Pricing Specialist

About the role

• Job Title: Pricing Specialist
• Department: Business Control
• Reports to: CFO
• Travel: Limited
• Classification: Exempt
• Location: Flexible, Hybrid

Job Summary

The Pricing Specialist will be responsible for product pricing and discount management for GWS's offer - setting and maintaining accurate list prices and managing discount structures - ensuring pricing decisions are consistent, well-controlled, and aligned with market dynamics and business objectives.

Duties/Responsibilities

• Product pricing - identify price drivers, setting, updating, and maintaining list prices in line with strategies defined by the Pricing Manager
• Manage discount structures, including standard discount guidelines, discount approval matrices, and exception handling
• Monitor discount usage and leakage in the markets, identifying trends, outliers, or erosion of price realization, and escalate corrective action to the Pricing Manager or other relevant stakeholders
• Conduct regular price and discount analysis to support decision-making on list price adjustments, and discount guidelines changes
• Support the annual price planning process by preparing pricing and discount data, and analysis
• Conduct market and competitor pricing and discounting analysis to inform pricing decisions
• Support the maintenance and application of pricing and discount policies and cross-functional price-related processes
• Participate in internal and cross-functional initiatives and projects
• Fully engage in Sandvik Safety First Culture. Adopt and apply Sandvik Core Values in all business and personal dealings

Required Skills/Abilities

• Proficient in fundamentals of big data and analytics, strong MS Excel skills required
• Solid understanding of metal cutting products, discount structures, and price-realization concepts
• Good networking and collaboration skills
• Ability to work with a degree of ambiguity and propose sound recommendations
• Self-motivated team player, able to work independently using a proactive approach
• Knowledge of product pricing and profitability principles, with practical understanding of discount management
• Strong problem-solving skills
• Ability to handle confidential financial information appropriately
• Ability to work under pressure and adhere to deadlines

Education and Experience

• University degree level in Economics, Marketing, Business, Engineering, or equivalent qualification
• Full proficiency in English, both written and spoken; knowledge of other languages is an advantage
• Minimum 2-4 years professional experience in Pricing, Product management, Sales, or Finance
• Hands-on experience with product pricing and/or discount management in a non-managerial, individual-contributor role
• No people management experience required

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer.
• Light work that includes moving objects up to 20 pounds at a time.