Pricing Analyst

Kennametal - Pittsburgh, PA

Full-time - Entry Level

Remote - Pittsburgh, PA

5,001-10,000 employees

Machinery Manufacturing

About the position

The Pricing Analyst at Kennametal plays a crucial role in supporting the design, implementation, and maintenance of pricing and discount programs. This position is essential for achieving the company's sales, margin, and brand positioning objectives, particularly within the Advance Material Solutions business unit. The analyst will be responsible for creating and maintaining price lists, analyzing market trends, and developing pricing strategies that align with business goals.

Responsibilities

• Creation, maintenance, and distribution of price lists (regional, customer, distributor, product, etc.)
• Track raw material indexes and routinely adjust prices to limit cost exposure impact
• Track competitive pricing trends in the marketplace
• Analyze and process special price requests, quotations, and proposals from both outside and inside sales teams for multiple product lines
• Complete pricing requests and manage prioritization to ensure timely completion
• Interpret results of analytical insights and communicate results to business leaders to drive value
• Work directly with sales leaders, product managers, and business unit leaders to perform data analysis and develop market, product, and customer-specific pricing strategies
• Analyze sales and margin data to determine how a price change or implementation will affect the division's market share and profitability
• Track, monitor, and analyze key success metrics of all pricing actions and strategies to ensure analytics are delivering desired business impact
• Assist with pricing and quotation procedure changes and improvements
• Ensure compliance (SOX, etc.)

Requirements

• Bachelor's degree in an analytical discipline (e.g., Economics, Statistics, Engineering, Business Management, Mathematics, DATA Management/Analytics, or related fields)
• 1-3 years working in a business analysis role, or recent graduate with superior skill set
• Experience working in a pricing analyst role preferred
• Demonstrate proficient background with data modeling and trending
• Experience with database creation and management, involving manipulation of large datasets from multiple sources
• Outstanding time management skills with organized habits
• Excellent written and verbal communication skills
• Strong skills in Microsoft Excel with working knowledge of other computer programs (e.g., MS Word, Outlook, Access, SAP, Tableau, Powder BI)

Benefits

• Employee discount