Pricing Coordinator (225-828)

The Pricing Coordinator plays an essential role within our organization, focusing on managing and optimizing pricing strategies to ensure competitive market positioning and revenue growth. This position requires a meticulous understanding of market trends, a keen eye for detail, and the ability to analyze complex data sets to make informed pricing decisions. The Pricing Coordinator collaborates closely with various departments, including sales, marketing, and finance, to ensure that pricing strategies align with the overall business objectives. Individuals in this role should possess strong analytical skills, effective communication abilities, and a passion for achieving cost efficiency and profitability. The ideal candidate will be proactive, adaptable, and capable of thriving in a fast-paced environment where changing market conditions require quick response and innovative solutions.

Responsibilities

• Analyze market trends and data to develop effective pricing strategies.
• Collaborate with sales and marketing teams to align pricing with business goals.
• Monitor competitor pricing and provide recommendations for adjustments.
• Develop and maintain pricing models to maximize profitability and gain market share.
• Assist in the preparation of pricing proposals and tender submissions.
• Evaluate the financial impact of pricing changes on business outcomes.
• Maintain accurate documentation of pricing strategies and decisions.
• Stay informed about industry developments and apply relevant trends to pricing plans.
• Conduct regular audits of pricing strategies to ensure compliance and effectiveness.
• Provide training and support to staff on pricing tools and methodologies.
• Work with finance to ensure pricing strategies meet budgetary requirements.
• Prepare detailed pricing reports for senior management and stakeholders.

Requirements

• Bachelor’s degree in Finance, Business Administration, or a related field.
• Proven experience in pricing analysis or a similar role is required.
• Strong analytical skills with proficiency in data analysis tools and software.
• Excellent communication skills for collaboration with various departments.
• Keen attention to detail with the ability to manage multiple tasks simultaneously.
• Familiarity with market research and competitive analysis methodologies.
• Ability to work independently and make data-driven decisions promptly.