Pricing Analyst

4 weeks ago


Redlands, United States Advanced Innovative Technology Corp Full time
Job DescriptionJob Description

We are a marketing and distribution company for automotive parts and are the leading supplier of CV Axles to the Automotive Aftermarket in North America. We also offer a broad coverage of Window Regulators, Drive Shafts, and ATV Axles. We sell to Warehouse Distributors and mass retailers throughout North America and are a rapidly growing company poised for continued growth.

JOB SUMMARY:

The Pricing Analyst will analyze competitor pricing, preparing market share and revenue forecasts, and comparing the outcomes of different pricing strategies.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  1. Assess data from a variety of sources to gain insights into pricing strategies and market trends.
  2. Analyze competitor pricing and market trends to increase market share and profitability.
  3. Track customer engagement to develop effective pricing strategies for products and offerings.
  4. Apply statistical modeling methods to determine the potential impact of pricing strategies on profitability.
  5. Recommend pricing strategies that align closely with market trends and identify new market segments.
  6. Forecast revenue and market share based on market trends, production costs, profit margins, and sales volumes.
  7. Collaborate with sales and marketing departments on developing and implementing competitive pricing strategies.
  8. Develop dynamic pricing tools to effectively respond to changing market needs and trends.
  9. Prepare and present pricing analysis findings to executives, marketing teams, and sales staff.
  10. Keep informed on pricing analysis methods and industry trends.
  11. Perform other duties as assigned.

KNOWLEDGE, SKILLS AND ABILITIES:

  • Experience working as a pricing analyst.
  • Strong knowledge analyzing market trends.
  • Keen eye for identifying opportunity.
  • Strong analytical and research skills
  • Excellent verbal and written communication skills
  • Good negotiations and problem-solving skills
  • Effective reporting and presentation skills
  • Enthusiastic and proactive team player

MINIMUM JOB REQUIREMENT:

  • Associates degree in mathematics, statistics, finance, economics, or in a related field
  • Minimum of 5 years’ experience as a pricing analyst.

PREFERRED SKILLS AND QUALIFICATIONS:

  • Bachelor’s degree

WORKING CONDITIONS and PHYSICAL EFFORT:

  • Prolonged periods sitting at a desk and working on a computer.
  • Must be able to lift up to 25 pounds at times.


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