Pricing Analyst

TECHNICAL CONSUMER PRODUCTS INC•Aurora, OH

3d•Onsite

About The Position

The Pricing Analyst collects, analyzes, and evaluates data on products, costs, and markets to support the development and presentation of pricing and bid strategies. The role monitors and optimizes pricing strategy through process control and variance analysis. It works with cross-functional teams on pricing reviews and closing strategies, evaluates product value and competitive pricing, and supports pricing strategies for new product launches. The position is based at the Aurora Office in Aurora, Ohio, and is generally performed in a business office environment.

Requirements

1–2 years of experience in financial analysis and/or corporate accounting.
Strong analytical and quantitative skills, including the ability to identify variances and unusual trends and calculate discounts, interest, commissions, proportions, and percentages.
Proficiency with Microsoft Excel, Microsoft Access, and other analytical tools.
Ability to work with ERP systems and financial software, including JD Edwards.
Negotiation skills, commercial judgment, and knowledge of the sales process.
Excellent verbal and written communication skills.
Project management skills and sales/marketing experience.
Willingness and ability to facilitate organizational change.
General understanding of financial and cost accounting practices.
Ability to maintain pricing information confidentiality.
Consistent attendance and punctuality, responsiveness to management direction, and willingness to solicit feedback.
Detail-oriented, highly motivated, and strong work ethic.
Strong team skills and ability to work effectively with all levels of the organization.
Initiative, responsibility, flexibility, and leadership.
Flexible attitude and ability to work successfully under ambiguous guidelines.
Bachelor's degree in Accounting, Finance, or Business.

Responsibilities

Support the company's culture and business mission by putting its people and customers first.
Follow pricing guidelines and delegated pricing authority.
Manage the pricing approval process through regular reviews of price variance charts and metrics.
Lead effective price reviews for large opportunities with a cross-functional management team and assist with closing strategy.
Maintain product knowledge and monitor industry pricing practices.
Understand the value position of products against competitors and the company's internal product offerings.
Research appropriate list prices and discounts based on market conditions, competition, product life cycle, and division version.
Work with the new product development team to define customer economic value propositions and model value proposition segments for new product launches.
Document customer return on investment and payback, and help develop sales communications for new product pricing strategies.
Understand current economic conditions and their financial implications.
Promote and observe safety and security procedures, and use equipment and materials properly.
Complete other responsibilities or projects assigned by the manager.
Maintain the confidentiality of pricing information to protect customer confidence and company operations.
Respond to management direction, follow instructions, and seek feedback to improve performance.