Pricing Analyst

Position Summary

The Pricing Analyst is responsible for overall pricing support to the internal Berg business team and works as a key business partner. This position is also responsible for supporting commercial teams, helping monitor the quoting queue, providing real-time insights to the sales & ops teams, and any pricing deviation support. This role will have a wide degree of latitude to improve our tactical and strategic pricing structure.

Key Responsibilities:

• Proactively look out for market trends and activities that may impact pricing/margins and provide timely advice to management.
• Help resolve escalated discrepancies relating to data integrity, pricing issues, and trade pricing/promotional management.
• Liaise with key stakeholders within our internal team and the customers to relay key information, pricing discrepancies, and any other rebate, pricing questions, or chargeback concerns.
• Support price list creation process and regular updates of pricelist in line with the company's pricing policy.
• Create reports, dashboards, and visualizations to understand business performance as it relates to pricing programs, rebates, and chargebacks.
• Collaborate with product management, customer service, engineering, and other department leaders on roadmap planning and prioritization of pricing strategies and pricing adjustments.
• Support the customer master data strategy by assisting in setup and maintaining customer master data within the ERP system to ensure business requirements are achieved.
• Maintain a solid understanding of the entire quote to cash process and how changes influence the process flow and data integrity.
• Drive process improvements, and work with management to implement changes.
• Archive and register data relevant to product pricing formula.
• Negotiate price for each order to meet customer certification requirements and requested delivery dates.
• Research cost/profit data to determine price to achieve maximum operating profit and sales.
• Research, analyze and negotiate price, delivery date and customer certification requirements.
• Interaction with commercial and business leaders within Specialty Components providing real time, actionable data, and recommendations.

Leadership Competencies

• Business Insight - Applying knowledge of business and the marketplace to advance the organization's goals.
• Action Oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy,
• and enthusiasm.
• Ensures Accountability - Holding self and others accountable to meet commitments.
• Drives Results - Consistently achieving results, even under tough circumstances.
• Being Resilient - Rebounding from setbacks and adversity when facing difficult situations.

Requirements:

• Bachelor's degree
• Minimum of 3 years of commercial, mathematics, statistics, finance or analytical and data intensive environments. (Mechanical engineering knowledge a plus)
• Strong organization, collaboration, and communication skills
• Ability to structure and quickly synthesize large volume of data to develop actionable insights
• Intellectual curiosity of how to manage and deliver commercial outcomes more intelligently and efficiently
• Proficiency in Microsoft Suite (Word, Excel, Outlook),
• Strong business applications/tools experience, such as SAP, Salesforce.com, and forecasting techniques; coding knowledge a plus.

Preferred skills:

• Experience working on multi-functional teams
• Solid problem-solving and analytical skills
• Demonstrated ability and desire to learn new systems and applications
• Customer-centric mentality, with customer-facing work experience

Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

#LI-Hybrid

• 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

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you'd like to view a copy of the company's affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.

Equal Employment Opportunity Posters

Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.