immediate financial impact
- Ability to work with a dedicated team member
- Potential for low hanging fruit opportunities
- Exposure to global pricing strategy and analysis
- Opportunity to improve financial performance
- Support from cross functional teams
- Chance to drive company financial performance
- Possibility to reduce tax exposure for the company and users
- Access to real-time data for market visibility
- Equal opportunity employer
- Value diversity in the workplace