What are the responsibilities and job description for the Pricing Analyst/Manager position at TAT Technologies Ltd?
Job Description
Job Description
TAT Technologies (“TAT”) is a fast-growing profitable provider of aerospace thermal management, power and actuation products and repair services. TAT is a strategic global partner to leading players in the aerospace industry and specializes in providing innovative commercial, defense, OEM and repair / overhaul solutions. Our experience, flexibility, and commitment to meeting customer’s requirements have positioned us to be a trusted partner to some of the world’s leading aircraft manufacturers, OEM’s, airlines, MRO’s, air forces and defense organizations. TAT employs more than 600 employees worldwide, with facilities in the US and Israel.
We have an ambitious and fast-growing environment that believes in the power of team collaboration with the deep-rooted belief that there is no substitution to personal relationships and interactions. We offer a high-energy work environment enabling talented individuals to fulfill their development goals through drive, energy, and passion for Business growth.
JOB SUMMARY :
This role will be integral to the future growth of the company.
This position will be leading a key vertical in the financial management of the company. Responsibilities will include projects\bids costing and pricing, cost analysis and cost controls. The Pricing Analyst / Manager will provide financial consulting and strategic support to senior management including financial presentations, industry / peer group comparisons, new business opportunities and other projects requested by management. This function acts as the analytical / economic engine of the company to provide "optimal" business decision making. The position reports to the Group Director of FP&A and will work closely with the Sales & Marketing team and Operations team.
ROLES AND RESPONSIBILITIES :
- Create costing and pricing models for the various product lines and key customers.
- Utilize data analytical skills to query and analyze large amounts of complex data to identify areas of opportunity to improve company profit.
- Develop tools to monitor and report on profitability, cost increases, annual price escalations, and recommendations for future improvements.
- Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, and capital expenditures, highlighting trends and analyzing causes of unexpected variance.
- Develop financial models and analyses to support sales opportunities and strategic initiatives.
- BIDs and Contracts review and risk assessments including unusual costs, investments needed and legal wording.
- Lead the enhancement and compliance of Business Finance processes, standards, and systems.
- Implement and work with a Business Intelligence Tool and Dashboard reports.
- Post-mortem – Comparing actual performance to the pricing model to validate data accuracy and drive action items for improvement.
Requirements
Benefits
TAT Technologies is dedicated to providing an inclusive, fun, and unique workplace. We believe in acknowledging and appreciating the value of our team members. One way we value our team is by providing a comprehensive and expansive benefits offering to include Major Medical, Dental, Vision, Life, 401K with company matching, STD, LTD, accidental coverages, EAP, and more.
Equal Employment Opportunities – TAT TECHNOLOGIES is committed to maintaining a supportive, healthy, and productive work environment free from discrimination, harassment, or bullying, and complying with all legislative requirements. This includes equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran.