Pricing Analyst, Senior(Pricing, P&L)
As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you: Are you FIS?
About the role:
Work closely with sales representatives, product solutions consultants, legal, contract administration, business unit owners, billing and finance to generate and prepare pricing proposals for delivery to clients.
About the team:
- We bring together market-leading growth solutions and premiere operational services which primarily serve the investment bank and broker-dealer community with front-to-back best-of-breed solutions.
- Our CM solutions include – TAS, PSG, Lending, Treasury and Risk
- Data processing volumes require more than a billion transactions to be processed on any given product and that requires employing the latest technology stack and best of monitoring tools.
- About 2,500 FIS employees around the globe working with our solutions.
What you will be doing:
- As a Pricing analyst, Senior you must have strong understanding of P&L statement and can prepare and review complex financial models
- Review the various cost models and work with other lines of business to ensure effective and accurate costing methods are applied
- Prepare robust pricing models for various services based on the agreed assumptions with the business/sales
- Prepare and present the financials to the pricing committee for the pricing approval
- Working with functional teams within FIS (Sales, Finance, Delivery, Product, CIO) to gather inputs for new sales opportunities
- Challenge / validate inputs with the team and BU
- Contribute to Deal Review presentations
- Coordinate Pricing Approvals
- Tracking / status communication to all shareholders
- Revenue Recognition review
- Collaborate with sales executives and relationship managers, product managers and senior management to provide pricing information in support of pricing strategies, policies and recommendations.
- Obtain feedback on pricing recommendations from FIS internal clients to create updates to proposals and/or process.
- Ensure corporate and divisional guidelines are in compliance with company standards.
- Prepare and provide pricing proposals for sales executives and relationship managers.
- Recommend pricing adjustments that will support business objectives and plans and will not hinder ability to capture future value.
- Routinely review pricing proposals for quality assurance based on department standards as related to discounts and credits.
- Create and recommend new product pricing enhancements affecting entire client base.
- Act as a liaison with sales and product consultants regarding pricing adjustments.
- Create and maintain price lists.
- Test functionality of pricing generator new releases.
- Assist sales with training development as it relates to sales proposal requests and/or process orientation.
- Other related duties assigned as needed.
What you will need:
- Professional degree in finance or business administration or the equivalent combination of education, training, or work experience.
- 5+ years of demonstrated pricing experience
- Must have a sound understanding of financial KPI’s like Cash flow, NPV
- Should have a good understanding of contract reviews especially financials
- Need to have a sound understanding of the revenue recognition in general
- Financial Modelling, Strong Excel and power point skills
- Strong understanding of FIS business strategy and how products or initiatives contribute to FIS goals
- A sound knowledge of pricing strategy with an emphasis on value based concepts including economic value analysis, role of costs in pricing decisions, segmented pricing approaches, life cycle pricing concepts, best practice negotiation strategies, pricing psychology, price sensitivity factors and measurement techniques, financial analysis including breakeven sales calculations and margin analysis and the role of competition
- General business skills, industry knowledge, financial management and planning skills
What we offer you:
At FIS, you can learn, grow and make an impact in your career.
- Extensive Health Benefits Program along with the Family Protection Plan
- Best-in-class career mobility options across the globe
- Award-winning learning offerings for career development
- Adaptable home - office work model
- Opportunity to work with global teams and clients
Privacy Statement
FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.
Sourcing Model
Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.
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