About The Position

This role works cross functionally with Marketing/Sales, Finance, Engineering, Operations, and Supply Chain departments regarding product pricing programs, changes, and discrepancies. Provides corporate pricing support for all product/channel pricing programs including subsidiaries. Pricing strategy and support ensure market competitiveness and corporate profitability. Responsible for pricing process and will manage or participate in various cross-functional team projects that support Generac’s ongoing corporate strategic initiatives.

Requirements

  • Bachelor’s degree in business, finance or related field, or equivalent experience
  • 5 years of experience in data analysis, analyzing pricing structures or related field
  • Ability to think, analyze, and report on diverse business segments
  • Ability to proficiently use Microsoft Excel, Access, PowerPoint, Word, SAP, SAP BI, Power-BI and Tableau
  • Deep understanding of financial metrics, including profit and loss statements (P&Ls), gross and net margins, operating income; and key performance indicators (KPIs)
  • Ability to analyze and interpret financial data to drive strategic decision-making
  • Ability to develop detailed profit and loss statements (P&Ls) and perform break-even uplift analysis to assess financial performance and inform strategic decisions
  • Proficient in extracting and manipulating raw data to transform facts into actionable insights
  • thorough understanding of go-to-market strategies, including how rebates and trade discounts can be used to drive sales, promote market penetration, and incentivize customer loyalty
  • Able to influence others without direct authority and works effectively with all levels of the organization

Responsibilities

  • Executes corporate pricing strategy and supporting systems by sales channel (residential/wholesale/retail) and product categories across the organization, its subsidiaries, and international markets.
  • Provides analysis and recommendations on viability of proposed pricing actions related to product promotions within all domestic channels of distribution.
  • Provides analysis for line reviews within residential/wholesale/retail channels.
  • Ad hoc analysis and reports (e.g., pricing and margin reports) as needed.
  • Communicate both qualitative and quantitative pricing tools and analytics to support the strategy.
  • Actively monitor customer profitability, product cost structures and product gross margins to ensure pricing policies align with Generac’s profitability goals.
  • Perform proactive data mining, aggregation, and analysis for the identification of price improvement opportunities.
  • Develop and own the corporate pricing goals through creating and leading productive interactions across our different functions and disciplines.
  • Proactively identify and resolve issues around pricing and margins.
  • Champion consistency of pricing application – develop, communicate, promote, and measure consistent models and guidelines.
  • Take ownership of process improvements and drive to successful implementation.
  • Monitor competitive environment and be prepared to respond to changes based on the market analysis.
  • Participate in cross-functional teams to communicate and evaluate cost trends, pricing trends and customer communication.
  • Works closely with a variety of departments (e.g., Sales, Finance, Operations, Engineering, etc.)
  • Create detailed cost analyses for pricing strategic and national/global account projects to maximize success and ensure strategic account pricing and product offerings domestically and internationally; adhere to corporate strategic goals and guidelines.
  • Provide input to legal for finalizing contract language around business and pricing terms.
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