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Pricing Analyst

Company: IMMI
Location: Westfield
Posted on: September 22, 2022

Job Description:

The Pricing Analyst position is responsible to provide analytical support on the day-to-day pricing of opportunities as well the development of pricing models and plants that support ad hoc and annual price adjustments. This position will collaborate closely with product marketing, finance and sales to optimize profitability through pricing strategies, segmentation, and management. IMMI® is the trusted, global leader of safety solutions, helping to protect millions of lives every day. For almost sixty years, IMMI has led the way in developing, designing, testing and manufacturing innovative safety restraints and systems. IMMI's safety products are found worldwide on car seats, heavy trucks, school buses, recreational/off road, military, fire/EMS, motor coach, and construction vehicles. Privately owned, headquartered in Westfield, Indiana and operating eight additional global facilities, IMMI is also home to IMMI VIP steering wheels and CAPE®, the world's leading state-of-the-art testing facility. *LOCATION: * Onsite- Westfield, IN
*RESPONSIBLITIES: ** Develop and manage pricing models including but not limited to the Fortier pricing model (item velocity, customer size, margin, etc---) to analyze current and future business.
* Work with Finance in understanding and applying cost inputs (commodity, labor, freight and inflation) to pricing models
* Research and maintain a database on competitor benchmarking
* Responsible for providing pricing analytical support for IMMI's quote development process
* Develop and maintain a quote database that tracks price, cost at time of quote and margins and allows for on-going analysis
* Support business case development for lap exists for new products
* Review proposed commercial RMA / LTAs and provide feedback to sales and product marketing
* Track RMA / LTA pricing adjustments
* Develop and manage margin reports/dashboards
* Provide visibility and analysis monthly on volume and price variances to plan
* Support the annual price plan analysis and collaborate with Finance and Sales to finalize plan
*QUALIFICATIONS: ** Excellent analytical skills
* Excellent written and verbal communication skills
* Bachelor's degree in a related field with 5+ years of relevant experience
* High degree of computer aptitude (preferably in Oracle, Excel, PowerBI, Oracle reporting solutions
* Solid understanding of manufacturing processes is preferred.
* Successful record of team collaboration and fostering a culture of client-oriented service
* Cross department relationship and communication skills are essential
* Experience in multitasking and performing a gatekeeper function across numerous interfaces
* Must comply with legal and corporate responsibilities
*BENEFITS: ** Healthcare, vision, dental options
* Company paid Short and Long Term Disability
* Ten (10) paid holidays
* Paid Time Off
* 401k with company match
* Two (2) IMMI Serves volunteer days per year. Job Type: Full-time Pay: $60,000.00 - $90,000.00 per year Benefits:
* 401(k)
* 401(k) matching
* Dental insurance
* Employee assistance program
* Flexible spending account
* Health insurance
* Health savings account
* Paid time off
* Parental leave
* Referral program
* Relocation assistance
* Retirement plan
* Tuition reimbursement
* Vision insurance
* 8 hour shift
* Monday to Friday Experience:
* Pricing: 1 year (Preferred) Work Location: One location

Keywords: IMMI, Fishers , Pricing Analyst, Professions , Westfield, Indiana

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