ITT Corporation Pricing Analyst in Irvine, California

Job Description:

SUMMARY OF BASIC FUNCTION

The Pricing Analyst will perform quantitative analysis of BOM, cost, bookings/billings, etc. by utilizing complex Excel formulas and Excel Templates. Coordinate with Product Managers to understand their pricing strategies and provide pricing recommendations. Maintain pricing files for their specific product lines and update as needed. Perform various back up duties to Pricing team members and the Pricing Manager.

ESSENTIAL JOB DUTIES

· Review and analyze customer special requirement requests on Request For Quote (RFQ) for quotation closure using established product line pricing rules

· Review and analyze for accuracy of MRP’s bill of material and router used for standard cost; coordinate with Cost Acctg and/or Operations to correct errors

· Establish estimated cost based on BOM from excel configurator or similar to part build up and Costing Template

· Critique book pricing, market pricing, and/or target pricing based on standard/estimated cost for quote closure within margin authority

· Provide pricing, delivery, special charges, and all required information to Contract Analyst for completion of LTAs

· Accountable for meeting deadlines on all LTA and Contract quotes

· Accountable for quote cycle time goal for both primary responsible products and supporting (backup) products

· Responsible for Pricing Group email management and correspondence with customers and sales representatives

· Review current quotation process, create templates to be utilized by Pricing Specialists for quotation closure

· Coordinate with Pricing Specialists to recommend changes and optimization strategies to lean our quotation process & systems

**Develop, critique, and implement price curves ensuring regional pricing rationale and minimization of arbitrage situations

**Participate in, or sometimes manage, multi-functional ad-hoc projects around pricing and product related business needs

AutoReqId:

8721BR

Company:

ITT Cannon

Country:

United States

EEO Statement:

“ITT Inc. is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran or disability status, or any other characteristic protected by law.”

Minimum Education Requirements:

BS/BA Degree or Equivalent

Paid Relocation Available?:

No

Percent of Travel Required:

N/A

Position Title:

Pricing Analyst

Skills and Experience:

QUALIFICATIONS (Education, Experience, Computer, Knowledge, Skills, and Abilities)

· Minimum of three years of experience demonstrating problem solving ability in collaboration with functions such as Marketing, Customer Service, Finance, Engineering, and/or Operations

· Minimum of two years of experience in a direct analytical capacity

· Excellent competency in Excel, capability to build macros is a plus

· Demonstrated understanding of financial review

· Familiarity with MRP and / or computer systems or equivalent

· Bachelor Degree in Business or Finance

Work Location:

CA, Irvine