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Sr. Pricing Analyst - Remote

Date: Sep 13, 2021

Location: Davidson, NC, US

Company: MSC Industrial Supply

Build a better career with MSC. 
Serving customer and community starts with the very best people doing their very best work. That is precisely what we have at MSC Industrial Supply Co., a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products and services. Watch HERE to find out why you should work at MSC and join us as we continue to build a diverse and inclusive workplace. 

Requisition ID : 7208 

Employment Type : Full Time         

Job Category : Marketing                                             

Work Location :  Davidson, NC (CSC) - Remote 

State or Province : North Carolina (US-NC)     

Potential Work Location : United States : North Carolina : Davidson 

 

*Remote Opportunity*

 

BRIEF POSITION SUMMARY:

The Senior Pricing Analyst, under limited supervision, is responsible for proactively analyzing and making recommendations to optimize sales and profitability, while considering customer value-based solutions, competitive market dynamics, costs and revenue trends. He/she will use various enterprise software and tools to collect, analyze and evaluate data supporting the company’s revenue and margin goals. In addition, this role is responsible for running analysis to determine ideal price points, optimizing revenue and profitability for new and existing products. This position supports key processes and methods to evaluate and recommend price points, based on volume elasticity and market conditions.  Runs simulations and what if scenarios for special events and temporary drivers (e.g. Tariffs).

 

DUTIES and RESPONSIBILITIES:

  • Owns the pricing process and analytics to optimize MSC visible market prices
  • Works with pricing team, IT and pricing application provider in design and implementation of systems and reporting improvements for measuring and monitoring pricing effectiveness and efficiency.
  • Serves as a trusted adviser to the sales and category teams on pricing and profitability drivers to support profitable sales growth.
  • Provides ad hoc analytics on specific opportunities, such as competitive price benchmarking, outlier repositioning and other pricing related analysis.
  • Ensures the pricing effect is incorporated in the forecasting process and reconciled to actual results.
  • Monitors and analyzes the exception pricing process by recommending guidelines, authority levels and maintaining a disciplined and structured approach.
  • Conducts tests to understand price elasticity.
  • Assists in analyzing product categories determining the ceiling and floor prices of products. Evaluates cause and effect with pricing, volume, cost, competition, distribution and segmentation. Recommends appropriate levels.
  • Builds strong cross functional working relationships inclusive of marketing, finance, business intelligence, IT, sales operations, category management, and field sales for all customer segments.
  • Understands and interprets organization goals and initiatives so that priorities are balanced, and timelines established in a cost-effective manner.
  • Drives the MSC Culture in the department and throughout the company to ensure fulfillment of MSC’s vision and unity of purpose.
  • Participation in special projects and performs additional duties as required

*INDICATES ESSENTIAL DUTIES

To perform this job successfully an associate must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of knowledge, experience level and abilities required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

 

EDUCATION and EXPERIENCE:

  • A Bachelor’s Degree in business, finance or equivalent experience is required
  • Minimum of eight years professional experience with at least five years’ experience in an analytical role with one or more of the following disciplines; financial analysis, business strategies, pricing or sales required
  • Expertise in retrieving data from systems, such as business intelligence tools
  • Hands on expertise of large-data analytics tools, such as Alteryx and Tableau, and/or specific pricing applications such as PROS, Vendavo, Zilliant, R Studio or others
  • Experience working with distribution, manufacturing or related industrial markets

SKILLS:

  • Excellent PC skills (MS Office Excel, Powerpoint, Word, Access) required
  • Excellent analytical, quantitative and data visualization skills are required
  • Financial analytics with deep understanding of revenue, margin and pricing
  • Excellent oral and written communication skills are required
  • Ability to communicate effectively with all levels of associates within the organization required

OTHER REQUIREMENTS:

  • A valid driver’s license and the ability to travel up to 10% of the time are required.

#MIQ

 

Why MSC  
People. Collaboration. Insight. That’s how you build something that works.

Built on a foundation of trust, MSC works side by side with our customers to help them drive business results. With more than one million product offerings and 75+ years of experience across industries, MSC strives to help our customers achieve greater productivity, profitability, and growth through inventory management and other innovative supply chain solutions. 

We care about our associates and have programs in place to help our 6,500+ team members achieve their potential. When you join our team, you will receive rewards and recognition for your contributions, training and professional development opportunities, as well as a variety of benefits to support you and your family's health, well-being, and financial future.

If you are inspired to learn, take risks, and succeed as a team, you can build a better career at MSC.

Equal Opportunity Statement 
At MSC, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all qualified applicants and our associates without regard to race, color, religion, age, sex, national origin, disability, protected veteran status, sexual orientation, gender identity/expression or any category protected by applicable law.                    

                                                                  


Nearest Major Market: Charlotte
Nearest Secondary Market: Concord