The Opportunity:
The Opportunity:
As a key member of the Commercial Excellence Team, reporting directly to the AMEA Pricing Manager, the Pricing Analyst will play a critical role in supporting Avantor’s pricing strategy. This role focuses on developing and implementing data-driven pricing strategies aimed at optimizing revenue, maximizing margins, and enhancing market share, all while ensuring high customer satisfaction.
The Pricing Analyst will work closely with Sales, Portfolio Management, Master Data, and Finance teams to streamline pricing operations, ensuring efficient collaboration and process optimization. You will partner with analytics leadership to drive improvements in pricing infrastructure, ensuring that pricing decisions are well-informed and based on high-quality data. This role also involves generating insightful data analysis reports and making actionable recommendations to support key business decisions.
The position spans across multiple business units, covering the analytical needs of both the Laboratory Solutions Segment (LSS) and the Bioscience Production Segment (BPS).
What we're looking for:
· Education & Experience:
o Bachelor’s degree from a Tier-1 college; an MBA from a Tier-1 or Tier-2 business school is preferred but not mandatory.
o Minimum of 3 years of experience as a Pricing Analyst or in a similar role, ideally within an MNC in a B2B environment handling a diverse product portfolio.
o Strong understanding of pricing strategies, optimization techniques, and experience with margin analysis and price-volume-mix.
· Technical Skills:
o Proficiency in SAP, advanced Excel and “R” programming language, and data visualization tools (Power BI / Tableau).
o Experience with pricing tools is an added advantage.
· Core Competencies:
o Strong analytical and problem-solving skills, with the ability to perform complex analysis.
o Excellent attention to detail and a commitment to maintaining data accuracy.
o Ability to manage multiple projects simultaneously while working under tight deadlines.
o Strong organizational skills and a proactive, autonomous work ethic.
o Business acumen, excellent communication, and presentation skills.
How you'll thrive and create an impact:
1. Pricing Operations & Customer Pricing:
o Collaborate with Sales and Portfolio teams to coordinate pricing proposals and opportunities.
o Continuously refine pricing processes by incorporating feedback from both internal and external stakeholders.
o Develop price guidance, metrics, and product cost analysis (covering both self-manufactured and traded products) and perform gross margin analysis at local and corporate levels.
2. Advanced Analytics & Pricing Simulations:
o Perform detailed pricing analytics including price elasticity studies, geographic/regional behavior analysis, discount trends, price bell curve analysis, and price-volume-mix effects.
o Leverage advanced analytics to simulate pricing scenarios and assess impacts on profitability and market competitiveness.
3. Process Improvement & Efficiency:
o Drive continuous improvements in pricing processes, ensuring efficient and effective execution.
o Coordinate with AMEA-Global Master Data and Global Pricing Operations to resolve costing and pricing issues within the ERP system.
4. Data Management & Reporting:
o Maintain and monitor the pricing repository, identifying opportunities for system enhancements.
o Produce comprehensive data analysis reports and actionable insights to guide business decisions.
Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.
Why Avantor?
Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science.
The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor.
We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today!
EEO Statement:
We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.
If you need a reasonable accommodation for any part of the employment process, please contact us by email at recruiting@avantorsciences.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.
3rd party non-solicitation policy:
By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation