Pricing Analyst II

Woodward, Inc.•Niles, IL

15d•$72,000 - $115,000•Hybrid

About The Position

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. Estimated annual base pay: $72,000(minimum) - $93,000(midpoint) - $115,000(maximum) 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 What does it mean to be part of Woodward? It means contributing to what matters most in your career, in your community and around the world. It means being a part of rewarding experiences, where innovation, collaboration and problem-solving are at the heart of what we do. Explore our open positions and apply today. Woodward is the global leader in the design, manufacturing, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Together with our customers, we are enabling the path to a cleaner, decarbonized world. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. At Woodward we have created a culture that appreciates and values the contributions of every member. We are a global team of curious, innovative problem-solvers who commit our knowledge, resources and technical expertise to the challenges associated with reducing emissions, enabling alternative energy sources and increasing efficiency, always innovating for a better future. Woodward is working with our customers to solve some of the world’s biggest energy challenges. This important work needs more than just the brightest technical minds. It requires talented and committed manufacturing professionals, accountants, supply chain managers, human resources experts, information technology specialists and many more. We are looking for dedicated people who want to learn and grow in a supportive environment that fosters collaboration, innovation and inclusion.

Requirements

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, meet 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.
Bachelor’s degree in finance, economics, business or related field
5-7 years of manufacturing experience
Advanced Excel skills
Power BI experience
SAP or S4 experience
Analytical mindset
Ability to work independently with minimal supervision

Responsibilities

Conducting in-depth pricing analysis and identifying opportunities for optimization and making recommendations for improving price realization and financial results.
Monitoring and reporting on key performance metrics related to pricing, and making recommendations for adjustments as needed to ensure continued success.
Execute day-to-day standard pricing processes and implementing pricing strategies and tactics that maximize revenue and profitability while ensuring customer satisfaction.
Collaborating with cross-functional teams, including sales, marketing, and product management, to develop pricing plans and promotions that support business objectives.
Developing and refining pricing models based on business objectives.

Benefits

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