Pricing Analyst II

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

Benefits offered by this job

401(k) match

Stock contribution

Tuition reimbursement

Paid holidays

Job summary

Woodward is seeking a Pricing Analyst II to conduct in-depth pricing analysis, build models, and collaborate with cross-functional teams to optimize price realization and profitability. The role emphasizes strong Excel, Power BI, and pricing experience within a manufacturing context.

The position offers a hybrid onsite model with comprehensive benefits, including annual bonus eligibility, 401(k) match, stock contributions, and tuition reimbursement.

Qualifications

• Experience in pricing analysis within manufacturing or similar industries.
• Strong financial and quantitative analysis capabilities.
• Proficiency with data visualization to communicate pricing insights.
• Ability to conduct market research and identify pricing opportunities.
• Experience implementing pricing strategies to maximize revenue.

Responsibilities

• Conduct in-depth pricing analysis and identify optimization opportunities.
• Monitor key pricing KPIs and adjust strategies as needed.
• Execute day-to-day pricing processes and support price realization.
• Collaborate with sales, marketing, product management, finance, operations, supply chain, and engineering.
• Develop pricing models, templates, and dashboards based on market conditions.
• Analyze cost changes, margins, and price variances to inform decisions.
• Support quote, bid, and customer-specific pricing requests and approvals.
• Work with sales teams on deal pricing and profitability targets.
• Identify pricing exceptions and governance processes.
• Prepare pricing reports for leadership and document pricing policies.

Skills

Manufacturing pricing

Financial analysis

Quantitative analysis

Market research

Pricing strategy

Data visualization

Communication

Collaboration

Project management

Attention to detail

Business acumen

Tools

Power BI

Excel

SAP/S4HANA

Job description

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Woodward supports our members' wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

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

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

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.

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.

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