Pricing Analyst

Belcan; Irvine (CA); On-site; USD 50,000 - 70,000; Full time

Job summary

Belcan in Irvine, CA is seeking an entry-level Pricing Analyst I to help analyze customer value, competitive markets, and company costs to support pricing decisions across the division. You will design improvement methods, prepare price recommendations, and contribute to pricing reporting and tools used by product managers and field sales.

Ideal candidates hold a bachelor's in business/finance/economics, strong analytical skills, and proficiency with Excel and Access; excellent communication

Qualifications

• Bachelor’s degree in Business, Finance, Economics, Engineering, Data Analytics, or a related field.
• Strong analytical and quantitative skills; 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 confidential.

Responsibilities

• Design and implement continuous improvement techniques to internal processes to eliminate waste and improve efficiency.
• Works with other functions in design and implementation of systems and reporting improvements for measuring and monitoring pricing effectiveness and efficiency.
• Assist in analyzing product markets determining the ceiling and floor prices of products.
• Evaluate cause and effect with pricing, volume, cost, competition, distribution and segmentation. Recommend appropriate levels.
• Monitor and keep divisions focused on corporate strategic pricing initiatives.
• Create and reinforce continuous feedback vehicles to encourage successful pricing models.
• Implement tools to be used by product managers and field sales.
• Assist divisions in determining appropriate list prices, standard discounts and rebates and managing any restructuring, updating, communication and publication of price increases.
• Analyze the exception pricing process by recommending guidelines, authority levels and maintaining a disciplined and structured approach to exception pricing.
• Provide management with reports which allows management to effectively respond to changing economic conditions and market changes. Performs ongoing measurements and reporting on pricing effectiveness.

Skills

Analytical skills

Quantitative skills

Excel

Access

Written & verbal communication

Project management

Education

Bachelor’s degree in Business/Finance/Economics/Engineering/Data Analytics

Tools

Microsoft Excel

Microsoft Access

Job description

The Pricing Analyst I is an entry-level pricing role with primary duties involve proactively analyzing and making recommendations considering customer value-based marketing, competitive markets, and company costs affecting the business plans and profitability across the division, incorporating program aspects to support decision-making processes that will impact our long-term future.

Essential Functions:

• Design and implement continuous improvement techniques and methods to internal processes and systems to eliminate waste and improve process.
• Works with other functions in design and implementation of systems and reporting improvements for measuring and monitoring pricing effectiveness and efficiency.
• Assist in analyzing product markets determining the ceiling and floor prices of products.
• Evaluate cause and effect with pricing, volume, cost, competition, distribution and segmentation. Recommend appropriate levels.
• Monitor and keep divisions focused on corporate strategic pricing initiatives.
• Create and reinforce continuous feedback vehicles to encourage successful pricing models.
• Implement tools to be used by product managers and field sales.
• Assist divisions in determining appropriate list prices, standard discounts and rebates and managing any restructuring, updating, communication and publication of price increases.
• Analyze the exception pricing process by recommending guidelines, authority levels and maintaining a disciplined and structured approach to exception pricing.
• Provide 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:

• Bachelor’s degree in Business, Finance, Economics, Engineering, Data Analytics, or a related field.
• 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.