Pricing Analyst I

Ontic
Chatsworth, CA Full Time
POSTED ON 6/30/2024 CLOSED ON 7/28/2024

What are the responsibilities and job description for the Pricing Analyst I position at Ontic?

We are a fast-paced business with ambitious growth plans; so if you are dedicated, enthusiastic and always seeking ways to improve, you'll enjoy a career with us!

Ontic is a leading global aerospace OEM trusted by the world’s aviation leaders. Ontic’s Chatsworth, CA, site specializes in precision engineering, MRO, and new solutions for parts at risk of obsolescence. With over 1,300 employees across four time zones and seven sites, we have more than doubled in size since 2019 and are continuing to grow at pace.

Our team is looking for a Pricing Analyst to join them. You will report to the Pricing Manager and will have an Onsite work structure in Chatsworth,CA.

To be considered for the Pricing Analyst opening, here’s what you’ll need to bring with you:

  • Bachelor's degree in Business/Finance, Economics or Analytical field preferred.
  • 1 years of analyst experience in Pricing, Estimating, Purchasing, or Finance in an Aerospace or Manufacturing environment.
  • Knowledge of US Government regulations concerning cost estimating and negotiation (FAR 12 & 15) is preferred.
  • Ability to work with Excel (model building, sumifs, sumproduct, index/match, pivot tables)
  • Basic skills in Power BI or Tableau (or other Business Intelligence software).

As a Pricing Analyst, you will:

  • Provide timely and accurate strategic pricing in accordance with business objectives.
  • Analyze cost data, past selling price trends, open market availability and market needs to establish profitable fair market price for our products.
  • Develop knowledge of aerospace aftermarket business, including brokers, repair stations, operators, and distributors.
  • Develop consistent pricing philosophy/strategies.
  • Utilize and develop pricing tools and procedures.
  • Work closely with estimating, engineering, customer service & sales for the various business units. The analyst will act as a key partner in communicating pricing performance and aiding in critical decision-making activity.
  • Support generating and analyzing of key metrics on quotation conversion, competitor pricing, and other measures of effectiveness.
  • Identify opportunities within team and business for process improvement.
  • Perform ad hoc analysis.

Our Benefits:

  • Comprehensive medical insurance
  • Competitive PTO, holiday pay, and sick leave
  • Company 401K plan with up to 4% matched contribution
  • Annual bonus program (varies by level and discretionary based on company and individual performance)
  • Flexible working arrangements
  • Paid volunteering opportunities
  • Access to mental health champions across our sites
  • Commitment to development
  • Employee referral program

Salary Range:

  • $68,000- $78,000/year, based on experience

This position requires access to U.S. export-controlled information.

EOE/AA Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran

Ontic is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

This position requires use of information, which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of the ITAR. The ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. ‘Green Card Holder’), Political Asylee, or Refugee.

Compensation Pay Range

$65k-$75k

Please click here to review Ontic's California Consumer Privacy Act policy.

Ontic Engineering and Manufacturing Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran

Status, or any other characteristic protected by applicable federal, state, or local law.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of the ITAR. The ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

Salary : $65,000 - $75,000

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