Pricing Analyst
Sailfish Boats is seeking an experienced pricing analyst to increase our business's competitiveness and profitability. In this role, you will be analyzing competitor pricing, preparing revenue forecasts, and comparing the outcomes of different pricing strategies. The position will be part of the accounting department and work closely with Sales & Marketing, as well as procurement as component parts and pricing changes.
To ensure success as a pricing analyst, you should possess sound knowledge of quantitative and qualitative data analysis methods and experience in a similar role. An accomplished pricing analyst is someone who can translate pricing data into actionable profit-enhancing strategies.
Pricing Analyst Responsibilities:
- Assessing data from a variety of sources to gain insights into pricing strategies and market trends.
- Analyzing competitor pricing and market trends to increase profitability.
- Tracking customer engagement to develop effective pricing strategies for products and offerings.
- Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.
- Recommending pricing strategies that align closely with market trends and identifying new market segments.
- Forecasting revenue based on market trends, production costs, profit margins, and sales volumes.
- Collaborating with sales and marketing departments on developing and implementing competitive pricing strategies.
- Developing dynamic pricing tools to effectively respond to changing market needs and trends.
- Preparing and presenting pricing analysis findings to executives, marketing teams, and sales staff.
- Keeping informed on pricing analysis methods and industry trends.
- Other duties include, but not limited to; product invoicing, and various other responsibilities as assigned.
Pricing Analyst Requirements:
- A bachelor's degree in accounting, mathematics, statistics, finance, economics, or in a related field.
- A minimum of five years' experience as a pricing analyst in a similar industry.
- Proficiency in business intelligence (BI) software, such as strong spreadsheet, database, and programming/computer software skills are also required. (Excel, MySql, PHP, PHP MyAdmin, HTML, CSS, Javascript, jQuerry, .json, Xampp and others).
- In-depth knowledge of statistical methods and data analysis.
- Extensive experience in analyzing pricing strategies and forecasting.
- Experience in collaborating on pricing strategies with sales and marketing departments.
- Ability to keep abreast of industry trends and develop dynamic pricing tools.
- Advanced ability to present pricing analysis reports.
- Excellent analytical and communication skills.