Pricing Analyst Job Description Template

Company Introduction

{{Write a short and catchy paragraph about your company. Provide information about the company’s culture, perks, and benefits. Mention office hours, remote working possibilities, and anything else that makes your company interesting.}}

Job Description

The pricing analyst is a key resource to provide pricing solutions to {{company name’s}} customers through the sales and account management channels. The pricing analyst uses information resources regarding customer needs, historical data, market conditions, and internal margin/revenue targets to {{prepare pricing quotes and/or internal proposals regarding pricing strategies for future campaigns/seasons/segments}}.

Responsibilities

• Develop and maintain pricing tools {{for example: elasticity of demand calculators}} and profitability models

• Grow total gross margin dollars by identifying pricing actions that encourage higher sale values, conversion rates, inelasticity, margin rates, and customer satisfaction

• Forecast margins to help the business understand the impact of promotional and seasonal pricing

• Monitor input costing changes and develop sensitivity analysis thresholds to provide reporting on potential changes to finished {{product/service}} prices

• Present pricing analysis at a monthly strategy meeting, with insights, trends, and suggestions

• Communicate and help implement pricing changes bi-directionally through the command chain

• Lead pricing-related projects including establishing timelines, defining deliverables, and drafting communications or presentations

• Maintain knowledge and stay abreast of developments in the industry via information obtained from financial publications and services, government agencies, company sources, and personal interviews

• Assist R&D efforts with market views and feedback

• {{Add other relevant responsibilities here}}

Skills and Requirements

• Bachelor’s degree in finance, operations, research, statistics, math, economics, or related analytical discipline preferred

• Financial management experience with planning, forecasting, and business analysis

• Experience within {{preferred industry}}

• Work cross-functionally throughout the organization to drive analysis-driven change

• Demonstrates complex problem resolution proficiency and the ability to identify/implement process and system enhancements

• Proficiency with analytical and presentation tools {{(Excel pivot tables, SQL queries, graphing, PowerPoint)}}

• In-depth knowledge of BI tools {{(Tableau, Cognos, Business Objects or SPSS)}} and practical experience analyzing data, program metrics, and performance