Are you interested in a career that combines your analytical skills with your ability to think strategically? If so, this Pricing Analyst Job Description might be the perfect fit for you!
As a pricing analyst, you will be responsible for evaluating market trends, analyzing data, and developing pricing strategies to maximize profits for your organization. You will work closely with sales, marketing, and finance teams to gather and analyze data on competitors, market conditions, and customer behavior to inform pricing decisions. You will also be responsible for monitoring the effectiveness of pricing strategies and making recommendations for adjustments as needed.
In addition to strong analytical skills, a successful pricing analyst will also have excellent communication and problem-solving abilities. You will need to be able to present your findings and recommendations clearly to stakeholders and work collaboratively with cross-functional teams to implement pricing strategies.
If you’re looking for a dynamic and challenging role that allows you to use your analytical skills to drive business decisions, a job as a pricing analyst might be the perfect fit for you!
Pricing Analyst Job Description
A pricing analyst job description may include the following responsibilities:
- Researching and collecting data on costs, competitor pricing, and customer buying habits
- Analyzing data to identify trends and develop pricing models
- Developing strategies to increase sales and profits
- Working with sales, marketing, and finance teams to develop pricing models
- Negotiating with suppliers to get the best prices for raw materials
- Managing price changes in the system
- Monitoring customer reactions to price changes
- Creating reports on pricing trends and recommendations for changes
Salary Of a Pricing Analyst
- The average salary for a pricing analyst is $60,000 per year.
- However, salaries can range from $50,000 to $70,000 per year depending on experience, education, and location.
- Pricing analysts with an MBA or Master’s degree may earn higher salaries.
- Those working in New York City or San Francisco may also earn higher salaries due to the cost of living in these cities.
Pricing Analyst Roles & Duties
- A pricing analyst typically works in an office setting during regular business hours.
- They may need to travel occasionally to meet with suppliers or customers.
- Some companies may require their analysts to have a bachelor’s degree in business, economics, or a related field.
- Strong analytical skills are also important as well as experience working with Excel and other data analysis software.
Pricing Analyst Job Description
We are a market leader in providing software solutions to the retail industry. As we are a global organization with over 1,000 employees and are utilized by 90% of the organizations within their target market. We boast a lot of inbound business and are actively looking to hire a Pricing Analyst. This is a remote based opportunity.
Job Description:
- The Pricing Analyst will be responsible for developing and maintaining pricing models for our retail clients across Europe.
- You will work closely with the sales team to understand customer requirements and develop tailor-made pricing proposals.
- In addition, you will monitor competitor activity and keep up to date with industry trends in order to make recommendations on pricing strategy.
- Furthermore, you will liaise with other departments such as product management, finance and marketing to ensure that pricing objectives are aligned with company strategy.
The Successful Applicant:
- The ideal candidate will have experience working in a similar role within the retail sector.
- You will have excellent analytical skills and be able to think strategically about pricing issues.
- In addition, you must be able to communicate effectively both verbally and in writing as this role involves liaising with people at all levels within the organization.
Offer Details:
- Competitive salary + benefits package
Senior pricing analyst job description
We are a market leading organization within the FMCG sector. We are a large, well-known company with an excellent reputation in their industry. Due to continued growth and success, we are now looking to add a Senior Pricing Analyst to our team. This is an exciting time to join the company as they are going through a period of change and transformation.
Job Description:
- The Senior Pricing Analyst will be responsible for providing accurate and timely pricing analysis to support the business in achieving its objectives.
- You will develop strong relationships with key stakeholders across the organization and provide them with insightful pricing analysis to help inform decision making.
- You will also be responsible for maintaining price lists, monitoring competitor activity and managing promotional pricing strategies.
- In addition, you will contribute to the development of new pricing models and tools as well as working on ad hoc projects when required.
The Successful Applicant:
- To be successful in this role you will have previous experience working as a Pricing Analyst or similar role within an FMCG environment.
- You will have strong analytical skills with the ability to manipulating large data sets using Excel. Experience of SQL would also be beneficial but is not essential.
- You must be able to work at pace and under pressure whilst still maintaining accuracy in your work.
- In addition, you must be able to build strong relationships with key stakeholders across the business.
Offer Details:
- Excellent salary + bonus
- Strong benefits package
- Dynamic working environment
Transfer pricing analyst job description
We are a global organization are a market leader in the provision of bespoke solutions. We work with some of the biggest names in their field and are constantly striving to innovate and be at the forefront of our industry. With a large international network, we offer fantastic opportunities for career progression.
Job Description:
- The successful candidate will be responsible for assisting in the management of Transfer Pricing documentation for a portfolio of clients across multiple jurisdictions
- You will liaise with clients and third parties to obtain relevant information and ensure that all deadlines are met
- You will be involved in compiling transfer pricing reports and preparing economic analysis
- You will support senior members of the team with ad hoc projects as required
- The role offers excellent exposure to Transfer Pricing and an opportunity to develop your skills within a leading firm.
The Successful Applicant:
- Candidates must have previous experience working in Transfer Pricing or a similar role within Corporate Tax
- Strong academic credentials including a 2.1 degree or above in Economics, Finance or another numerate discipline from a reputable university is essential
- Candidates must be able to demonstrate strong analytical skills with the ability to communicate complex concepts clearly both verbally and written
- An ACA/ACCA/CTA qualification or studying towards one would be advantageous but is not essential
Offer Details:
- Salary depending on experience + bonus + benefits
Retail pricing analyst job description
Our company is a market leader in the retail industry. We are looking for a Retail Pricing Analyst to join our team. The Retail Pricing Analyst will be responsible for analyzing data, developing pricing strategies, and executing price changes. This position will report to the Senior Director of Pricing and will work closely with the marketing, merchandising, and accounting teams.
Job Description:
- Analyze data to identify trends and recommend pricing strategies
- Develop models to forecast future sales and margins
- Execute price changes in accordance with company guidelines
- Monitor competitor pricing and adjust strategies accordingly
- Collaborate with marketing, merchandising, and accounting teams to ensure successful execution of pricing strategy
- Prepare reports to present to senior management
The Successful Applicant:
- Bachelor’s degree in Business Administration, Economics, or related field required; Master’s degree preferred
- 3+ years of experience in pricing or financial analysis required
- Strong analytical skills with the ability to understand complex data sets
- Excellent communication skills with the ability to present findings clearly and concisely
- Proficient in Microsoft Excel; experience with Tableau or similar software preferred but not required
Offer Details:
- Competitive salary plus bonus potential -Health insurance (medical, dental, vision)
- 401k match
- Generous PTO policy
Conclusion:
Pricing analysts are important members of any company that sells products or services. They are responsible for analyzing costs, competitor pricing, and customer buying habits to develop strategies that maximize profits. Pricing analysts typically have a bachelor’s degree in business, economics, or a related field and strong analytical skills.
The average salary for a pricing analyst is $60,000 per year but can range from $50,000 to $70,000 per year depending on experience and location. New York City and San Francisco are two of the highest paying cities for this role due to the high cost of living in these cities.