Pricing Specialist Job Description
Pricing specialist
provides advanced level support in the full Microsoft Suite, specifically Word and Excel.
Pricing Specialist Duties & Responsibilities
To write an effective pricing specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included pricing specialist job description templates that you can modify and use.
Sample responsibilities for this position include:
Lead the delivery of the monthly transfer pricing process and develop annual budgets and ICAAP forecasts for Transfer Pricing
Prepare and present monthly Transfer Pricing MI to both the Divisions and Business Units and the Transfer Pricing Committee
Process and distribute to all labels the monthly exception pricing notification for new product set ups and input the data once the labels supply the required pricing
Keep up with the changing Transfer Pricing news responsible for educating internal stakeholders on the changes
Develop pricing strategies and offerings designed to grow market share, revenue per user, and maximize profitability
Proactively ensure effective partnership and engagement with Finance Services, (in particular Group Treasury Accounting) to ensure timely and accurate Transfer Pricing output
Prepare analysis and commentary for various stakeholders on Transfer Pricing (including ALCO etc)
Working collaboratively with Group Treasury to ensure Transfer Pricing poly and process remains current, reflecting both the current business and regulatory environment
Compare and balance work entered into Excel balancing reports with balancing script totals
Research any OOB’s for the balancing, with specific care to the excel spreadsheet and any new items that appear in the script.Document and explain balancing procedures for SOX auditors
Pricing Specialist Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Pricing Specialist
List any licenses or certifications required by the position: CAAS, NCMA, CPA, CA, CPM, APICS, RFP, CDS, CAS, TINA
Education for Pricing Specialist
Typically a job would require a certain level of education.
Employers hiring for the pricing specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Finance, Economics, Education, Engineering, Marketing, Accounting, Mathematics, Technical, Business/Administration
Skills for Pricing Specialist
Desired skills for pricing specialist include:
Excel
SAP
Excel and PowerPoint
Pricing
Microsoft Word and Outlook
Mortgage
Accounting principles and procedures
Microsoft Excel
MS Excel
Microsoft Office
Desired experience for pricing specialist includes:
Minimally a degree in Finance and/or Accounting
Good knowledge of Tax regulations in China is a must
Experience and/or knowledge of freight/transportation industry
A minimum MBA level required or university equivalent, specialized in Accounting
Degree in Economics or related subject
ACCA or CPA qualifications are preferable
Pricing Specialist Examples
1
Pricing Specialist Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of pricing specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for pricing specialist
- Assist the Director of Pricing Control with all Audit requirements of the department
- Pricing calculations
- Manage contracts and pricing for the given accounts
- Follows the market feedbacks/market share information and proposes pricing actions accordingly
- Makes sure that all prices for customers are properly maintained in SAP
- Negotiates yearly/quarterly rebate schemes for customers and maintains them in SAP
- Ensure all pricing cut off are respected
- Project management – leading cross functional teams from concept to execution to post mortem
- Product management – manage Roaming Product life cycle
- Size opportunities quickly and provide recommendations
Qualifications for pricing specialist
- Ongoing analysis of the competitive environment and industry trends
- Business Case development for strategic campaigns
- Database analysis to identify new opportunities and solutions
- Experience in Marketing or Product Management
- Ability to think both strategically and analytically to identify and assess new opportunities
- Think like the customer
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Pricing Specialist Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of pricing specialist. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for pricing specialist
- Lead the development of a truck pricing system
- Manage assigned Mainframe maintenance applications and pricing systems (Probuilder)
- Verify that data input from specific systems (i.e., ESS) are communicated/input into non-related systems (i.e., Jupiter)
- Communicate and verify out of balance situations to Sr
- Run computer generated reports as required to fulfill functions of the department
- Accurate data entry for customer/product/program maintenance in ESS
- Accurate data entry for product into GCDM/ESS (previously SLC/ESS) maintenance into the appropriate systems
- Update NRCS for maintenance/set up as required
- Support HP Legacy input as back up to NY entry, and also process any data entry requirements as they occur
- Process sales adjustments for A/R and also all price protection requirements, including on hands & rebate adjustments
Qualifications for pricing specialist
- Relational database experience for data mining and revenue planning
- Assist in system testing requirements for all applications utilized by the P&C group, including ESSTEST3
- Support AS/400 Legacy as back up for WBR
- Back up for outsales balancing and perform adjustments as required
- Assist the Supervisor and/or the Sr
- Knowledge of basic math and the ability to perform math functions in units of American currency
3
Pricing Specialist Job Description
Job Description Example
Our company is looking for a pricing specialist. 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 specialist
- Utilize competitive pricing data to formulate profitability models and present pricing recommendations
- Monitor, document and analyse pricing actions of competitors
- Research pricing by customer and market segments
- Develop strategic pricing models to maximize margins and sales
- Analyze and remediate pricing and margin discrepancies
- Produce bid pricing for national, corporate or strategic customers
- Implement customer contract pricing
- Assist Pricing Manager with other projects as needed
- Provide pricing compliance support
- Act as a single point of contact for all pricing related questions
Qualifications for pricing specialist
- Dependability and Flexibility
- Ability to work overtime when scheduled
- Required - Computer proficient
- Required - Computer searches and research abilities
- Preferred Skill - MS Access or any data organizing abilities
- Preferred Skill - Experience in freight accounting and distribution procedures
4
Pricing Specialist Job Description
Job Description Example
Our company is hiring for a pricing specialist. 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 specialist
- Submits pricing request to Pricing Management team for approval
- Support P4S initiatives using enhancements to pricing structure tier pricing, freight accruals, rebates
- Review key performance indicators and pharmacy sales data to identify, analyze, and assess pricing models
- Gain member commitment on pricing strategies, perform appropriate revisions, and create reporting to measure/track impact of changes to margin and revenue
- Work closely with members to address and resolve any pharmacy pricing issues in a timely manner
- Drive member participation in pricing initiatives
- Monitor and understand the competitive landscape and gather market pricing information
- Maintain pricing and profitability models
- Review and analyze current pricing within our operations and inform management of any issues that arise
- Compiles and reviews internal and external data to make better pricing decisions
Qualifications for pricing specialist
- GED or equivalent and 1 year of related experience
- Bachelor’s Degree in Business, Economics, or closely related
- Ability to manage and analyze large amounts of data from various sources
- Experience presenting findings to management and propose recommendations
- Cost / revenue / profit analysis experience required
- Present proposal to committee members
5
Pricing Specialist Job Description
Job Description Example
Our company is growing rapidly and is looking for a pricing specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for pricing specialist
- Review & maintain Pricing mechanisms
- Implement price changes as necessary to maintain category pricing strategies
- Write requirements to change the guided flow pricing packages defaulting for agents in OrderMAX and for customers on eShop and MyBell
- Deploy and validate weekly changes to existing offers and products outside of scheduled IT repeatable pricing releases based on competitive responses
- Participate in monthly IT repeatable pricing release deployments to validate changes in production and communicate any issues found
- Evaluates profitability of the customers/regions and proposes corrective actions if needed
- Prepares price list downloads for commercial team upon request
- Evaluates stock levels and profitability of the products to propose promotional actions
- Analyzes weekly profitability reports to make sure that margin is above target level and look for any outliers that may need some corrections
- Develops and implements forward costing models to include approaching cost out actions in order to accelerate LED product sales
Qualifications for pricing specialist
- Must have a minimum of Bachelors degree in related field or equivalent experience
- Pharmaceutical industry experience is highly preferred
- Have to be very analytical
- Supports commercial teams with price/profitability analysis of incoming quotes along with the recommendation on approved price levels
- In cooperation with Product Management team prepares and communicates to the commercial team target/minimum prices on key products
- Creativity and ability to come up with solutions