Pricing Administrator Job Description

Pricing Administrator Job Description

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Pricing administrator provides support to the Pricing and Contract Administration team in any other areas of government or commercial pricing and contract administration.

Pricing Administrator Duties & Responsibilities

To write an effective pricing administrator job description, begin by listing detailed duties, responsibilities and expectations. We have included pricing administrator job description templates that you can modify and use.

Sample responsibilities for this position include:

Proficient in the use of MS Excel, Word, Windows
Participant in the research and validation of price discrepancies
Process all manual instructions received from investors in accordance with the applicable procedures, prospectus and internal processing check lists
Execute all instructions on the shareholder record keeping system in a timely and accurate manner
Process incoming instructions by any accepted means of transmission as amended from time to time
Return any instructions that cannot be booked to the appropriate party for clarification
Adhere to internal procedure to ensure a four eyes principle is applied at all times
Receive, investigate and answer emails/queries from internal and external customers in a timely and accurate manner
Contribute to the creation and maintenance of procedures and process improvements
Engage in internal projects and testing as required

Pricing Administrator Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Pricing Administrator

List any licenses or certifications required by the position: CFA, CPA

Education for Pricing Administrator

Typically a job would require a certain level of education.

Employers hiring for the pricing administrator job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Business, Finance, Accounting, Education, Business/Administration, Economics, Associates, Engineering, Management, MBA

Skills for Pricing Administrator

Desired skills for pricing administrator include:

Compliance as it applies to your role
Pricing administration and systems ideally in the Healthcare sector
Excel
Company pricing structure to complete assignments within extremely tight and strict proposal schedules
GAAP accounting rules
Grant/contract management
International development community
Microsoft Office Suite
Preferably in the area of health
Principals

Desired experience for pricing administrator includes:

Accountable For Global Servicing from operating location (Includes Shifts and Work on Bank/Legal Holidays and Week-End when Required)
Maintain statistics up to date (Including Daily Team Checklist Update)
Maintain organizational relationship with Management line
Ensure effective resolution of enquiries
Escalation of issues & problems
Accountable for the day to day Production for activities under responsibilities

Pricing Administrator Examples

1

Pricing Administrator Job Description

Job Description Example
Our company is searching for experienced candidates for the position of pricing administrator. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing administrator
  • The activity mission and objectives
  • Identify issues and problems in service delivery and escalate immediately
  • Ensure effective logging and resolution/follow up of enquiries and liaise with
  • Appropriate parties to resolve/escalate queries/problems within agreed
  • Maintain relevant KPIs / KQIs up to date (Including Daily Team Checklist Update)
  • Participate in an environment of continuous improvement and change that
  • Covers workflow, processes and procedures on an ongoing basis in collaboration
  • With the CPS Expertise Center
  • Ensure second level review in specific & Identified Tasks
  • Maintain standards of personal and professional behaviour
Qualifications for pricing administrator
  • Take responsibility for personal development and training
  • Coach team members as necessary on specific & Identified tasks/activities
  • Ensure All Necessary Housekeeping (Personal Desk & Team Delivery Archiving)
  • Create and maintain truck and bus spec's which are "buildable"/ free of special price quote (or with updated special quote - SQ)
  • Manage order board and all order to delivery processes ensuring orders are coded and advanced through engineering steps
  • Create and maintain a catalog of comprehensive truck and bus chassis and bodies for ready to deliver proposals
2

Pricing Administrator Job Description

Job Description Example
Our innovative and growing company is hiring for a pricing administrator. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for pricing administrator
  • Supporting Sales Engineers - Vendavo Manage Deals price tool
  • Monitoring and Processing Rebate Credit Requests
  • Providing "deep dive" Research as it relates to pricing or rebate issues
  • Domestic Pricing
  • Pricing Controls and Tracking
  • Manage approved supplier list, assure new supplier onboarding and approval are validated prior to adding a new supplier to the ASL
  • Customer care – ability to listen and understand the customer’s needs
  • Review and posting of new customer accounts
  • Facilitate the pricing activities for Customers which includes managing the interface with SAP to update Customer pricing during price increases
  • Test plans for all SAP and other releases performed during the year
Qualifications for pricing administrator
  • Work quickly with accuracy and with the minimum of supervision whilst adhering to existing control procedures
  • Ability to work in an environment where adherence to controls and procedures is an operational necessity
  • At least 2 years sales administration experience
  • Sales operations and or pricing administration (ex-administrative support)
  • Development of a comprehensive proposal, sizing and selection, pricing
  • Provide submittal drawings and other project documentation such as quality inspection and test plans, production plans, test procedures
3

Pricing Administrator Job Description

Job Description Example
Our company is looking for a pricing administrator. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for pricing administrator
  • Provide assistance in analytics
  • Lead all pricing cutovers
  • Process all manual transactions received from investors in accordance with the applicable fund cut off times, procedures, prospectus and following the Manual Transaction Processing Check lists
  • Input all transactions into the shareholder record keeping system in a timely and accurate manner
  • Return any transactions that cannot be booked to the appropriate team for clarification
  • Input all transactions into the transaction verification database (to ensure a four eyes principle being applied)
  • Run and import reports out of the Oracle database
  • Verify/reconcile all transactions before the prices are applied and the end of day is run
  • Process incoming transactions by any other accepted means of transmission as amended from time to time
  • Provide fund related reports to clients as per agreed SLAs
Qualifications for pricing administrator
  • Ability to network internally and externally in order to get things done day to day
  • Ability to work independently as well in team
  • Comfortable with M.S
  • Ensure terms and conditions and contract provisions are clear and in accordance with company
  • Communication – Clearly conveying and receiving messages to meet the needs of all
  • Service Delivery – Understanding and meeting the needs of customers
4

Pricing Administrator Job Description

Job Description Example
Our growing company is looking to fill the role of pricing administrator. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing administrator
  • Distributors are invoiced accurately and timely
  • Previous experience in a home loans or lending role is preferred but not essential
  • Coordinate and prepare quality pricing analytics and price books ensure timely, accurate and effective submissions and responses to all internal and external customers
  • Create detailed and comprehensive price models based on existing and proposed price points to ensure sustainable and profitable growth for Japan
  • Support Japan field sales by providing pricing and account data analyses, accurate reporting and discrepancy resolution
  • Administration of Japan pricing within Spine IT, routing of pricing committee requests, and various position-related administrative responsibilities
  • CPA liaison to pricing approval committee and in-house executive management on all assigned healthcare account pricing and contract issues
  • Cross-train on all CPA pricing processes, and assist with overflow of CPA pricing matters
  • Perform duties in an efficient, analytical manner while maintaining a high level of relationship management, confidentiality and professional interaction
  • Manage all aspects of stock pricing including initial entry, administering price changes, validation and maintenance for assigned corporate customers and to effectively communicate to customer and all relevant Heritage personnel
Qualifications for pricing administrator
  • Team player with people and performance management skills
  • Ability to adhere to deadlines, Focuses on results
  • Technical– Ability to accurately and thoroughly utilize office technology and to demonstrate practical knowledge of information management, e-mail management and privacy protection issues
  • Values – diligent, works with integrity, tenacious and inquisitive
  • Must be willing and able to work overnight shifts on a rotational basis
  • Provide quotes to distributors/wholesalers
5

Pricing Administrator Job Description

Job Description Example
Our company is looking to fill the role of pricing administrator. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing administrator
  • Investigate and correct EDI errors on sales orders where prices from customers do not match the pricing in our system
  • Mail, E-mail or Fax stock pricing to customer
  • Communicate both verbally and through e-mail, directly with customer regarding all price issues
  • Research and resolve disputed pricing issues
  • Complete audit files for internal review process
  • Enter all project quotes within our in house quoting tool
  • Provide quotes to distributors or wholesalers
  • Entering competitive price quotations utilizing industry quoting software
  • Negotiating final discounts/pricing by working with sales, brand pricing managers, and occasionally distributors
  • Compiling and maintaining quoting reports
Qualifications for pricing administrator
  • Enter competitive price quotations utilizing industry quoting software
  • Negotiate final discounts/pricing by working with sales, brand pricing managers, and occasionally distributors
  • Compile and maintain quoting reports
  • Continually refine quoting strategy to maximize both sales revenue and profitability
  • Monitor specification and sales performance dashboards, modify quotes, and aid sales in negotiations based on the data
  • Participate in monthly price administrator council team meetings

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