Pricing Analyst

Posted 21 June 2022
Salary£30000 - £45000 per annum + 25 days holiday, 7% match pension
LocationManchester
Job type Permanent
DisciplineEngineering Recruitment
Reference481 Pricing Analyst
Contact NameNicholas Thompson

Job description

What you will do

You will work with senior management to develop and implement product price strategies to optimize revenue and profitability. You will present pricing analytics to inspire change that will improve organisational structure and efficiency while reducing costs.

How you will do it

*Support delivery of pricing initiatives on an annual and project basis
*Handle pricing activity and competitor analysis across the businesses'
*Maintain pricing (IRR) models, in line with costs, business financial guidelines and
price market expectations (internal and external).
*Build IRR models for product / price changes to present back to Pricing Lead and
business unit Finance Manager.
*Collate data from internal systems to support finding opportunities through analysis
to expand margins and / or acquire growth using pricing initiatives predominantly
within the transactional channels, but also other LOB's when required.
*Build and update Power BI dashboards for easy interrogation, relating to volume,
conversion, and value performance.
*Support creation of pricing related cases and tracking of benefit relating to
pricing initiatives.
*Provide data that allows for tracking of product and / or price changes within sales
and service.
*Track impact of price increases / changes / campaigns reporting to identified key
stakeholders.
*Support Pricing Lead regarding business unit projects that require pricing input.
*Reconcile sales systems on regular basis to ensure alignment of costs and product
hours.
*Lead ongoing analysis relating to margin and volume performance, identifying changes
to value proposition driving incremental pricing benefit against set targets.
*Teamwork across multiple business functions and higher management.

What we look for

Essential
*Minimum of 2 years of working in a pricing environment.
*Experience of data analysis.
*Intermediate knowledge of Excel and insights of creating basic formulas.

Preferred

*Preferably some experience being involved in projects/programmes and driving
improvements.
*Educated to A-level standard (or equivalent)
*CRM / CPQ management and use
*Awareness of creating and leading Power BI dashboards and identifying trends and
opportunities.

If you are successful we can offer you a company culture that promotes work life balance, a dedication to continued learning and development, access to mental health support, a fantastic benefits package which includes a competitive salary, pension, life assurance, employee assistance program, employee referral scheme, discount on Johnson Controls security products including ADT Smart Home plus voluntary schemes for childcare vouchers, cycle to work, eye care vouchers and holiday purchase.