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Pricing Strategy Analyst

Company: Flowserve Corporation
Location: Pasadena
Posted on: November 12, 2021

Job Description:

Company Overview:

If a culture of excellence, innovation and ownership is what you’re searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve’s position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!

Role Summary:

The Pricing Strategy Analyst will be responsible for driving profit through the evaluation and review of price performance, guidelines, and policies. In this role, it is critical to engage with the Pricing Business Partners and platform leaders to identify opportunities to spur profitable growth through various price initiatives leveraging variance analysis, contract management, and process control. This will include analyzing and evaluating price, product, market, and cost data to recommend appropriate price strategies and corrective actions. The successful analyst will easily build rapport and credibility with multiple stakeholders at various levels throughout the organization. The analyst must possess a demonstrated ability to take the initiative to seek out and prioritize potential solutions. This position reports to the Director of Pricing. This position can work from any of our U.S. facilities.

Responsibilities & Requirements: Profitable Growth

  • In conjunction with pricing business partners and platform stakeholders, identify opportunities for pricing value capture and outline project plans and analytical approaches to define and capture profit uplift
  • Assist with segmentation strategy definition and variance-based analysis for key initiatives and specific product strategies
  • Provide support in list price setting through analysis of product, market, and competitive conditions
  • Support stakeholder adoption of initiative recommendations

Price Performance

  • Create price performance dashboards with automatic data updates to share price KPIs
  • Develop realization models to track OI impact from key initiatives
  • Support customer contract negotiations through economic, market, competition and index analysis
  • Engage with finance to understand cost elements and trends and provide mitigation strategies to offset profit implications
  • Assist with pricing process and governance design and execution

Required Qualifications

  • BS in Business, Finance, Engineering, or Marketing, or 5-7 years of related experience
  • Strong analytical and quantitative skills
  • Understanding of financial and cost accounting practices
  • Ability to travel domestically and internationally, approximately 15%

Preferred Experience / Skills: Preferred Qualifications:

  • Demonstrated success as a team player who is comfortable with open-ended problems and ambiguity
  • Ability to act independently with limited oversight
  • Demonstrated ability to improve processes and drive best practices across matrixed environment
  • Excellent communication and presentation skills with the ability to navigate all levels within the organization
  • Proficiency in Microsoft Excel as well as advanced analytical tools such as Tableau, PowerBI, etc.
  • Solicit the involvement of others to build a sense of ownership and inclusion
  • Confidence to act quickly and decisively when needed
  • Strong project management and organizational skills

Job Advertising Title: Pricing Strategy Analyst

Primary Posting Location: Houston, Texas US

Job Posting Category: Marketing

Employment Type: Full time

Country: United States

Auto req ID: 53536BR

Flowserve is an equal opportunity employer and makes employment decisions without regard to race, gender, disability or protected veteran status. Click here to learn more. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers Click here to learn more.

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access www.flowserve.jobs as result of your disability. You can request a reasonable accommodation by sending an e-mail to employment@flowserve.com. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.

Keywords: Flowserve Corporation, Pasadena , Pricing Strategy Analyst, Other , Pasadena, Texas

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