Pricing Analyst II: Data-Driven Revenue Optimization

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

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.