Pricing Specialist - Minneapolis, United States - Nystrom

Description

Nystrom offers the following benefits and more

14 days PTO + 9 paid holidays
401(k) Contribution
Work Shirts & Pants, Safety Glasses, Ear Protection & Gloves Provided
Work Boot Reimbursement Program
Position Overview

Founded in 1948 as an independent representative for commercial building product manufacturers, the company quickly shifted to its own manufacturing operations and grew its business through product diversification and acquisitions, including the 100+ year old Babcock-Davis brand.

Led by CEO Sue W. Thomas, today Nystrom has 180 manufacturing and business support employees with an extensive national partner network throughout North America.

What gets us powered up each day? For starters, we live true to our five core values – ensure profitable growth, lead by example, put both the external and internal customer first, raise the bar in our work and create a work/life balance.

We think big – because we're all about creating the ultimate hassle-free service for our customers.

No matter who you are or what you do with us, you'll find endless ways to be part of the Nystrom family and serve our community.

The Pricing Specialist will play a critical role in impacting profitability and growth.

This position is responsible for developing and managing enterprise pricing structures, technology platforms, customer and competitor intelligence, and supporting documents for all product lines.

The right candidate is a detailed, analytical team member with strong communication skills.

The Pricing Specialist works across the organization working with key stakeholders to understand competitor pricing and product cost to ensure effective pricing systems are in place, up to date and understood by all.

Essential Functions

Identify pricing structures by product, channel, region, and customer to drive margin enhancements and improve sales
Present pricing models and "what if" scenarios for business development opportunities and new products
Prepare analysis on the impact of vendor increases/decreases to maximize margin
Organize and analyze captured competitor data and make pricing recommendations
Use current sales wins and losses to identify pricing opportunities
Create reports reflecting metrics and project status, objectives, and barriers
Communicate findings and recommendations effectively to relevant departments
Chair the pricing committee and collaborate on pricing strategy and decisions
Address issues and concerns raised by team members relating to pricing recommendations
Understand business complexity and cost structure
Understand our go to market strategy, customers, and channels
Systematize all pricing and using pricing technology platforms
Create and maintain customer facing pricing materials
Job Qualifications

Four-year degree in Accounting, Finance or related discipline
3+ years progressive experience working in pricing and data analytics
Strong knowledge of manufacturing and construction industry preferred
Keen eye for identifying opportunities
Strong analytical and research skills
Excellent verbal and written communication skills
Good negotiation and problem-solving skills
Effective reporting and presentation skills
Enthusiastic and proactive team player
Attributes

Highly Analytical – Advanced Excel, Microsoft BI
Technical Expertise – Standard, configured and custom products
Critical Soft Skills – Ability to navigate cross functionally

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