Pricing Specialist

🔥 0 minutes ago

🦌 Connecticut – Remote

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💵 $83.3k - $133.3k / year

⏰ Full Time

🟢 Junior

🟡 Mid-level

💰 Pricing Analyst

👻 Ghost score 0%

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Logo of ABB

ABB

10,000+ employees

💼 Consulting

📦 Logistics

🚗 Transport

💰 $545.9M Post-IPO Debt - ABB on 2023-11

Consulting • Logistics • Transport

<ABB> ABB is a global technology company specializing in electrification, industrial automation, robotics, motion, and power products and services. It designs, manufactures and services hardware such as motors, drives, medium- and low-voltage equipment, transformers, EV charging infrastructure, and robotic systems, and provides software and lifecycle services to utilities, industry, transport and infrastructure customers to improve efficiency and enable a low-carbon, digitally connected future.

📋 Description

• Implement ABB-EL pricing policies and execute daily pricing operations • Conduct strategic price negotiations with product management and the commercial sales team across Smart Building and Smart Power product portfolios • Evaluate pricing requests across commercial, industrial, and residential market segments • Develop financial models to assess pricing scenarios and optimize volume, product mix, margin, and pricing outcomes • Review and approve regional standard and special pricing agreements • Assess trade area data, market and channel impact, product line strategy, price performance, and profitability metrics • Partner with commercial sales, business development, and product marketing leadership to assess agreement performance and develop strategies to capture business opportunities and increase market share • Monitor channel and end-customer performance metrics, including volume forecasts, say-do analysis, product mix commitments, and profitability tied to pricing agreements • Use business analytics tools to identify and execute pricing performance optimization opportunities and special projects around cleanup and price optimization • Report to the Sales Support Manager

🎯 Requirements

• Bachelor's Degree from an accredited university or college • Minimum 2 years of experience in the Electrical Industry and understanding of basic electrical products • Minimum 2 years of experience in a commercial, analytics, accounting or finance related roles • Proficiency in MS Excel • Strong analytical capabilities with demonstrated ability to break down complex business problems • Excellent written and verbal communication skills in English • Proven ability to manage multiple priorities, meet strict deadlines, and maintain performance in a dynamic, fast-paced environment • Candidates must already possess authorization to work for ABB in the US • Comprehensive knowledge of residential electrical products and applications (preferred) • Experience with enterprise systems (SAP, Vistaar, Vistex) is a plus • Demonstrated relationship-building, facilitation, and influencing capabilities (preferred) • Strong understanding of cost structures, profit margins, financial analysis, sales practices, sales enablement, channel management, and contract and risk management (preferred)

🏖️ Benefits

• Choice between two medical plan options: A PPO plan called the Copay Plan OR a High Deductible Health Plan (with a Health Savings Account) called the High Deductible Plan. • Choice between two dental plan options: Core and Core Plus • Vision benefit • Company paid life insurance (2X base pay) • Company paid AD&D (1X base pay) • Voluntary life and AD&D – 100% employee paid up to maximums • Short Term Disability – up to 26 weeks – Company paid • Long Term Disability – 60% of pay – Company paid; ability to “buy-up” to 66 2/3% of pay • Supplemental benefits – 100% employee paid (Accident insurance, hospital indemnity, critical illness, pet insurance) • Paid Parental Leave • Employee Assistance Program • Health Advocate support resources for mental/behavioral health, general health navigation and virtual health, and infertility/adoption • Employee discount program • 401k Savings Plan with Company Contributions • Employee Stock Acquisition Plan (ESAP) • 11 paid holidays • Vacation under a permissive time away policy for salaried exempt positions • Remote work arrangement

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