Pricing Manager
East Hanover, New Jersey
Direct Hire
$100,000.00 - $130,000.00 per Year
RESPONSIBILTIES:
Develop and implement pricing tools that will provide organization with a competitive advantage
Responsible for comprehensive analyses to deliver actionable insights on market price data, define the most impactful margin protection and cost-out initiatives, and increase profit through strategic price adjustments
Grow and maintain a sustainable process from square one to analyze market data and compare it to current business (Excel Power query).
Monitor and track the market price and act as the lead contact with external vendors on data scrapping projects.
Determine appropriate pricing opportunities to increase revenue.
Analyze competitor pricing and market trends to increase firm’s market share and profitability.
Apply statistical modeling methods to determine the potential impact of pricing strategies on profitability (price vs volume at a product level).
Collaborate with sales and marketing departments to develop and implement competitive pricing strategies.
Create dynamic pricing tools to effectively respond to changing market needs and trends.
Prepare and present pricing analysis findings to executives, marketing teams, and sales staff and apply market price project findings to daily business and customer price files.
Manage Global Account Customers' regional pricing and update SAP with local values.
Support intercompany pricing with entities to determine gaps and opportunities.
Create and manage SAP uploads related to list prices and key customers.
Integrate market price knowledge into project quoting and end-to-end margin review.
Manage competing demands and identify and resolve problems promptly; gathering and analyzing information.
Report to VP Product Management
Collaborate with cross-functional teams across North America, including Sales, Product Management, Operations, and Finance.
REQUIREMENTS:
A bachelor's degree in mathematics, statistics, finance, economics, or in a related field
A minimum of five years' experience as a pricing analyst in a similar industry
Ability to present pricing analysis reports to relevant stakeholders and leadership team
Experience in analyzing pricing strategies and forecasting revenue and market share and collaborating on pricing strategies with sales and marketing departments
Must possess a strong analytical and Business Intelligence background and utilize Excel Power Query
Expertise in visualization tool such as Tableau, Alteryx and SQL programming is a plus
Must have in-depth knowledge of statistical methods and data analysis
Extremely data-driven with strong attention to detail; ability to manipulate and translate data
Understanding business implications of decisions
Highly proficient with MS Office (Excel, Word and PowerPoint)
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records subject to federal contractor requirements and/or security clearance requirements.
Pricing Manager
LHH
22 days ago
$100,000.00 - $130,000.00 per Year
Direct Hire
East Hanover, New Jersey
RESPONSIBILTIES:
Develop and implement pricing tools that will provide organization with a competitive advantage
Responsible for comprehensive analyses to deliver actionable insights on market price data, define the most impactful margin protection and cost-out initiatives, and increase profit through strategic price adjustments
Grow and maintain a sustainable process from square one to analyze market data and compare it to current business (Excel Power query).
Monitor and track the market price and act as the lead contact with external vendors on data scrapping projects.
Determine appropriate pricing opportunities to increase revenue.
Analyze competitor pricing and market trends to increase firm’s market share and profitability.
Apply statistical modeling methods to determine the potential impact of pricing strategies on profitability (price vs volume at a product level).
Collaborate with sales and marketing departments to develop and implement competitive pricing strategies.
Create dynamic pricing tools to effectively respond to changing market needs and trends.
Prepare and present pricing analysis findings to executives, marketing teams, and sales staff and apply market price project findings to daily business and customer price files.
Manage Global Account Customers' regional pricing and update SAP with local values.
Support intercompany pricing with entities to determine gaps and opportunities.
Create and manage SAP uploads related to list prices and key customers.
Integrate market price knowledge into project quoting and end-to-end margin review.
Manage competing demands and identify and resolve problems promptly; gathering and analyzing information.
Report to VP Product Management
Collaborate with cross-functional teams across North America, including Sales, Product Management, Operations, and Finance.
REQUIREMENTS:
A bachelor's degree in mathematics, statistics, finance, economics, or in a related field
A minimum of five years' experience as a pricing analyst in a similar industry
Ability to present pricing analysis reports to relevant stakeholders and leadership team
Experience in analyzing pricing strategies and forecasting revenue and market share and collaborating on pricing strategies with sales and marketing departments
Must possess a strong analytical and Business Intelligence background and utilize Excel Power Query
Expertise in visualization tool such as Tableau, Alteryx and SQL programming is a plus
Must have in-depth knowledge of statistical methods and data analysis
Extremely data-driven with strong attention to detail; ability to manipulate and translate data
Understanding business implications of decisions
Highly proficient with MS Office (Excel, Word and PowerPoint)
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records subject to federal contractor requirements and/or security clearance requirements.