Job Description
At Bright, we've engineered cutting-edge software for accounting, payroll, tax, and practice management. We've assembled a team of top talent and stand ready to lead the industry with our superior software solutions and unparalleled customer support.
We're brilliant people creating brilliant software! Join us in our mission to create brilliant software that empowers businesses to reach new heights.
The Opportunity
The Pricing Analyst will be responsible for supporting the development and implementation of pricing strategies to maximise profitability and market share for Bright. This role involves analysing market trends, assessing competitor pricing, and performing financial analysis to support business decisions. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to work collaboratively across multiple departments.
Responsibilities
Market Analysis:
Conduct thorough market research to understand industry trends, customer preferences, and competitive pricing.
Monitor and analyse competitors' pricing strategies to identify opportunities and threats.
Pricing Strategy Support:
Assist in developing and implementing pricing models and strategies that align with business objectives and market conditions.
Collaborate with product management, sales, and marketing teams to set optimal prices for new and existing products.
Financial Analysis:
Perform detailed financial analysis to evaluate the impact of pricing decisions on revenue, profitability, and market share.
Create pricing forecasts and financial models to support business planning and decision-making.
Data Management:
Maintain and update pricing databases and systems to ensure accuracy and consistency.
Utilise advanced Excel functions and data analysis tools to interpret large datasets and extract actionable insights.
Reporting and Communication:
Prepare and present regular reports on pricing performance, including key metrics and KPIs.
Communicate pricing strategies and recommendations to senior management and other stakeholders.
Continuous Improvement:
Identify and implement process improvements to enhance pricing efficiency and effectiveness.
Stay updated with industry best practices and emerging trends in pricing and revenue management.
Requirements:
Demonstrated experience in a similar role.
Experience in developing and managing subscription models, ensuring alignment with market trends and customer needs.
Skilled in analysing pricing structures to assess effectiveness, with a demonstrated ability to make data-driven adjustments to enhance profitability and market competitiveness.
Strong analytical and quantitative skills with proficiency in data analysis and financial modelling.
Advanced proficiency in Excel; experience with pricing software and data visualisation tools (e.g., Tableau) is preferred.
Excellent communication skills, with the ability to convey complex information clearly and concisely.
Ability to work independently and collaboratively in a fast-paced environment.
Understanding of pricing strategies, market dynamics, and financial principles.
Familiarity with ERP systems and business intelligence tools.
Benefits:
* Additional leave
* Bike to work scheme
* Company events
* Company pension
* Employee assistance program
* On-site parking
* Private medical insurance
* Work from home
Job Types: Full-time, Permanent
Schedule:
* Monday to Friday
Supplemental Pay:
* Performance bonus