Senior Pricing Analyst

Job Description

The key role of the North America Senior Pricing Analyst is to assist in the implementation of our pricing strategy that will enable the business to maximize profitability from sales while continuing to drive growth. This role will provide guidance to the sales team and suggest pricing opportunities to optimize margin as well as participate in gross margin improvement initiatives.

This role will report directly to the North America Strategic Pricing & Profit Leader.

The responsibilities of this position generally fall into 3 categories:

• Pricing Strategy
• Analysis & Insights
• Execution

This role will provide cross-functional support to develop & execute on the pricing strategy for all ADI products lines using pricing optimization and strategic price list setting using best in class cloud software. Implement key pricing policies & strategies including the development of optimized customer prices for products across various product lines. Facilitate pricing programs by working with Sales, Marketing and Finance across the organization. Perform data analysis to support ad hoc pricing and profitability projects focused on increasing overall company profitability.

PRICING STRATEGY:

• Execute ADI's strategic pricing strategy to improve gross margin performance - analyze, communicate and execute on these strategies.
• Implement strategic price lists of 200,000 products from over 1,000 manufacturers to a customer base of over 70,000 customers.
• Provide negotiated pricing recommendations (Guidance), through analytical software, monitor impact and provide feedback to relevant stakeholders.
• Monitor competitive and marketplace changes and adjust pricing accordingly to capture and maintain maximum value.
• Ensure price changes are effectively implemented, communicated & monitored to ensure they are optimized.

ANALYSIS AND INSIGHTS:

• Develop and drive the analytical solutions to improve pricing, profit and other strategic initiatives within the company.
• Create and automate diagnostic reporting to understand drivers to daily, weekly, monthly trends and root cause analysis.
• Develop new data feeds that expand overall visibility into internal and external drivers of profitability.
• Communicate and correct transactional price leakage, opportunity, FX variations and price waterfall analysis to identify areas of opportunity.
• Create monthly/quarterly financial reporting metrics to track margin improvement from current plans being executed.

YOU MUST HAVE:

• Candidates will have knowledge of strategic pricing models within a B2B wholesale distribution environment.
• Minimum 3 years' experience in the Pricing, Analytical or a Strategic Function.
• Any new hire for this position must be vaccinated for COVID-19 by their start date with Resideo, subject to any prohibitions or exceptions under state or local law.

WE VALUE:

• Exceptional analytical skills with a demonstrated ability to not only identify business improvement opportunities but to make recommendations and execute actions to generate quantifiable value to achieve annual budget targets.
• Experienced in driving successful change programs within a fast paced organization.

WHAT'S IN IT FOR YOU:

• Enjoy work-life balance with flexible vacation!
• Immediate eligibility for 401K.

About Us

Resideo is a leading global provider of critical comfort and security solutions primarily in residential environments and distributor of low-voltage electronic and security products. Building on a 130-year heritage, Resideo has a presence in more than 150 million homes, with 15 million systems installed in homes each year. We continue to serve more than 110,000 professionals through leading distributors, including our ADI Global Distribution business, which exports to more than 100 countries from more than 200 stocking locations around the world. Resideo is a $5.0 billion company with approximately 13,000 global employees. For more information about Resideo, please visit www.resideo.com.

At Resideo, we bring together diverse individuals to build the future of homes. Resideo is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.