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Pricing Manager
Woodward FST Rockford, IL
$83k-105k (estimate)
Full Time | Durable Manufacturing 5 Days Ago
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Woodward FST is Hiring a Pricing Manager Near Rockford, IL

Woodward's Diversity, Inclusion and Belonging Commitment

At Woodward, no matter where you are from, your physical appearance, or how you identify, you deserve the opportunity to reach your greatest potential. We are on a journey to achieve this as an organization and want to work closely with our members to set the right path.

We humbly acknowledge this will be an imperfect journey. Yet, we are steadfastly committed to embracing the power of diverse people, perspectives and experiences for our current members, attracting the best talent across our communities, and creating an inclusive and rewarding workplace for all.

Woodward supports our members' wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

  • Estimated annual base pay: $99,280 (minimum) - $125,000 (midpoint) - $148,920 (maximum)

  • All members included in annual cash bonus opportunity

  • 401(k) match (4.5%)

  • Annual Woodward stock contribution (5%)

  • Tuition reimbursement and Training/Professional Development opportunities for all members

  • 12 paid holidays, including floating holidays

  • Industry leading medical, dental, and vision Insurance upon date of hire

  • Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave

  • Paid parental leave

  • Adoption Assistance

  • Employee Assistance Program, including mental health benefits

  • Member Life & AD&D / Long Term Disability / Member Optional Life

  • Member referral bonus

  • Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending

  • Voluntary benefits, including:

  • Home / Auto Insurance discounts

  • Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

Are you ready to make your mark? If you're a seasoned pricing professional, we have an exciting opportunity for you. Woodward is hiring for an experienced Pricing Manager to join our team. This individual will be responsible for collaborating with cross-functional teams in our organization to develop business specific pricing strategies to support segment growth and achieve company-wide profitability targets. Ideal candidates with have previous or current experience with pricing as a core responsibility in their career and are strongly encouraged to apply.

What You Will Be Doing

  • Collaborate with the Central Pricing Desk to develop and implement lean processes and policies for pricing and quotations. Ensure the compliance of developed processes and polices across business segment.

  • Participate in the pricing process for acquisition of large accounts, renewals of large accounts and new product introduction.

  • Maintain and utilize integrated pricing models and analysis tools developed by the Central Pricing Desk to ensure pricing execution is consistent and meet profitability goals; modifying model, analytic tools parameters as needed to reach the overall objectives.

  • Utilize data analytics and process enhancements to gather market/field data and assess the impact of pricing strategies on performance, competitive landscape, pricing elasticity etc.

  • In partnership with business segment leaders, assess and upgrade talent within the strategic pricing function.

What We Are Looking For

  • A Bachelor's degree in Accounting, Finance, Economics, or Business related discipline is required.

  • 5 or more years of experience in business-to-business pricing strategy development and implement is required.

  • 5 or more years of experience in complex global manufacturing or production industry is required.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). All applicants must be U.S. Persons within the meaning of the ITAR and EAR, or eligible to obtain all required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee, or refugee).

Woodward is an Equal Opportunity Employer

EO/AA/M/F/Disabled/Protected Veterans

#LI-Hybrid

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$83k-105k (estimate)

POST DATE

05/08/2024

EXPIRATION DATE

07/07/2024

WEBSITE

starling.us

HEADQUARTERS

Zeeland, MI

SIZE

<25

INDUSTRY

Durable Manufacturing

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If you are interested in becoming a Pricing Manager, 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 Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Pricing Manager job description and responsibilities

Pricing Managers are responsible for ensuing cost accuracy, presenting cost revisions, updating the pricing history database, evaluating pricing actions efficiency, and responding fast to market conditions.

03/02/2022: Hopkinsville, KY

Pricing Managers highlight qualifications like accounting expertise, sales orientation, marketing experience, leadership, time management and computer competencies.

05/09/2022: Fairbanks, AK

Pricing Managers complete several tasks to come up with effective pricing strategies and market evaluations.

04/26/2022: Charlotte, NC

Pricing Managers help companies determine what to charge for their products or services by considering production and other costs to determine the price point to make a profit.

02/21/2022: Worcester, MA

Pricing managers and analysts join new teams with hopes of achieving great results and building their careers.

02/13/2022: Newport News, VA

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.

Career tips from people on Pricing Manager jobs

Centralized price decision-making authority on pricing manager job descriptions.

02/21/2022: Benton Harbor, MI

Customer-focused pricing & partnership.

03/13/2022: San Bernardino, CA

Excessive discounts and daily promotions.

03/20/2022: Danbury, CT

New business & revenue opportunities.

04/19/2022: Wichita Falls, TX

More systematic and number crunching.

03/13/2022: Killeen, TX

Step 3: View the best colleges and universities for Pricing Manager.

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