Pricing Analyst

Nordson • Dayton, OH

4d

About The Position

Nordson Measurement & Control , a global leader in Measurement & Control, is seeking an experienced and highly motivated individual to join our team. We are committed to creating a diverse and inclusive workplace, and we are looking for candidates who share that same commitment. Summary of the role As a member of our team, you will have the opportunity to work in a dynamic and collaborative environment, where your ideas and contributions will be valued and respected. Job Summary The pricing specialist has the responsibility of working with the Growth and Strategy team and product line managers on management of overall pricing activities for Nordson MCS equipment, parts and services. The position is highly visible and works with division and regional commercial partners in Product Management, Product Marketing, Sales, Operations and Finance. The pricing specialist develops, monitors and optimizes pricing strategy through process control and variance analysis to achieve objectives for mix, revenue, margin and share. This role also serves as the division pricing analyst, ensuring data sources are available and secure. Develop and define price guidelines for price effectiveness. Conducts regular analysis of win/loss analysis, sales pricing patterns and application of discounts

Requirements

• Bachelor’s Degree in Business, Marketing, Engineering, Statistics, Mathematics, Finance, Data Science, Computer Science, Information Technology or related field is required
• Minimum 1-3 years of relevant experience in pricing, accounting, finance, planning, marketing, product management or engineering with industrial or capital equipment business
• Strong people skills along with the ability to communicate and work with cross-functional, global teams at all levels in the organization
• Highly organized with ability to manage multiple projects with tight timelines
• Comfortable collaborating with Sr. Management, engineering, sales, customers, product management and operations
• Strong analytical skills, using large data sets and multiple data sources
• Ability to analyze quantitative and qualitative data to identify patterns and integrate disparate data sources
• Proficient in data management / advanced analytical software (Excel or PowerBi) is preferred
• Enterprise software experience (SAP & SalesForce preferred)
• Ability to understand and communicate technical concepts
• Excellent writing, presentation and reporting skills
• Curious problem solver, takes initiative and works well independently
• Ability to thrive in a fast-paced and changing environment

Nice To Haves

• Quick and curious learner
• Ability to set overall goals, break down to a series of tasks and execute to meet deadline
• Proactive, with ability to self-direct through multiple concurrent projects

Responsibilities

• Lead the annual pricing initiative - plan, manage and execute.
• Provides monthly KPI reporting.
• Track the impact of pricing decisions over time and make price adjustments to achieve objectives
• Partner with product specialists and product managers to position line of business (LoB) product portfolios and establish pricing programs aligned with product/sales strategy and revenue recognition requirements
• Consult on recurring revenue pricing models for value-added services and subscription solutions
• Works cross functionally on key strategic initiatives and NPD projects
• Collaborate on price discipline initiatives - shipping, discounts, category / segment -based price optimization, and cost-to-serve.
• Maintain product knowledge and stay informed in on product life cycle, industry pricing practices and implications of geopolitical and economic conditions (macro and micro)
• Performs other ad-hoc duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees