At a Glance
- Tasks: Analyse pricing trends and support strategic pricing projects to boost sales and margins.
- Company: Established manufacturing firm with a focus on innovation and growth.
- Benefits: Competitive salary, excellent benefits, training, and flexible working options.
- Other info: Ideal for recent graduates looking to kickstart their career in a fast-paced environment.
- Why this job: Join a dynamic team and make a real impact on pricing strategies.
- Qualifications: Degree in Finance, Economics, or Business; analytical skills and attention to detail required.
The predicted salary is between 30000 - 40000 £ per year.
Our client, well established in the manufacturing industry, is looking for a Pricing Analyst to support the Pricing Strategy Project within the business. You will be involved in the ongoing monitoring and management of pricing to help achieve the strategic business objectives, optimize prices, increase sales and improve margins.
Key Duties
- Review, analyse and produce accurate reporting of pricing trends by Product Type, Region and Customer.
- Review core business pricing requirements for pro‑active customer proposals.
- Help drive and support the implementation of the new Pricing Strategy as a key member of the Project Team.
- Facilitate and manage review meetings with Sales Teams, presenting pricing reports, key findings and recommendations.
- Monitor sales price increases compared to recommendations where improvements need to be made, or erosion has been seen and compile margin analysis reports by product and country.
- Develop detailed sale price erosion reports comparing actual v PY and Budgets by country/ Customer/ Product and consolidated views.
- Develop sales bridges by product sector.
- Implement, review and drive improvements of Floor and Target Pricing levels within the CRM system; providing ongoing maintenance.
- Evaluate Project Opportunities, reviewing true margin and appropriate pricing levels to consider if it is deemed an acceptable opportunity.
- Investigate and provide recommendations on development of tools to improve price monitoring & reporting.
- Assist with the maintenance of Price List management within business ERP System (BaaN) and CRM quotation system; identifying updates and improvements.
- Develop Sales analysis for budget preparation comparing actual to proposed new budget.
- Monitor the price of copper and FX and update the CRM and price/cost models as appropriate.
Key Skills and Experience
- Degree in Finance/ Economics or Business.
- Operating in a fast‑paced environment to challenging deadlines.
- Experience of successful pricing for UK and internationally based customers.
- Background in Manufacturing preferred but not essential.
- Track record of analysing large amounts of data, identifying key trends/ points.
- Experience in presenting and reporting on data analysis, focusing on key issues.
- Excellent analytical, questioning, reasoning and decision‑making skills, coupled with a strong appreciation for the business impact of decisions made.
- Excellent oral and written communication skills.
- Excellent organisational and planning skills.
- Advanced Excel skills including financial modelling; Power BI and Power Query for report building and analysis.
- PowerPoint is also a key skill required.
- Can demonstrate the ability to prioritise, multitask whilst retaining attention to detail and accuracy.
Please note that a recent graduate with light experience may be considered.
Benefits
- Competitive salary + excellent benefits, training and development.
- Working hours are Mon-Frid 8:30‑5pm and typically office based but with the option of working 1 day from home once fully trained.
Pricing Analyst in Glenrothes employer: Edinburgh City Football Club Limited.
Join a well-established leader in the manufacturing industry as a Pricing Analyst, where you will play a pivotal role in shaping pricing strategies that drive business success. Our supportive work culture fosters professional growth through comprehensive training and development opportunities, while our competitive salary and benefits package ensures you are rewarded for your contributions. Located in a dynamic environment, we offer the flexibility of remote work options post-training, making this an ideal place for those seeking meaningful and rewarding employment.
Contact Details:
Edinburgh City Football Club Limited. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Analyst in Glenrothes
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching the company and its pricing strategies. Be ready to discuss how your skills can help them achieve their business objectives. Show them you’re not just another candidate!
✨Tip Number 3
Practice your presentation skills! As a Pricing Analyst, you'll need to present data and findings clearly. Grab a friend or use a mirror to rehearse your delivery and get comfortable with the material.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, it’s a great way to show your interest in joining our team directly.
We think you need these skills to ace Pricing Analyst in Glenrothes
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Analyst role. Highlight your experience with data analysis, pricing strategies, and any relevant software skills like Excel or Power BI. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing strategy and how your skills can help us achieve our business objectives. Keep it concise but impactful – we love a good story!
Show Off Your Analytical Skills:Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention specific examples where you've successfully identified trends or made data-driven decisions. We’re all about those insights!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Edinburgh City Football Club Limited.
✨Know Your Numbers
As a Pricing Analyst, you'll be dealing with a lot of data. Brush up on your analytical skills and be prepared to discuss how you've used data to drive pricing decisions in the past. Bring examples of reports or analyses you've done that highlight your ability to identify trends and make recommendations.
✨Master the Tools
Familiarise yourself with Excel, Power BI, and any other tools mentioned in the job description. Be ready to talk about how you've used these tools in previous roles or projects. If you can demonstrate your proficiency during the interview, it will show that you're serious about the role.
✨Understand the Business Impact
Pricing isn't just about numbers; it's about strategy. Make sure you can articulate how pricing decisions affect overall business objectives. Think about how you've contributed to sales growth or margin improvement in the past and be ready to share those stories.
✨Prepare for Scenario Questions
Expect to face scenario-based questions where you'll need to demonstrate your problem-solving skills. Practice articulating your thought process when faced with challenges like price erosion or competitive pricing strategies. This will show your analytical thinking and decision-making abilities.
