Pricing Business Analyst

Company: Flowserve Corporation
Location: Irving
Posted on: January 16, 2020

Job Description:

Company Overview:If a culture of excellence, innovation and ownership is what youre searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserves position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!Position Description:The Pricing Business Analyst will drive pricing value through the evaluation and review of pricing performance, guidelines, and policies for all products in a selected scope. The analyst will be responsible for developing an appropriate pricing approach in collaboration with other members of the central pricing team and executing pricing analyses to support the approach (e.g., product platform, product line, stocked vs. configured vs. Engineered products). The analyst will be responsible for engaging with members of the Central Pricing Team as well as business unit leaders to identify opportunities to spur profitable growth through various pricing actions, policy review, and pricing performance management. This will include analyzing and evaluating data on products, costs, and markets to support development, presentation and application of appropriate price strategies. The Business Analyst will also monitor and optimize pricing strategy through process control and variance analysis.Position Requirements:

• Works with the Central Pricing Team and business unit stakeholders to identify opportunities for pricing value capture and effectively outlines analytical approaches and project plans to validate and refine opportunities
• Working with the pricing business partner, help to inform effective segmentation strategy and variance-based analysis to define floor and ceiling price points
• Working with the pricing business partner, establishes and manages adherence to pricing process, governance and delegation of pricing authority
• Conducts regular reviews of price variance charts and metrics to ensure regular reviews of pricing opportunities
• Works at the direct of pricing business partners and lead consultant and at times independently to drive adoption of strategic initiatives to capture price opportunities
• Supports effective price reviews on large opportunities with cross-functional division staff (e.g. pricing committee, business unit personnel etc.)
• Supports business unit stakeholders in analytics and pricing capabilities
• Builds product knowledge and supports the monitoring of industry pricing practices; particularly for major competitors and distributors
• Supports data gather and analysis related to economic conditions and financial implications for the business
• Supports product development teams in defining customer economic value propositionPreferences:
  • BS in Business, Finance, Engineering, Marketing, or related field with 6 years or more experience (advanced degree or certification preferred)
  • Strong analytical and quantitative skills with proficiency in Microsoft Excel as well as advanced analytical tools such as Tableau, Power BI, etc.
  • Project management skills with sales/marketing experience
  • General understanding of financial and cost accounting practices
  • Demonstrates agility and ability to deal with ambiguity
  • Ability to complete analytics while seeing the bigger business picture with strong financial acumen
  • Negotiation skills and commercial judgement. Knowledge of sales process.
  • Excellent verbal and written communication skills
  • Excellent EQ with interpersonal and influencing skills. Willing and capable of facilitating change in organization
  • Must be able to maintain customer confidence and protect operations by keeping pricing information confidential
  • Experience in B2B pricingJob Posting/Business Card Title: Pricing Business AnalystPercentage of Approximate Travel Required: 20%Primary Posting Location: Irving, Texas USJob Posting Category: MarketingEmployment Type: Full timeCountry: United StatesAuto req ID: 48663BRFlowserve is an equal opportunity employer and makes employment decisions without regard to race, gender, disability or protected veteran status. Click here to learn more. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers Click here to learn more.If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access www.flowserve.jobs as result of your disability. You can request a reasonable accommodation by sending an e-mail to employment@flowserve.com. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.

Keywords: Flowserve Corporation, Irving , Pricing Business Analyst, Professions , Irving, Texas