Pricing Associate

The Pricing Associate is primarily responsible for efficiently analyzing, updating, and maintaining Starkey pricing systems to ensure the accuracy of customer orders.

Starkey is a world leader in the manufacturing and distribution of advanced hearing technologies. We are in the business of connecting people and changing lives. Our teams come to work each day focused on ensuring people everywhere have the products and services they need to hear better and live better.

Founded in 1967 by Bill Austin, Starkey is known for our cutting-edge hearing health innovations, industry-leading research and development, and not being afraid to push the edge of what’s possible.

We are headquartered in Eden Prairie, Minnesota, have over 5,000 employees in 29 facilities across the globe, and do business in more than 100 markets worldwide.

Watch this video to see more of what sets Starkey apart.

https://youtu.be/9cUYwTlCepg?si=wkovx8_R_iINfrc6

JOB SUMMARY DESCRIPTION 

This position is primarily responsible for efficiently analyzing, updating, and maintaining Starkey pricing systems to ensure the accuracy of customer orders.

JOB RESPONSIBILITIES

• Review the pricing request, understand the related impact, and determine the most efficient process to complete
  • Apply knowledge of pricing guidelines across all business lines and brands to complete request following the appropriate process
• Update, maintain, and validate/test daily pricing, volume discount, accrual, and promotion requests
  • Timely and efficient data entry in support of completing requests
• Evaluate and identify areas for process improvement to increase the efficiency and effectivity of department
  • Review current processes and proactively question whether they are completed in the most efficient way; suggest options and opportunities for improvements
• Plan, review, and prepare appropriate data to effectively implement new product launch pricing per project plan
  • Implement and track new product launch progress on project plan
• Prepare, review, and distribute rebate reporting
  • Create and update rebate reporting forms, communicate to proper audience
• Communicate with both internal and external customers to support pricing or business issues and inquiries
  • Assist all internal and external customers with pricing or business inquiries
• Other duties/responsibilities as assigned

JOB REQUIREMENTS

Minimum Education, Certification and Experience Requirements

• Education (i.e., 4-year college degree, license, certification)
  • Two year Associate degree or equivalent combination of education and relevant work experience required
• Experience (i.e., years of work experience related to the job)
  • 2 to 5 years of related experience

Knowledge / Technical Requirements

• Working knowledge of Microsoft Office suite of programs with high-level Excel knowledge and skills
• Business Process Knowledge: Understanding of pricing strategies, trade promotions, order-to-cash processes, and cross-functional interactions between Sales, Finance, and Operations.
• Experience with Oracle Advanced Pricing (QP) within the Order Management (OM) suite, including price list management, pricing rules, modifiers, and discount structures.
• Experience with Oracle Trade Management (OZF) within CRM/Channel Revenue Management, including promotional planning, claims management, and trade fund administration. This module integrates closely with: Advanced Pricing (QP), Order Management (OM), Accounts Receivable (AR), Accounts Payable (AP), and General Ledger (GL)

Competencies, Skills & Abilities 

• Ability to write reports, business correspondence, and procedure manuals
• Good troubleshooting and analytical skills
• Ability to solve problems and deal with variables in situations where only limited standardization exists
• Good self-management and time management skills
• High level verbal and written communication skills
• Accounting and Financial Acumen: Strong understanding of general ledger processes, month-end close activities, budgeting, forecasting, and the financial impact of pricing decisions.
• Analytical and Problem-Solving Skills: Ability to investigate data discrepancies, identify process gaps, troubleshoot system and pricing issues, and provide effective solutions and guidance to end users.

Salary and Other Compensation:

The target pay range for this position is between $22.95-$36.66 per hour.  Factors which may affect starting pay within this range may include geography/market, skills, education, experience and other qualifications of the successful candidate.

This position is eligible for a bonus based upon performance results. There is no guarantee of payout.

Benefits:

The following benefits for this position, subject to applicable eligibility requirements, include medical insurance, dental insurance, vision insurance, 401(k) retirement plan, life insurance, short-term disability insurance, long-term disability insurance, employee assistance program, hearing aid benefits, PTO, paid holidays annually, floater days annually, volunteer service day annually, paid paternity leave, and tuition reimbursement. This position is eligible for a bonus based upon performance results. There is no guarantee of payout.

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Salary : $23 - $37