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W R Systems
Norfolk, VA | Full Time
$70k-87k (estimate)
3 Months Ago
Pricing Analyst
W R Systems Norfolk, VA
$70k-87k (estimate)
Full Time 3 Months Ago
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W R Systems is Hiring a Pricing Analyst Near Norfolk, VA

Clearance Requirement: Ability to obtain and maintain a Secret Clearance

Travel Requirements: Periodic travel to Norfolk or Fairfax

Location: Norfolk, Fairfax, VA or Remote

SUMMARY: WR has an opportunity for a Pricing Analyst to develop strategic and competitive pricing strategies to support successful business growth.

Position responsibilities will include, but are not limited to the following:

  • Using expertise, identifies risk and develops price to win strategies and cost/price models to improve RFP win rate.
  • Ensures organizational cost accounting structure supports the organization’s cost/price proposal framework.
  • Works with functional areas and programmatic leadership to integrate cost accounting methodologies, proposal pricing strategies and techniques, and program strategy into a winning proposal.
  • Supports cost/price proposal resources and strategies.
  • Prepares, integrates, and oversees all aspects of cost/price proposal preparation, production, and delivery.
  • Works collaboratively with Functional Teams, Programmatic Leadership, and Subject Matter Experts (SMEs) to ensure that all costs are captured and the customer is provided with a competitive and compliant price proposal.
  • Evaluates solicitation (RFP, RFQ), sources sought, and Requests for Information (RFI) requirements, determines/supports costing/pricing structure and strategy, cost volume completion schedules, analyzes and compiles cost/price data, and prepares Price and Cost Volumes in a timely manner.
  • Participates in team review to verify the cost/price proposal aligns with the technical approach and requirements of the solicitation or similar medium (e.g. RFI, Sources Sought, etc.).
  • Makes recommendations to senior and executive management.
  • Works with Proposal Manager to identify all milestone dates (i.e., interim and final pricing reviews) during proposal development.
  • Lead interim and final pricing reviews with senior and executive management.
  • Develops and maintains cost estimating and pricing strategy policies and procedures.
  • Supports cost and pricing proposal audits.
  • Participates in cost and price proposal clarifications or negotiations.
  • Maintains complete price to win documentation and files.

Candidates must possess the following knowledge, skills, and experience:

  • Bachelor's degree in Business Administration, Accounting, Finance, Economics, or related field.
  • Four (4) years of experience in a Government Contract Pricing.
  • Proficient in ProPricer, MS Excel, & MS Word.

The selected candidate will be required to pass a pre-employment third-party background check which may include verification of any of the following: Employment history; Education and/or certifications; Criminal history; Driving Records; Other records or information related to the candidate’s suitability for the position.

WR is an equal opportunity/affirmative action employer and is committed to diversity in our workforce. All qualified applicants will receive consideration for employment without regard to race, traits associated with race, color, citizenship status, national origin, ancestry, genetic information, creed, sex, sexual orientation, gender identity or expression, pregnancy, childbirth, or related medical conditions, including lactation, age, religion, marital status, physical or mental disability, veterans’ status, or any additional factors that are protected by law. Please see https://wrsystems.com/our-responsibility/ for more information.

Job Location
Norfolk, Virginia, United States
Position Type
Full-Time/Regular

Job Summary

JOB TYPE

Full Time

SALARY

$70k-87k (estimate)

POST DATE

02/27/2024

EXPIRATION DATE

05/22/2024

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The job skills required for Pricing Analyst include Pricing, Economics, Leadership, RFP, Pricing Strategy, Business Administration, etc. Having related job skills and expertise will give you an advantage when applying to be a Pricing Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Pricing Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Pricing Analyst positions, which can be used as a reference in future career path planning. As a Pricing Analyst, it can be promoted into senior positions as a Competitive Pricing Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Pricing Analyst. You can explore the career advancement for a Pricing Analyst below and select your interested title to get hiring information.

If you are interested in becoming a Pricing Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Pricing Analyst job description and responsibilities

Pricing analysts understand business trends and market values for the products and services their organizations offer.

03/24/2022: Virginia Beach, VA

Pricing analysts help determine what prices to set and whether current rates need adjustment.

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Pricing analysts conduct research to learn the history of the product and previous market trends.

02/24/2022: Lafayette, LA

Pricing analysts collaborate with organizations that employ some form of a recurring revenue model to test various hypotheses about the efficacy of existing and proposed business models, pricing and packaging structure, and general market behavior.

03/14/2022: Boca Raton, FL

Heavily quantitative role focused on guiding management through developing pricing policies.

03/05/2022: Helena, MT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Pricing Analyst jobs

Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

04/10/2022: Fayetteville, NC

Students and new graduates can usually gain the necessary experience through a junior pricing analysis or finance position.

01/21/2022: Springfield, IL

Use pricing models to measure product profitability.

03/27/2022: Pittsfield, MA

Undertake ad-hoc pricing analysis as required by superiors.

03/02/2022: Boulder, CO

Therefore, to better understand changing price points, businesses should conduct new pricing-sensitivity study and market price tests right away.

03/12/2022: Hopkinsville, KY

Step 3: View the best colleges and universities for Pricing Analyst.

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