Senior Pricing Analyst - Deerfield, IL (Chicago)
Major Responsibilities
· Work with Sales and Merchandising teams to determine commercial pricing tactics or strategies. Recommend optimal market prices using pricing models. Perform price change impact analysis including overall account / channel profitability measures
· Maintain the integrity of the pricing database to set new prices for new items and new customers
· Identify gross margin improvements and profit leaks through existing pricing tools and analytical methods.
· Study and benchmark competitive pricing in the marketplace
· Collaborate closely with all functions and the finance team to gain a deep understanding of the cost to serve model for various types of customers
· Analyze price performance on monthly basis and recommend pricing actions leading to margin improvement. Implement price changes. Ensure prices are created utilizing approved business rules and logic
· Gather and leverage market and competitive price information to support pricing decisions. Consolidate and communicate market insights to senior management
· Interaction with Sales, Category, Marketing and Finance teams to determine optimal pricing and execute category programs
· Customer specific monthly financial reporting and analysis
· Attend customer meetings supporting sales teams
· Perform ad hoc analyses to identify price challenges
Qualifications - Skills/Knowledge/ Education / Experience Required
· Advanced knowledge of Microsoft products, primarily Excel
· Strong knowledge of Hyperion and PROS or similar data warehouse
· Data mining and analysis including item level price setting
· Excellent technical and analytical skills – experience in building financial and business analysis models
· Works well cross-functionally with peer levels
· Communication skills allowing for interaction with management cross functionally
· Understands and demonstrates Essendant Core Values
· Strong process and control experience and aptitude
· Strong commercial skills and understanding of channel economics
· Ability to work well independently
· Minimum of 3 years Pricing related experience
· Bachelor’s degree in Accounting, Finance, Economics or Marketing