Eaton Corporation Senior Pricing Analyst in Eden Prairie, Minnesota
Eaton Hydraulics has an opening for a Senior Price Analyst located in Eden Prairie, MN.
The Senior Price Analyst is responsible for performing strategic product pricing analysis for various customer categories, including aftermarket, OEM, and distribution. This position is also responsible for performing analysis and reporting related to sales and pricing tracking, profitability/growth analysis, any program / administrative reporting, and any other related product ad hoc reports. The pricing analytics and reporting will provide meaningful input to pricing and product leaders to facilitate sales growth and increased profitability.
Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each and every day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours.
In this function you will:
Provide product price research, examination and program development for short-term and long-term price management strategies in support of sales and profit goals.
Contribute to all aspects of customer bids/RFPs by performing strategic pricing analysis and overall profitability analysis of the business opportunity for all customer segments.
Develop complex price quotations (beyond established guidelines) and/or price discount programs by performing analysis of cost information, competitive pricing and profitability. Consults with Sales, Customer Service, Product Management, plant personnel and external customers when needed.
Support and contribute to various sales and marketing strategies involving new product pricing, price modifications to existing products, and implementation of new price programs and new business practices
Responsible for performing ad hoc margin and sales analysis to support various business needs and strategies. Analyzes average gross selling price by product for the forecasting process .
Plan and execute list and net prices, including goal setting, timeline management and stakeholder communications. Creates monthly financial forecasts of the impact of pricing actions and communicates forecast to upper management.
Manage continuous improvement initiatives providing process documentation, cross functional team participation and coordination of information technology system updates and conversions.
Bachelor’s degree from an accredited institution is required.
Minimum of 3 years of pricing and/or business analytical experience required.
Ability to work in the United States without company sponsorship..
No relocation benefit is being offered for this position. Only candidates within a 50 mile radius of Eden Prairie, MN will be considered. Active Duty Military Service member candidates are exempt from the geographical area limitation.
Master’s degree in economics or business administration from an accredited institute
Preferred three (3) to five (5) years of pricing and/or business analytical and/or financial analyst experience
Experience using Big Data Tools (Power BI) is a plus
Ability to manage multiple projects that involve communication and reporting to multiple groups.
Ability to facilitate meetings and negotiate solutions with individuals that may have differing goals and strong opinions.
Hydraulics business knowledge to understand costing, customer value analysis and in-depth knowledge of ERPs and Siebel applications.
Key Competencies: Mathematical Aptitude, Financial and Business Acumen, Problem Solving, Self-Management, Teamwork, Interpersonal Communications, Overall Analytical Skills, Intellectual Rigor, Initiative, Market & Customer Knowledge
We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters.
We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters.
Region: North America – US/Puerto Rico
Organization: HYD Hydraulics Group
Job Level: Individual Contributor
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: No
Travel: Yes, 10 % of the Time
Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.