Pricing Analyst 3
Emerson Electric Company India Pvt Ltd
Work from Office
Full Time
Min. 2 yearsJob Description
Pricing Analyst 3
- Review inquiries received from project and sales teams and prepare detailed cost analysis reports.
- Develop and provide accurate costing information for project-based requirements.
- Maintain and update standard costs for products and components.
- Monitor and update costing data in business systems based on raw material price changes and market trends.
- Estimate costs for new products and support the creation of standard costing structures.
- Compare booked order costs against approved costing and standard cost benchmarks to help ensure profitable business outcomes.
- Partner with finance and operations teams to complete annual standard costing exercises.
- Analyze cost drivers and identify opportunities for process and cost optimization.
- Support cross-functional teams with cost-related insights for business planning and decision-making.
- Maintain accurate costing records and ensure compliance with established processes and guidelines.
- 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, including castings, forgings, carbon steel, stainless steel, and 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 a commitment to accuracy.
- Effective verbal and written communication skills.
- Ability to work collaboratively across functions and build positive working relationships.
- 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.
Our Commitment to Our People
At Emerson, we are motivated by a spirit of collaboration that helps our diverse, multicultural teams across the world drive innovation that makes the world healthier, safer, smarter, and more sustainable. And we want you to join us in our bold aspiration.
We have built an engaged community of inquisitive, dedicated people who thrive knowing they are welcomed, trusted, celebrated, and empowered to solve the world’s most complex problems — for our customers, our communities, and the planet. You’ll contribute to this vital work while further developing your skills through our award-winning employee development programs. We are a proud corporate citizen in every city where we operate and are committed to our people, our communities, and the world at large. We take this responsibility seriously and strive to make a positive impact through every endeavor.
At Emerson, you’ll see firsthand that our people are at the center of everything we do. So, let’s go. Let’s think differently. Learn, collaborate, and grow. Seek opportunity. Push boundaries. Be empowered to make things better. Speed up to break through. Let’s go, together.
Accessibility Assistance or Accommodation
If you have a disability and are having difficulty accessing or using this website to apply for a position, please contact: idisability.administrator@emerson.com.
Emerson is a global leader in automation technology and software. Through our deep domain expertise and legacy of flawless execution, Emerson helps customers in critical industries like life sciences, energy, power and renewables, chemical and advanced factory automation operate more sustainably while improving productivity, energy security and reliability.
With global operations and a comprehensive portfolio of software and technology, we are helping companies implement digital transformation to measurably improve their operations, conserve valuable resources and enhance their safety.
We offer equitable opportunities, celebrate diversity, and embrace challenges with confidence that, together, we can make an impact across a broad spectrum of countries and industries. Whether you’re an established professional looking for a career change, an undergraduate student exploring possibilities, or a recent graduate with an advanced degree, you’ll find your chance to make a difference with Emerson. Join our team – let’s go!
No calls or agencies please.
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