Pricing Specialist

Regal Rexnord•Grafton, WI

2d•Remote

About The Position

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools. The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture. Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

Requirements

Bachelor's degree or equivalent related experience (Technical degree preferred)
3-5 years relevant work experience in a similar B2B Marketing position.
The ideal candidate is energetic, well organized self-managed, commercially minded, flexible, team-oriented and possesses strong integrity and professionalism.
Ability to evaluate market opportunities, distil clear messages, and develop business strategies.
Excellent automation knowledge, preferable Oracle and key Excel user
Excellent analytical insight and good with financial Analysis & numbers.
Firm personality; communicative strong in writing and verbal.
Entrepreneurial and practical attitude.
Self-starter and proactive independent worker, but also able to work in a participative team environment
Objective critical thinking capabilities.
Effective negotiator
Good quantitative and analytical skills
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

Nice To Haves

Familiarity with 80/20 methodologies preferred

Responsibilities

Supports PES North America execution of Pricing related Policy Deployment and CI Roadmap strategies
Supports Product Management team to gather and review market level pricing and execute pricing and program enhancements
Supports growth strategies related to price and customer programs and executes related price updates
Validates pricing execution effectiveness and supports pricing discrepancy resolution, while identifying root causes for issues and recommending and implementing corrective actions with Sales, Customer Service, Finance, & Pricing teams
Understands the industry economics, applications, and Rexnord products/value to the customer. Understand and propose pricing/discounting strategies for the various industries.
Develop and utilize 80/20 skills to support Product Management on portfolio analysis and identification of opportunities to take pricing action
Provides technical guidance collaborating with product management and marketing to develop pricing strategies for assigned segment(s) and realize optimum price performance.
Executes North America (US, Canada, Mexico) business pricing strategy to Oracle ERP system in line with defined pricing structures and discounts.
Collaborates with sales team to execute general price increases as part of the Segment Pricing Strategy.
Collects, compiles, verifies, and analyses data from internal and external sources in order to develop recommendations for simplification of Oracle price execution.
Researches and prepares reports using data from Oracle/CRM (Sales Force), and other computer systems.
Consolidates information into cohesive and understandable reports or other written form for use in management decision-making.
Identify opportunities to eliminate errors and implement process improvements
Utilizing statistical, economic, and financial principles and techniques to prepare reports and summarize results for stakeholders.
May provide technical leadership and assist in training less experienced analysts.
Perform other duties and special projects as assigned