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Pricing Analyst (Parts)

Redmond, WA, US

 Responsibilities and Scope:

 

  • Manage and work with pricing analysts to develop and implement analytical key performance indicators and recommendations to drive business results. This position is responsible for recommending pricing strategies, price management systems, and developing rules and standards to deliver on financial goals.
  • Conducts market research and oversees the maintenance of historical pricing data. To build, deploy, maintain and document knowledge-based decision-making tools which integrate advances in operations research, mathematics, statistics, economics decision analysis to systematically analyze, model, solve, and/or visualize problems in the areas of pricing related activities. Ensures analytics are utilized when making pricing decisions to improve profitability while preserving the customer experience.

 

Essential Duties:

  • Provide expertise in mathematical modeling, statistics, or other quantitative techniques that translate complex data into actions to help drive strategic direction of company pricing and promotional discounting by designing new pricing programs and monitoring their effectiveness with the goal of continuous improvement in price realization.
  • Provide input into budgeting and forecasting process, including assisting in developing specific revenue management initiatives
  • Assess competitor price positions and price strategy, draws similarities and differences with company strategy and makes recommendations as needed
  • Participate in developing executive level presentations related to overall pricing strategy, execution of pricing optimization project, and pricing program effectiveness
  • Collaborate with sales, finance, the commercial team, and pricing analysts as needed in designing customer pricing models to maximize revenue effectiveness
  • Work with IS team and software provider to determine additional data needed and data cleanups needed to aid in future revenue optimization analysis and implement solutions
  • Work with cross functional teams to support the implementation and execution of proposed processes. Creating appropriate training and support materials for end users, developing business rules & monitoring their effectiveness as well as maintenance of the solution tools.
  • Execute and ensure those with pricing responsibility have a clear understanding of the driving forces of profitability, pricing strategy and competitive pricing positions

 

Basic Qualifications:

 

  • Bachelor’s Degree
  • 2+ years of pricing or business analyst experience

 

Preferred Qualifications:

  • 5+ years of pricing or business analyst experience
  • Master’s Degree in finance, mathematics, statistics, economics, actuarial science or related discipline with 10 years’ experience.
  • Self-starter with leadership skills, strong analytical and problem solving skills.
  • Able to work independently as well as in fast-paced environment. Experience in collaborating with cross-functional teams.
  • Great people skills and attention to detail. Must have good time and project management skills.
  • Demonstrated high respect for people as individuals and as members of the company team.
  • Experience with optimization and statistical analysis software applications (e.g., SAS, R, Tableau or other similar software).
  • Solid understanding of lean manufacturing principles 
  • Problem solving skills: 5 Why or equivalent Problem Solving training and ability to identify the problem, root cause and implement an effective countermeasure.
  • Strong writing skills for preparing business reports and excellent communication skills to effectively give presentations as well as to interact with other team members. Ability to explain complex topics and/or analysis conclusions in business terms.
  • Advanced level MS Excel with strong mathematical and analytic skills.
  • Proficient programming and data management skills (VBA, databases, SQL).Preferred Knowledge and Skills
  • Experience managing a Business to Business Price Optimization software solution
  • Independent learner with a strong interest in broadening the competencies of the organization as well as extending his/her personal knowledge.
  • High level of integrity, honesty and trust
  • Level of comfort & skills needed to successfully negotiate with multiple groups within the Terex organization

     

    Contact Information:

    All interested candidates should apply on-line at www.terex.com/careers.

    Terex team members can apply via our intranet, but if you encounter a problem contact your local Human Resources representative.


    It is the policy of the company to attract and retain the best qualified employees.  We are committed to providing employment opportunities to the most qualified internal or external candidate based on work-related factors and without regard to non work-related factors including race, color, religion, national origin, gender, sexual orientation, gender identity, age, disability, or veteran status as a special disabled veteran, Vietnam Era Veteran, or other qualifying veteran.


    The Company offers competitive salaries, advancement opportunities, and a full range of benefits, including paid vacation, 401(k), medical, dental, and vision.

     

    An Equal Opportunity Employer/Affirmative Action Employer M/F/D/V.

Location: US-WA Redmond-B33 (HUB) HR 

Department: Customer and Product Support 

Job ID: 5275

 

Terex Overview:                    

Terex Corporation is a $4.5 billion, publicly traded global manufacturer of lifting and material processing products and services. The company is passionate about producing equipment that improves the lives of people around the world. Terex operations are global, yet each office or factory is a close-knit community. Terex provides team members with a rewarding career and the opportunity to make an impact. The company values diversity and inclusion, safety, integrity, respect, servant leadership, courage and citizenship. It encourages continuous improvement and offers free courses available through Terex University. Women@Terex provides a supportive network for Terex women in their jobs and careers. It’s an exciting time to be part of the expanding manufacturing sector. Terex is a place where you can work and grow. Come talk to us!

 

Additional Information:

It is the policy of the company to attract and retain the best qualified employees. We are committed to providing employment opportunities to the most qualified internal or external candidate based on work-related factors and without regard to non work-related factors including race, color, religion, national origin, gender, sexual orientation, gender identity, age, disability, or veteran status as a special disabled veteran, Vietnam Era Veteran, or other qualifying veteran.

 

The Company offers competitive salaries, advancement opportunities, and a full range of benefits, including paid vacation, 401(k), medical, dental, and vision.

 

Terex Corporation is an Equal Opportunity Employer and Affirmative Action Employer M/F/D/V

 

TRSR1234


Nearest Major Market: Seattle
Nearest Secondary Market: Bellevue