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Pricing Analyst
Torch Technologies Huntsville, AL
$59k-74k (estimate)
Full Time 1 Month Ago
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Torch Technologies is Hiring a Pricing Analyst Near Huntsville, AL

Thank you for your interest in employment with Torch Technologies. We are a 100% employee-owned, Certified Great Place To Work and named Best Places to Work in Huntsville/Madison County and headquartered in Huntsville, AL with over 1200 employee-owners. Our team provides superior research, development, and engineering services to the Federal Government and Department of Defense. As one of the nation’s top 100 defense companies, the services we provide directly support the men and women who serve our country. Our corporate mission sums up the pride our employee-owners take in the work we do: “Lighting the Pathway of Freedom”. And, as a Certified Evergreen ESOP, we have made the commitment to grow and sustain our company for the next 100 years! Come grow with us!
Job Title
Pricing Analyst
Location
Alabama - Huntsville - Huntsville, AL 35802 US (Primary)
Job Description

The Pricing Analyst will work as part of the Missile Systems Management Branch (MSMB) team to perform a vast array of technical pricing duties and serve as the main pricing point of contact for the HAWK program, to include Ukraine unique efforts; Chaparral, and other non-standard weapon systems, collaborating between internal departments and agency suppliers (DLA), analyzing pricing strategy and comparing requirements, and reviewing procurement actions to meet MSMB objectives. He/She will work with established MSMB pricing databases to analyze and provide technical input to ongoing review of pricing performance against internal strategies and formalized agreements, and provide data-driven recommendations for improvement, margin stability, and growth to A2N. The Pricing Analyst will evaluate price action effectiveness measured in terms of financial goal attainment, provide recommendations for margin improvement by leveraging data, market research, and team feedback. He/She will also analyze data to identify problematic areas and suggest improvements to the A2N program, to include Ukraine specific improvements; and assist in supply chain optimization projects. The Pricing Analyst will also work closely with finance and contracts to assist in developing and implementing price strategies, monitor and analyze the impact of cost movement and price changes for A2N and HAWK, Chaparral, and other non-standard weapon system programs, including Ukraine unique efforts.

Job Requirements

Qualifications:

Bachelor's Degree and 8-10 years of direct pricing experience or Master’s Degree with 6-10 years of prior relevant pricing experience supporting cost proposals, including government, FAR-based proposals.

FMS experience supporting DoD and missile system experience preferred.

Able to work in a team setting and able to ask for help when the need arises.

Excellent oral and written communication skills.

Good working knowledge of Word, Excel, and PowerPoint.

Ability to obtain and maintain DoD Secret clearance.

Ability to manage multiple tasks in a high demand environment.

Duties and responsibilities include:

Provide financial, and logistical support to the IPM in the development, administering, and overseeing of the execution of FMS LOAs within the constraints and guidelines established in the Security Assistance Management Manual (SAMM).

Develop cost narratives in MS Word that explain, define, and quantify the pricing data to be cost reasonable, cost effective, and cost realistic.

Respond to pricing requirements specified by the solicitation.

Provide pricing experience and knowledge during Integrated Product Team (IPT) sessions.

Verify and validate the final pricing product for compliance with all solicitation requirements, and USG policies.

Identify potential financial risks associated with the pricing strategy.

Coordinate pricing actions with industry partners to ensure pricing data is complete and accurate.

Stay up to date on Security Assistance pricing policy and regulations.

Participate in the development of Foreign Military Sales (FMS) Letters of Offer & Acceptance (LOAs), amendments, Pricing and Availability (P&A) documents, and Rough Order of Magnitude (ROM) documents, based upon Letters of Request (LOR) submitted by the Partner Nation.

Assist in preparing material for country briefings as well as preparing reports and memorandums.

Produce information by transcribing, formatting, inputting, editing, retrieving, copying, and transmitting text, data, and graphics.

Research transactions and collect information to assist in various logistical duties to include tracking requirements and equipment, and reporting discrepancies.

Review procurement information and documentation, and determine the status of supply actions.

Provide historical reference by developing, utilizing, and maintaining filing and information database systems.

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access https://torchtechnologies.hua.hrsmart.com/ats as a result of your disability. You can request reasonable accommodations by sending an email to HR@torchtechnologies.com. Thank you for your interest in Torch Technologies.

Job Summary

JOB TYPE

Full Time

SALARY

$59k-74k (estimate)

POST DATE

04/10/2023

EXPIRATION DATE

04/25/2024

WEBSITE

torchtechnologies.com

HEADQUARTERS

COLORADO SPRINGS, CO

SIZE

500 - 1,000

FOUNDED

2002

CEO

DANIEL CHAPARRO

REVENUE

<$5M

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About Torch Technologies

Founded in October 2002, Torch is a 100% employee-owned business headquartered in Huntsville, Alabama. Our commitment to our employees results in a retention rate well over 90% and helps ensure our customers experience a stable work force. Our outstanding fringe benefits package helps recruit, retain and sustain our workforce. Torch has received national and local recognition for its business performance, workplace environment, and ethical business practices. In 2021, Torch was named one of the Best Workplaces in Consulting & Professional Services for the sixth consecutive year by Great Place ...to Work. Torch was also recognized as the 2021 ESOP Company of the Year by the New South Chapter of The ESOP Association for a second time, with prior recognition in 2018. In 2020, Torch became the only four-time recipient of the Better Business Bureaus Torch Award for Business Ethics in the North Alabama region. Great Place to Work named Torch one of the countrys Best Workplaces for Parents, and Great Place to Work and Fortune named Torch one of the countrys Best Workplaces for Millennials in 2020, with prior recognition in 2018. Torch was also ranked on the Inc. 5000 list for the fourteenth consecutive year in 2020. Washington Technology listed Torch in its Top 100 Government Contractors ranking for the sixth consecutive year, and Bloomberg Government listed Torch in its annual Top 200 ranking for the fourth consecutive year in 2020. Torch was also selected for a 2020 Colorado Springs Business Journal Best in Business award. In 2019, Torch was ranked on the Entrepreneur 360 list for the third consecutive year. In 2018, Great Place to Work and Fortune magazine named Torch a Best Medium Workplace for the third consecutive year. Torch was also named a winner of the 2018 Best Places to Work in Huntsville award for the fifth time. In 2016, Torch was named one of Americas Best Small Companies by Forbes. For more information, visit www.TorchTechnologies.com More
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If you are interested in becoming a Pricing Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Analyst for your reference.

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Pricing analysts understand business trends and market values for the products and services their organizations offer.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

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Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

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Use pricing models to measure product profitability.

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Undertake ad-hoc pricing analysis as required by superiors.

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Therefore, to better understand changing price points, businesses should conduct new pricing-sensitivity study and market price tests right away.

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