Woodward, Inc

Pricing Analyst II

Woodward, Inc • $72K — $115K *
Rockford, IL 61107In-Person
Manufacturing & Automotive
Less than 5 years of experience
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in pricing analysis or revenue management focused on manufacturing.
  • Proficient in Excel, including advanced features for data analysis and reporting.
  • Familiarity with Power BI or similar data visualization tools for presenting findings.
  • Background in using SAP or S/4HANA related to pricing and finance data.
  • Strong analytical and financial skills to interpret large data sets and derive actionable insights.
  • Effective communicator, capable of translating complex data to diverse audiences.
  • Established track record of collaborating with cross-functional teams.

Responsibilities

  • Conduct thorough pricing analysis to optimize financial outcomes and propose enhancements.
  • Monitor pricing performance metrics and suggest adjustments for ongoing success.
  • Manage daily pricing processes and execute strategies to boost revenue and customer satisfaction.
  • Work with various departments to formulate pricing strategies that align with business goals.
  • Create and maintain pricing models and dashboards reflecting market conditions.
  • Evaluate cost fluctuations and their impact on pricing and profitability.
  • Assist in diverse pricing tasks like customer-specific offers and annual price amendments.

Benefits

  • Flexible working arrangement with on-site and remote work days.
  • Opportunity to work collaboratively with various departments, enhancing teamwork skills.
  • Exposure to advanced analytical tools and techniques in pricing strategy implementation.
Full Job Description
Pricing Analyst II

Key Responsibilities:
  • Conduct in-depth pricing analysis and identify opportunities for optimization, with recommendations to improve price realization and financial results.
  • Monitor and report on key performance metrics related to pricing, and recommend adjustments as needed to ensure continued success.
  • Execute day-to-day standard pricing processes and implement pricing strategies and tactics that maximize revenue and profitability while ensuring customer satisfaction.
  • Collaborate with cross-functional teams, including sales, marketing, product management, finance, operations, supply chain, and engineering, to develop pricing plans and promotions that support business objectives.
  • Develop, refine, build, and maintain pricing models, templates, and dashboards based on business objectives and market conditions.
  • Analyze cost changes, margin impact, price variance, customer profitability, and product margin performance to support pricing decisions.
  • Support quote pricing, bid pricing, customer-specific pricing requests, product launch pricing, annual price increases, and other price adjustment cycles.
  • Partner with sales teams on deal pricing, margin targets, and approval workflows, and review customer contracts and pricing terms to ensure alignment with company policy and profitability goals.
  • Identify pricing exceptions, pricing errors, and leakage, and support pricing approvals and governance processes.
  • Prepare pricing reports and presentations for leadership, help improve pricing process efficiency and data accuracy, and document pricing policies, procedures, and controls.


Key Skills:
  • Manufacturing pricing experience
  • Financial analysis skills: Ability to perform detailed financial analysis and modeling, including using financial software and tools.
  • Quantitative analysis: Strong analytical skills and ability to work with large datasets to develop insights and recommendations.
  • Market research and analysis: Ability to conduct market research, analyze trends and data, and identify new pricing opportunities.
  • Pricing strategy implementation : Ability to implement pricing strategies that maximize revenue and profitability.
  • Data analysis and visualization: Ability to use data analysis tools and techniques to visualize and communicate pricing insights and recommendations.
  • Communication skills: Ability to communicate complex pricing information clearly and effectively to both technical and non-technical audiences.
  • Collaborative skills: Ability to work effectively with cross-functional teams and build strong relationships with internal and external stakeholders.
  • Project management: Ability to manage multiple tasks and priorities, met deadlines and work independently.
  • Attention to detail: Strong attention to detail and ability to identify errors and discrepancies in financial and pricing data.
  • Business acumen: Knowledge of the company's business and industry, including the ability to understand market trends and competitive dynamics.


Successful Candidates Typically Have:
  • Experience in manufacturing pricing, pricing analysis, or revenue management
  • Strong Excel skills, including data analysis, formulas, pivot tables, and reporting
  • Experience with Power BI or other data visualization tools
  • Exposure to SAP or S/4HANA, especially for pricing, finance, or order data
  • Ability to analyze large data sets and turn findings into clear recommendations
  • Strong financial and quantitative analysis skills
  • Experience working with cross-functional teams such as sales, finance, marketing, or product management
  • Good communication skills for explaining pricing insights to both technical and non-technical audiences
  • Strong attention to detail and ability to spot errors in pricing or financial data
  • Ability to manage multiple priorities and meet deadlines independently


This position is onsite Monday, Wednesday, Thursday and remote Tuesday and Friday.

Application window is anticipated to close 14 days from original posting date.

About Woodward, Inc

Woodward, Inc. is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. The company's innovative fluid, combustion, electrical, and motion control systems help customers offer cleaner, more reliable, and more efficient equipment. Woodward is headquartered in Fort Collins, Colorado, USA, and serves customers worldwide.
Learn more about Woodward, Inc
Size
7,200 employees
Market Cap
$5.6 billion
Industry
Aerospace & Defense
Net Income
$228.5 million
Founded
1870
5 Year Trend
+2.6%
Revenue
$2.3 billion
NASDAQ
WWD
* Ladders Estimates

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