Pricing Analyst II - PMD

Position Summary

The Pricing Analyst will work with PMD (Performance Materials Division) Strategic Pricing Manager to leverage strategic pricing actions to drive profitable growth. Proactively analyze, identify, and recommend data-driven pricing suggestions to make a measurable impact on the company’s growth objectives. Work with key functions to find pricing opportunities through the development and execution of analytical tools. This role operates in a global division across multiple geographies, cultures, and time-zones.

Global interaction with regional leaders and customer facing account teams to recommend and maintain pricing strategies.

This position interacts regularly with team members within and outside the Unites States, in analyzing product pricing, co-developing strategy with the local regional sales and marketing team and ensuring the implementation of pricing actions and reporting the results.

• Update SePVA Database files and run all necessary reports to support sales actions, update Plan For Each Customer/PFEC for all OEM customers
• Monitor all Exception Pricing quotes and Rebate credits, ensure proper approval/authority
• Review and maintain SAP pricing information and structure – review active pricing keys for accuracy (price, validity, customer, MOQ, etc.), set up new pricing keys, align pricing to economic order quantity and lead time. Execute pricing with timing of planned adjustments.
• Point of contact for daily pricing requests – fielding questions from Sales and Customer Service, quoting business with price reference aligned to price structure and business strategy.
• Global price review for harmonization, price/cost impacts on product lines and customers
• Manages and executes pricing process for LTA and channel partners.
• Performs periodic audits in support of data alignment, accuracy, and compensating controls.
• Provides spot quotes and maintains quote log and tracks and reports win/loss rate.

• Support the forecast and budgeting process with pricing analytics and drive alignment between cross-functional stakeholders
• Assists price analysis in product markets to determine the ceiling and floor prices of products, evaluates cause and effect with pricing, volume, cost, competition, distribution, and segmentation; recommends appropriate price levels.
• Monitors and keeps division focused on corporate strategic pricing initiatives and objectives; responsible for creating and reinforcing continuous feedback vehicles to encourage successful pricing implementation; responsible for implementation of tools to be used by marketing and field sales.
• Using a data driven approach, assists the division in determining appropriate list prices, standard discounts, and rebates, and managing any restructuring, updating, communication, and publication of price changes.
• Responsible for design and implementation of continuous improvement techniques and methods to internal processes and systems, to eliminate waste and improve process accuracy and effectiveness.
• Identifies pricing opportunities for profitability improvement through pricing actions/alignment/structure. Gains necessary internal approvals in support of the recommended actions. Measures and reports impact/results.

• Bachelor’s degree in business, technical, marketing, or related field
• Advanced degree such as MBA or certification preferred

• Minimum of three (3) years of experience in the business disciplines/functional areas such as Pricing, sourcing, product management, program or product management, finance, business development, or business analysis roles
• Experience in business-to-business industrial manufacturing of engineering materials
• Demonstrated ability to manage project-based work

• Attention to Detail:
  Meticulous, detail oriented, and organized.
• Analytical
  
  Skills:
  
  Demonstrated ability to gather, view, and analyze large quantities of data from various business systems. Proficient working with large datasets and able to draw meaningful insights from them. High proficiency with Microsoft Excel – data analysis using…