Senior Pricing Analyst
Park City, UT, US, 84098
Based in Park City, UT, Triumph Geared Solutions is a leading independent aerospace gear and gear box supplier for the commercial and military helicopter and business jet markets and employs approximately 200 employees. The Company’s key products and services include power transmission systems, integrated gearbox design and builds, airframe mounted accessor drives (AMAD’s), engine mounted accessory drives (EMAD’s), rotorcraft transmissions, turboshaft internal gearboxes, emergency power gearboxes, and large complex aero gears for both OE and aftermarket/spares end markets.<span style="font-family:"Arial",sans-serif">
<span style="font-family:"Arial",sans-serif">Park City, UT lies east of Salt Lake City in the western state of Utah. Framed by the craggy Wasatch Range, it’s bordered by the Deer Valley Resort and the huge Park City Mountain Resort, both known for their ski slopes.
Responsibilities
- Compile cost & pricing data to support bids and proposals
- Perform price sensitivity analysis to assess the impact of different pricing scenarios on revenue and profitability.Leads government cost and pricing audits, working closely with finance team.
- Works cross functionally to ensure good data is received in from all functions to ensure the most accurate quoting possible
- Identify pricing risks and recommend corrective actions as necessary.
- Ensure accurate and comprehensive documentation of pricing decisions, methodologies, and rationale for audit and compliance purposes. Supports on time execution of quotes through the DOA / gate review process.
- Builds financial business models that incorporate cost, profit margins, customer requirements, and market conditions, for OpCo Commercial and Finance approval.
- Articulate the proposal’s winning strategy using tools such PowerPoint, cost structures, or excel.
- Analyze and interpret customer RFP/RFQ/RFI requirements.
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- Manage proposal from start to submittal, and support through negotiation phase with leadership as required (dependent on bid value)
- Maintain and regularly update a pricing history database and quote log.
- Define new / update business procedures, evaluate resource and tool requirements for pricing.
- Support total pricing procedure, enhance processes to make most of efficiencies and ensure timely response to customers.
- Own customer portals for RFQ management
- Run KPI’s for pricing & proposals, meeting customer response timeliness requirements and internal financial hurdles
- Stay current with industry trends, regulatory changes, and new technologies impacting aerospace pricing models.
- Data entry as required
- PO Review validation
- Contribute and support Front End HPT
Qualifications
- Basic understanding of aircraft gear and housing manufacturing processes or similar precision part manufacturing is required. These processes will include but not limited to:
- ID Grinding, Gear Grinding/Cutting, Milling Operations, Lathe Operations, Part Marking, Deburring, Heat treating, plating, NDT, etc.
- Strong analytical problem-solving skills
- Capability to read and understand blueprints and specifications.
- Understanding of cost structure used to develop estimates.
- Have basic knowledge of different materials, i.e forging, bar stock.
- Ability to enter information into an ERP system and proficiency in Microsoft Office.
- Ability to draft basis of estimates.
- Creative thinking with ability to multi-task
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- Must have knowledge of gear and gearbox products.
- Highly organized project management skills to coordinate resources and manage multiple activities to meet established proposal deadlines.
- Open to a changing environment and adopt business changes.
- Experience with government contracting and compliance (e.g., FAR, DFARS).
- Knowledge of contract negotiation processes and pricing for large-scale aerospace projects.
- Familiarity with cost-plus, fixed-price, and time-and-materials contract pricing models.
- Excellent communication skills with the ability to present findings and recommendations to senior management and cross-functional teams.
- Bachelor’s degree or +7 years of relevant experience in finance / programs / engineering / contracts or /proposal development
Additional Information
Pursuant to International Traffic Arms Regulations (“ITAR”) and the Export Administration Regulations (“EAR”), applicants for SELECT positions will be required to provide proof of U.S. Citizenship, U.S. Permanent Residence, or U.S. Immigration Status in order to meet the minimum qualifications for those select positions. All inquiries related to citizenship are asked solely to comply with ITAR and EAR export licensing requirements.
Legally authorized to work in the United States without company sponsorship.
Benefits:
- Comprehensive medical, dental and vision coverage with plan options that provide flexibility and choice (including telehealth options)
- Healthcare spending accounts
- Paid parental leave
- Paid/flexible time off in addition to paid company holidays
- 401(k) with company match
- Employee Stock Purchase Plan
- Disability and life insurance
- Incentives and performance-based rewards
- Exciting growth and development opportunities empowered by our TRIUMPH Transformation and an entrepreneurial environment that encourages innovation and creativity
Work Environment and Physical Demands:
The work environment characteristics and physical demands described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit, talk, or hear. The employee frequently is required to stand, walk, and use hands to finger, handle, or feel objects, tools, or controls. The employee is occasionally required to reach with hands and arms: stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 50 pounds.
Nearest Major Market: Salt Lake City