Pricing Analyst II

11 & A1 Woodward HRT, Inc.; Niles (IL); Hybrid; USD 72,000 - 115,000; Full time

Benefits offered by this job

401(k) match

Annual stock contribution

Tuition reimbursement

Job summary

Woodward in Illinois seeks a Pricing Analyst II to conduct in-depth pricing analyses and optimize pricing strategies to improve revenue and profitability. You will work with sales, finance, operations, and engineering to develop pricing plans and maintain robust pricing models.

The role involves building dashboards in Power BI, analyzing cost and margin data, and supporting various pricing activities from quotes to annual price updates. Onsite and remote hybrid work arrangements apply.

Qualifications

• 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.

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 for 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 to develop pricing plans and promotions that support business objectives.
• Develop, refine, build, and maintain pricing models, templates, and dashboards based on 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, and annual price increases.
• Partner with sales on deal pricing, margin targets, and approval workflows; review contracts and terms for profitability.

Skills

Manufacturing pricing experience

Financial analysis

Quantitative analysis

Market research

Pricing strategy

Data analysis and visualization

Communication skills

Collaboration

Project management

Attention to detail

Business acumen

Tools

Power BI

Excel

SAP/S/4HANA

Job description

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

All Levels are eligible for the benefits below:

• All members included in annual cash bonus opportunity.
• 401(k) match (4.5%)
• Annual Woodward stock contribution (5%)
• Tuition reimbursement and Training/Professional Development opportunities for all members
• 12 paid holidays, including floating holidays
• Industry leading medical, dental, and vision Insurance upon date of hire
• Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave
• Paid parental leave
• Adoption Assistance
• Employee Assistance Program, including mental health benefits
• Member Life & AD&D / Long Term Disability / Member Optional Life Member referral bonus
• Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending Voluntary benefits, including: Home / Auto Insurance discounts Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

Pricing Analyst II Estimated annual base pay: $72,000(minimum) - $93,000(midpoint) - $115,000(maximum)

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

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

This information is provided in compliance with the Colorado Equal Pay for Equal Work Act and is the company’s good faith and reasonable estimate of the compensation range and benefits offered for this position. The compensation offered to the successful applicant may vary based on factors including experience, skills, education, location, and other job-related reasons.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). All applicants must be U.S. Persons within the meaning of the ITAR and EAR, or eligible to obtain all required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee, or refugee).

Woodward is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, protected veteran status, or any other category protected under federal, state, or local laws.

What does it mean to be part of Woodward? It means contributing to what matters most in your career, in your community and around the world. It means being a part of rewarding experiences, where innovation, collaboration and problem-solving are at the heart of what we do.

Woodward is the global leader in the design, manufacturing, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Together with our customers, we are enabling the path to a cleaner, decarbonized world. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments.

At Woodward we have created a culture that appreciates and values the contributions of every member. We are a global team of curious, innovative problem-solvers who commit our knowledge, resources and technical expertise to the challenges associated with reducing emissions, enabling alternative energy sources and increasing efficiency, always innovating for a better future.

Woodward is working with our customers to solve some of the world’s biggest energy challenges. This important work needs more than just the brightest technical minds. It requires talented and committed manufacturing professionals, accountants, supply chain managers, human resources experts, information technology specialists and many more. We are looking for dedicated people who want to learn and grow in a supportive environment that fosters collaboration, innovation and inclusion.