Pricing Specialist II
Indexed description
Job Summary
Develops pricing strategies to meet customers' needs while providing a profit for the organization | Determines core business costs of service in support of pricing/tariff development | Designs, implements and maintains pricing infrastructures | Evaluates effectiveness of pricing strategies and modifies pricing structures as needed | Provides reporting and documentation of pricing structures and serves as the point-of-contact for pricing inquiries from internal sales department, but not customers
Impact of the Role
General Profile
- Requires working knowledge and experience in own job discipline and broadens capabilities
- Continues to build knowledge of the company, processes and customers
- Performs a range of assignments related to job discipline
- Uses prescribed guidelines or policies in analyzing situations
- Receives a moderate level of guidance and direction
- Consistent exercise of discretion & judgment
- Develops pricing models for organizational goods and services.
- Collects and analyzes data relating to current and predicted market conditions, cost overhead, or competition pricing in order to recommend pricing strategies or standardizing pricing guidelines
- Balances project needs with expected product demand to maximize revenue, market share, or profit margin
- Models pricing adjustments to predict the impact of pricing changes on organizational performance.
- May provide customized pricing to the sales team.
- Required education and experience: Associate's Degree and 2-4 years' experience OR Equivalent Combination of Relevant Education &/or Experience
- Critical professional related technical skills; computer skills: Proficient in Microsoft Office (Excel, Word, PowerPoint)
- Preferred education and experience: Bachelor's Degree
- Discipline/Major: Finance or related degree preferred.
- Knowledge, skills & abilities: Oral and written communication skills. Analytical thinking skills. Statistical knowledge. Detail oriented. Ability to meet deadlines.
- Work primarily in a climate-controlled environment with minimal safety/health hazard potential.
- Must be able to remain in a stationary position at a desk and/or computer for extended periods of time.
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The above statements describe the general nature and level of work only. The statements do not represent an exhaustive list of required responsibilities and skills. Other duties may be added or this job description may be amended at any time. This job description does not alter an employee's at-will employment status or create an employment agreement or contract, implied or otherwise.
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