Pricing Analyst - Sales & Marketing - Manufacturing Firm

A prominent worldwide producer of airflow, motion control, power transmission, and power generation solutions applied across commercial, industrial, and residential environments.

Job Title: Pricing Analyst

Department: Pricing

Reports to: Global Pricing Lead

SUMMARY OF ROLE: In the role of Pricing Analyst, your primary responsibility will be overseeing the pricing strategy for our esteemed micro-motion product range across our clientele. You'll develop a comprehensive understanding of our operations, ensuring top-tier service delivery for both standard and customized solutions.

EDUCATION and EXPERIENCE:

- Bachelor of Engineering in Mechanical or Production with 4-5 years of experience OR

- Bachelor of Engineering in Mechanical or Production combined with an MBA in Marketing and over 3 years of relevant experience

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

- Collaborate with cross-functional teams to ensure top-tier service levels through pricing strategies, aiming for high customer scorecard ratings and fostering profitable revenue growth.

- Devise and implement pricing strategies aligned with our product positioning and strategic objectives.

- Establish streamlined processes and tools to enhance the quality of techno-commercial proposals and reduce turnaround time for customers.

- Assist in the monthly Sales, Inventory, and Operations Planning (SIOP) process, maintaining site forecasts and working closely with Finance, Sales, Product Management, and Operations teams to achieve financial targets.

- Aid the Global Product Management team in effectively implementing 80/20 product strategies at operational sites.

- Lead cross-functional teams in identifying initiatives for product cost optimization through the execution of techniques such as Purchase Price Variance (PPV), Value Analysis/Value Engineering (VAVE), and productivity enhancements.

- Participate in the review process of customer contracts/ agreements to ensure alignment on commercial matters.

CAPABILITIES & KEY SUCCESS FACTORS:

- Demonstrates a robust entrepreneurial spirit and a drive for continuous learning and business management.

- Capable of independently addressing challenges and making informed decisions.

- Possesses strong influence skills, adept at achieving results through collaboration within cross-functional teams.

- Exhibits meticulous attention to detail coupled with a sense of urgency.

- Takes a proactive approach with a keen emphasis on execution and timely delivery.

- Assertive communicator with effective presentation skills.

- Demonstrates superior analytical prowess.

FUNCTIONAL COMPETENCIES:

- Familiarity with B2B/Industrial Marketing and OEM Sales.

- Proficiency in financial analytics, including budgeting, P&L analysis, margin assessment, ROI evaluation, and related areas.

- Mastery of Microsoft Office tools is essential.

KEY RELATIONSHIPS:

- Internal: Product Lifecycle Management (PLM), New Product Development Team, Commercial Team

- External: Customers

PERSONAL TRAIT/PROFILE:

- Proficiency in fostering collaborative relationships across teams and establishing effective relationship
frameworks.

- Skill in working across organizational boundaries to comprehend key drivers and influencers.

- Demonstrated capacity to act with urgency, self-motivation, and a keenness for continuous learning.

- Adaptability to work within a global environment and flexibility regarding office hours.