1-5 Years (Pricing, Rate Management, or Logistics domain preferred)
Employment Type:
Full-Time
Job Summary:
We are seeking a detail-oriented and analytical
Pricing Analyst
to join our team. The ideal candidate will be responsible for conducting market research, preparing comprehensive rate sheets, verifying ledgers, and optimizing pricing strategies. This role is pivotal in ensuring competitive pricing, maintaining profitability, and enabling smooth cross-functional coordination with sales, operations, and finance teams.
Key Responsibilities:
1.
Rate Market Research & Competitive Analysis
Conduct market research to assess competitor pricing and regional shipping trends.
Collaborate with internal stakeholders to develop competitive client-specific pricing.
2.
Rate Sheet Preparation
Create and update detailed rate sheets including base rates, taxes, surcharges, and applicable discounts.
Validate rate sheets in collaboration with Account Managers and Finance.
3.
Ledger Verification
Verify client billing ledgers and reconcile any rate discrepancies.
Prepare monthly reports to ensure billing accuracy.
4.
Data Analysis & Pricing Optimization
Analyze historical pricing data and shipment volumes.
Recommend price adjustments for improved cost efficiency and profitability.
5.
Regular Rate Updates
Monitor market trends and regulatory changes for timely rate revisions.
Communicate updates to internal teams and ensure system-wide implementation.
6.
Cost Analysis & P&L Monitoring
Track operational costs and assess pricing impact on profit margins.
Identify and flag non-performing accounts with improvement suggestions.
7.
Team Management
Lead and mentor a small team (up to 3 members) for pricing and data-related tasks.
Train staff on pricing strategy, tools, and market intelligence.
8.
Strategic Pricing Implementation
Develop customized pricing models based on client requirements.
Ensure pricing aligns with profitability goals and service capabilities.
9.
Client Coordination
Handle client queries regarding pricing promptly and professionally.
Maintain detailed records of pricing discussions and approvals.
10.
Compliance & Documentation
Ensure pricing practices comply with company policy and legal requirements.
Maintain up-to-date pricing files for audit readiness.
11.
Cross-Functional Collaboration
Work with operations, finance, and sales teams to support accurate pricing rollouts.
Utilize software tools for data analysis and process automation.
12.
Performance Monitoring
Track pricing KPIs and provide actionable insights through monthly reports.
Continuously identify pricing improvement opportunities.
Key Skills Required:
Advanced MS Excel / Google Sheets
Data Analysis and Financial Reconciliation
Strong Analytical and Numerical Skills
Knowledge of Freight / Logistics Industry (Preferred)
Excellent Communication & Team Coordination
Problem Solving & Decision Making
Ability to Handle Large Datasets and Work Under Deadlines