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Pricing Finance Data Analyst

2 months ago


Colorado Springs, Colorado, United States Philips Full time
About the Role

We are seeking a highly skilled Pricing Finance Data Analyst to join our team at Philips. As a key member of our commercial operations team, you will play a critical role in supporting our sales organization with performance analytics and modeling to enhance value creation and facilitate the execution of our strategic plan.

Key Responsibilities
  • Design and Develop Queries: Design and develop queries using internal and external database systems to generate sales and profitability information analyses and reports relative to contract progress, group membership, and pricing eligibility.
  • Data Analysis and Visualization: Manipulate large quantities of data to extract meaningful content and deliver concise, relevant, and decision-enabling information in an appealing and attractive format to allow various stakeholders access to clear and accurate financial information.
  • Trend Analysis and Process Improvement: Conduct analysis to identify trends, issues, and process improvement opportunities to increase efficiency and improve customer relationships.
  • Pricing Strategy and Sales Funnels: Identify ideal pricing structures and sales funnels to optimize revenue growth and profitability.
  • Contract Monitoring and Compliance: Monitor contracts for consistency and pricing uniformity, and oversee ongoing contract analysis by verifying and managing contract compliance issues, including corrective actions to help assure achievement of corporate goals.
  • Financial Impact Reporting: Prepare financial impact reports for bids, proposals, and renewals for review by Corporate Accounts and Pricing and Contract departments.
  • Bundling Opportunities and Elasticity: Explore elasticity for bundling opportunities, determine bundling effectiveness, and learn, modify to better capture sales and margin opportunities.
Requirements
  • Education and Experience: Bachelor's degree and 3+ years of experience in analytics functions such as sales operations, finance, IT, etc.
  • Organization and Time Management: Ability to handle multiple tasks simultaneously and prioritize tasks effectively.
  • Technical Skills: Experience with sales teams, business intelligence, data visualization, and CRM tools, as well as proficiency with Excel macros, Access, SQL, and advanced decision support analytical tools.
  • Physical, Cognitive, and Environmental Job Requirements: Ability to perform the minimum physical, cognitive, and environmental job requirements with or without accommodation for this position.
About Philips

We are a health technology company that believes every human matters. We are committed to improving the lives of others through our innovative solutions and products. If you are passionate about making a difference and have a strong background in analytics, we encourage you to apply for this exciting opportunity.