Socure - Global Data Cost Analyst
Requirements
• Bachelor’s degree in Finance, Economics, Data Analytics, Business, or related field (Master’s a plus). • 5+ years of experience in data procurement and management, product development, or financial analysis (experience in SaaS or data products preferred). • Experience with cost modeling, margin analysis, or unit economics, ideally in a data or SaaS environment. • Industry experience working with comparable companies providing global identity verification solutions, fraud products and solutions, compliance product solutions and similar risk mitigation solutions. • Strong analytical skills with proficiency in Excel, SQL, and data visualization tools (Tableau, Power BI, Looker). • Familiarity with statistical modeling, elasticity analysis, or pricing optimization techniques. • Ability to synthesize complex data into clear, actionable recommendations. • Strong communication and stakeholder management skills. • What You Get • What You Get • Opportunity to shape the cost, pricing and profitability strategy of a high-growth global company. • Work closely with the Product Team, influencing cost, margin, and pricing decisioning • Competitive compensation package including salary, bonus, and equity options. • Comprehensive benefits [401k, wellness, life/disability coverage, DeskPass, legal] • Flexible/remote work arrangements.
Responsibilities
• Cost Strategy & Modeling • Develop, analyze, and maintain cost and pricing models for subscription, transactional pay-per-use (API), and enterprise licensing data products. • Partner with Product Managers to analyze, recommend, and test tiered, volume-based, and bundled margin and pricing structures. • Support monthly, quarterly, and annual cost and price reviews and recommend adjustments based on market data and company strategy. • Support a growing international product company that relies on global data, with the need to manage cost and pricing in USD, and derisk currency fluctuations. • Cost & Margin Analysis • Evaluate data acquisition and licensing costs across vendors and data sources. • Model and monitor gross margins for data products to ensure profitability targets are met. • Provide Product, Finance and Revenue Leadership with visibility into cost drivers and margin sensitivity under different pricing scenarios. • Arm teams with cost and margin requirements to negotiate with vendors • Data Analysis & Insights • Analyze vendor and internal data usage patterns against spend and revenue to develop return-on-investment recommendations and decisions. • Benchmark competitive product pricing and margins through market research to ensure competitive positioning. • Monitor cost, margin, and pricing performance against KPIs (revenue, ARPU, conversion rates, and margins). • Cross-Functional Collaboration • Sit within the Product Team and align cost, margin, and pricing strategy with product roadmaps and launches. • Partner with Revenue and Customer Success to understand customer feedback on pricing and competitive pricing positioning • Collaborate with Finance to support forecasting, scenario modeling, and revenue planning. • Governance & Compliance • Maintain data cost information with global data vendors, some are annual costs and some are monthly dynamic, to ensure all cost inputs are accurate and current. • Ensure transparency and compliance with contractual and regulatory requirements.
Benefits
• $160K – $190K • Offers Equity • Offers Bonus • This is a base salary range for this job based on the job requirements. • Base pay is only one component of Socure's compensation and our total rewards package includes equity, benefits, and an annual bonus or a commission plan. • annual bonus • commission plan. • Upload your resume here to autofill key application fields. • Drop your resume here! • Parsing your resume. Autofilling key fields... • or drag and drop here • Mark No: Candidates currently on F1, OPT, H1, or other visas who will require sponsorship in the future. • When you developed and/or optimized cost and pricing operations for data acquisition? • Unfortunately we are unable to hire employees living in these states. • Socure's Recruiting Privacy Policy • We like to get together in person when possible! Eligible Hub Locations: • San Francisco, CA • Decline to self-identify • Hispanic or Latino - A person of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin regardless of race. • Hispanic or Latino • White (Not Hispanic or Latino) - A person having origins in any of the original peoples of Europe, the Middle East, or North Africa. • White • Black or African American (Not Hispanic or Latino) - A person having origins in any of the black racial groups of Africa. • Black or African American • Native Hawaiian or Other Pacific Islander (Not Hispanic or Latino) - A person having origins in any of the peoples of Hawaii, Guam, Samoa, or other Pacific Islands. • Native Hawaiian or Other Pacific Islander • Asian (Not Hispanic or Latino) - A person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian Subcontinent, including, for example, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand, and Vietnam. • Asian • American Indian or Alaska Native (Not Hispanic or Latino) - A person having origins in any of the original peoples of North and South America (including Central America), and who maintain tribal affiliation or community attachment. • American Indian or Alaska Native • Two or More Races (Not Hispanic or Latino) - All persons who identify with more than one of the above five races. • Two or More Races • Hispanic or Latino • White (Not Hispanic or Latino) • Black or African American (Not Hispanic or Latino) • Native Hawaiian or Other Pacific Islander (Not Hispanic or Latino) • Asian (Not Hispanic or Latino) • American Indian or Alaska Native (Not Hispanic or Latino) • Two or More Races (Not Hispanic or Latino) • I identify as one or more of the classifications of protected veteran listed above • I am not a protected veteran
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