Pricing Specialist

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.