Pricing Analyst

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, 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 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 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: Bachelor's degree from a Tier-1 college an MBA from a Tier-1 or Tier-2 business school is preferred but not mandatory.

• Experience: Minimum of 3 years of experience as a Pricing Analyst or in a similar role, ideally within an MNC in a B2B environment managing a diverse product portfolio.

• Strong understanding of pricing strategies, optimization techniques, and experience with margin analysis and price-volume-mix.

• Proficiency in SAP, advanced Excel, R programming language, and data visualization tools (Power BI / Tableau).

• Experience with pricing tools is an added advantage.

• Strong analytical and problem-solving skills, with the ability to perform complex analyses.

• Excellent attention to detail and a commitment to maintaining data accuracy.

• Ability to manage multiple projects simultaneously while working under tight deadlines.

• Strong organizational skills with a proactive and self-driven work ethic.

• Business acumen along with excellent communication and presentation skills.

How you'll thrive and create an impact:

• Collaborate with Sales and Portfolio teams to coordinate pricing proposals and opportunities.

• Continuously refine pricing processes by incorporating feedback from both internal and external stakeholders.

• Develop price guidance, metrics, and product cost analysis (for both self-manufactured and traded products), and perform gross margin analysis at local and corporate levels.

• Conduct detailed pricing analytics, including price elasticity studies, geographic/regional behavior analysis, discount trends, price bell curve analysis, and price-volume-mix evaluation.

• Leverage advanced analytics to simulate pricing scenarios and assess impacts on profitability and market competitiveness.

• Drive continuous improvement in pricing processes, ensuring efficient and effective execution.

• Coordinate with AMEA Global Master Data and Global Pricing Operations to resolve costing and pricing issues within the ERP system.

• Maintain and monitor the pricing repository, identifying opportunities for system enhancements.

• Generate comprehensive data analysis reports and provide actionable insights to guide business decisions.