Strategic Pricing Analyst
Assist with thedevelopment of financial models and tools as well as provide analysis andpricing of healthcare software products, consulting services and operational
Software as a Service (SaaS) solutions for the healthcare industry. This role will heavily interact with businessunit operations, product management, finance, accounting and sales teams to createtools that provide appropriate and accurate pricing in support of thebusiness. In addition to building toolsthat model the drivers of operational expense, this role will develop pro formaforecasts of performance and provide consulting to optimize profitability andROI.
Determinedrivers of expense/revenue as well as unit costs and using this information,construct tools that model business operations and project revenue.
Developnew and refine existing tools to improve Pricing Team operational efficiencyand effectiveness.
Workvarious business units and product management teams in the commercialization ofnew products and services in the development of supporting pricing tools and/ormodels.
Comfortablewith ambiguity and must be able to create complex models from scratch as wellas integrate new products/services into existing tools without breaking currentfunctionality or performance.
Buildintegrity mechanisms into tools that ensure compliance with GAAP rules,discount ceilings and minimum thresholds of margin performance.
ConstructPowerPoint presentations that summarize proposed model solution and obtainbuy-in approval from business unit constituents.
Aspart of the training protocol, must be comfortable with:
Preparingprice quotes and managing the financial profile of complex deals.
Preparing,seeking approvals for, and presenting price quotes for new offerings that arenot perfectly defined.
Developingpro forma profitability forecasts for complex sales deals.
Developingand designing plans and strategies to support the sales organization.
Partneringwith others on process improvement projects.
Bachelor'sdegree in Finance, Economics, Statistics, Mathematics or a related discipline.
Minimumof five years related experience; seven or more years preferred.
Strongbusiness acumen and foundational knowledge of finance and accountingprinciples.
Advancedanalytical and mathematical skills.
Advancedproficiency in Microsoft Excelthat includes building macros, pivot tables, complex lookup functions,regression analyses, and conditional logic nested IF statements.
VisualBasic and database programming skills preferred, but not required.
Knowledgeof the payer side of the healthcare industry preferred.
Knowledgeof software principles and IT hardware as well as staff augmentation orbusiness process outsourcing preferred.
Advancedwritten and verbal communication skills.
Advancedorganizational and comprehension skills.
Cognizant Technology Solutions