Analyst, Commercial Pricing

Job Description - Analyst, Commercial Pricing (18553)

About Us:

AAR Corp. (NYSE: AIR) is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people across over 60 sites in over 20 countries. Headquartered in the Chicago, Illinois area, AAR supports commercial and government customers in more than 100 countries through four operating segments:
Parts Supply, Integrated Solutions, Repair and Engineering and Expeditionary Services.

AAR’s purpose is to empower people to build innovative aerospace solutions today so you can safely reach your destination tomorrow. The company’s mission is to go above and beyond to provide value-driven aerospace aftermarket solutions to meet the evolving needs of our customers worldwide. AAR constantly searches for the right thing to do for its customers, employees, partners and for society.

Description

The Commercial Pricing Analyst will support customer pricing, contract pricing, and RFP RFQ opportunities. This role will be responsible for keeping track of historical pricing, reviewing market trends, and helping build pricing that is competitive while still protecting our margins. The Commercial Pricing Analyst will work closely with Sales, Operations, Procurement, Finance and other key stakeholders ensuring pricing is accurate, clear, and aligned with the business.

The Commercial Pricing Analyst will support other projects as needed including reports, data analysis, and Power Point presentations. The Commercial Pricing Analyst will report to the Customer Service Manager, with no direct reports.

What you will be responsible for:

• Maintain and review historical pricing data as well as market trends to help support better pricing decisions, including customer history and cost inputs to help recommend pricing strategies.
• Create and validate customer pricing for contracts RFP's, RFQ's and flat rate pricing opportunities. While maintaining the RFP RFQ tracker to help us understand the data.
• Organize and maintain contract information, including pricing terms, renewal dates, expiration dates, and escalation clauses.
• Work with internal departments to confirm labor, material and vendor cost, turnaround time estimations, and margin expectations.
• Prepare pricing summaries, margin reviews, and business recommendations for management
• Create reports, dashboards, and Power Point presentations based on pricing data and business trends.
• Support additional projects and analysis as assigned
• All other duties as assigned.

• High School Diploma or equivalent GED is required. Bachelor's degree in business or related field is preferred.
• Advanced experience in Excel, Power Point, Access, Power BI, or similar tools preferred.
• Due to the security clearance required for this role, US Citizenship is required with no sponsorship
• Excellent communication skills including strong English comprehension. Must be able to read and write in English fluently.
• Ability to turn data into clear summaries or presentations.

Strong attention to detail, with zero errors in information presented.

The rewards of your career at AAR go far beyond just your salary:

• Competitive salary and bonus package
• Comprehensive benefits package including medical, dental, vision and Short-Term Disability coverage.
• 401(k) retirement plan with company match.
• Generous paid time off program with additional employer recognized holidays.
• Professional development and career advancement opportunities.

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may…