1 Pricing Analyst Job in Frisco, TX
Stelvio Group is Hiring a Pricing Analyst Near Frisco, TX
Pricing Analyst
Salary - $110K
Bonus - 10%
Location - Frisco (hybrid)
The Pricing Analyst is responsible for developing and implementing pricing strategies that optimize company profits and market share. This role involves performing environmental analysis, coordinating pricing schedules, compiling cost data, and training team members on pricing processes. The Pricing Analyst will also ensure that all pricing deliverables are accurate and submitted on time.
As a Pricing analyst you will have the following responsibilities:
- Analysis and Research
- Participate in environmental analysis of customers and competitors through internet research, participation in industry conferences, and analysis of contract documentation.
- Stay updated with market trends, pricing strategies of competitors, and potential impacts on the company’s pricing strategy.
- Read, understand, and provide detailed analysis of Request for Proposals (RFPs) /Request for Information (RFIs) Request for Qualification as they relate to potential cost and pricing decisions.
- Identify key pricing requirements and risks associated with each RFP and communicate findings to relevant stakeholders.
- Ensure all pricing activities comply with company policies, industry regulations, and legal requirements.
- Conduct risk assessments and develop mitigation strategies for pricing-related risks.
- Cost/Price Schedule Coordination:
- Develop and establish cost/price schedules for various projects.
- Coordinate and communicate milestones and deadlines to internal teams and lead regular check-in meetings to ensure timely delivery of cost/price deliverables.
- Collaborate with cross-functional teams to gather necessary pricing data and ensure alignment with project objectives.
- Data Compilation and Analysis:
- Collect, edit, and compile cost/price information into comprehensive data models and pricing summaries.
- Present pricing data and analysis to senior leadership to support strategic decision-making.
- Ensure pricing accuracy and efficiency.
- DOT pre-qualification
- Proposal Repository Management:
- Contribute to an effective proposal repository by archiving documents and retaining successful cost/pricing artifacts.
- Ensure that all documents are organized, easily accessible, and up-to-date.
- Identify opportunities for process improvements in pricing strategies and methodologies.
- Implement best practices and innovative solutions to enhance pricing effectiveness.
- Work closely with sales, finance, and operations teams to ensure cohesive and integrated pricing strategies.
- Support cross-functional projects that require pricing expertise.
- Train peers, Subject Matter Experts (SMEs), and other members of cross-functional teams on cost/pricing processes and procedures.
- Develop and deliver training materials and sessions to ensure team members are proficient in pricing methodologies and tools.
The Ideal Pricing analyst should have the following Education and Experience:
- Bachelor’s degree in Business Administration, Marketing, or a related field.
- 5 years experience in pricing, financial analysis, or a related role.
- Above average to advanced knowledge/skills in standard MS Office suite required, including proficiency with advanced Excel functions.
- Proficiency in pricing software and data modelling tools.
- Strong analytical skills with the ability to interpret complex data and provide actionable insights
- Excellent communication and presentation skills
- Detail-oriented with strong organizational skills
- Ability to work independently and as part of a team. Able to communicate effectively with all levels of the organization, including senior/executive leadership and Board of Directors.
- Ability to utilize multiple research methods to accomplish goals
- Able to organize and prioritize multiple work assignments, work with little supervision and work effectively under pressure and tight/numerous deadlines
- Able to effectively read and understand technical/requirement documents as well as legal documents such as customer contracts
- Must be able to think critically and develop well-reasoned analysis; identify the relevance and importance of information, understand the logical connections between ideas, and solve problems systematically as well as creatively
- Must have strong interpersonal skills, with the capability to build consensus and partnership.
If you are interested in the pricing analyst role please can you send through your resume and I will call you back to discuss the role further.
Pricing analyst
Job Summary
Full Time
$75k-92k (estimate)
06/23/2024
07/21/2024
stelvio.com
<25
The job skills required for Pricing Analyst include Pricing, Analysis, Insight, Leadership, RFP, Presentation, etc. Having related job skills and expertise will give you an advantage when applying to be a Pricing Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Pricing Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Pricing Analyst positions, which can be used as a reference in future career path planning. As a Pricing Analyst, it can be promoted into senior positions as a Competitive Pricing Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Pricing Analyst. You can explore the career advancement for a Pricing Analyst below and select your interested title to get hiring information.
If you are interested in becoming a Pricing Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Pricing Analyst job description and responsibilities
Pricing analysts understand business trends and market values for the products and services their organizations offer.
03/24/2022: Virginia Beach, VA
Pricing analysts help determine what prices to set and whether current rates need adjustment.
02/05/2022: Denver, CO
Pricing analysts conduct research to learn the history of the product and previous market trends.
02/24/2022: Lafayette, LA
Pricing analysts collaborate with organizations that employ some form of a recurring revenue model to test various hypotheses about the efficacy of existing and proposed business models, pricing and packaging structure, and general market behavior.
03/14/2022: Boca Raton, FL
Heavily quantitative role focused on guiding management through developing pricing policies.
03/05/2022: Helena, MT
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Pricing Analyst jobs
Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
04/10/2022: Fayetteville, NC
Students and new graduates can usually gain the necessary experience through a junior pricing analysis or finance position.
01/21/2022: Springfield, IL
Use pricing models to measure product profitability.
03/27/2022: Pittsfield, MA
Undertake ad-hoc pricing analysis as required by superiors.
03/02/2022: Boulder, CO
Therefore, to better understand changing price points, businesses should conduct new pricing-sensitivity study and market price tests right away.
03/12/2022: Hopkinsville, KY
Step 3: View the best colleges and universities for Pricing Analyst.
Similar Jobs
Popular Articles
