Pricing Analyst
Pricing Analyst
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Salary Not Disclosed
1 Vacancy
Job Description
Position Summary
The Pricing Analyst is responsible for overall pricing support to the internal Berg business team and works as a key business partner. This position is also responsible for supporting commercial teams helping monitor the quoting queue providing realtime insights to the sales & ops teams and any pricing deviation support. This role will have a wide degree of latitude to improve our tactical and strategic pricing structure.
Key Responsibilities:
- Proactively look out for market trends and activities that may impact pricing/margins and provide timely advice to management.
- Help resolve escalated discrepancies relating to data integrity pricing issues and trade pricing/promotional management.
- Liaise with key stakeholders within our internal team and the customers to relay key information pricing discrepancies and any other rebate pricing questions or chargeback concerns.
- Support price list creation process and regular updates of pricelist in line with the companys pricing policy.
- Create reports dashboards and visualizations to understand business performance as it relates to pricing programs rebates and chargebacks.
- Collaborate with product management customer service engineering and other department leaders on roadmap planning and prioritization of pricing strategies and pricing adjustments.
- Support the customer master data strategy by assisting in setup and maintaining customer master data within the ERP system to ensure business requirements are achieved.
- Maintain a solid understanding of the entire quote to cash process and how changes influence the process flow and data integrity.
- Drive process improvements and work with management to implement changes.
- Archive and register data relevant to product pricing formula.
- Negotiate price for each order to meet customer certification requirements and requested delivery dates.
- Research cost/profit data to determine price to achieve maximum operating profit and sales.
- Research analyze and negotiate price delivery date and customer certification requirements.
- Interaction with commercial and business leaders within Specialty Components providing real time actionable data and recommendations.
Leadership Competencies
- Business Insight Applying knowledge of business and the marketplace to advance the organizations goals.
- Action Oriented Taking on new opportunities and tough challenges with a sense of urgency high energy
- and enthusiasm.
- Ensures Accountability Holding self and others accountable to meet commitments.
- Drives Results Consistently achieving results even under tough circumstances.
- Being Resilient Rebounding from setbacks and adversity when facing difficult situations.
Requirements:
- Bachelors degree
- Minimum of 3 years of commercial mathematics statistics finance or analytical and data intensive environments. (Mechanical engineering knowledge a plus)
- Strong organization collaboration and communication skills
- Ability to structure and quickly synthesize large volume of data to develop actionable insights
- Intellectual curiosity of how to manage and deliver commercial outcomes more intelligently and efficiently
- Proficiency in Microsoft Suite (Word Excel Outlook)
- Strong business applications/tools experience such as SAP and forecasting techniques; coding knowledge a plus.
Preferred skills:
- Experience working on multifunctional teams
- Solid problemsolving and analytical skills
- Demonstrated ability and desire to learn new systems and applications
- Customercentric mentality with customerfacing work experience
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.
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Benefits
- Medical Dental Vision and Prescription Drug Coverage
- Spending accounts (HSA Health Care FSA and Dependent Care FSA)
- Paid Time Off and Holidays
- 401k Retirement Plan with Matching Employer Contributions
- Life and Accidental Death & Dismemberment (AD&D) Insurance
- Paid Leaves
- Tuition Assistance
About Regal Rexnord
Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30000 associates around the world who help create a better tomorrow by providing sustainable solutions that power transmit and control motion. The Companys electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Companys automation offering comprised of controls actuators drives and precision motors controls motion in applications ranging from factory automation to precision control in surgical tools.
The Companys end markets benefit from meaningful secular demand tailwinds and include factory automation food & beverage aerospace medical data center warehouse alternative energy residential and commercial buildings general industrial construction metals and mining and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions Power Efficiency Solutions and Automation & Motion Control. Regal Rexnord has offices and manufacturing sales and service facilities worldwide. For more information including a copy of our Sustainability Report visit .
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex/gender sexual orientation gender identity pregnancy age ancestry national origin genetic information marital status citizenship status (unless required by the applicable law or government contract) disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds perspectives and skills. If youd like to view a copy of the companys affirmative action plan for protected veterans/individuals with disabilities or policy statement please email you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application please email
Required Experience:
IC
Employment Type
Full-Time
