Pricing Analyst at Magnetic Inspection Laboratory Inc

Elk Grove Village, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Jan, 26

Salary

0.0

Posted On

21 Oct, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Detail-Oriented, Communication, Interpersonal Skills, Analytical Skills, Problem-Solving, Data Analysis, Attention To Detail, Organizational Skills, Technical Acumen, Microsoft Office, Excel, Curiosity, Creativity, Collaboration, Operational Expertise, Quantitative Expertise

Industry

Defense and Space Manufacturing

Description

Description At MIL, we make the complex simple; we bring together the brightest minds and subject matter experts to process precision parts that become components on space, aircraft, and defense systems. The reliability of what we do and how we do it, makes the difference in the lives of those who use these systems. What sets us apart? Our people and our relentless dedication to helping our customers. We are the special processor of choice for missions to the skies, Mars, and beyond. Our core values guide everything we do: Passionate - We believe in what we are doing and the difference we make; Our quality is our passion. Collaborative - Treat each other with respect as professionals; We win or lose as a team; Collaboration multiplies our contributions. Can-Do - Great isn't good enough; No excuses given or taken; Eagerly willing to accept and meet challenges. Own Results - Overcome obstacles, find solutions, and deliver exceptional results; Honor our commitments. Quality Driven - Do the right thing; We are honest, transparent, and committed to doing what's best for our customers. Position Overview: The Pricing Analyst is responsible for determining the appropriate pricing for company products based on a variety of factors. Their duties include reviewing previous sales data and company revenue needs and deciding a market price for a range of products based on their findings. Essential Job Responsibilities: Ensure MIL invoices appropriately for its work, by analyzing time, labor and material spent on work for its customers. Ensure MIL invoices match customers' PO as well MIL processes performed as appropriate. Review historical customer quotes and send to estimating team to update as appropriate. Analyze invoicing issues and gaps for patterns and underlying issues. Propose solutions to improve a streamlined process. Work with Customer Account Managers to obtain revised POs as necessary. Collaborate with the estimating team to improve consistency in pricing strategies. Provide cross-functional support across inside sales and estimating as needed. Requirements Knowledge, Skills, and Abilities: A detail-oriented, self-starting individual with excellent communication and interpersonal skills. Comfortable working in multiple ERP/Data systems and with large data sets. Strong analytical and problem-solving skills Ability to learn quickly, see patterns, and routinely resolve inconsistencies. Excellent attention to detail, ability to organize information and maintain focus on detailed tasks for extended periods of time. Quantitative and operational expertise (analysis, modeling, policy, methodology, reporting) He/she will be a curious and creative individual able to quickly understand the complexities of the company’s products. Well-rounded business professional with technical acumen and a passion for thinking through pricing issues using data-driven analysis. Microsoft Office expertise, especially in Excel Minimum Job Requirements: 1+ years' experience in an estimating, pricing position, preferably in a manufacturing or industrial setting. Must have a Bachelor’s degree in a finance related field. Demonstrated competence in high-throughput/high-impact environments. PC proficient with a comprehensive understanding of Microsoft Office applications. Bilingual in Spanish/English is a plus. • Individual must be authorized to work in the U.S. • This position requires access to ITAR-controlled information and materials. The successful candidate must meet all ITAR eligibility requirements, including being a U.S. person as defined by ITAR. Reports: The Pricing Analyst reports to the Customer Success Relationship Supervisor. Hours: Start times may vary depending on position and department; must be flexible to work overtime and additional hours as needed to support the department in times of increased demand. Full-Time MIL employee benefits include: Annual performance and compensation review, with the potential to earn up to two annual bonuses. MIL Inc. 401(k) plan with employer matching and profit sharing. Premium health insurance as well as supplemental vision and dental insurance plans. Company paid and supplemental life insurance and AD&D. Company paid holidays and personal paid time-off accrual. Please do not hesitate to ask for additional details on any of our benefits & policies.

Responsibilities

The Pricing Analyst is responsible for determining appropriate pricing for company products by analyzing various factors, including previous sales data and company revenue needs. They will ensure accurate invoicing and collaborate with teams to improve pricing strategies.