Pricing Management Senior Analyst

Position Summary

The Senior Pricing Analyst is responsible for managing pricing operations, item creation governance, pricing data integrity, and price book administration across the organization. This role serves as a key liaison between Product Management, Sales, Supply Chain, and Finance teams to ensure accurate pricing execution, timely item setup, and effective maintenance of pricing and cost information. The position also drives process improvements, supports pricing audits, and ensures compliance with established pricing policies and procedures.

Key Responsibilities

Pricing & Item Master Management

• Lead and oversee the end-to-end item creation process within Oracle and related systems, ensuring accurate setup of item attributes including EPH, product category, supplier information, costs, list prices, currency, and other master data elements.


• Ensure data integrity and consistency across Oracle, EDP, SharePoint, and other business systems.


• Monitor and validate item creation requests, updates, and modifications to ensure compliance with company standards.


• Act as the subject matter expert for item master and pricing data management.

Price Book Administration

• Lead the preparation, review, validation, and distribution of product and service price books.


• Ensure timely publication of approved pricing updates and revisions.


• Manage customer-specific pricing information and support related pricing governance activities.


• Control and facilitate user access to price books and pricing documentation stored within SharePoint.

Pricing & Cost Maintenance

• Maintain and update pricing, costs, and related commercial data in Oracle, EDP, SharePoint, and other pricing systems.


• Ensure price and cost changes are accurately reflected across all applicable systems.


• Track product discontinuations and lifecycle changes to maintain accurate pricing records.


• Coordinate with Product Managers and relevant stakeholders on pricing changes arising from new product introductions and product phase-outs.

Data Governance & Documentation

• Maintain comprehensive master files containing item, cost, and pricing information.


• Ensure all pricing and cost updates are properly documented, traceable, and auditable.


• Support internal and external audit requirements through accurate documentation and record management.


• Prepare and maintain pricing audit reports and supporting documentation.

Stakeholder Support & Issue Resolution

• Serve as the primary contact for pricing-related inquiries from Market Units, Supply Chain, Sales, Finance, Product Management, and other business functions.


• Investigate and resolve pricing discrepancies, data issues, and operational concerns in a timely manner.


• Escalate critical issues and risks to management while providing recommendations for resolution.


• Provide guidance and training to stakeholders on pricing processes and system requirements.

Cross-Functional Collaboration

• Partner closely with Product Managers, Factory Contacts, Market Unit Sales teams, Supply Chain, Finance, Oracle support teams, and other stakeholders to ensure accurate execution of: 
  
  
  
  • Price book releases
  
  
  • Item creation activities
  
  
  • Cost updates
  
  
  • Pricing revisions
  
  
  • System maintenance and publication processes
  
  


• Support business initiatives requiring pricing analysis and data governance expertise.

Process Improvement & Continuous Improvement

• Evaluate existing pricing and item management processes to identify inefficiencies and improvement opportunities.


• Recommend and implement automation, standardization, and process optimization initiatives.


• Lead continuous improvement projects aimed at enhancing pricing accuracy, productivity, and operational efficiency.


• Regularly review and update work instructions, standard operating procedures, and process documentation to ensure relevance and compliance.

Qualifications

• Diploma or Bachelor's Degree in Business Administration, Finance, Accounting, Economics, Supply Chain Management, or a related discipline.


• Minimum 3-5 years of experience in pricing, commercial operations, item master management, or related analytical functions.


• Strong understanding of pricing concepts, including costs, margins, pricing structures, and commercial processes.


• Advanced proficiency in Microsoft Excel, Power Query, and other data analytics tools, with expertise in data analysis, reporting, data validation, dashboard development, and process automation.


• Hands-on experience with Oracle ERP or similar enterprise systems is required.


• Experience with SharePoint and pricing database management is highly preferred.