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Pricing Analyst (Hybrid)
$74k-91k (estimate)
Full Time | Specialty Trade in Construction 3 Days Ago
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ArchKey Solutions is Hiring a Pricing Analyst (Hybrid) Near Fenton, MO

Pricing Analyst - ArchKey Solutions

About the company

ArchKey Solutions is a Top 10 National Electrical Contracting company. Our teams work on large, sophisticated projects across the United States. When you work with ArchKey or any of our regional divisions, you are joining an expansive network of resources, experts, and innovators. More than a bright future, ArchKey Solutions offers positions with a stellar today. We are a lifestyle employer, providing flexibility, great pay, and strong benefits allowing you to live your best life at and away from work.

About the position

We are looking for a Pricing Analyst to join our Procurement team. In this data analytics role, you will audit and analyze supplier and customer master data to maximize the profitability and effectiveness of ArchKey's pricing process. You will be a driver of the company's pricing process through implementation, training and analysis. The Pricing Analyst works closely with distributors, manufacturers and the Procurement team to ensure pricing efficiency and overall profitability based on goods purchased to complete projects.

Day in the life

  • Create and maintain pricing agreements, catalogs and data bases
  • Monitor and resolve Electronic Data Interchange (EDI) and non-EDI supplier pricing agreements through the reconciliation process
  • Grow and maintain professional relationships with external vendors
  • Assist in identifying and resolving pricing and rebate issues, coordinate rebate and pricing strategies, prepare monthly summary reports, etc
  • Utilize working knowledge of reviewing profitability to inform leadership regarding material master data and cost issues that are impacting competitiveness and cost recovery
  • Routinely analyze supplier pricing data against contract agreements and competitor pricing to ensure consistency
  • Support project teams and individual business units with pricing analyses providing analytical support as needed
  • Review and import cost data, ensuring that data is accurate and uploaded into the system (INRS)
  • Collaborate with procurement team to maintain accurate vendor pricing for all products


Minimum Qualifications

  • Bachelor's degree, or equivalent work experience in Finance, Accounting, Business, Supply Chain, or Data Analytics
  • Experience with order entry, sales orders, debit/credit memos, purchasing and customer master data
  • Highly proficient in data analysis via Excel (V-Lookups, Pivot Tables, Formulas, etc) and database management
  • Strong collaboration and demonstrate a high level of integrity, dependability and time management skills
  • Superior communication skills, both written and verbal
  • Outstanding interpersonal and team leadership skills
  • Must possess strong attention to detail and ensure maximum quality of work throughout the lifecycle of the project
  • Experience using Procure-to-Pay solutions, especially INRS, is a plus


ArchKey Solutions is an Affirmative Action, Equal Opportunity Employer: M/W/Vets/Disabilities.

Our commitment to Diversity, Equity and Inclusion is an important aspect of our culture.

  • Every person is welcomed Every person is included Every person is valued


ArchKey Solutions, and our regional divisions, are committed to providing equal employment opportunity to all applicants and employees regardless of their race, creed, color, religion, gender, age, national origin, disability, military service, protected veteran status, genetic information, sexual orientation, gender identity, transgender status, or any other characteristic protected by federal, state, or local law. This policy applies to all employment actions, such as recruiting, hiring, training, promotion, compensation, benefits, transfers, layoffs, and termination without discrimination based on protected categories named above.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Specialty Trade in Construction

SALARY

$74k-91k (estimate)

POST DATE

05/19/2024

EXPIRATION DATE

07/17/2024

WEBSITE

archkey.com

HEADQUARTERS

MINNEAPOLIS, MN

SIZE

1,000 - 3,000

FOUNDED

1927

TYPE

Private

CEO

JOEL MORYN

REVENUE

$200M - $500M

INDUSTRY

Specialty Trade in Construction

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The following is the career advancement route for Pricing Analyst (Hybrid) positions, which can be used as a reference in future career path planning. As a Pricing Analyst (Hybrid), 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 (Hybrid). You can explore the career advancement for a Pricing Analyst (Hybrid) 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.

02/05/2022: Denver, CO

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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