Data Analyst/Data Scientist (Pricing Analytics)

undefined ago • 2-4 Years • Data Analysis

Job Summary

Job Description

This role as a Pricing Analyst at Quation involves developing and maintaining pricing tools, forecasting margins, and presenting detailed pricing analysis to drive higher sales and customer satisfaction. The position requires experience in marketing mix modeling and a strong analytical background. Quation is a forward-thinking organization specializing in advanced analytics solutions, committed to helping businesses make informed decisions and achieve their objectives through data-driven insights and continuous learning.
Must have:
  • Develop and maintain pricing tools and profitability models
  • Identify pricing actions to grow gross margin dollars
  • Forecast margins to understand promotional and seasonal impact
  • Monitor input costing changes and develop sensitivity analysis
  • Present pricing analysis with insights and suggestions
  • Communicate and implement pricing changes
  • Lead pricing-related projects
  • Experience in Marketing mix modelling
  • Maintain industry knowledge and developments
  • Assist R&D efforts with market views and feedback
Good to have:
  • Bachelor’s degree in finance, operations, research, statistics, math, economics, or related analytical discipline
  • Financial management experience with planning, forecasting, and business analysis
  • Experience within CPG/Retail sector
  • Ability to work cross-functionally to drive analysis-driven change
  • Proficiency in complex problem resolution and process/system enhancements

Job Details

Role: Pricing Analyst

Exp: 2-4 years

Responsibilities:

  • Develop and maintain pricing tools and profitability models
  • Grow total gross margin dollars by identifying pricing actions that encourage higher sale values, conversion rates, inelasticity, margin rates, and customer satisfaction
  • Forecast margins to help the business understand the impact of promotional and seasonal pricing
  • Monitor input costing changes and develop sensitivity analysis thresholds to provide reporting on potential changes to finished prices
  • Present pricing analysis (Price sensitivity, price elasticity, cross price elasticity, Cannibalization due to price changes) at a weekly/monthly strategy meeting, with insights, trends, and suggestions
  • Communicate and help implement pricing changes bi-directionally through the command chain
  • Lead pricing-related projects including establishing timelines, defining deliverables, and drafting communications or presentations
  • Experienced in Marketing mix modelling to assess the impact of marketing activities on Sales and also to optimise the spends for marketing activities
  • Maintain knowledge and stay abreast of developments in the industry via information obtained from financial publications and services, government agencies, company sources, and personal interviews
  • Assist R&D efforts with market views and feedback

Skills and Requirements:

  • Bachelor’s degree in finance, operations, research, statistics, math, economics, or related analytical discipline preferred
  • Financial management experience with planning, forecasting, and business analysis
  • Experience within {CPG/Retail}
  • Work cross-functionally throughout the organization to drive analysis-driven change
  • Demonstrates complex problem resolution proficiency and the ability to identify/implement process and system enhancements
  • Proficiency with analytical and presentation tools (Python/R programming, Excel pivot tables, SQL queries, graphing, PowerPoint)
  • In-depth knowledge of BI tools and practical experience analyzing data, program metrics, and performance

About Quation:

We specialize in delivering synergistic solutions that enable businesses to make informed decisions. With 200+ years of cumulative experience, our leaders strive to create customized solutions that empower Fortune companies to make better decisions. We deliver tangible and measurable benefits through advanced analytics solutions.

Quation is a forward-thinking organization that is committed to delivering high-quality services to its clients. We are known for our expertise in specialized fields viz. Technology, Supply Chain Analytics, Data Engineering, Data Warehousing, and Marketing Analytics.

Our goal is to help businesses achieve their objective by providing them with the tools, information, and resources that they need to succeed. Quation provides exceptional customer service and builds long-term relationships.

Data is an asset! When harnessed, it effectively enhances performance, fosters efficiency, and accelerates growth in real-time.

At Quation, we believe that the field of analytics is constantly evolving. To stay abreast with the latest trends and technologies, we make significant investments in learning and development.

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