Job Title: Cost Price Analyst
Location: Miami, FL 33178
Duration: 18 Months Contract
Pay Range: $40 - $45 per hour
SUMMARY:
The Pricing Analyst I is an entry-level pricing role with primary duties involve proactively analyzing and making recommendations considering customer value-based marketing, competitive markets, and company costs affecting the business plans and profitability across the division, incorporating program aspects to support decision-making processes that will impact our long-term future.
The duration of this assignment is anticipated to be 18 months.
ESSENTIAL FUNCTIONS:- Design and implement continuous improvement techniques and methods to internal processes and systems to eliminate waste and improve process.
- Works with other functions in design and implementation of systems and reporting improvements for measuring and monitoring pricing effectiveness and efficiency.
- Assist in analyzing product markets determining the ceiling and floor prices of products.
- Evaluate cause and effect with pricing, volume, cost, competition, distribution and segmentation. Recommend appropriate levels.
- Monitor and keep divisions focused on corporate strategic pricing initiatives.
- Create and reinforce continuous feedback vehicles to encourage successful pricing models.
- Implement tools to be used by product managers and field sales.
- Assist divisions in determining appropriate list prices, standard discounts and rebates and managing any restructuring, updating, communication and publication of price increases.
- Analyze the exception pricing process by recommending guidelines, authority levels and maintaining a disciplined and structured approach to exception pricing.
- Provide management with reports which allows management to effectively respond to changing economic conditions and market changes. Performs ongoing measurements and reporting on pricing effectiveness.
JOB REQUIREMENTS:- Bachelor s degree in Business, Finance, Economics, Engineering, Data Analytics, or a related field.
- Strong analytical and quantitative skills. Excellent PC skills with proficiency with Microsoft Excel and Access.
- Excellent written, verbal and presentation skills.
- Project management skills with sales/marketing experience a plus.
- General understanding of manufacturing processes, practices and cost accounting.
- Must be able to maintain customer confidence and protect operations by keeping pricing information confident.