Pricing Analyst 3

Manufacturing & Production · Production & Assembly · Manufacturing Engineering · Process Improvement

In short

As a Pricing Analyst in Pune, you will be responsible for detailed cost analysis, developing accurate costing information for projects, and maintaining standard costs. You will analyze cost drivers, partner with finance and operations, and ensure profitable business outcomes by comparing booked order costs against benchmarks. This role requires a Bachelor's degree in a technical field or equivalent experience, proficiency in Microsoft Excel, and knowledge of manufacturing processes and costing methodologies.

Responsibilities

Review inquiries and prepare detailed cost analysis reports.
Develop accurate costing information for project-based requirements.
Maintain and update standard costs for products and components.
Monitor and update costing data based on raw material price changes and market trends.
Estimate costs for new products and support standard costing structures.
Compare booked order costs against approved costing and standard cost benchmarks.
Partner with finance and operations for annual standard costing exercises.
Analyze cost drivers and identify opportunities for process and cost optimization.
Support cross-functional teams with cost-related insights.
Maintain accurate costing records and ensure compliance with processes.

Requirements

Bachelor's degree in Mechanical Engineering or a related technical field, or equivalent relevant experience.
Experience in product costing, estimation, manufacturing, engineering, or a related function within an industrial environment.
Knowledge of manufacturing processes, materials, and cost structures.
Understanding of raw materials commonly used in the valve industry (castings, forgings, carbon steel, stainless steel, high-alloy materials).
Familiarity with product and project cost estimation methodologies.
Knowledge of quality requirements, inspection processes, material testing, and product validation practices.
Understanding of import procedures, logistics, and duty calculations.
Proficiency in Microsoft Excel and other business productivity tools.
Experience working with ERP systems and maintaining costing data.
Strong analytical, problem-solving, and decision-making capabilities.
Attention to detail and commitment to accuracy.
Effective verbal and written communication skills.
Ability to work collaboratively across functions and build positive working relationships.

Desired Qualifications

Experience within the valve, flow control, process automation, or industrial manufacturing industry.
Knowledge of machining cost estimation and manufacturing cost analysis.
Exposure to standard costing, cost accounting, or financial analysis processes.
Experience supporting new product introduction and product lifecycle costing activities.
Ability to identify cost-saving opportunities while maintaining quality and customer requirements.
Demonstrated leadership or project coordination experience in cross-functional environments.

Benefits

Emerson prioritizes a workplace where every employee is valued, respected, and empowered to grow.
Fosters an environment that encourages innovation, collaboration, and diverse perspectives.
Commitment to ongoing career development and growing an inclusive culture.
Support through mentorship, training, or leadership opportunities.
Investing in employee success to make a lasting impact.
Diverse teams working together drive growth and deliver business results.
Guided by values of innovation, integrity, collaboration, and inclusion.
Equitable opportunities, celebrating diversity, and embracing challenges.
Award-winning employee development programs.

Skills

Microsoft Excel

#Cost Analysis#Pricing#Manufacturing#Engineering#ERP Systems#Project Costing#Estimation

About Emerson

Emerson is a leading global technology, software, and engineering company providing innovative solutions for customers in industrial and commercial markets. We help customers in the world’s most essential industries solve the biggest challenges of modern life. Every day, our global workforce fulfills our unified Purpose and lives out the Values we hold close as an organization: Integrity, Safety & Quality, Support Our People, Customer Focus, Continuous Improvement, Collaboration, and Innovation. Across the globe, we are united by a singular Purpose: We drive innovation that makes the world…

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