What are the responsibilities and job description for the Pricing Analyst position at NEFCO Construction Supply LLC?
Description
Job Summary: As a Pricing Analyst at NEFCO, you will play a key role in developing and implementing pricing strategies that maximize revenue, margin, and market share. You will analyze complex datasets, monitor competitive landscapes, forecast pricing impacts, and collaborate closely with Sales, Marketing, Product, Supply Chain, and Finance teams to provide actionable recommendations. Special project work/analysis as assigned.
Job Duties:
- Troubleshoot pricing and cost issues in real time with management and sales staff in response to customers’ needs
- Perform sales audit on prior day’s sales activity; identify and resolve pricing issues that arise from COST/COGS
- Conduct in-depth market research and competitive pricing analysis to identify trends, opportunities, and threats
- Analyze historical sales data, customer behavior, elasticity, and cost structures to recommend optimal pricing for products/services
- Build and maintain pricing models, forecasting tools, and profitability simulators (using Excel, SQL, Python/R, or similar)
- Support pricing decisions for new product launches, promotions, bundling, discounts, and contract negotiations
- Monitor and report on pricing performance metrics, margin trends, win/loss rates, and revenue impact
- Partner with cross-functional teams to align pricing with go-to-market strategy and business objectives
- Prepare clear, insightful presentations and reports for leadership, translating complex data into strategic recommendations
- Identify and implement process improvements in pricing workflows and data governance
- Stay current on industry trends, economic factors, and advanced pricing methodologies (value-based, dynamic, subscription, etc.)
Requirements
Required Qualifications:
- Excellent verbal and written communication skills
- Strong customer service skills
- Bachelor's degree in Finance, Economics, Business Analytics, Statistics, Mathematics, or a related field (although industry experience may be considered in lieu of degree)
- Strong proficiency in Excel (advanced functions, pivot tables, modeling); experience with SQL, Python, R, Tableau/Power BI, or similar tools is beneficial
- Solid understanding of pricing strategies (cost-plus, value-based, competitive, dynamic pricing) and market dynamics
- Excellent analytical, quantitative, and problem-solving skills with high attention to detail
- Ability to communicate complex findings clearly to both technical and non-technical stakeholders
- Proactive mindset with the ability to manage multiple priorities in a fast-paced environment
Preferred Qualifications:
- Prior experience with Solar Eclipse ERP software
- 2–5 years of experience in pricing analysis, revenue management, financial analysis, or a related analytical role
- Experience within Industrial Distribution and Construction Products
- Knowledge of statistical analysis, regression modeling, or price elasticity techniques
- Previous exposure to A/B testing or experimentation in pricing
If you're passionate about turning data into profitable pricing decisions and want to help shape the future of our business, we'd love to hear from you!