Vadodara, IND
1 day ago
Costing / Pricing Analyst - II
**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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