Pricing Analyst

Job Description:

Join our Team: Pricing Analyst
Location: Watertown, SD (preferred), or Remote

Travel: As needed, domestic and International, no more than 15%

Join our team at Terex and embark on an exciting opportunity as we seek a skilled and dedicated Pricing Analyst to contribute to the Terex team.
At Terex we believe in fostering a vibrant and inclusive work culture where every person is empowered to thrive. We're dedicated to driving quality, innovation, embracing diversity, and creating an environment where everyone feels valued and respected. We're committed to excellence in everything we do, and we're seeking talented individuals who share our passion and values to join our team.

As a Pricing Analyst at Terex based in Watertown, you'll play a pivotal role providing support the implementation of pricing tools, policies, procedures, and supporting price and cost maintenance activities. The Pricing Analyst will report to the Demand Planning Manager.

What you'll do

• Must be able to work under limited supervision and in collaboration with After-market, product management, engineering, field sales organization, key business partners and the senior management team, to improve the profitability of the business by systematically employing key pricing levers.
• Should use his/her innate curiosity to dig into problems, constantly asking the question "how can I make this better? "Creativity and innovative thinking.
• Research current best practices in parts pricing structures and analyze historical pricing data to suggest future pricing improvements
• Work in a state-of-the-art pricing tool
• Assess competitor price positions, draw similarities and differences with current pricing and make recommendations as needed
• Assist in developing executive level presentations related to overall pricing strategy, execution of pricing optimization projects, and pricing program effectiveness
• Collaborate with sales, finance and the commercial team as needed in designing and implementing customer pricing models to maximize revenue effectiveness
• Work with cross functional teams to support the implementation and execution of proposed processes. This will include creating appropriate training and support materials for end users, developing business rules & monitoring their effectiveness as well as maintenance of the solution tools
• Assist in monthly reporting
• Cross train team on systems and processes as needed

What you'll bring

• Bachelor's degree in business, Data Analytics, Statistics, Computer Sciences, Business Management or related degree
• Minimum 3 years analytic experience, preferably in pricing analytics
• Excellent verbal and written communication skills
• Ability to work independently and drive process improvement.
• Leadership skills to bring together cross-functional resource to focus on common objective
• Affinity for working with numbers and data
• Good planning, execution, and project-management skills
• Working knowledge of Excel, specifically complex excel formulas, datasets within Excel, pivot tables etc. (VBA skills are an advantage)
• Working Knowledge of PowerPoint
• Learns quickly when facing new problems, open to change, demonstrate flexibility and adaptability
• Attention to detail and accuracy and strong documentation skills
• Demonstrate ability to build relationships with the internal customers (Operations, Sales, Finance, etc.), including remote teams

Nice to haves:

• Basic knowledge of R, Python, VBA, Oracle, SQL or other programming Languages
• Marketing background
• Understanding of relational databases (Oracle, AS400)
• Basic knowledge of data mining techniques
• Other experience: machine learning, dashboarding, SQL scripting

Why join us

• We are a global company, and our culture is defined byour Values - Integrity, Respect, Improvement, Servant Leadership, Courage, and Citizenship. Check out this video! The Terex purpose
• Safety is an absolute way of life. We expect all team members to prioritize safety and commit to Zero Harm.
• Our top priority is creating an inclusive environment where every team member feels safe, supported, and valued.
• We make a positive impact by providing innovative solutions, engaging our people, and operating in a sustainable way.
• We are committed to helping team members reach their full potential.
• Through innovation and collaboration, our vision remains forward-looking, and we aim to be a catalyst for change, inspiring others tobuild a better world for generations.
• We offer competitive salaries, Team Member bonus, healthcare, paid holidays, 401K, life insurance, LinkedIn Learning.
• For more information on why Terex is a great place to work click on the link! Careers | Terex Corporate

This above description is non-exhaustive and there may be additional duties in accordance with the role.

If you are interested in an open position but feel you may not meet all the listed qualifications, we still encourage you to apply.

About Terex:

Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, and Asia Pacific and sold worldwide.

Additional Information:

We are passionate about producing equipment that helps improve the lives of people around the world and providing our team members with a rewarding career and the opportunity to make an impact. We are committed to recruiting, engaging, developing, and retaining team members at all levels of our global workforce. Our culture is defined by our Terex Way Values - Integrity, Respect, Improvement, Servant Leadership, Courage, and Citizenship. Our values are the driving force behind our commitment to maintain an inclusive, supportive, non-discriminatory, and safe workplace for all team members. To that end, we are committed to actively foster a culture where every team member feels valued, listened to, and appreciated. We are committed to being fair and impartial in our decisions.As an Equal Opportunity Employer, employment decisions are made without regard to race, color, religion, national origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. If you are a qualified individual with a disability, including disabled veterans, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting the recruiting department (person or department) atGlobaltalentacquisitions@terex.com.

The Company offers competitive salaries, advancement opportunities, and a full range of benefits, including paid vacation, 401(k), medical, dental, and vision.