Pricing Analyst

Location: Provo, UT

Applicants must demonstrate a strong understanding or foundational knowledge in pricing that suggests they could independently research, analyze products, and/or compare them to competitors to help keep company competitive in the market. Pricing products to be manufactured requires a specific skill set that accounting does not include. Cost accounting is a plus.  Manufacturing environment.  Will work closely with sales and marketing.

 

  • Conduct analysis of cost accounting, pricing trends, customer demand, and completive landscape to identify opportunities for pricing optimization.
  • Develop and maintain pricing models to support strategic pricing decisions across product lines.
  • Monitor and evaluate the effectiveness of pricing strategies, including pricing promotions and discounts.
  • Collaborate with sales, marketing, and finance, teams to develop pricing proposals and present pricing recommendations to senior management.
  • Provide ongoing analysis of pricing data to identify trends and opportunities for improvement.
  • Maintain pricing data integrity and accuracy within the company’s pricing system.
  • Participate in cross-functional projects related to pricing optimization and process improvement.
  • Performs all pricing functions, quarterly price adjustments, and other commercial analytics.
  • Serves a as a Subject Matter Expert in Pricing to include competitive market pricing levels.
  • Daily price maintenance/updates, including ensuring that product profit margins meet desired thresholds.
  • Low margin review and Special Price Agreement analysis.
  • Identifies and implements best practices, SOP’s and process documentation.
  • Tracks and reports business case performance post-implementation of pricing changes.
  • Delivers presentations that describe model results and recommendations to senior executives and other key stakeholders.
  • Works on automating processes and reporting dashboards.
  • Develops pricing and financial content for executive level presentations and assists the manager in communicating and discussing information as needed.
  • Participates in quarterly forecasting, annual planning and long-term strategic planning that is part of the FP&A process.
  • Conducts ad-hoc reporting and other miscellaneous projects as assigned.
  • Performs other duties as needed.

 

Required Skills and Experience:

  • 5 years of relevant work experience in finance and analysis or pricing. Cost accounting a plus.
  • Strong understanding of Pricing Strategy to include Price Elasticity, Value-based, and Penetration strategies.
  • Financial modeling, including price/margin analysis.
  • Strong knowledge of the Microsoft Office Products (mainly Excel, Outlook, etc.)
  • Good listening skills and desire to learn
  • Ability to communicate with team members at all levels
  • Experience with ERP systems, BI reports, Excel proficiency, CPQ systems or pricing software preferred.

 

No relocation. Local candidates only. No remote.

To apply send resume to [email protected]

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