What are the responsibilities and job description for the Pricing Analyst position at RG-Group.com?
RG Group is a growing family-owned business that has been providing trusted expertise in the fluid handling and motion control industry for over 65 years. As a family-owned business, we encourage a culture where associates feel cared for and valued. To foster a team-oriented, engaged, and productive work environment, RG Group makes every effort to provide ongoing learning and career advancement opportunities, competitive pay and benefits, and flexible work schedules.
What We Offer
Position Summary
A strategic pricing analyst analyzes market data, competitor strategies, and internal costs to develop and implement effective pricing strategies that maximize profitability and achieve business goals.
Duties And Responsibilities
What We Offer
- Competitive Salary and Bonus
- Medical, Dental & Vision Insurance
- Generous PTO
- Educational Assistance Reimbursement
- Ongoing paid training and certification opportunities
- 401k & Matching
- Company Sponsored Social Events
- Employee Assistance Program
Position Summary
A strategic pricing analyst analyzes market data, competitor strategies, and internal costs to develop and implement effective pricing strategies that maximize profitability and achieve business goals.
Duties And Responsibilities
- Conducts thorough research on industry trends, competitor pricing, and customer behavior to understand the market landscape.
- Analyzes data to identify patterns, opportunities, and potential risks related to pricing.
- Develops and recommends pricing strategies that align with the company's overall business objectives, such as maximizing revenue, market share, or profit margins.
- Considers factors like cost structure, product value, competitive pricing, and customer demand when formulating pricing strategies.
- Uses financial models to forecast the impact of different pricing scenarios on sales, revenue, and profitability.
- Analyzes the cost of producing products and services to determine optimal pricing points.
- Works with cross-functional teams to implement pricing strategies and ensure they are effectively communicated and executed.
- Monitors the performance of pricing strategies, track key metrics, and makes adjustments as needed to optimize results.
- Communicates pricing recommendations and findings to stakeholders, including management, sales, and marketing teams.
- Collaborates with other departments to ensure that pricing strategies are aligned with overall business objectives.
- Financial management experience with planning, forecasting, and business analysis.
- Work cross-functionally throughout the organization to drive analysis-driven change.
- Demonstrates complex problem resolution proficiency and the ability to identify/implement process and system enhancements.
- Proficiency with analytical and presentation tools.
- In-depth knowledge of BI tools and practical experience analyzing data, program metrics, and performance.
- Bachelor’s degree in finance, operations, research, statistics, math, economics, or related analytical discipline preferred.
- Experience within manufacturing and/or distribution a plus.
- None
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
- Must be able to access various departments of a given location.
Salary : $70,000 - $80,000
