Pricing Analyst

IDEAL INDUSTRIES, INC; Sterling (MA); Hybrid; USD 76,000 - 103,000; Full time

Benefits offered by this job

Medical, Dental & Vision Insurance

Education Reimbursement

Wellness Programs

401k with Company Match

Cash Balance Pension Plan

Job summary

IDEAL INDUSTRIES, INC. is seeking a Strategic Pricing professional to lead pricing structures and margins across global product lines. The role emphasizes data-driven decisions, collaboration with product management, engineering, and sales, and ongoing optimization of pricing policies.

Remote-friendly with periodic onsite collaboration in Sterling, MA. Responsibilities include market insights, price execution, and lifecycle pricing alignment.

Qualifications

• Bachelor’s degree in finance, economics, business, data analytics, or a related field.
• 5+ years of pricing, product management, or finance experience in manufacturing or distribution.
• Familiarity with global pricing strategies and pricing tools/software.
• Advanced proficiency in Excel, Power BI, Tableau and ERP systems.

Responsibilities

• Develop and recommend price structures, tactics, and product line pricing objectives for new and existing products.
• Leverage segmentation and value-based models to establish competitive, profit-maximizing pricing strategies.
• Create and maintain global price and margin guidelines, including book pricing and distributor pricing.
• Support portfolio-level pricing strategy by identifying margin leakage and whitespace opportunities across product families and channels.

Skills

Pricing strategy

Data analysis

Cross-functional collaboration

Presentation skills

Education

Bachelor’s degree in finance, Economics, Business, Data Analytics, or a related field

Tools

Microsoft Excel

Power BI

Tableau

ERP systems

Job description

ANDERSON POWER PRODUCTS®, a wholly owned subsidiary of IDEAL INDUSTRIES, Inc., is an industry leader in the design and manufacture of electrical power connectors. Anderson Power Products partners with leading edge companies to create innovative connector designs that leverage contact technology and high power expertise to provide superior value to the power electronics industry. Applications include leading edge technology and next generation power requirements in industries such as alternate energy (wind, solar, fuel cell), datacenter and server power supply design and electrical distribution, electric vehicles, LED lighting, and battery charging.This is your chance to join a dynamic company that strives to provide a workplace where employees feel empowered, valued, stimulated, and connected to the business.

Location Note: This position is open to remote candidates; however, periodic onsite presence is required. Candidates must be willing and able to travel to our Sterling, MA office approximately one week per quarter for collaboration, team meetings, and business engagement.

RESPONSIBILITIES:

• Develop and recommend price structures, tactics, and product line pricing objectives for new and existing products.
• Leverage segmentation and value-based models to establish competitive, profit-maximizing pricing strategies.
• Create and maintain global price and margin guidelines, including book pricing, OEM volume break pricing, distributor volume pricing, and pricing bands.
• Support portfolio-level pricing strategy by identifying margin leakage, pricing inconsistencies, and whitespace opportunities across product families and channels.

Strategic Pricing Development:

• Develop and recommend price structures, tactics, and product line pricing objectives for new and existing products.
• Leverage segmentation and value-based models to establish competitive, profit-maximizing pricing strategies.
• Create and maintain global price and margin guidelines, including book pricing, OEM volume break pricing, distributor volume pricing, and pricing bands.
• Support portfolio-level pricing strategy by identifying margin leakage, pricing inconsistencies, and whitespace opportunities across product families and channels.

Market and Competitive Analysis:

• Analyze market insights, competitive benchmarks, and reference valuations to refine pricing strategies and support clear go-to-market recommendations.
• Assess the profitability and commercial impact of channel transactional pricing decisions.
• Monitor and recommend adjustments to discount and column structures to align with market dynamics.

Pricing Execution and Evaluation:

• Evaluate special pricing requests (SPRs) and requests for quotes (RFQs) for profitability and strategic fit.
• Partner with product management to analyze lifecycle adjustments, segmentation, cost inflation, and price changes.
• Conduct margin and pricing analyses to support business unit initiatives and uncover optimization opportunities.
• Operate within defined pricing authority levels, making recommendations and approvals as appropriate, with clear escalation paths to Product Management and executive leadership.

Cross-Functional Collaboration:

• Work closely with product management, engineering, and sales teams to drive shared ownership of pricing excellence.
• Provide guidance and support to operational and agreement pricing teams for global product lines.
• Assist in developing tools and reports to improve pricing decisions and ensure compliance with pricing policies.

Continuous Improvement:

• Recommend and implement bi-annual price book adjustments and run optimization scenarios to refine published pricing.
• Apply continuous improvement principles to streamline pricing processes and financial analysis.
• Collaborate with plant finance and engineering to ensure the accuracy of standard costs.

QUALIFICATIONS:

• Bachelor’s degree in finance, Economics, Business, Data Analytics, or a related field.
• 5+ years of experience in pricing, product management, or finance, preferably in a manufacturing or distribution environment.
• Familiarity with global pricing strategies and advanced pricing tools/software.
• Knowledge of continuous improvement tools and methodologies is a plus.
• Advanced proficiency in Microsoft Excel, Power BI, Tableau and ERP systems.
• Strong analytical skills, with the ability to translate complex data into actionable insights.
• Experience with margin analysis, competitive benchmarking, and value-based pricing.
• Ability to influence and collaborate with cross-functional teams globally.
• Excellent presentation and communication skills for conveying findings to key stakeholders.
• Comfortable operating in a matrixed, global organization with multiple ERPs, regions, and customer segments.

The expected salary for this position is between $76,303.00 and $102,627.00. This range represents a good faith estimate for the position and actual compensation will be based on numerous factors including knowledge, location, skills, training and experience.

Anderson/IDEAL employees enjoy a wide range of valuable benefits including:

• Medical, Dental & Vision Insurance
• Education Reimbursement
• Wellness Programs
• 401k with Company Match
• Cash Balance Pension Plan

Anderson/IDEAL values rest, personal time and community involvement facilitating these through several paid time off programs including:

• Vacation
• Personal Days
• Volunteer Time
• Holidays
• Parental Leave

IDEAL INDUSTRIES, INC. is proud to be named one of America’s Top 100 Most Loved Workplaces by the Wall Street Journal and an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. We know when you honor relationships, success for all will follow. To learn more about us, visit www.andersonpower.com or www.idealindustries.com