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Pricing Analyst
Pricing AnalystBemana, LLC • Chesterfield, MO, US
Pricing Analyst

Pricing Analyst

Bemana, LLC • Chesterfield, MO, US
27 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Bemana is assisting our client in finding a Pricing Analyst to join their team. Our client is a dynamic, engineering-driven company whose goal is to design and produce superior products that help customers solve their needs for Packaging, Insulation and Componentry.

As a Pricing Analyst , you will be responsible for maintaining, analyzing and helping determine pricing strategies for products and services. You'll manage pricing datasets and develop / streamline processes for all pricing and price changes / implementation. You'll also be involved in tracking material pricing, assessing competitor pricing, customer demand and overall business goals to help set competitive and profitable pricing models.

This is a hybrid role with 2-3 days / week spent at HQ in Chesterfield, MO.

Benefits :

  • PAY : $75k - $85k base. If your target pay is higher, we still encourage you to apply—we could request adjustments based on experience and market conditions.
  • 7% bonus opportunity.
  • PTO : 2 weeks
  • 401k + 3% match.
  • Medical, dental, vision.
  • Other great benefits!

Essential Duties and Responsibilities :

  • Develop and propose pricing strategies for products or services that align with business objectives.
  • Work with Commercial, Operations and Finance teams to understand the target customer and set competitive prices. Roll out price adjustments as needed based on raw material changes, economic or market conditions.
  • Responsible for price quotation workflow between cross-functional departments.
  • Create model for analyzing price changes.
  • Analyze the cost structure of products or services to ensure that the pricing will cover costs and generate desired margins.
  • Use financial models and analytical tools to assess the profitability of different pricing scenarios.
  • Implement dynamic pricing models that optimizes revenue while maintaining competitive advantage.
  • Regularly review pricing models to ensure they are in line with market conditions and company goals.
  • Manage pricing processes from customer to order.
  • Recommend areas for process improvements to enhance or streamline processes.
  • Maintain pricing adjustments for key customers and ensure adjustments are documented and implemented.
  • Manage master file of all pricing in various ERP systems.
  • Assist Sales team with price changes, including templates.
  • Provide regular reports on pricing performance, including revenue, profit margins, and market share.
  • Present pricing recommendations and performance analysis to senior management or other stakeholders.
  • Work closely with the commercial, operations, and finance teams to align on pricing strategy and ensure that pricing supports broader business goals.
  • Collaborate with sales teams to understand their needs and provide data-driven insights.
  • Assist in the development of sales strategies by offering analytical support.
  • Help sales teams understand pricing structures and provide them with the necessary tools to communicate value to customers effectively.
  • Track sales team performance, territory performance, and individual metrics.
  • Identify areas where performance can be improved and propose solutions.
  • Project management as needed.
  • Education Requirements / Work Experience :

  • Bachelor's degree in business, economics, finance, or a related field.
  • Minimum 3 years of experience in pricing, finance, or data analysis.
  • Manufacturing industry experience preferred.
  • Proficient with Microsoft Office.
  • Proficiency in use of ERP Systems and CRM Software (Salesforce) and Power BI, Tableau, and Smartsheet.
  • Application Process

    If your experience matches the description above, submit your resume, and one of our recruiters will be in touch to tell you more about the position and learn more about your experience and aspirations.

    If your experience does not match this job description, we still encourage you to reach out to one of our recruiters, so we can learn about your professional aspirations for future job openings.

    About Bemana

    Bemana provides recruiting services to the nation's equipment and industrial sectors. Our clients and candidates value us for our specialized recruiting expertise, vast knowledge of the equipment and industrial job market, and ability to solve their most challenging employment needs. We have successfully recruited thousands of top-level professionals filling a wide range of management, sales, engineering, and technical positions across the nation.

    Welcome to Bemana and we look forward to getting to know more about you.

    Referral Program

    Bemana offers a $500 reward for referrals that lead to a hire. So, if this job or location is not for you, but you know someone that might be interested, send them this link and we'll send you a check if they get hired. Terms & conditions apply.

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    Pricing Analyst • Chesterfield, MO, US

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