Title: Pricing Analyst

Department: Finance

Job Type: Regular Full Time

Location: Horsham, PA

Schedule: Mon-Fri, 8am-4:30pm

Job Summary:

The pricing analyst works with the finance, sales and marketing departments to assist with the development and implementation of pricing strategies for the company’s products and services. These pricing strategies will be aligned to ensuring profitable growth in the business and maximizing the potential for annual price increase.

Education and Experience

• Minimum of a bachelor’s degree in finance, accounting, or related field required; Masters preferred.

• At least three years of analyst experience, demonstrating progressive advancement in the position.

Major Duties & Responsibilities

• Assist with development of pricing structures and policies based on customer and product segmentations

• Track contract pricing performance and compliance

• Work in a cross functional team with Sales, Finance, Operations and Marketing to collect and analyze data and agree on cost data to support pricing models

• Identify areas of price opportunity based on data-driven analytics

• Assist with development and execution of comprehensive pricing strategies and tactics to improve profitability across the customer and product portfolio

• With marketing, develop pricing strategies for new products and commercialization of new product features to compete in new and established markets

• Ensure timely and accurate entry of special pricing into the billing system.

• Maintain and update Special Pricing Tool as needed.

• Distribute periodic financial reports. Support continuous improvement of pricing operations and processes including lookbacks to assess effectiveness of adoptions

• Timely and thorough review of all contract related documents ensuring the agreements have the necessary language to clarify intent and to protect NMS pricing.

• Provide timely and accurate reporting and analytics to the business that help improve forecasting, pricing/contracting decisions and general business planning

• Manage, develop and implement a process to maximize the value of annual price and service renegotiations with clients on contracts as well as clients outside of contract.

Knowledge, Skills and Abilities

• Excellent analytical and problem-solving skills

• Strong financial modeling skills with high level of proficiency in Excel (Pivot tables, Vlookup’s etc.)

• A minimum of 3 years finance, revenue management or pricing analytics expertise

• Ability to think strategically and get to the story behind the numbers

• Experience with Microsoft Dynamics 365 preferred

• Experience with Macro’s is a plus

• High business acumen

• Additional analytical tools & methods experience is a plus (R, SQL, Python)

• Strong leadership skills and political savviness

• Strong verbal and written communication skills

• Strong organizational skills and attention to detail

Physical Demands:

• Ability to talk, hear, and use hands and fingers to manipulate computer keyboard, objects, or controls.

• Requires sitting sometimes for long periods of time

• Vision abilities (with correction) include close, distance, depth perception, and ability to adjust focus.

Offers of employment are made contingent upon a nationwide background investigation and urine drug screen with results satisfactory to standards of employment at NMS. NMS requires all employees to show proof of full COVID-19 vaccination unless prohibited by state law.