Product Pricing Analyst Job Description

Product Pricing Analyst Job Description

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Product pricing analyst provides system subject matter expertise and utilizes Excel, Teradata SQL, Tableau, Alteryx or other programs for database management and reporting.

Product Pricing Analyst Duties & Responsibilities

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

Sample responsibilities for this position include:

Understand data source for reporting
Identify trends and developments on a continual basis for Product and Promotion
Build solutions that satisfy business partner’s needs, specifically Merchandising Department and Sales Department
Manage change by including business sponsor in the process, including IT, Operation, Product Configuration and Order Management Department
Monitor daily competitor rate movements, special advertisements, and product launches by market
Assist in defining the centralized firm Pricing and Rates (Fx and Interest) product offering
Document offering gaps
Manage the adoption of the centralized pricing product by the various lines of business
Consult with current/future consumers of pricing data to work through differences between the centralized platform and legacy platform(s)
Creation of annual update of intercompany price list for Gas, Steam and Generator parts

Product Pricing Analyst Qualifications

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

Licensing or Certifications for Product Pricing Analyst

List any licenses or certifications required by the position: PMP, SD, SAP

Education for Product Pricing Analyst

Typically a job would require a certain level of education.

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

Skills for Product Pricing Analyst

Desired skills for product pricing analyst include:

Database and spreadsheet applications
TE Operational Advantage/Continuous Improvement Tools
Excel
Security industry is an asset
Systems and excel skills
Competitive 401 offerings
Continuous Improvement
SQL and Databases
Tableau reporting framework

Desired experience for product pricing analyst includes:

Win Rate & Performance Rate for assigned Special Price Requests
Of Deals Won at the Envelope
Deal ASP Deviation & Deal Price Erosion
Bachelor or Master degree in preferably a commercial, financial or technical direction or relevant professional experience
Sound skills in MS Office packages Word and PowerPoint
Experience in working with SAP (SD module) is a plus

Product Pricing Analyst Examples

1

Product Pricing Analyst Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of product pricing analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for product pricing analyst
  • Responsible for the intercompany price of any new item creation on an ongoing basis
  • Support the timely accurate Account Reconciliation for all related natural accounts
  • Pricing and Data Analytics
  • Provides relevant reporting and analyses, including competitive analyses, in support of Pricing Committee Process
  • Prepares and analyzes product pricing and program financials and assists in the preparation of management presentations, business reviews, key findings and recommendations
  • Assists with pro-actively identifying new market opportunities and risks arising from competitive, regulatory and other internal and external factors
  • Maintains and enhances existing pricing and profitability models/pro-formas to support new business initiatives
  • Gathers data and performs analytics to properly back test and validate models and documents assumptions that provide the basis for pricing and profitability measurement
  • Leads or participates on special projects needed
  • Collaborate across business lines to develop budgets/forecasts, develop strategies and ensure targets are met
Qualifications for product pricing analyst
  • Asset Pricing technical
  • Work with Business Development Managers, Sales Account Managers, Independent Sales Representatives and internal departments (Operations, QA, ) to ensure customer needs are met
  • BA/BS from a 4-year college or university
  • Work with segment managers to deep dive on biz performance
  • Should have worked as a Sr
  • Responsible for the price management of a number of product lines
2

Product Pricing Analyst Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of product pricing analyst. 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 product pricing analyst
  • Calculate product costing
  • Review latest financials, analysis trends, assess new risks & opportunities, flag for mitigation
  • Provide information to help prepare and update product budgets
  • Prepare product lifecycle reporting & analysis in accordance with PLC (product
  • Provide information for product investment impairment analysis
  • Provide information to perform pre-pub balance sheet impairment reviews
  • Ad-hoc data analysis to support the Global Product finance team
  • Produce business requirements in an Agile development environment
  • Maintain and alert tracking drivers in COGS
  • Model Product Structure and guide teams to perform product configuration
Qualifications for product pricing analyst
  • 5 years of product development, pricing, forecasting, and / or finance experience
  • Experience facilitating a team environment placing the team ahead of individual goals
  • Experience in collaborating with partners and peers in treasury, finance, technology, marketing, sales and vendors
  • Experience planning and executing multiple projects in a timely and efficient manner
  • Capability of utilizing business acumen and knowledge of business drivers for assessing market conditions and forecasting revenue and pricing actions
  • Exceptional organization skill
3

Product Pricing Analyst Job Description

Job Description Example
Our growing company is looking for a product pricing analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for product pricing analyst
  • Manage SKU definition and configuration upon Product Releases
  • Perform on-going analysis to ensure that data in EPM, Price Book and CPQ is consistent
  • Work with a wide range of internal business partners to help them understand how to interpret product structure & pricing in CPQ including Sales, Marketing, Finance and IT
  • Help to define a clear Release Mgmt and SKU setup process
  • Define, maintain, and analyse metrics to measure Product Configuration accuracy
  • Improve operational efficiency, consistency, and compliance in support of the organization’s financial and tactical business objectives
  • Review business processes, and participate in formulating recommendations for streamlining these processes
  • Work close with IT development team to implement the improvements
  • Write requirements and use cases, workflow documentation, and develop and execute test plans
  • Upload data to the various systems to maintain data consistency
Qualifications for product pricing analyst
  • Ability to form strong partnerships with key stakeholders in other areas and work with them on initiatives
  • Successfully handles multiple tasks
  • 3-7 years’ experience in a retail industry finance role
  • Experience with SAP and Advanced Pricing Software also a plus
  • Bachelor's Degree (Marketing, Sales, Analytics, Business Administration, or relevant field preferred)
  • Bachelor or Master degree in preferably a commercial, financial or technical direction
4

Product Pricing Analyst Job Description

Job Description Example
Our company is growing rapidly and is looking for a product pricing analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for product pricing analyst
  • Merchandizing Optimization – Develop rational solutions and testing methods in order to achieve corporate strategic goals by adjusting product display priorities, introducing new products and coordinating cross-departmental product initiatives
  • Internal Results Communication – Professionally packages data analysis and conclusions in a concise and impactful format in order to communicate analyses to the Manager of Pricing and Product Strategy
  • Perform annual price evaluation and analysis based on competitive pricing, cost, pricing trends, and margin objectives to enhance profitable pricing structure for customers and the company
  • Conduct monthly review of prices by part category to ensure consistency across similar items and within the competitive market
  • Develop understanding of Product and Pricing business strategies and operational processes
  • Develop understanding of the internal and external business drivers that force changes to existing Product and Product Pricing and introduction of new Product and Product Pricing
  • Perform advanced/ complex Product and Pricing data profiling and analysis
  • Design/ contribute to design of Product and Pricing logical data model that are agile and extensible and meet dynamic business needs
  • Experienced with Capital Markets functions such as Product and Pricing including Trading, hedging, and underwriting guidelines
  • Experienced with UI projects implementation pertaining to Pricing and Products
Qualifications for product pricing analyst
  • Use Pricing Software Systems to perform Distributor profitability, price realization, and profit waterfall analysis
  • Asset Pricing technical knowledge and credibility
  • Comfortable using analytics tools
  • Collect, evaluate, and analyze product and market performance data to justify and drive future business planning decisions
  • Build pricing models to estimate financial outcomes of a product/service and assess performance against business goals
  • Help develop strategic insights about the market and competitive landscape that identify opportunities for business growth
5

Product Pricing Analyst Job Description

Job Description Example
Our company is hiring for a product pricing analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for product pricing analyst
  • Assist in LOS system technology assessment for Product rollout
  • Contribute in reviewing user stories mockup for UI alteration and ensuring deliverables are submitted in a timely manner
  • Support UAT and regression testing and address applicable escalated questions
  • Participate and help coordinate deployments
  • Prepare training materials, communication on Product and Pricing technology enhancements
  • Manage onboarding and supports national branch expansion and renewal efforts
  • Collaborate with all internal groups to ensure all branch locations have the proper set up for conducting business
  • Licensing, contract negotiation, renewal administration
  • Build and maintain execution timelines
  • Solicit and incorporate business requirements and build timelines aligned to work execution
Qualifications for product pricing analyst
  • Create presentations based on a variety of data analyses and deliver to internal stakeholders
  • Manage time-sensitive, executive-driven projects and ensure that deadlines are met
  • Effectively communicate and present findings through written and oral reports
  • Work on ad hoc reporting/projects to meet the needs of the business
  • Experience in the financial services and banking technology industries preferred
  • Applicable experience in pricing, business/competitive analysis a plus

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