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Pricing Analyst

Company: Tecumseh Products Company
Location: Ann Arbor
Posted on: May 11, 2022

Job Description:

Company Overview:For over 80 years, Tecumseh Products Company has been a leading global manufacturer of innovative cooling solutions. It is our long history and strong brand image that continue to build our future. to help us as we advance in the next chapter of our history, we need people who are passionate and enthusiastic, willing to work in a multi-cultural environment and committed to supporting our company vision of delivering highly valued solutions to our customers by fostering a safe, collaborative and customer-driven environment.
Values & Behaviors:At Tecumseh all employees are expected to demonstrate behaviors that reflect our core values:

  • Integrity - doing what is right, not what is convenient,
  • Excellence - demonstrating our passion for success with an entrepreneurial spirit,
  • Passion - striving to constantly exceed expectations,
  • Teamwork - actively collaborating and engaging with our colleagues across the globe, and
  • Respect - showing regard for people's feelings, ideas, and concerns.
    Position Overview:The Pricing Analyst is an integral part of the sales and marketing functional team, responsible for not only the day-to-day pricing management, oversight, and control for the OEM & aftermarket / distribution businesses, but also responsible for the development and execution of a pricing strategy for the Tecumseh North America business (USA, Mexico & Canada). The role will include competitiveness and profitability analyses that support actionable strategies that deliver on market share and revenue goals.
    Responsibilities:
    • Managing day-to-day pricing support requests from sales and customer service.
    • Price program management relating to specific customer initiatives, special pricing definition.
    • Assessing data from a variety of sources to gain insights into pricing strategies and market trends.
    • Analyzing competitor pricing and market trends to increase market share and 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 and market share 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 leadership teams, marketing teams, and sales staff.
    • Keeping informed on pricing analysis methods and industry trends.
      Required Qualification, Education & Experience:
      • Bachelor of Accounting / Statistics / Finance or Economics.
      • 3 - 5 years of experience in a pricing analysis / pricing management function.
      • Experience with analyzing pricing strategies, forecasting revenue and market share.
      • Experience on collaborating on pricing strategies with sales and marketing departments.
      • Strong analytical, oral, and written communication skills; ability to think clearly and logically, analyze quantitatively and problem solve; understands how to visualize and present complex data.
      • Proficiency in business intelligence software - i.e Power BI, DOMO, OBI, Oracle.
      • Ability to present pricing data analysis reports to relevant stakeholders.
      • Ability to work independently; must be able to operate in a matrixed organization.
      • To promote, remain committed and intentional to building a values-centric culture focused on our company values (Integrity, Excellence, Passion, Teamwork, and Respect).
        Preferred Skills:
        • HVAC/R industry experience an advantage.

Keywords: Tecumseh Products Company, Ann Arbor , Pricing Analyst, Professions , Ann Arbor, Michigan

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