Pricing Analyst

Lincoln Electric; Ohio; On-site; USD 65,000 - 85,000; Full time

Job summary

A leading manufacturer in welding solutions is seeking a Pricing Analyst. The role involves managing equipment pricing, analyzing market data, and collaborating with sales teams. Candidates should have at least 3 years of relevant experience, a background in Finance, and proficiency in SAP and Excel. Join a dynamic team where impactful pricing strategies drive business success.

Qualifications

• At least 3 years of experience in a similar role.
• Strong understanding of cost and product structures.
• Ability to thrive under pressure in a dynamic environment.

Responsibilities

• Manage and analyze pricing for Int'l HPG equipment.
• Propose customer RFQ prices based on various factors.
• Control and report on margins and profitability.

Skills

Analytical skills

Communication skills

Data analysis proficiency

SAP knowledge

Commercial awareness

Education

Background in Accounting / Finance

Tools

Microsoft Excel

SAP

Job description

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Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 12,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.

Job Responsibilities

Overview

This position is responsible for the management and analysis of the Int’l HPG equipment pricing, keeping and updating the applicable pricelists in databases and SAP.

In collaboration with the regional sales managers, he/she proposes prices to be submitted for the Int’l Business director’s approval, in accordance with commercial and margin HPG strategy.

This role also supports the commercial team in developing the pricing strategy, by collecting and analyzing market information about competitors’ prices and product offering.

• Propose prices for new customer RFQ’s, based on:
• average price / margin on similar products for that customer
• general pricelist – if any & customer approved discount
• Enter and maintain prices in SAP system and perform Price Admin phase in the PLM workflows.
• Control and report about margins, profitability and compliance with pricing policies.
• Manage customers and products pricelists.
• Cooperate with Customer Service in the process of periodical mass price increase.
• Conduct research to collect info about market prices and competitor’s commercial offers for specific product segments, in accordance with Business Development director and Marketing team.
• Foster continuous improvement in the team's daily operations and ways of working.

Job Requirements

• You have at least 3 years of experience in a similar role.
• You have a background in Accounting / Finance
• You understand cost structures, product structures, costing, pricing and profitability
• You are proficient in Microsoft Excel and other relevant data analysis and reporting tools.
• You have SAP system knowledge and experience
• You have strong analytical and quantitative skills to drive insights.
• You have excellent communication and interpersonal skills.
• You are fluent in English.
• You are able to thrive under pressure and manage time effectively in a dynamic, fast-paced environment with multiple demands and shifting priorities
• You are commercially-driven.

Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.

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