Sr Pricing Analyst

Solstice Advanced MaterialsMorris Plains, NJ

About The Position

The Sr Pricing Analyst is responsible for working with the commercial team to implement pricing strategies to drive revenue growth, margin improvement, and market competitiveness. This role collaborates with functions such as Customer Service, Pricing COE, Finance, and IT professionals to ensure pricing decisions are data-driven, aligned with business objectives and effectively executed. This role should be creative to generate automated solutions to complex problems in area of pricing analytics and administration. The Sr Pricing Analyst should seek to Drive Improvement and strive for excellence, ultimately asking the question "how can I make this better?"

Requirements

  • Experience working with the commercial team to implement pricing strategies.
  • Experience collaborating with functions such as Customer Service, Pricing COE, Finance, and IT professionals.
  • Creativity to generate automated solutions to complex problems in pricing analytics and administration.
  • Ability to drive improvement and strive for excellence.
  • Experience managing annual price update processes.
  • Experience maintaining and publishing price books.
  • Experience serving as a primary point of contact for pricing-related inquiries.
  • Experience ensuring timely resolutions and clear communication across Sales, Finance, and Customer service.
  • Experience monitoring pricing performance and providing insights and recommendations.
  • Experience partnering with Sales to support deal pricing and customer-specific pricing strategies.
  • Experience developing tools to aggregate, transform and analyze data.
  • Experience evaluating profitability, margins, and discounting practices.
  • Experience investigating, recommending, and implementing integration solutions to streamline data processes.
  • Experience ensuring data consistency across systems (SFDC/ CPQ/ ERP; any other pricing system).

Responsibilities

  • Own and manage annual price update process, including maintaining and publishing price books to ensure accuracy, consistency, and timely communication to customers.
  • Serve and the primary point of contact for all pricing-related inquiries, including sales order price discrepancies, invoice disputes, contract pricing questions, discount approvals, rebate validations, and system pricing errors. Ensuring timely resolutions and clear communication across Sales, Finance, and Customer service.
  • Monitor pricing performance and provide insights and recommendations to Offering Management team to support price and margin management decisions.
  • Partner with Sales to support deal pricing (Quoted Prices) and customer-specific pricing strategies.
  • Work with pricing and IT colleagues to develop easy to use tools to aggregate, transform and analyze data to drive efficient decision making.
  • Evaluate profitability, margins, and discounting practices to identify opportunities for improvement.
  • Investigate, recommend, and implement integration solutions to streamline data process and ensure data consistency across systems (SFDC/ CPQ/ ERP; any other pricing system) improvement
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