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Safran Electronics & Defense

Pricing & Cost Analyst

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What they do

A Pricing Analyst researches and recommends prices for company products or services. Analyzes company costs, industry pricing trends and prices at competitor companies. Develops strategies for pricing to improve sales.

$80,647 / year median in Illinois

-2% projected decline

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Job Description

Job Description Job Summary This role will offer a unique opportunity to work with both pricing proposals for new projects and contracts as well as leading the reporting and analysis of material costing. Essential Job Functions
  • Reporting on site costing metrics to support the site with improving focus on variance analysis and challenging overspends.
  • Analyze material costing data to help provide understanding of cost breakdowns and offer recommendations for opportunities to reduce costs.
  • Contribute to the rate development process and updates
  • Lead the annual standard costing processes
  • Work collaboratively with the business to develop pricing for OE and aftermarket proposals.
  • Follow accounting policies and procedures and control processes to ensure work is completed to defined standard.
  • Frequent interaction with various functions and multiple levels of the organization will be needed, so the successful candidate must possess strong presentation, communication, and professional skills.
  • Analyze and understand data quickly to make informed business decisions.
  • Other duties may be assigned. Job Requirements Education/Experience
  • Bachelor's degree in Finance, Accounting, Business or a related field (MBA or CPA preferred).
  • 3-5 years of experience in financial analysis, accounting, or related roles.
  • Legally authorized to work in the US without company sponsorship
  • Experience in Aerospace a plus Skills &Competencies
  • Advanced Excel skills
  • Experience with ERP systems (SAP, Oracle, NetSuite, etc.) preferred
  • Strong attention to detail and problem-solving mindset
  • Earned Value Management System (EVMS)experience preferred Leadership Skills / Management Skills / Personal Skills
  • Inductive reasoning
  • Integrity
  • Judgement and problem solving
  • Communication, both verbally and written and through active listening and reading comprehension.
  • Adaptable and flexible
  • Analytical thinking
  • Dependability Physical Requirements The role requires sitting for extended periods, occasional standing, and lifting up to 10 pounds.
Clear vision for detailed work is needed, and the environment is generally quiet. Company Information Safran is an international high-technology group operating in the fields of aerospace (propulsion, equipment and interiors), space and defense. Its mission is to contribute sustainably to a safer world, where air transport becomes ever more environmentally friendly, comfortable and accessible. Present on every continent, the Group employs 110,000 people and generated €31.3 billion in revenue in 2025. Safran holds, either independently or through partnerships, leading global or European positions in its markets. Safran was ranked second in the Aerospace & Defense sector in TIME magazine's ""World's Best Companies 2025"" ranking. Safran Electronics & Defense is an international company with more than 19,000 employees who bring together expertise and team spirit to design high-technology solutions for the aerospace, defense and space sectors. By combining human and technological intelligence, the company develops products and services for both civil and military customers, operating on land, at sea, in the air and in space. Locate your future workplace 4747 Harrison Ave, M/S 298-6 61108 Rockford Illinois United States Copy Address