Border States Electric

Pricing Optimization Analyst

Fargo, ND

About This Job

Flexibility Option:

Job Req Id: 30211

Description:

Be part of a growing, successful company in an exciting and challenging field. Border States is 100% employee-owned, which means you’re empowered to make decisions, find solutions and receive rewards for your hard work.

This position will be located in: Fargo, ND

Job Summary

Maintains and enhances pricing optimization cycles through data analysis and market research to determine optimal prices for products, aiming to maximize revenue and profitability while meeting customer demand. Responsible for monitoring the performance of the optimization cycle decisions and their impact on revenue, profitability, and margins through insightful tracking. Provide support to the Strategic Pricing team through key process automation to improve efficiency and decision-making. The ideal candidate will have a strong background in data analysis, pricing strategy, and process automation.

Responsibilities

Essential functions

•

Oversees and executes pricing optimization cycles for customer matrix and base matrix levels.

•

Examines historical sales data and analyze market trends, customer behavior, and competitive positioning to refine pricing strategies.

•

Develops and implements strategies to improve pricing accuracy and responsiveness to market changes.

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Reviews pricing performance and adjusts models to maximize ticket margin and gross profit.

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Develops and maintains detailed tracking and reporting for ticket margin and gross profit impacts.

•

Monitors exceptions and trends related to price erosion and price adherence and drives improvement through root cause analysis, provides recommendations and support of improvement plans and/or activities

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Provides actionable insights to the pricing and sales teams to enhance profitability and competitive positioning.

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Automates key pricing cycle processes to enhance efficiency and minimize errors.

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Develops automated reports and dashboards for real-time insights into pricing performance and margin impact.

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Optimizes data collection and analysis workflows to improve decision-making speed and accuracy.

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Stays updated on emerging technologies and recommend automation solutions to drive process improvements.

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Creates and automates templates for analyzing margin erosion, floor and target pricing, cluster analysis, pricing expiry and other pricing-related insights.

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Delivers regular and ad-hoc reporting on pricing performance, profitability, and market trends.

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Collaborates with cross-functional teams to align pricing strategies within business objectives.

Non-essential functions

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Assists both open market and alliance strategic pricing team with reporting as needed

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Coordinates Customer Price List review with strategic pricing team

•

Performs other duties as assigned by supervisor or designate.

Qualifications

•

Bachelor’s degree in finance, economics, business, data science, or related field or the equivalent of years of experience, required.

•

Minimum of three years’ of experience in pricing, financial analysis, or a similar analytical role.

•

Strong proficiency in data analysis tools (e.g., Excel, SQL, Power BI, Tableau).

•

Experience with process automation, machine learning, AI, and reporting development (e.g., RStudio, Python).

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Experience in managing and analyzing large datasets, with a strong attention to detail

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Excellent problem-solving and critical-thinking skills, with the ability to identify trends and patterns in complex datasets.

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Strong communication and presentation skills, with the ability to convey complex information in a clear and concise manner.

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Ability to work collaboratively in a team environment and manage multiple priorities and deadlines.

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Must be able to read, write and speak in English.

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Prefer strong working knowledge of PC for Windows, Microsoft Office (Excel, Access, Word and PowerPoint, and Outlook), Internet, and SAP software.

Skills and Abilities

•

Strong organizational skills.

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Excellent interpersonal, written and verbal communication, and presentation skills.

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Strong reporting and data analysis skills.

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Pricing strategy and systems knowledge.

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Excellent customer service skills include being competent, accurate, responsive and engaged.

•

Ability to drive goal setting and performance.

Physical Requirements

Frequency at which you would carry/lift in a typical day:

Occasionally 0 – 33% Frequently 34 – 66% Continuously: 67 – 100%

•

Lift from Waist:

+ < than 10 lbs. - Not at all + 10 to 25 lbs. - Not at all + 26 to 50 lbs. - Not at all + 51 to 75 lbs. - Not at all + 75 to 100 lbs. - Not at all + 100+ lbs. - Not at all

•

Lift from Floor:

+ < than 10 lbs. - Frequently + 10 to 25 lbs. - Frequently + 26 to 50 lbs. - Occasionally + 51 to 75 lbs. - Not at all + 75 to 100 lbs. - Not at all + 100+ lbs. - Not at all

•

Carried for Distance:

+ < than 10 lbs. - Not at all + 10 to 25 lbs. - Not at all + 26 to 50 lbs. - Not at all + 51 to 75 lbs. - Not at all + 75 to 100 lbs. - Not at all + 100+ lbs. - Not at all Physical Activity

Frequency at which you would do the following in a typical day:

•

Sitting (a continuous period of being seated) - Continuously

•

Standing (for sustained periods of time) - Frequently

•

Walking (moving about on foot to accomplish tasks) - Frequently

•

Bending/stooping (downward and forward) - Occasionally

•

Crawling (moving about on hands and knees or hands and feet) - Not at all

•

Climbing/Walking Stairs (ascending or descending) - Frequently

•

Reaching (extending arms in any direction) - Frequently

•

Crouching/squatting (bending the body downward and forward by bending leg and spine) - Occasionally

•

Kneeling (bending legs at knee to come to rest on knee(s)) - Occasionally

•

Balancing (maintaining body equilibrium to prevent falling) - Occasionally

•

Repetitive motion (substantial movement (motions) or the wrists, hands, and/or fingers) - Continuously

•

Pivoting (movement in any direction with one foot, keeping the other in contact with the floor) - Occasionally

•

Pushing/Pulling (using upper extremities to press against or draw or tug) - Occasionally

•

Grasping (Applying pressure to an object with the fingers and palm) - Continuously

•

Fingering (picking, pinching, typing; working with primarily fingers and not whole hand) - Continuously

•

Talking (expressing or exchanging ideas by means of the spoken word) - Frequently

•

Driving (the control and operation of a motor vehicle) - Occasionally

•

Desk work (work usually performed at a desk) - Continuously

•

Use of a computer - Continuously

•

Use of a telephone - Frequently

•

Hearing (Perceiving the nature of sounds at normal speaking levels) - Continuously

•

Exposure (to adverse weather & temperature conditions) - Not at all

•

Travel (travel needed to perform job duties) - Occasionally

Additional Information

This job description is a summary of the job duties and responsibilities and is not intended to cover all possible job duties and is subject to change at the employer’s discretion. Employees must be able to perform the essential job duties and satisfy job requirements either with or without a reasonable accommodation.

Pricing Optimization Analyst

About This Job

Job Summary

Responsibilities

Essential functions

Non-essential functions

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