Pricing Specialist

Location: United

Position:
Pricing Specialist

Location:

Grafton, WI

Remote Type:
Remote

Reports To:

Director, Pricing

Key Responsibilities

* Supports PES North America execution of Pricing related Policy Deployment and CI Roadmap strategies

* Supports Product Management team to gather and review market level pricing and execute pricing and program enhancements

* Supports growth strategies related to price and customer programs and executes related price updates

* Validates pricing execution effectiveness and supports pricing discrepancy resolution, while identifying root causes for issues and recommending and implementing corrective actions with Sales, Customer Service, Finance, & Pricing teams

* Understands the industry economics, applications, and Rexnord products/value to the customer.

* Understand and propose pricing/discounting strategies for the various industries.

* Develop and utilize 80/20 skills to support Product Management on portfolio analysis and identification of opportunities to take pricing action

* Provides technical guidance collaborating with product management and marketing to develop pricing strategies for assigned segment(s) and realize optimum price performance.

* Executes North America (US, Canada, Mexico) business pricing strategy to Oracle ERP system in line with defined pricing structures and discounts.

* Collaborates with sales team to execute general price increases as part of the Segment Pricing Strategy.

* Collects, compiles, verifies, and analyses data from internal and external sources in order to develop recommendations for simplification of Oracle price execution.

* Researches and prepares reports using data from Oracle/CRM (Sales Force), and other computer systems.

* Consolidates information into cohesive and understandable reports or other written form for use in management decision-making.

* Identify opportunities to eliminate errors and implement process improvements

* Utilizing statistical, economic, and financial principles and techniques to prepare reports and summarize results for stakeholders.

* May provide technical leadership and assist in training less experienced analysts.

* Perform other duties and special projects as assigned

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

* Bachelor's degree or equivalent related experience (Technical degree preferred)

* 3-5 years relevant work experience in a similar B2B Marketing position.

* The ideal candidate is energetic, well organized self-managed, commercially minded, flexible, team-oriented and possesses strong integrity and professionalism.

* Ability to evaluate market opportunities, distil clear messages, and develop business strategies.

* Familiarity with 80/20 methodologies preferred

* Sense of accountability for sales and profitability

* Excellent automation knowledge, preferable Oracle and key Excel user

* Excellent analytical insight and good with financial Analysis & numbers.

* Firm personality; communicative strong in writing and verbal.

* Entrepreneurial and practical attitude.

* Self-starter and proactive independent worker, but also able to work in a participative team environment

* Objective critical thinking capabilities.

* Effective negotiator

* Good quantitative and analytical skills

Travel:
Minimal travel required

Language:
English

NOT OFFERING SPONSORSHIP:
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

#LI-Remote #LI-AB-1

Benefits

* Medical, Dental, Vision and Prescription Drug Coverage

* Spending accounts (HSA, Health Care FSA and Dependent Care FSA)

* Paid Time Off and Holidays

* 401k Retirement Plan with Matching Employer Contributions

* Life and Accidental Death & Dismemberment (AD&D) Insurance

* Paid Leaves

* Tuition Assistance

About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to…