ITT Inc. · 2 days ago
Pricing Analyst
ITT Inc. is a leading manufacturer of critical components for harsh environments, serving fast-growing end markets. The Pricing Analyst will perform quantitative analysis related to pricing strategies, coordinate with Product Managers, and maintain pricing files for specific product lines.
Information TechnologyManufacturing
Responsibilities
Review and analyze customer special requirement requests on Request For Quote (RFQ) for quotation closure using established product line pricing rules
Review and analyze for accuracy of MRP’s bill of material and router used for standard cost; coordinate with Cost Accounting and/or Operations to correct errors
Establish estimated cost based on BOM from excel configurator or similar to part build up and Costing Template
Critique book pricing, market pricing, and/or target pricing based on standard/estimated cost for quote closure within margin authority
Provide pricing, delivery, special charges, and all required information to Contract Analyst for completion of LTAs
Accountable for quote cycle time goal for both primary responsible products and supporting (backup) products
Responsible for Pricing Group email management and correspondence with customers and sales representatives
Review current quotation process, create templates to be utilized by Pricing Specialists for quotation closure
Coordinate with Pricing Specialists to recommend changes and optimization strategies to lean our quotation process
Develop, critique, and implement price curves ensuring regional pricing rationale and minimization of regional pricing arbitrage situations
Participate in, or sometimes manage, multi-functional ad-hoc projects around pricing and product related business needs
Qualification
Required
Bachelor Degree in Business, Finance or Similar
3 years of experience demonstrating problem solving ability in collaboration with functions such as Marketing, Customer Service, Finance, Engineering, and/or Operations
2 years of experience in a direct analytical capacity
Baseline financial review capability
Competency in Excel (Use of Pivot Tables to clearly state your findings / ability to write Macros is a plus)
Understanding of financial review
Familiarity with MRP and / or computer systems or equivalent
Benefits
Health insurance
401(k)
Short and long-term disability
Paid time off
Growth and developmental opportunities
Other incentive compensation programs
Company
ITT Inc.
At ITT, we have a clear purpose as an organization – to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets.
Funding
Current Stage
Public CompanyTotal Funding
$1.31B2025-12-08Post Ipo Equity· $1.31B
1995-12-19IPO
Leadership Team
Recent News
Company data provided by crunchbase