Senior Pricing Analyst

Socket.dev

Deerfield Beach (FL)

On-site

USD 90,000 - 130,000

Full time

10 days ago

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Job summary

Socket.dev is seeking a Senior Pricing Analyst to manage end-to-end vendor pricing submissions, including Enhanced Pricing Requests (EPR) and quote processes with partners like Rheem. You will build compelling business cases, use market intelligence, and ensure timely, accurate submissions that support margin improvement.

You will collaborate with Sales, Finance, and Divisional leadership to quantify revenue opportunities, develop financial models, and translate data into executive-ready

Qualifications

  • Minimum 5–7 years of experience in pricing, financial analysis, procurement analytics, or business planning.
  • Demonstrated experience managing vendor quotes, RFQ/RFP processes, or special pricing request workflows.
  • Advanced Microsoft Excel skills – financial modeling, pivot tables, VLOOKUP/XLOOKUP, and data analysis.
  • Strong analytical and problem-solving skills with attention to detail and accuracy.
  • Ability to build clear, concise business cases and present findings to senior leadership.
  • Strong written and verbal communication skills; comfortable engaging with internal teams and vendor partners.
  • Ability to manage multiple priorities, meet strict deadlines, and adapt in a fast-paced environment.
  • Ability to learn new software and systems quickly and accurately.

Responsibilities

  • Own the end-to-end Enhanced Pricing Request (EPR) and vendor quote submission process, ensuring accuracy and alignment with vendor requirements.
  • Develop and maintain standardized submission templates, SOPs, and tracking tools to manage workflows and deadlines.
  • Serve as the primary point of contact for vendor pricing inquiries, submission portals, and approval escalations.
  • Monitor submission statuses and proactively communicate updates to stakeholders and divisional teams.
  • Ensure submissions comply with vendor program guidelines, pricing governance, and internal approvals.
  • Coordinate with division personnel and pricing teams to validate data inputs and resolve discrepancies.
  • Partner with leadership to analyze opportunity size, customer value, and margin impact to support vendor decisions.
  • Build and maintain financial models quantifying revenue and gross margin benefits.
  • Translate pricing data into executive-ready business cases; identify low-margin accounts for profitability.
  • Work cross-functionally with Sales, Finance, and Operations to gather inputs for accurate submissions.
  • Gather market data to justify discounts and support competitive positioning.
  • Monitor competitor pricing and market trends to continuously inform submission strategies.
  • Support contract and discount negotiations with pricing context and cost justification.
  • Prepare and analyze pricing reports and KPI dashboards; identify process gaps and drive improvements.
  • Provide daily pricing support to sales and branch personnel on vendor programs.
  • Perform ad hoc reporting as requested by leadership.

Skills

Pricing analysis
Financial modeling
Advanced Excel
Data analysis
Communication
Project management

Education

Bachelor's degree in Economics/Finance/Business

Tools

Power BI
Tableau
Excel
ERP systems (SAP/Oracle)

Job description

The Senior Pricing Analyst – Vendor Quote Management serves as the primary analytical resourceresponsible for managing the end-to-end vendor Enhanced Pricing Request (EPR) and quote submissionprocess with key vendor partners (e.g., Rheem). This role builds compelling business cases, leveragescompetitive market intelligence, and ensures that all pricing submissions are accurate, strategicallyaligned, and delivered on time. The Senior Pricing Analyst partners cross-functionally with Sales,Finance, and Divisional leadership to drive margin improvement and capture incremental revenueopportunities through vendor-supported pricing programs.

Duties and Responsibilities
Submission Oversight & Workflow Management
  • Own the end-to-end Enhanced Pricing Request (EPR) and vendor quote submissionprocess, ensuring accuracy, completeness, and alignment with vendor requirements (e.g.,Rheem).
  • Develop and maintain standardized submission templates, SOPs, and tracking tools tomanage workflows and deadlines across all divisions.
  • Serve as the primary point of contact for vendor pricing inquiries, submission portals, andapproval escalations.
  • Monitor submission statuses and proactively communicate updates to internalstakeholders and divisional teams.
  • Ensure all submissions comply with vendor program guidelines, pricing governancepolicies, and internal approval requirements.
  • Coordinate with division personnel and pricing teams to validate data inputs, resolvediscrepancies, and maintain submission accuracy.
Business Case Development
  • Partner with divisional leadership to analyze opportunity size, customer value, and marginimpact to support vendor approval decisions.
  • Build and maintain financial models that quantify the revenue and gross margin benefit ofproposed vendor pricing programs.
  • Translate complex pricing data into concise, executive-ready business cases that clearlyarticulate the strategic rationale for discount requests.
  • Identify low-margin accounts and product lines where vendor support can drive profitabilityimprovements.
  • Work cross-functionally with Sales, Finance, and Operations to gather the inputs neededto build accurate and persuasive submissions.
Competitive Intelligence & Market Analysis
  • Gather, synthesize, and analyze market price data to substantiate discount requests andjustify competitive positioning to vendors.
  • Monitor competitor pricing activity, market trends, and industry benchmarks tocontinuously inform submission strategies.
  • Support contract and discount negotiations by supplying competitive pricing context andcost justification analysis.
Reporting, Analytics & Process Improvement
  • Prepare and analyze recurring and ad hoc pricing reports, including win/loss analysis onsubmitted quotes and EPR approval rates.
  • Build and maintain dashboards and KPIs to track submission performance, vendorapproval trends, and margin outcome
  • Identify process gaps within the quoting workflow and lead continuous improvementinitiatives to increase efficiency and accuracy.
  • Provide daily pricing support to the sales force and branch personnel on pricing issuesrelated to vendor-supported programs.
  • Perform other duties and ad hoc reporting as requested by leadership.

In addition to the above responsibilities, this individual is held accountable for all other duties asassigned.

Qualifications
Required Qualifications
  • Minimum 5-7 years of experience in pricing, financial analysis, procurement analytics, or businessplanning.
  • Demonstrated experience managing vendor quotes, RFQ/RFP processes, or special pricingrequest workflows.
  • Advanced Microsoft Excel skills – financial modeling, pivot tables, VLOOKUP/XLOOKUP, and data analysis.
  • Strong analytical and problem-solving skills with exceptional attention to detail and accuracy.
  • Ability to build clear, concise business cases and present findings to senior leadership.
  • Strong written and verbal communication skills; comfortable engaging with both internal teamsand vendor partners.
  • Ability to manage multiple priorities, meet strict deadlines, and adapt in a fast-paced environment.
  • Ability to learn new software and systems quickly and accurately.
Preferred Qualifications
  • Bachelor's degree in Economics, Finance, Business, or a related field (or 5+ years of equivalentexperience).
  • Experience in HVAC, building products, wholesale distribution, or a similar industry.
  • Familiarity with vendor-managed pricing portals or ERP systems (SAP, Oracle, or similar).
  • Experience with BI/reporting tools such as Power BI or Tableau.
  • Knowledge of cost-plus, competitive, or value-based pricing methodologies.
  • Strong leadership skills with experience mentoring junior analysts.
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