Pricing Analyst

Northern Tool + Equipment; Burnsville (MN); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Hybrid work

Health plans

401(k) with match

Daily Pay

Paid holidays

Employee discount

Job summary

Northern Tool + Equipment is seeking a Pricing Analyst in Burnsville, MN. You will partner with Merchandising to align pricing with company goals, manage margins across regular, promotional and clearance price points, and deliver data-driven recommendations.

The role blends on-site collaboration 3–4 days with 1–2 days remote, requiring strong analytical skills, Excel/SQL/Power BI proficiency, and a proactive, collaborative mindset.

Qualifications

• Bachelor’s degree in Business, Economics or Mathematics preferred.
• 3+ years’ experience in Pricing, Merchandising, Finance or analysis role.
• Excellent analytical skills with data gathering, analysis, Summarization and recommendations.
• Strong math aptitude including margin and P&L impact understanding.
• Proven ability to react quickly to change and manage multiple tasks.

Responsibilities

• Collects and validates external pricing data to ensure competitive positioning.
• Provides competitive pricing reports to Merchandising partners and suggests actions.
• Conducts weekly margin reviews across pricing points.
• Identify opportunities to optimize pricing for better margin and competitiveness.
• Models sales and margin impacts and supports Merchandising with implementations.
• Generates pricing reports and insights using analytical tools.
• Acts as strategic consultant on new item pricing with competitive data.
• Tracks impact of price adjustments and adapts to market dynamics.

Skills

Bachelor’s degree in related field

3+ years of pricing/merchandising/anal

Analytical skills

Math aptitude

Excel

SQL

Power BI

Pricing optimization software

Effective communication

Education

Bachelor’s degree in related field

Tools

Excel

SQL

Power BI

Job description

At Northern Tool + Equipment we get up every day to serve the tradespeople who keep our country running strong and the weekend warriors who want to work like them. It’s our mission to make sure they have the right tools for the job, and an easy, hassle-free experience at our store so they can get in, get out and get on with the job at hand.

Your top priority as a Pricing Analyst is to be responsible for ensuring category pricing strategies align with company goals and business initiatives. This role serves as the key partner for Northern Tool’s Merchandising team, managing margin rates across regular, promotional, and clearance pricing to optimize profitability and competitiveness. Your positive, professional, roll-up-your-sleeves-to-help attitude contributes to our winning culture and makes sure we leave a lasting impression.

This is a hybrid role based in Burnsville, Minnesota working 3-4 days onsite and 1-2 days remote.

Key Responsibilities

Competitive Analysis & Data Management

• Collects and validates external pricing data from multiple sources to ensure accurate competitive positioning.
• Provides competitive pricing reports to Merchant partners, recommending strategic actions aligned with category objectives.

Pricing Strategy & Execution

• Conducts weekly margin reviews, delivering insights and recommendations for pricing adjustments across regular, promotional, and clearance price points.
• Identifies opportunities for pricing optimization to enhance margin performance while maintaining competitive positioning.
• Models sales and margin impacts associated with pricing scenarios and collaborates with Merchandising teams to implement strategies.

Data-Driven Decision Making

• Utilizes existing analytical tools to generate customized pricing reports and insights based on business needs.
• Acts as a strategic consultant on new item pricing, supplying competitive data and category analytics.
• Tracks and analyzes the impact of price adjustments, adjusting pricing strategies based on market dynamics, trends, and opportunities.

Process Improvement & Collaboration

• Reviews internal pricing data to identify and execute pricing opportunities.
• Takes initiative in identifying and resolving pricing and margin-related issues through collaboration with peers and leadership.
• Leads the execution of end-of-life and seasonal markdowns for assigned product categories.

Communication & Reporting

• Keeps leadership informed of critical developments, potential risks, and key opportunities related to pricing strategy.
• Coordinates and communicates pricing plans and initiatives with relevant teams to ensure alignment and a cohesive approach.
• Performs other related duties as assigned.

What You Will Bring To The Table

• Bachelor’s degree in a related field required with a concentration in Business, Economics, or Mathematics preferred.
• 3+ years’ experience in Pricing, Merchandising, Finance or analysis role.
• Excellent analytical skills and ability to effectively gather data, analyze, summarize and make recommendations.
• Strong math aptitude including understanding components of financial analysis, margin and impact to P&L.
• Ability to react quickly to change, be flexible, and think critically.
• Strong organizational skills to effectively manage a variety of responsibilities.
• Ability to communicate effectively, both orally and in writing, with a wide variety of company and vendor personnel.
• Excellent computer skills with strong abilities in Excel, SQL and PowerBi preferred.
• Experience working with pricing optimization software preferred.
• Demonstrates Northern Tool + Equipment’s Core Competencies.

About Us

Northern Tool + Equipment is a family business with roots stretching back three generations to Minnesota’s Iron Range, where our blue-collar work ethic and commitment to serving the people who do the tough jobs was born. Our mission is to be the best in the world at serving the professional tradespeople and those who want to work like them. With over 130 retail stores across 24 states, top national brands and global manufacturing operations designed to create our own specialized tools and equipment, we are busting our knuckles to deliver the products, prices and advice our customers need to succeed. We’re looking for people who share our blue‑collar work ethic. If you’re the kind of person who likes to put your nose to the grindstone to help your customers and company succeed. Northern Tool + Equipment Is Proud To Be Recognized By Forbes As a Top Midsize Employer In 2023. We Are Committed To Creating a Workplace Where Your Contributions Are Valued, And Your Professional Growth Is Encouraged. When You Join Our Team, You’ll Enjoy a Comprehensive And Competitive Compensation Package That Includes

• Competitive Pay: Earn $70,000 - $90,000 annually, with your exact compensation personalized based on your skills, experience, and location. We believe in rewarding top talent with pay that reflects your value.
• Flexible Work Schedule: Achieve the work‑life balance you deserve with our full‑time, 8‑hour shifts, Monday - Friday, complimented by a hybrid work schedule that allows you to work both remotely and in the office.
• Comprehensive Benefits Package: Your health and well‑being are our priority. We offer a variety of health plans, so you can choose what best fits your needs. Employees working 30+ hours per week enjoy a robust benefits package, including medical, dental, vision, and a 401(k) plan with an enhanced company match to support your financial future.
• Generous Employee Discount: Love our products? So do we! Enjoy a significant discount on the quality tools and equipment we offer, helping you save on the items you love to use.
• Get Paid on Your Terms: With our Daily Pay option, you don’t have to wait for payday—access your earnings whenever you need them for added financial flexibility.
• Holidays and Time Off: We believe in giving our team time to relax and recharge. Our stores are closed on Easter, Thanksgiving, and Christmas, ensuring you can enjoy these special occasions with your loved ones. Additionally, we operate with reduced hours on five other federal holidays, recognizing the importance of personal time. Employees working 30+ hours per week are eligible for paid holidays and paid time off.
• Incentives: Be rewarded for eligible incentive programs.

When you join Northern Tool + Equipment, you're not just starting a job - you're joining a community that supports your success. Come be a part of a team where your skills, dedication, and passion are recognized and celebrated. Your future starts here!