Pricing Analyst

Standard IronMonticello, MN
Hybrid

About The Position

Following the acquisition, our company has doubled its customer base, necessitating a strengthening of our Pricing Team to maintain profitability and meet demand. We are seeking an experienced Pricing Analyst to lead key strategic projects and ensure accurate, competitive, and profitable pricing. The Pricing Analyst will play a crucial role in analyzing material costs, driving project-based pricing, and managing surcharge/tariff-related adjustments. This role requires a proactive individual who can handle increased, fast-paced workloads and provide immediate support to cross functional teams.

Requirements

  • 3–5+ years in a pricing or estimating role, preferably within a manufacturing environment.
  • Strong knowledge of ERP systems and advanced proficiency in MS Excel (modeling, analysis).
  • Proven experience in determining manufactured part costs, BOM (Bill of Materials) analysis, and manufacturing labor/material costing.
  • Proven ability to manage multiple, high-priority projects simultaneously.
  • Highly detailed, analytical, and capable of working independently.

Nice To Haves

  • Prior experience with surcharge/tariff management or re-pricing strategies is highly desirable.

Responsibilities

  • Assist with major, ongoing projects, specifically Quarterly Material Adjustments, the Re-pricing of Low Margin Parts and Surcharge/Tariff Management initiatives to protect and enhance profitability.
  • Conduct thorough, timely analysis of material costs for new products to ensure accurate initial pricing and subsequent material adjustments.
  • Serve as a reliable, expert backup for New Part Setup and Revision Changes in our ERP systems.
  • Analyze product cost, customer, and market data to identify trends, mitigate price erosion, and identify margin opportunities.
  • Partner with Sales, Purchasing, Operations, and Engineering teams to align pricing strategies with production capabilities and market demands.
  • Ensure accuracy of pricing within the ERP system.
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