Pricing Analyst

2 weeks ago


Jessup, United States Baltimore Aircoil Company Full time
Job Title: Pricing Analyst

Job Summary:

The Pricing Analyst will play a crucial role in helping Baltimore Aircoil Company achieve its business objectives by leveraging data analysis skills to inform pricing and compensation strategies. This position will involve collecting and interpreting pricing and compensation data to provide insights that drive business growth and profitability.

Key Responsibilities:

  • Develop and maintain accurate and up-to-date pricing information to ensure maximum profitability.
  • Implement price increases in SAP and PeopleSoft, including testing in non-production environments, and effectively communicate changes to the sales team.
  • Create and maintain separate key account price lists using net pricing for OEM, Joint Venture, Licensee, and Intercompany accounts.
  • Maintain currency exchange rates in all front-end systems and publish updated values to the sales force.
  • Manage the commissions process to confirm payment accuracy, apply manual commission overrides, update Paid and Pending commission reports, and promptly respond to any inquiries from the sales force.
  • Maintain the pricing approval level tables in CPQ to assign requests to the proper managers, and participate in high-level approvals where applicable.
  • Initiate, develop, and execute programs to support the execution of BAC strategies and deliver profitable growth across all channels and locations.
  • Compile business needs using strong collaboration skills, thoroughly test prototype systems, and document processes for future training, audit, and archive purposes.
  • Create clear, concise, and effective technical specifications for software and process development that drive business improvements to add strategic and customer value.
  • Drive accountability and efficient execution of pricing and compensation initiatives toward the achievement of BAC strategic objectives. Ensure transparency to both progress and challenges by developing and overseeing impactful, effective, high-quality dashboards.
  • Enable employees, channels, stakeholders, and customers to do their jobs more efficiently and effectively by identifying waste and opportunities to innovate, related to the sales process and pricing.
  • Serve as liaison to IT, ensuring that the needs of the business are effectively understood, prioritized, and communicated.
  • Serve as a key contributor to system implementations, including CRM, CPQ, Commissions Management, Learning Management Systems, public website & embedded tools, document management system, and other applications.
  • Ensure investments in business systems are fully leveraged by ensuring that employees are utilizing them properly and to their fullest extent. Identify areas where key technology gaps exist and propose solutions to eliminate inefficiencies.
  • Develop key metrics for stakeholders to effectively manage areas such as sales volume, price, quality, delivery, and customer experience.

Requirements:

  • Bachelor's Degree in a quantitative field (e.g., computer science, economics, statistics, mathematics, etc.).
  • 1-2 years of business analytics experience, working on projects and programs in a B2B environment.
  • Good program and project management skills, including proficiency with MS O365 applications.
  • Good written and oral communications skills in business and technical writing styles.
  • Excellent data management, analysis, and visualization skills, with the ability to simplify the complex.
  • Ability to interpret computer code to understand logic and flow of programs.
  • Ability to plan and manage work at both the strategic and tactical levels of the organization.
  • Ability to work collaboratively with colleagues and staff in a fast-paced, results-driven organization.
  • Ability to consult with internal clients to determine project objectives, design appropriate methodology.
  • Ability to effectively multitask and manage resources and timelines for many projects at once.
  • Ability to synthesize, manipulate, and analyze large and dispersed data sources to holistically answer business questions.
  • Ability to understand and add value to management interactions, with an ability to develop and justify programs.
  • Ability to understand our strategic objectives and train and develop others toward successful achievement.

Working Conditions:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job. While performing this job, the employee is regularly required to stand and walk up to 10% of the time. This position requires occasional lifting up to 10 pounds and travel both domestic and internationally up to 10% of the time.

Compensation and Benefits:

BAC offers a comprehensive benefits package to include medical, dental, vision, paid time off, 401k, employee stock ownership plan, and more. Please see additional details on the BAC website at www.Baltimoreaircoil.com.

BAC Employees are eligible to participate in an annual bonus incentive program.



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