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Use left and right arrow keys to navigate
Estimated Pay $52 per hour
Hours Full-time, Part-time
Location Parsippany, New Jersey

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We estimate that this job pays $52.44 per hour based on our data.

$31.13

$52.44

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About this job

Role Description

POSITION RESPONSIBILITIES

Conduct analyses to inform insights and decisions regarding key species business initiatives

  • Analyze pricing strategies and market dynamics to identify opportunities for revenue optimization
  • Participate in the annual list price renewal process, taking into account product price elasticities, supply & demand dynamics and the competitive environment
  • Support customer contract-shaping clauses to encourage business growth or defending existing market share
  • Design discounting and promotions strategies to optimize customer engagement and increase net revenue
  • Understand key brands to inform annual strategic priorities by brand

Ideate, define and test novel opportunities and approaches to optimize net revenue

  • Partner with relevant teams (Marketing, Sales, Finance), build financial models and scenario analyses to drive key business decisions and forecast growth or to protect current sales
  • Support marketing teams with ad-hoc analyses
  • Provide input to define potential pilots and test to prove concept
  • Monitor sales performance and analyze variances against targets, providing actionable insights to improve profitability

Define, build and evolve analytics and tools to support key NRM objectives and tasks

  • Perform analyses to track, evaluate and report performance both by customer and product, identify areas for improvement
  • Assist in the implementation of revenue management software and tools, ensuring accurate data collection and analysis
  • Identify patterns to seek out potential targeting/growth opportunities in key therapeutic areas at customers
  • Conduct competitive analysis to understand market positioning and recommend pricing adjustments accordingly
  • Understanding goals and capabilities of internal customers and partners (Marketing, Finance & Business Analytics)

Enable and educate stakeholders across organization in Net Revenue Management discipline

  • Identify areas of opportunity across the organization to improve NRM performance
  • Generate reports and dashboards to communicate key performance metrics and insights to stakeholders.
  • Provide feedback to counterparts to increase rigor and compliance with NRM principles
  • Lead and collaborate with learning and development initiatives

EDUCATION AND EXPERIENCE

  • Bachelor's or advanced degree in Finance, Economics, Business Analytics, Math, Engineering, Computer science or equivalent is required
  • Candidates with a Master's degree (e.g., MBA) or advanced certification (e.g., Certified Pricing Professional) are strongly preferred
  • 3-5 years of relevant work experience preferred
  • Experience in Strategic Pricing or Finance preferred

TECHNICAL SKILLS REQUIREMENTS

Required

  • Strong analytical, modeling and quantitative skills; able to manage and drive complex analytics, manipulation of large amounts of data
  • Proficiency with quantitative languages and tools including SQL and another advanced programming language (such as Python, VBA, etc.) and the Microsoft Office suite
  • Ability to work collaboratively with internal teams (e.g. Finance, Marketing, Sales, Pricing Operations etc.)
  • Strategic problem-solving and ability to drive creative solutions in a complex environment
  • Understanding of relevant accounting principles and their implications on Gross to Net calculations and reporting
  • Strong communication and presentation skills; ability to synthesize actionable recommendations

Preferred

  • Ability to simultaneously manage and pivot between multiple projects, pilots and analyses
  • Familiarity with advanced analytics tools such as Power BI or Tableau

PHYSICAL POSITION REQUIREMENTS 00

  • Open to occasional travel
Full timeRegularColleague

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