Job Posting for Pricing Analyst at Fimco Industries
Pricing Analyst Job Summary:
The Cost Analyst is responsible for conducting market research on competitor pricing for similar products, reviewing previous sales data and company revenue needs, and analyzing, then presenting data to make pricing recommendations for company products.
Cost Analyst Duties/Responsibilities:
Conducts ongoing market research to recommend changes to product pricing
Stays up to date on industry trends and new products
Analyze pricing effectiveness; provide detailed insight into key performance indicators for revenue tracking, future planning, and strategic decision-making.
Monitor competitive market, including any competitor pricing variances
Review previous sales data and company revenue needs to determine accurate market pricing based on findings
Identifies prior price fluctuations and compares previous sales trends to determine the cause
Submits reports and/or present findings to the senior leadership team
Identifies marketing strategies to increase revenue
Recommends applicable product sales and clearance prices as needed to attract more customers and move product
Performs other related duties as assigned.
Cost Analyst Education and Experience:
Bachelor’s degree in Accounting or Business required
3 years of related experience required
AS400 experience a plus
Cost Analyst Other Skills/Abilities:
Excellent analytical skills
Excellent organizational skills and attention to detail
Thorough understanding of cost accounting principles and procedures
Proficient in Microsoft Office Suite or similar software, as well as accounting software
Excellent verbal and written communication skills
Salary.com Estimation for Pricing Analyst in Sioux, SD
$81,697 to $105,851
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