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Pricing Analyst

2 months ago

Sydney, New South Wales, Australia Impel Management Full time
About the Role

Impel Management is seeking a highly analytical and strategic Commercial Pricing Analyst to join our pricing team. As a key member of our commercial team, you will play a pivotal role in driving pricing strategies and optimizing profitability for our company.

Key Responsibilities
  • Market Analysis: Conduct in-depth analysis of market trends, competitor pricing strategies, and customer behaviors to inform pricing decisions.
  • Pricing Model Development: Develop and maintain pricing models to support pricing strategies and ensure competitiveness in the market.
  • Collaboration and Communication: Collaborate with cross-functional teams, including sales, marketing, and finance, to align pricing strategies with business objectives and communicate pricing insights and recommendations to key stakeholders.
  • Pricing Performance Monitoring: Monitor and evaluate the performance of existing pricing strategies, making recommendations for adjustments as needed.
  • Pricing Reviews and Simulations: Conduct pricing reviews and simulations to assess the potential impact of pricing changes on profitability.
  • Reporting and Presentations: Generate regular reports and presentations to communicate pricing insights and recommendations to key stakeholders.
  • Process Improvement: Assist in the implementation of pricing initiatives and processes to improve efficiency and effectiveness.
  • Industry Trends and Best Practices: Stay abreast of industry trends and best practices in pricing and recommend enhancements to pricing methodologies.
Requirements
  • Education: Bachelor's degree in Business Administration, Finance, Economics, or related field.
  • Experience: 2-3 years of experience in a pricing analysis or related role, preferably within the manufacturing sector.
  • Technical Skills: Advanced proficiency in MS Excel, including the ability to create complex formulas, pivot tables, and macros. Experience with SAP or other ERP systems is highly desirable.
  • Soft Skills: Strong analytical and problem-solving skills, with the ability to interpret and synthesize large datasets. Excellent communication and presentation skills, with the ability to effectively convey complex pricing concepts to non-technical stakeholders. Detail-oriented with a focus on accuracy and precision. Ability to work both independently and collaboratively in a fast-paced environment.