Position Summary
The Pricing Analyst is responsible for proactively analyzing and making recommendations considering customer value-based spaneting, competitive spanets, and company costs affecting the business plans and profitability across the division. Will collect, analyze and evaluate data supporting divisions price to resistance strategy.
Scope/Supervision and Interaction:
- Does not have direct reports
Reports to the Pricing Team Manager. Will interact with the Corporate, Group and Division personnel. Will directly support Division Strategic Pricing Managers, Pricing Team Manager, product managers, and division management.
Responsibilities
- Responsible for design and implementation of continuous improvement techniques and methods to internal processes and systems to eliminate waste and improve process. - Works with IT staff in design and implementation of systems and reporting improvements for measuring and monitoring pricing effectiveness and efficiency.
- Assists in analyzing division product spanets determining the ceiling and floor prices of products. Evaluates cause and effect with pricing, volume, cost, competition, distribution and segmentation. Recommends appropriate levels.
- Monitors and keeps divisions focused on corporate strategic pricing initiatives. Responsible for creating and reinforcing continuous feedback vehicles to encourage successful pricing models. Responsible for implementation of tools to be used by product managers and field sales.
- Assists divisions in determining appropriate list prices, standard discounts and rebates and managing any restructuring, updating, communication and publication of price increases.
- Analyzing the exception pricing process by recommending guidelines, authority levels and maintaining a disciplined and structured approach to exception pricing.
- Provides management with reports which allows management to effectively respond to changing economic conditions and spanet changes. Performs ongoing measurements and reporting on pricing effectiveness.
Qualifications
- BS in Business, Marketing, or related Field with six years or more experience preferred.
- Strong analytical and quantitative skills. Excellent PC skills with proficiency with Microsoft Excel and Access.
- Excellent written, verbal and presentation skills.
- Project management skills with sales/spaneting experience a plus.
- General understanding of manufacturing processes, practices and cost accounting.
- Must be able to maintain customer confidence and protect operations by keeping pricing information confident.
Additional Comments:
The essential functions have been provided as examples of the type of work performed by employees assigned to this job classification. The Company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an all inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.
Equal Employment Opportunity
Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)
If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants U.S. Equal Employment Opportunity Commission
