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Pricing Analyst

4 months ago

Winnipeg, Manitoba, Canada Parker Hannifin Corporation Full time

Position Summary
Assist Strategic Pricing Manager for a division.

Responsble for proactively analyzing and making recommendations considering customer value-based marketing, competitive markets and company costs affecting the business plans and profitability across the division.

Will collect, analyze and evaluate data supporting divisions' price to resistance strategy.

Responsibilities

  • Responsible for design and implementation of continuous improvement techniques and methods to internal processes and systems to eliminate waste and improve process.
  • Works with IT staff in design and implementation of systems and reporting improvements for measuring and monitoring pricing effectiveness and efficiency.
  • Assists in analyzing division product markets determining the ceiling and floor prices of products. Evaluates cause and effect with pricing, volume, cost, competition, distribution and segmentation. Recommends appropriate levels.
  • Monitors and keeps divisions focused on corporate strategic pricing initiatives. Responsible for creating and reinforcing continuous feedback vehicles to encourage successful pricing models. Responsible for implementation of tools to be used by product managers and field sales.
  • Assists divisions in determining appropriate list prices, standard discounts and rebates and managing any restructuring, updating, communication and publication of price increases.
  • Analyzing the exception pricing process by recommending guidelines, authority levels and maintaining a disciplined and structured approach to exception pricing.
  • Provides management with reports which allows management to effectively respond to changing economic conditions and market changes. Performs ongoing measurements and reporting on pricing effectiveness.

Qualifications

  • BS in Business, Engineering, Marketing, or related filed with six years or more experience preferred.
  • MBA preferred
  • Strong analytical and quantitative skills. Excellent PC skills with proficiency with Microsoft Excel and Access.
  • Excellent written, verbal and presentation skills.
  • Project management skills with sales/marketing experience a plus.
  • General understanding of manufacturing processes, practices and cost accounting.
  • Must be able to maintain customer confidence and protect operations by keeping pricing information confident.