Sr. Pricing Analyst

Socket.dev; Massachusetts; Hybrid; USD 89,000 - 97,000; Full time

Benefits offered by this job

Medical and dental coverage

Retirement benefits

Paid time off and holidays

Professional development reimbursement

Job summary

Watts is seeking a data-driven pricing analyst to lead reporting and analysis for a broad product portfolio. You will develop reliable metrics, compare external benchmarks, and monitor pricing actions to optimize sales, margins, and profitability.

The role emphasizes cross-functional collaboration, trend identification, and actionable insights at an office site in Massachusetts with hybrid work options. The role reports to the Senior Pricing Manager and requires strong ERP/BI skills, Excel

Qualifications

• Bachelor's degree preferred.
• 5+ years pricing experience.
• Wholesale/Retail Rebate process experience.
• Strong business acumen.
• Financial reporting experience desirable.
• Analytical and data management skills essential.
• ERP systems (QAD/SAP) experience.
• Excel, PowerBI, and MS Office proficiency.

Responsibilities

• Develop data reporting structures and formats to interrogate available MRP information.
• Develop clear and concise reporting for key metrics.
• Develop external comparable metrics to help drive organizational expectations.
• Analyze and review results of pricing and promotional initiatives in terms of sales growth, margin and profitability growth.
• Set up frequent multi-organizational reviews of key metrics and develop root causes and action plans for trends that are not proceeding within expectations.
• Work across the organization to help develop initiatives, solidly based on data results, to drive improved business performance.
• Evaluate Pricing/Rebate structure for key customers and significant industry/peer groups identifying opportunities for standardization of programs, streamlining the agreements and related calculations, and improved profitability.

Skills

Pricing experience

Analytical skills

Communication skills

Financial reporting

Data management

Education

Bachelor's degree

Tools

ERP systems (QAD/SAP)

Excel (Advanced)

PowerBI

Microsoft Dynamics

Job description

We’re Watts. Together, we’re reimagining the future of water.

We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.

What we do:

For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead.

Scope of Position

This position is responsible for analysis and sales and pricing of a large portfolio of products. Key activities are to develop consistent and reliable reporting structures from data from the MRP system to understand and communicate trends, metrics, and indices needed to drive better planning, pricing, and sales activities.

A key part of this role is to proactively review the reports to identify trends that are inconsistent with existing plans so that appropriate action can be taken. This would include price changes, forecasting changes, and agent and customer level incentives/corrective actions.

Another key part of this position is to help develop industry comparable from available external data sources to track sales trends of key product lines against external metrics. These would include residential and commercial construction data, public competitive information.

The position requires organization, synthesis of available data into actionable information. Accuracy, consistency, and ability to recognize “out of the ordinary” information important. Ability to interact across organizational boundaries, and communicate efficiently and effectively via oral, written, and e-mail forms important. Timeliness and making realistic business assumptions important.

This position reports to the Senior Pricing Manager. This role is onsite hybrid.

Primary Job Duties and Responsibilities

• Develop data reporting structures and formats to interrogate available MRP information
• Develop clear and concise reporting for key metrics
• Develop external comparable metrics to help drive organizational expectations
• Analyze and review results of pricing and promotional initiatives in terms of sales growth, margin and profitability growth
• Set up frequent multi-organizational reviews of key metrics and develop root causes and action plans for trends that are not proceeding within expectations
• Work across the organization to help develop initiatives, solidly based on data results, to drive improved business performance
• Evaluate Pricing/Rebate structure for key customers and significant industry/peer groups identifying opportunities for standardization of programs, streamlining the agreements and related calculations, and improved profitability

Required Qualifications

• Bachelors Degree Preferred
• 5+ years pricing experience
• Wholesale/Retail Rebate process experience
• Strong business acumen
• Financial reporting experience highly desirable
• Analytical and data management skills essential
• Ability to work with ERP systems (QAD/SAP), and analysis via Excel or other tools
• Ability to work with Microsoft PowerBI
• Microsoft Dynamics Experience
• Excellent communication skills in both written and oral forms
• Computer skills using MS office products: Excel (Advanced), PowerPoint, Word

General Applicable Company Competencies

• Commitment to Watts’ values of integrity, accountability, continuous improvement and innovation, and transparency.
• Punctuality and dependability.
• Ability to be flexible and adapt to changing work priorities and stressful conditions.
• Adherence to all personnel policies, procedures, and standards of process as implemented by Watts.
• Maintain productive and collaborative relationships with other Watts employees.
• Adherence to Watts’ seven cultural beliefs: Growth Mindset, Customer-Focused Innovation, Constant Communication, Clear Goals, Collaborate Globally, Be Inclusive, and Take Action.

Working Conditions

While performing the job duties, you will be working in an office environment. You will be required to work in the office at the North Andover, MA location three days per week (Monday – Wednesday) and can work remotely two days per week (Thursday and Friday).

Physical Requirements

• Ability to remain seated at a desk or workstation for extended periods.

• Ability to perform repetitive tasks like typing on a keyboard or using a mouse for extended periods.
• Ability to physically move around the office, organize or transport files, packages, or other office-related materials.

• Ability to read documents, use a computer, and perform data entry tasks.
• Ability to communicate clearly with management and coworkers, particularly in meetings or phone calls.

• Ability to operate standard office equipment such as computers, printers, phones, and copiers.
• Ability to occasionally lift and carry light objects, such as office supplies, documents, or small equipment.

Pay Range

The expected salary range for this position is $89,000-97,000 yearly. Actual compensation will be dependent upon individual skills, experience, qualifications and applicable law.

Nothing in this job description restricts Watts’ right to assign or reassign duties, responsibilities, and working hours/conditions to this position at any time. This position is “at will,” which means that either the employee or Watts may terminate the employment relationship at any time, with or without notice, and for any lawful reason.

Watts in it for you

Please note that the following benefits apply only to permanent roles and do not apply to internship roles.

• Competitive compensation based on your skills, qualifications and experience
• Comprehensive medical and dental coverage, retirement benefits
• Family building benefits, including paid maternity/paternity leave
• 10 paid holidays and Paid Time Off
• Continued professional development opportunities and educational reimbursement
• Additional perks such as fitness reimbursements and employee discount programs
• Learn more about our benefit offerings here: https://tapintowattsbenefits.com/

How we work

At Watts, our culture is team-oriented and supportive. Employees here genuinely care about the quality of their work, and about each other. Our people are the heart of who we are and contribute to our longevity and continued success.

And this is a place where you can have a big career. No matter your role, there are opportunities for learning and development, and your daily contributions make a meaningful impact on the lives of people who use our products and on the future of water.

Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources.