Pricing Strategy Analyst – Controls Full Time NEW

Pricing Strategy Analyst – Controls

Why should you join OTTO Engineering?

At OTTO, we don’t just manufacture products – we engineer mission-critical solutions with precision and pride. Our Controls Division designs and manufactures high quality, comprehensive solutions that reliably perform for some of the most demanding markets in the world, serving the medical, off-highway, and military / aerospace customers with switches, grips, and joysticks.
As a core value, we focus on delivering for our customers through innovative technology, superior quality, value, and responsiveness … as a result, our growth continues!
Employees are our greatest asset, which is why we share our company’s profits to celebrate our collective success.
As a privately-owned company, we are proud to invest significantly in our community and in our own growth, focusing on long-term business success.
We are proudly American!
Specifically, we are seeking experience with …

Microsoft Excel
Pricing and margin performance
Large data set analysis
Our Pricing Strategy Analyst analyzes pricing and margin performance across the Controls Division’s portfolio of approximately 14,000-part numbers and develops data-driven pricing recommendations to support divisional profitability goals. This role recommends pricing for new custom products developed by engineering, establishes baseline list pricing for catalog and distribution parts, and develops the overall pricing strategy and margin targets with review and approval by divisional leadership.

The Pricing Strategy Analyst will:

Report on gross margin performance against divisional targets across the full part number portfolio
Establish pricing for new custom parts in partnership with engineering during product development
Establish and maintain baseline list prices for catalog and distribution parts
Develop and recommend pricing strategies, competitive price positioning, and part-level pricing actions, including margin improvement initiatives, for approval by divisional leadership
Analyze market conditions, competitor pricing, customer buying patterns, and price sensitivity to identify pricing opportunities and risks
Conduct detailed part-level pricing, profitability, and cost analyses to support pricing decisions and improve margin performance
Manage pricing throughout the product lifecycle, from new product introduction through mature catalog offerings
Analyze product usage and sales trends to inform pricing decisions
Prepare, maintain, and publish price sheets
Manage customer-specific pricing agreements and contracts
Monitor pricing performance and forecast the financial impact of proposed pricing actions
Assist with other duties as required or assigned
About you – What you’ll bring to the table:

Education: Bachelor’s degree in Finance, Business, Economics, or a related field
Experience: 3-5 years of experience in pricing, margin, or financial analysis, ideally in a manufacturing or industrial distribution environment
Data Analysis and Modeling: Advanced Excel and data modeling: proficiency in building and maintaining complex pricing models, analyzing large datasets, and developing decision-support tools
Pricing and Market Analysis: Ability to evaluate price sensitivity, segment customers and products, analyze customer buying behavior, and assess competitive positioning and market trends
Financial and Profitability Analysis: Ability to analyze cost structures, product-level profitability, gross margins, and financial performance to identify opportunities to protect and improve margins
Forecasting and Quantitative Analysis: Ability to apply quantitative analysis and predictive modeling to evaluate pricing scenarios and forecast the financial impact of proposed pricing actions
Strategic Thinking and Decision Support: Ability to translate quantitative findings and qualitative insights into actionable pricing recommendations aligned with business objectives
Cross-functional collaboration: ability to communicate analytical findings and collaborate effectively with Engineering, Sales, Finance, and Divisional Leadership
What OTTO offers for this specific position:

The hiring range listed in this posting is what we, in good faith, anticipate relying on when confirming a base salary for this position; exceptions may be considered for highly experienced candidates with multiple years of at-level experience.

Target base salary hiring range: $65,000 to $85,000, based on qualifications and experience.
Profit Sharing Bonus – OTTO believes that it’s fair to share the profits that the employees help to make; profit sharing is distributed to employees twice a year. OTTO’s profit sharing plan is paid at the discretion of the company and is not a guaranteed bonus or any part of a compensation plan.
Vacation: 80 hours – vacation time is earned on the anniversary date.
OTTO’s Benefits:

Health:

Medical Insurance-

HMO Plan
Standard PPO Plan
Enhanced PPO Plan
High Deducible PPO Plan
FSA, LFSA, and HSA
Dental Insurance-

Base Plan
Buy-Up Plan
Vision Insurance

401(k) with a company match

Life insurance:

Life/AD&D
Voluntary Life/AD&D
Short-Term Disability
Long-Term Disability
10 paid holidays

Company picnic

Holiday party

AND numerous OTTO celebrations throughout the year!

OTTO Engineering is an Equal Opportunity Employer and is committed to recruiting and hiring the best qualified candidates in a fair and equitable manner. To manage our applicant volume, we utilize an Applicant Tracking System (ATS) equipped with AI-driven screening capabilities which we may use to evaluate initial alignment with role requirements. These tools assist our human hiring team but do not replace human judgement. All results are reviewed by our human hiring team to ensure an objective evaluation for every candidate; no automated final decisions are made.

To review all of OTTO’s available opportunities, please visit our career page by clicking on the link below:

https://otto-engineering-inc.breezy.hr/

OTTO Engineering is an Equal Opportunity Employer: Disability/Veteran

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