What are the responsibilities and job description for the Financial Pricing Analyst position at Ontic?
We are a fast-paced business with ambitious growth plans; so if you are dedicated, enthusiastic and always seeking ways to improve, you'll enjoy a career with us!
Ontic is a leading global aerospace OEM trusted by the world’s aviation leaders. Ontic’s Chatsworth, CA, site specializes in precision engineering, MRO, and new solutions for parts at risk of obsolescence. With over 1,400 employees across four time zones and seven sites, we have more than doubled in size since 2019 and are continuing to grow at pace.
Our team is looking for a Financial Pricing Analyst to join them. You will report to the Director of Revenue Management and will have an onsite work structure in Chatsworth, CA.
To be considered for the Financial Pricing Analyst opening, here’s what you’ll need to bring with you:
- Bachelor’s degree in finance, Accounting, Economics, or a related field
- 1 years of proven experience as a Financial Analyst or similar role, preferably in pricing strategy or related areas.
- Strong analytical and quantitative skills with an eagerness to learn and develop financial analysis skills.
- Advanced proficiency in Microsoft Excel and other data analysis tools is required.
- Strong experience in financial modeling, statistical analysis, and data visualization tools (e.g., SQL, Power BI, Tableau, or similar software) is preferred.
- In-depth knowledge of financial concepts, pricing methodologies, and cost analysis techniques.
- Familiarity with market research techniques and data sources to extract relevant insights.
- Excellent communication and presentation skills, with the ability to convey financial information in a clear and concise manner.
- Strong business acumen and ability to understand market dynamics and customer behavior.
- Detail-oriented with a high level of accuracy and strong problem-solving skills.
- Ability to work independently and collaboratively in a fast-paced, deadline-driven environment.
As a Financial Pricing Analyst, you will:
- Analyze Market Trends: Conduct thorough research and analysis of market dynamics, including competitor pricing strategies, customer behavior, and industry trends to identify opportunities for pricing optimization.
- Develop and maintain financial models to evaluate pricing scenarios, profitability, and return on investment (ROI) for different pricing strategies and product lines.
- Collaborate with cross-functional teams, including Sales, Marketing, and Product Development, to develop and refine pricing strategies that align with business objectives and market demand.
- Utilize data-driven insights to analyze and optimize pricing structures, including price points and discounts.
- Conduct cost analysis to assess the impact of production costs, raw material prices, and operational expenses on pricing decisions.
- Develop key performance indicators (KPIs) and reporting mechanisms to track pricing performance, monitor pricing changes, and measure the effectiveness of pricing strategies.
- Assist in the development of financial forecasts and budgeting processes by providing accurate pricing data and insights.
- Collaborate with stakeholders across the organization to provide financial expertise and recommendations on pricing-related decisions, including new product transitions, pricing changes, and market economics.
- Monitor competitor pricing strategies and conduct regular benchmarking to identify opportunities and threats in the market.
- Prepare and present comprehensive reports, dashboards, and presentations to communicate pricing strategies, performance, and recommendations to senior management and key stakeholders.
- Perform other general Revenue Management and Ontic data activities, as needed.
Our Benefits:
- Competitive PTO, holiday pay, and sick leave
- Company 401K plan with up to 4% matched contribution
- Annual bonus program (varies by level and discretionary based on company and individual performance)
- Flexible working arrangements
- Paid volunteering opportunities
- Access to mental health champions across our sites
- Commitment to development
- Employee referral program
#LI-Onsite
This position requires access to U.S. export-controlled information.
EOE/AA Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran
Compensation Pay Range
$95,000-$110,000
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Ontic Engineering and Manufacturing Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran
Status, or any other characteristic protected by applicable federal, state, or local law.
Status, or any other characteristic protected by applicable federal, state, or local law.
This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of the ITAR. The ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.
Salary : $95,000 - $110,000
