Pricing Analyst (Finance)
As a Pricing Analyst here at Honeywell, you will analyze market trends and competitive landscape to identify pricing opportunities and collaborate with cross-functional teams to drive pricing initiatives. Your strong analytical skills and proficiency in data analysis and pricing tools will enable you to perform pricing analysis and provide recommendations for pricing decisions. You will monitor and evaluate pricing performance, adjusting as needed.
You will work a hybrid work schedule out of our Morris Plains, NJ location.
Hybrid Work Schedule Note: For the first 90 days, New Hires must be prepared to work 100% onsite M-F.
In this role, you will impact the organization by optimizing pricing strategies, maximizing revenue generation, and improving profitability. By collaborating with cross-functional teams, you will drive pricing initiatives and achieve business objectives, fostering alignment and ensuring the successful implementation of pricing strategies.
KEY RESPONSIBILITIES
- Be the owner of pricing processes, results, and strategies in the Specialty Additives business
- Develop and implement pricing strategies to optimize profitability including floor pricing targets and list price optimization
- Analyze market trends and competitive landscape to identify pricing opportunities and consolidate market intelligence
- Collaborate with sales, customer experience, and product management to improve pricing accuracy in SAP
- Manage PROS Control for pricing updates including quote management and price lists
- Coordinate with Pricing COE to monitor and evaluate pricing performance and make adjustments as needed
- Manage a monthly process to monitor costs and make suggestions on pricing pass throughs and surcharges
COMPENSATION:
- The Salary range for this position is $67K - 95K.
- The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.
- This role will remain open for application until an offer is accepted.
This position is intended to convey to the new, independent company, to be named Solstice Advanced Materials when the separation occurs. This is expected to occur in late 2025 or early 2026.
At Advanced Materials, we are committed to offering the highest value-add specialty solutions in the advanced materials sector. Our goal is to solve our customers' most complex challenges through a robust and innovative product portfolio and by doing so, deliver exceptional value to our stakeholders. We have identified actionable strategies to grow by expanding into new products and markets and through strategic acquisitions, while keeping our top operating margins.
Joining our team means becoming part of an organization which leverages its long-standing reputation to capture growth trends by investing in innovation and manufacturing enhancements and maintaining deep customer relationships.
BENEFITS OF WORKING FOR HONEYWELL
- Benefits - Medical, Vision, Dental, Mental Health
- Paid Vacation
- 401k Plan/Retirement Benefits (as per regional policy)
- Career Growth
- Professional Development
- Minimum of 2 years of experience in pricing or related field
WE VALUE
- Bachelor's degree in Economics, Finance Math, Engineering, Marketing or Management preferred
- Experience performing financial data analysis using Microsoft Excel, R, or Python and data visualization tools such as Power BI or Tableau
- Experience using statistics to estimate potential impacts of actions
- in multi-functional team
- Experience with pricing software analysis suites such as PROS Control or Vendavo
- Ability to work independently and collaborate
- Strong business acumen and understanding of market dynamics
ABOUT HONEYWELL
Honeywell International Inc. (Nasdaq: HON) invents and commercializes technologies that address some of the world's most critical challenges around energy, safety, security, air travel, productivity, and global urbanization. We are a leading software-industrial company committed to introducing state of the art technology solutions to improve efficiency, productivity, sustainability, and safety in high growth businesses in broad-based, attractive industrial end markets. Our products and solutions enable a safer, more comfortable, and more productive world, enhancing the quality of life of people around the globe.
Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.
We foster a collaborative and inclusive work environment that values contributions and supports professional development. With a focus on innovation and sustainability, the team is dedicated to delivering value and making a meaningful impact in advancing our customers' success. Let's make that impact together.Key Responsibilities
- Analyze market trends and competitive landscape to identify pricing opportunities
- Collaborate with crossfunctional teams to drive pricing initiatives and achieve business objectives
- Perform pricing analysis and provide recommendations for pricing decisions
- Monitor and evaluate pricing performance and make adjustments as needed
Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments - powered by our Honeywell Forge software - that help make the world smarter, safer and more sustainable.
