Eaton Corporation Pricing Analyst in Eden Prairie, Minnesota

Job Description

Eaton’s Filtration division is a leader in liquid filtration that can help companies improve product quality, increase manufacturing efficiency, protect employees and equipment, and help achieve sustainability goals. We help our customers make liquid products and processes clean and pure whether they are involved in sanitary processes like pharmaceutical, food and beverage; industrial water, petrochemicals, marine, automotive, municipal water, agriculture and construction equipment; or power generation from coal, natural gas, nuclear, hydropower and wind.

Eaton is currently looking for a Pricing Analyst. The Pricing Analyst will support the Division pricing requirements. This position reports to the Division Sales and Marketing Director and is responsible for coordinating and monitoring incoming requests for Pricing support and assignment of workload to self and coworkers under minimal supervision. With assigned work packages, responsible for gathering and evaluating data to prepare pricing for a variety of customer requests. Works with Contracts to support customer fact finds, audits and negotiation of commercial proposals.

Essential Job Duties include:

  • Develop recommended selling prices for new and existing products by gathering and analyzing cost information and estimates that will comprise the basis for a future cost estimate to develop an accurate, supportable proposal. (These are in response to requests written by Customer Service, Contracts, Marketing, Program Management and others.).

  • Support various types of pricing related activities requested by the customer, (termination Liability Schedules, Expenditure forecasts, data sweeps and other cost & pricing data requirements).

  • Assist the various departments in responding to customer “Requests for Information” regarding specific proposed questions. (This could involve providing additional historical support as well as the ability to utilize FAR/DFARS to clarify or deny information.)

  • Support Contracts and Customer Service in price negotiations with cost/price analysis of positions etc. Prepare a post negotiation summary for presentation to management.

  • Prepare sign-offs for management review and prepare negotiation objectives for management review. Properly file proposals as required by FAR and Record Retention policies.

  • Apply judgment in the application of escalation, volume adjustments and other factors used in computing the recommended selling price.

  • Perform special cost and pricing studies on a variety of matters, including back-up for customer requests, cost out analysis and rate impact studies for finance.

  • Assist Marketing personnel in the development of business cases for the presentation of new business proposals that require NRE investment or challenged OEM pricing that is offset by profitable aftermarket sales

  • Provide profit and margin analysis on established price lists annually and as required. In conjunction with Contracts and Customer Service, update established price lists when requested.

Basic Qualifications (Including Educational Requirements)

Basic Qualifications

  • Bachelor’s degree from an accredited institution

  • Minimum 1 years of experience in project management, process improvement, and/or data analysis.

  • Candidates must reside within 50 miles of Eden Prairie, MN to be considered.

  • Candidates must be legally authorized to work in the US without company sponsorship.

  • Preferred Qualifications*

  • MBA from an accredited institution

  • Experience in Finance or Marketing

  • Business Acumen

  • Position Criteria*

  • Strong analytical skills

  • Experience in implementing and leading processes

  • Ability to communicate across and up the organization

  • Knowledge of established accounting policies, systems and procedures, product knowledge, purchasing practices, manufacturing practices.

  • Ability to Analyze historical data, cost information, and pricing data to develop and substantiate equitable and profitable prices for our products.

  • Related experience in business principles, accounting principles and concepts.

  • Proficiency in: MFGPro ERP system, Oracle, MS Office, site product knowledge, site manufacturing practices.

Eaton is a power management company with 2015 sales of $20.9 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 97,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com. At Eaton, we see things differently. We see opportunities to innovate, go above and beyond, and we work hard because what we do reflects who we are. If you see things differently—if you’re determined, motivated and focused on improving the world around you—then it’s time to see where a career at Eaton can take you. For more information, visit www.eaton.com/careers. 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.

JOBCOMPANY: Eaton

JOBTITLE: Pricing Analyst

JOBLOCATION: MN-Eden Prairie

REQNUMBER: 028398

DIVISION: HYD FFD Fluid Filtration Division

FUNCTION: Finance/Accounting