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Market Pricing Specialist
2 months ago
The Pricing Analyst at Fimco Industries plays a crucial role in evaluating market dynamics and competitor pricing strategies. This position involves thorough analysis of historical sales data and the financial requirements of the company to formulate pricing strategies that align with business objectives.
Key Responsibilities:
- Conduct continuous market analysis to propose adjustments to product pricing.
- Remain informed about industry developments and emerging products.
- Evaluate pricing strategies; deliver comprehensive insights into essential performance metrics for revenue analysis, strategic planning, and decision-making.
- Track competitive landscape, including variations in competitor pricing.
- Assess historical sales data and organizational revenue requirements to establish accurate market pricing based on insights.
- Identify past pricing changes and analyze previous sales patterns to ascertain underlying causes.
- Prepare reports and present findings to the executive leadership team.
- Devise marketing strategies aimed at enhancing revenue streams.
- Advise on suitable product pricing and promotional discounts to attract customers and facilitate product movement.
- Execute additional related tasks as assigned.
Qualifications:
- Bachelor's degree in Accounting or Business is mandatory.
- A minimum of 3 years of relevant experience is required.
- Experience with AS400 is advantageous.
Essential Skills:
- Strong analytical capabilities.
- Exceptional organizational skills and meticulous attention to detail.
- Comprehensive understanding of cost accounting principles and practices.
- Proficient in Microsoft Office Suite or equivalent software, along with accounting software.
- Outstanding verbal and written communication abilities.