Job Description:
Major Job Responsibilities:
- Develops, evaluates and implements pricing strategies and models based upon current business and competitive market dynamics. Conducts research and performs competitive pricing analysis.
- Monitors ongoing competitive environment to ensure practices do not adversely impact company reputation or customer satisfaction.
- Partners with Sales/Marketing, Business Development and Finance to correctly position product portfolio and establish pricing programs aligned with product/sales strategy and revenue recognition requirements.
- Projects impact of pricing changes, individual promotions and rebate programs on revenue.
- Serves as financial focal point and business case analyst when reviewing individual client proposals to assess client savings expectations against company financial objectives.
- Participates in client discussion on Financial Terms and Conditions, highlighting the risks and advantages for the client and company.
- Creates/administers pricing databases and coordinates implementation of pricing proposals across the organization.
- Ensures that the overall pricing processes is adhered to, including pricing delegation rules, corporate review clip levels, and all appropriate business controls surrounding the pricing process
Education & Experience:
- Typically requires a minimum of 5 years of related experience with a Bachelor's degree; or 3 years and a Master's degree; or a PhD without experience; OR 8+ years of related work experience.
Related Business/TechnicalKnowledge, Skills, Abilities (KSAs)
- Knowledge of Acccounting processes and financial planning processes
- Understanding of Profit and Loss Statements
- Ability to incorporate Market insights/trends and competitive landscape into financial analyses
- Understanding of Impacts of Currency and Inflationary Impacts on Financial Modeling
Core Competencies :
- Analytical skills
- Communication skills
- Problem Solving skills
Scope :
A seasoned, experienced professional with a full understanding of the area of specialization; resolves a wide range of issues in creative ways. This job is a fully qualified, career-oriented, journey-level position
Job Complexity :
Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors. Demonstrates good judgment in selecting methods and techniques for obtaining solutions. Networks with senior internal and external personnel in own area of expertise
Supervision :
Independence of Action Normally receives little instruction on day-to-day work, general instructions on new assignments
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