What are the responsibilities and job description for the Analyst, Pricing position at StandardAero?
Pricing Analyst - Components & Accessories
Cincinnati, Ohio
Build an Aviation Career You're Proud Of
At StandardAero, we use our ingenuity and know-how to find solutions for the simple to the most complex challenges in aviation. Together, we get the job done and done well. Our stability, resources, and respectful culture supports you in building a solid career with a great team you can count on day in and day out for the long term.
StandardAero Components & Accessories ("SACS") sector is an almost $500M annual revenue business, focused on the Maintenance, Repair, and Overhaul ("MRO") of commercial and military engine components and accessories.
As a Pricing Analyst, you'll be responsible for determining the appropriate pricing for company products based on a variety of factors. Duties include conducting market research to learn more about competitor pricing for similar items, reviewing previous sales data and company revenue needs and deciding a market price for a range of products based on findings. Other duties include maintaining price lists, contributing content for sales proposals, reviewing price quotes, generating pricing reports on sales revenue and preparing revenue forecasts and budgets.
The successful candidate will possess a high degree of commercial and financial acumen, an entrepreneurial spirit, a collaborative working style, a strong bias for action and a solid background with demonstrated results in operational excellence.
The position reports to the SACS Senior Pricing Manager.
What you'll do:
- Maintain general and customer pricing catalogs with a high degree of accuracy.
- Resolve daily pricing inquiries from multiple functional internal groups and external customers.
- Partner with IT to drive process improvements to automation of quoting system.
- Preparation and execution of annual pricing adjustments.
- Perform margin analysis on existing work.
- Support bidding activity on new opportunities by developing pricing and tracking win/loss rates.
- Participate in cross-functional team to address profitability evaluations of capabilities.
- Interact with and advise various functional groups and remote locations.
- Other duties/projects as assigned.
Position Requirements:
- Bachelor's degree or higher in analytics, economics, business, mathematics, engineering, or a closely related discipline.
- 1-2 years' experience in Data Analysis, Finance, or Business Development roles.
- Strong attention to detail with interest in process improvement.
- Ability to work independently - multitasking and prioritizing responsibilities in order to meet deadlines.
- Data driven.
- Strong communication and analytical skills.
- Proficiency in MS Office with a strong understanding of Excel.
Benefits that make life better:
- Comprehensive Healthcare
- 401(k) with 100% company match; up to 5% vested
- Paid Time Off starting on day one
- Bonus opportunities
- Health- & Dependent Care Flexible Spending Accounts
- Short- & Long-Term Disability
- Life & AD&D Insurance
- Learning & Training opportunities
About Us
Raising the Standard of Excellence since 1911
With over a century of proven excellence, StandardAero has become an industry leader in MRO services and customized solutions in the aerospace field. Our shared values and learning-based culture inspire our team to exceed their potential and power our customers' missions worldwide. With on-the-job training, advancement opportunities, and excellent benefits, StandardAero invites you to experience a fulfilling and meaningful career with us.
Inclusivity Is Our Standard
It is StandardAero's policy to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information. Our supportive environment celebrates diversity with no room for harassment or discrimination of any kind. We invite you to bring your authentic self to our team and experience our welcoming culture.
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About the Company:
StandardAero
