What are the responsibilities and job description for the Senior Pricing Analyst position at Augment Jobs?
Job Title: Senior Pricing Analyst
Job Overview
We are seeking a detail-oriented and strategic Senior Pricing Analyst to join our team. In this role, you will be responsible for analyzing pricing strategies, conducting competitive market analysis, and developing pricing models to optimize profitability. You will work closely with cross-functional teams to ensure that pricing aligns with overall business objectives and market conditions.
Responsibilities
Job Overview
We are seeking a detail-oriented and strategic Senior Pricing Analyst to join our team. In this role, you will be responsible for analyzing pricing strategies, conducting competitive market analysis, and developing pricing models to optimize profitability. You will work closely with cross-functional teams to ensure that pricing aligns with overall business objectives and market conditions.
Responsibilities
- Develop and implement pricing strategies that maximize profitability while remaining competitive in the market.
- Conduct in-depth market analysis, including competitor pricing and market trends, to inform pricing decisions.
- Create and maintain pricing models to support strategic decision-making and forecast revenue impact.
- Collaborate with product, sales, and marketing teams to align pricing strategies with product positioning and business goals.
- Analyze the impact of pricing changes on sales volumes, revenue, and profitability, providing recommendations based on findings.
- Prepare detailed pricing reports and presentations for senior management, highlighting key insights and recommendations.
- Monitor pricing performance and adjust strategies as needed to respond to market dynamics.
- Support the development of discount and promotional pricing strategies, ensuring they align with overall business objectives.
- Assist in the evaluation of new products or services, providing pricing recommendations based on market analysis and financial modeling.
- Stay current with industry trends, economic conditions, and pricing best practices to ensure competitive advantage.
- Bachelor’s degree in Finance, Economics, Business, or a related field; Master’s degree is a plus.
- 5 years of experience in pricing analysis, financial analysis, or a related field.
- Strong understanding of pricing strategies, market analysis, and competitive dynamics.
- Proficiency in financial modeling, data analysis, and pricing tools/software.
- Excellent analytical, problem-solving, and critical-thinking abilities.
- Strong communication and presentation skills, with the ability to convey complex pricing concepts to stakeholders.
- Experience working with cross-functional teams and influencing decision-making processes.
- Detail-oriented with a strong commitment to accuracy and continuous improvement.
- Ability to manage multiple projects and meet deadlines in a fast-paced environment.
