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Job Title:  Pricing Analyst

Location: 

Montvale, NJ, US, 07645

Business Unit:  Components & Wire
Posting Date:  Nov 16, 2022
Job Description: 

POSITION SUMMARY AND RESPONSIBILITIES

The Pricing Analyst (PA) position has primary responsibility for Coining’s day-to-day quoting activity. The PA will implement the company’s pricing policy to achieve maximum margins as well as increase revenue. The PA will coordinate with the product manager as well as the global sales team in quoting key programs and accounts, as well as prioritize what business is quoted based on stakeholder feedback. Occasionally, it will be necessary to coordinate with production and engineering on how to quote new products. This position is also responsible for the maintenance of databases for Coining’s expanding online-store solution, which will include coordination with the product manager as well as IT. Ultimately, the PA will be responsible for, and compensated for, achieving the company’s overall revenue and profit objectives. As such, the candidate should know at the outset that if successful, the opportunity exists to move to other SMP functional areas such as Supply Chain, Procurement, Operations Supervision, Finance or a larger Commercial role.

  • Manage price and margin metrics of existing business in RFQ/RFP stages.
  • Analyze, gather, cleanse, and validate large data sets for growth, trends, risk, and optimization
  • Drive continuous improvement on internal cost accuracy to ensure standardized reporting.
  • Track monthly price performance metrics vs. target and generate actionable plans
  • Analyze and leverage current market trends, conditions, competitors, and customer pricing targets for opportunities to increase price and maximize profitability
  • Identify opportunities for enhancement, and positively contribute to pricing/costing process improvements
  • Continuously improve key metrics within area of responsibility
  • Must be able to effectively communicate within the organization and with customers
  • Support maintenance activities of the Coining E-Commerce solution through regular updates of databases and pricing algorithms

 

REQUIREMENTS FOR CONSIDERATION

  • BS / BA required with 2-4 years of relevant experience
  • At least 2 years of dedicated experience in Pricing or Cost management - Preferably in the industrial manufacturing industry
  • Preferred experience - Sales Force, Material Resources Planning System 
  • Advanced knowledge of MS Excel
  • Strong attention to detail, strong analytical skills and ability to analyze large data sets
  • Experience generating insights from pricing and sales data including transaction pricing analytics
  • Ability to work in complex teams, collaborate with internal stakeholders to drive continuous improvement
  • Proven ability to adapt and respond effectively in fast paced challenging environment and manage multiple, and oftentimes competing, priorities
  • Good communication skills – both written and verbal – and active listening skills
  • Experience with continuous process improvements a plus
  • Understanding of financial knowledge of P&L, profitability analysis, a plus

 

AMETEK is committed to making a safer, sustainable, and more productive world a reality. We use differentiated technology solutions to solve our customers’ most complex challenges. We employ 18,500 colleagues, in 30 countries, that are grounded by our core values: Ethics and Integrity, Respect for the Individual, Diversity and Inclusion, Teamwork, and Social Responsibility. AMETEK (NYSE:AME) is a component of the S&P 500. Visit www.ametek.com for more information.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Individuals who need a reasonable accommodation because of a disability for any part of the employment process should call 1 (866) 263-8359.


Nearest Major Market: New York City