Pricing and Market Research Analyst
2 weeks ago
Position Title: Market Pricing Analyst
Department: Weatherization
Employment Type: Full-time
Reports To: Senior Project Manager
FLSA Status: Non-Exempt
Summary
The Market Pricing Analyst will play a crucial role in formulating and executing pricing methodologies and conducting thorough market assessments for the Illinois Home Weatherization Assistance Program (IHWAP). This position requires collaboration within a dynamic team, focusing on job tracking, invoice processing, and cost validation for projects funded in partnership with utility companies.
The ideal candidate will exhibit strong analytical capabilities, meticulous attention to detail, and a foundational understanding of economic principles and market trends, particularly within the construction sector. Key qualifications include experience in cost reporting and the ability to work collaboratively with various departments and stakeholders to meet organizational goals.
Key Responsibilities
- Perform an extensive annual market evaluation for the IHWAP network utilizing a range of proprietary and industry-standard software tools.
- Conduct field assessments to gather data on task durations.
- Engage in market research to remain informed about labor costs, task durations, material pricing, and supply chain challenges.
- Analyze trends in the construction market, pricing strategies, and supply chain factors to create effective pricing models.
- Ensure compliance with IHWAP guidelines, regulations, and organizational policies.
- Execute daily program operations in alignment with internal policies and procedures.
- Prepare monthly financial reports for utility-funded energy efficiency initiatives.
- Participate in all required training and professional development to uphold the technical integrity and compliance of the utility weatherization program.
- Perform additional duties as assigned.
Work Environment
This role is primarily office-based, which may include a home office or a standard office setting that varies in noise levels. The employee will be required to engage in various physical activities, including sitting, standing, and using office equipment.
Physical Requirements
Employees must be capable of meeting the physical demands of the role, which may include lifting up to 50 pounds and performing tasks that require manual dexterity and visual acuity.
Qualifications
- Bachelor's degree in finance, economics, business, construction management, or a related discipline. An advanced degree or professional certification is advantageous.
- A minimum of 2 years of experience in pricing analysis, construction estimating, or financial analysis.
Preferred Qualifications
- Advanced degree (Master's or MBA) or relevant professional certification.
- Proficiency in additional data analysis tools and software.
- Experience with the Illinois Home Weatherization Assistance Program (IHWAP) or similar initiatives.
- Prior experience in a nonprofit or governmental context.
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