Financial Pricing Analyst

5 days ago


Westfield, United States Top Talent Full time

LOCATION: Onsite- Westfield, IN

RESPONSIBLITIES:

  • Support the Pricing Manager with the pricing segmentation, modeling, and reporting functions
  • Develop, maintain, and communicate a financial pricing model used to understand cost impacts on customers, product families and part numbers.
  • Work with product management, sales, and engineering on constantly reviewing and adding or merging segmentation levels.
  • Develop, maintain, and communicate a pricing model based on customer and product attributes as well as the speed, velocity, volume, and contribution margin.
  • Provide ad hoc cost and price analysis for quotes and other requests.
  • Provide ad hoc sales and margin reports as well as a standard segmentation analysis to support day to day pricing process or lap reviews.
  • Support as need the price and volume variance to the budget on a monthly cadence. Provide analytical support for significant variances.
  • Champion and manage price/cost walks used in customer negotiations.
  • Manage the development and maintenance of PowerBI that track sales and margin by product attributes.
  • Champion quarterly Top 10 Customer Pricing / Cost Reviews
  • Champion the cost, price, quote process (CPQ).
  • Project manage each CPQ that is assigned to you.
  • Schedule and manage pricing meetings at appropriate step in quoting/CR workflow with sales and product management to determine price.
  • Work with operations departments to gather costs inputs for each quote
  • Provide cost and price analysis for quotes based on financial and pricing models.
  • Provide recommendations for adjustments based on segmentation, PPV and other drivers as needed.
  • Attend and provide feedback in quote alignment meetings with plant and executive management when needed.
  • Ensure quote deliverables are met on time.
  • Monitor, Analysis and Escalate Cost Impacts
  • Work with supply chain, finance, and PC&L on pending PPV and as well as significant recently implemented cost increases to determine customer and product impact.
  • Provide monthly margin erosion analysis to sales and product management.
  • Work with finance and sales to track price / cost recovery for RMAs and LTAs
  • Obtain applicable commodity index prices and determine the raw material adjustment amounts for the relevant timeframe.
  • Support as needed the RMA price list accurately reflect the raw material adjustment amounts. Submit the updated price list to the sales and pricing administration teams ahead of time.
  • Track financial cost buckets (frozen/standard vs. current, SCORE/VAVE, PPV, etc…)
  • Develop tools, models and internal relationships for day-to-day cost inputs that reduce the burden on internal teams.

QUALIFICATIONS:

Required skills and qualifications

  • Project coordination or management experience
  • Experience in coordinating teams
  • Proven success in a corporate setting, working with all levels of management
  • Strong written, verbal, and presentation skills
  • Ability to model large data sets
  • Excellent analytical skills
  • Bachelor’s degree in a related field with relevant finance experience

Preferred skills and qualifications

  • Experience working in an Agile environment or on a Scrum team
  • Professional certification such as CAPM (Certified Associate in Project Management) or CSM (Certified Scrum Master)

BENEFITS:

  • Team Member Ownership/ESOP
  • Healthcare, vision, dental options
  • Company paid Short and Long Term Disability
  • Ten (10) paid holidays
  • Onsite Health and Wellness Center
  • Onsite Gym
  • Generous Paid Time Off
  • Bonus Opportunities
  • 401k
  • Tuition Assistance


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