Thermo Fisher Scientific Pricing Analyst in Pittsburgh, Pennsylvania
The Pricing Analyst will support revenue and operating income goals thru price attainment for the Chromatography and Mass Spectrometry organization within Thermo Fisher Scientific. Establish price standards, strategies, and performance. Build organizational capabilities, and communicates key pricing insights and recommendations to Leadership and other relevant stakeholders.
Identify, validate, and quantify new pricing improvement opportunities across the entire product and service portfolio. Maintain a pipeline of near-, mid-, and long-term opportunities. Track and manage the progress toward substantiating the improvement opportunities in the pipeline
Maintain strong communication with Business Analytics, Sales, Marketing, Finance and Commercial teams
Regularly articulate and reinforce pricing strategies throughout the organization
Provide subject matter expertise to sales teams on pricing strategy and implementation Develop and drive data-driven pricing guidelines/tools for business units
Provide analysis and technical support for pricing initiatives that include setting list prices, determine customer specific discounts and identify product conversion opportunities
Support new product introduction price positioning optimizing price and value. Work closely with marketing, product management and finance teams to determine optimal launch price
Perform ad hoc data analysis for business units around customer, products and vendors dynamics
Develop tools in SQL and excel to help guide business units in setting strategic prices in the market, implement pricing improvement programs, and track financial impact
Identify, validate, and execute opportunities for sales performance improvements
Prepare executive-level reports of findings and opportunities increase price attainment in the businesses
Support the development and refinement of tools, policies, and procedures that enhance existing performance
Perform other duties as assigned
Must have a BS Degree in Finance, Accounting, Business Administration, or other related field from an accredited university
Must have experience with pricing strategies and execution methodologies in a manufacturing and/or distribution business
Ability to work cross-functionally and effectively influence and partner. Must relate well to all kinds of people, listens and builds constructive relationships, uses diplomacy and tact. Shows creativity and innovation in presenting ideas
Strategic thinker and problem solver
Detail oriented, organized and analytical. Has the ability to handle multiple projects at the same time
Ability to drive projects and activities to successful conclusion, operating with a high sense of urgency
Excellent analytical capabilities including SQL, Excel and relational database skills.
Demonstrated analytical and statistical problem solving skills, including data handling and relational database programming
Minimum 5 years of work experience in related field
Demonstrated ability to operate independently with broad general guidance against a framework of defined business objectives
Prior experience working in large corporate environment or a diversified, complex organization is preferred. Candidates should be comfortable operating within a matrix structure.
Strong intellect, drive, and communication skills
Ability to travel (10%)
Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.