Pricing Specialist
GWS Tool Group
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- Location
- Menomonee Falls, WI
- Work style
- On-site
- Job type
- Full time
- Posted
- Oct 6
- 14 days ago
Career path
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About the company
GWS Tool Group
Machinery · 501 to 1,000 employees
What you'll do
- Set and maintain list prices and discount structures, monitor discount usage, and analyze pricing, discounts, markets, and competitors.
- Support price planning, pricing policies, and cross-functional initiatives.
What you need
- Requires a university degree level qualification in a relevant field or equivalent, at least 2 years of professional experience in Pricing, Product management, Sales, or Finance, and hands-on product pricing or discount management experience.
- Requires full proficiency in English.
- Education: a bachelor's degree
Key skills
MS Excelbig data and analyticsmetal cutting productsdiscount structuresprice-realization conceptsproduct pricingdiscount managementprofitability principlesproblem-solving skillsnetworking and collaboration skills
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Read the full posting here
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.
All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.