What are the responsibilities and job description for the Pricing Analyst position at NSI INDUSTRIES?
Focused on the electrical, network infrastructure and HVAC markets, NSI continues to outpace the industry in unprecedented growth. We are all about Making Connections, and we know our future success depends on the collective talents and experiences of our people and their ability to come together for our customers and communities. With locations across North America, NSI has the size and breadth to provide opportunities to grow and develop. If you’re looking for a dynamic, fast-paced and growing workplace to continuously learn and thrive, we want to hear from you!
We are seeking a meticulous Pricing Analyst to join our dynamic team at our NSI Industries Headquarters location (13235 Reese Blvd, Huntersville, NC). The ideal candidate will have a unique blend of commercial and technical knowledge and be responsible for analyzing list prices, discounts, pricing/sales proposals (into-stock and job quotes), market trends, and competitive pricing to optimize our pricing models and drive revenue growth and profitability.
Key Responsibilities:
We are seeking a meticulous Pricing Analyst to join our dynamic team at our NSI Industries Headquarters location (13235 Reese Blvd, Huntersville, NC). The ideal candidate will have a unique blend of commercial and technical knowledge and be responsible for analyzing list prices, discounts, pricing/sales proposals (into-stock and job quotes), market trends, and competitive pricing to optimize our pricing models and drive revenue growth and profitability.
Key Responsibilities:
- Data Analysis: Collect, analyze, and interpret large datasets to identify pricing trends and opportunities.
- Pricing Strategy Development: Work closely with sales, marketing, product management and digital/IT teams to develop and implement pricing strategies that enhance market competitiveness and profitability.
- Forecasting/Modeling: Use statistical methods and tools to assess price elasticity and predict the impact of pricing changes on sales volume and revenue.
- Reporting: Create and generate dashboards and regular pricing reports to management, highlighting key insights, risks, and recommendations.
- Market Research: Monitor market and competitor pricing, understanding the impact of economic indicators, and recommending pricing strategies accordingly.
- Collaboration: Coordinate with cross-functional teams to ensure pricing strategies align with overall business objectives.
- Compliance: Ensure all pricing practices comply with corporate, legal and regulatory standards.
- Education: Bachelor’s degree in business, economics, finance, statistics, or related field. A master’s degree or MBA is a plus.
- Minimum of 4 years in pricing, financial analysis, or similar analytical role.
- Proven experience with pricing analytics, strategy, tools, systems and execution.
- Skills:
- Advanced proficiency in Excel, Access, Power BI, ERP and experience with advanced analytical tools like Alteryx, R, Python, or similar and commercial pricing applications such as PROS, Vendavo, Zilliant, Pricefx or others is a plus.
- Strong understanding of statistical analysis, data modeling, and pricing techniques.
- Excellent communication skills for explaining complex pricing concepts to non-technical stakeholders.
- Problem-solving mindset with a detail-oriented approach
- Strategic thinker with a knack for innovation in pricing solutions.
- High level of integrity and confidentiality in dealing with sensitive pricing information.
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NSI Industries maintains a drug-free workplace and requires all employees to complete and pass a pre-employment drug screen and background check.
NSI Industries is proud to be an EEO employer M/F/D/V.
NSI Industries is an equal opportunity employer and, as such, affirms in policy and practice its commitment to recruit, hire, train, and promote, in all job classifications, without regard to race, color, creed, religion, sex, gender, age, national origin, marital status, sexual orientation, gender identity, gender expression, citizenship, eligible veteran status, disability, or any other status protected by law.
