Costing / Pricing Analyst - II
ITT
**Position Summary**
The Pricing Analyst plays a critical role in managing global pricing activities for global/domestic accounts and providing insights to drive profitability and growth for the organisation. This position requires a strong analytical mindset, excellent problem-solving skills, and the ability to work collaboratively with cross-functional teams.
It’s an exciting time to be part of ITT India. ITT is not staying put. We are continually learning and evolving. Our passion delivers our success — not only for ITT but for those who count on us every day: our employees, customers and communities.
**Essential Responsibilities**
Responsibilites:
+ Lead discussions to consult with business leaders to generate insights on customer price sensitivities, market intelligence, and profitability impacts, with the objective of Profit optimization.
+ Review of BID/Tender/RFQ/Customer specs/TQ received from Sales/Application.
+ Float RFQ to Advance Procurement Team /vendor for Buyout offers.
+ Review & finalize Techno commercial Vendor offers/TQ.
+ Close coordination with sales/Application team for Technical/commercial change/requirement
+ Organize and participating in review meetings with customer/project consultants/vendor to freeze the requirement/deviation.
+ Technical Bid Evaluation for various bought out items.
+ Preparation of detail techno‐commercial offer.
+ Inco term/duty benefit
+ Develop and maintain pricing models to optimise pricing strategies and drive profitability.
**Position Requirements**
Skills/Knowledge sought
+ Pump/Motor/Seal Plan knowledge
+ Knowledge on API 610/682
+ Knowledge on Motors, Lub systems or seal systems.
+ Chemical and Oil & Gas industry knowledge
+ Knowledge on Inco terms, Local Taxes, Duties etc.,
+ Knowledge on Application/Techno commercial Proposal preparation.
+ Knowledge on costing for large size project considering the long term project risk.
+ Interpersonal and communication skills.
+ Proactive and results-oriented mindset with the ability to prioritise and manage multiple projects simultaneously.
+ BE/Btech (Mech) with min 5 years of experience in relevant industry.MBA or advanced degree is a plus.
What are we looking into an ideal candidate for the position?
+ **Decision-Making Under Pressure:** Ability to make timely and sound decisions in high-stakes or time-sensitive scenarios.
+ **Communication and Interpersonal Skills:** Clear communication with internal stakeholders, vendors, and cross-functional teams.
+ **Analytical Mindset:** Proficiency in analyzing data to drive purchasing decisions and supplier performance improvements.
+ **Adaptability and Problem-Solving:** Flexibility to manage changing market conditions, supply chain disruptions, and unexpected vendor issues
+ **Customer-Centric Approach:** Focus on internal client satisfaction by ensuring timely and cost-effective procurement.
+ **Attention to Detail:** Precision in reviewing contracts, specifications, and procurement documents
Connect With Us! (https://careersen-itt-inc.icims.com/jobs/14680/costing---pricing-analyst---ii/job?mode=apply&apply=yes&in\_iframe=1&hashed=-1834443231)
**Job Locations** _IN-GJ-Vadodara_
**ID** _2025-14680_
**Category** _Marketing and Product Management_
**Position Type** _Employee_
**Telecommute** _No_
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