We begin with dreams. Dreams drive our motivation. Dreams are our future. The world's dreams, people's dreams, our dreams. Our passion creates ideas that make dreams come alive. Technology and products that were only dreams become reality.
All for dreams. Dreams challenge and the Nidec-Group will continue to meet the challenge. For the world's and people's tomorrows; the world's first, the world's best technologies and products; we will continue our part in creating a better society.
Job Summary
Nidec is the world's No.1 comprehensive motor manufacturer handling "everything that spins and moves", miniature to gigantic. Nidec is a global enterprise comprised of over 300 subsidiaries/affiliates. We are a leading manufacturer of commercial motors, industrial motors, appliance motors, and controls. Our product line features a full line of high efficiency motors for industrial applications in water treatment, mining, oil and gas, and power generation, and for commercial applications such as pool and spa, condensers, cooling towers and large refrigeration units.
From keeping us comfortable in our homes to pumping clean water to making our cars more safe, electric motors are an indispensable part of our daily lives. At Nidec, our employees are on the forefront of developing new motor technologies. As we move deeper into the age of robotics, the impact of motors will only increase.
With over 140,000 employees stationed worldwide, Nidec continues to be a unique organization, and each location maintains its individual personality.
Whether driving locomotives, powering offshore platforms or keeping the lights on after a storm, Nidec electric power generation products impact the world on a daily basis. With over 1,000 employees in the Americas, we are moving forward with technology to solve our customers’ electrical power needs for both prime and backup generation needs as the industry’s leading manufacturer.
Job Description
Shift: 1st shift
Days of Work: Monday – Friday
Work Hours: 8:00am to 5:00 pm
Work Location: On-site (North Mankato, MN) OR Remote
Starting Salary: $85,400 to $128,100 Annually
Pay Frequency: Bi-Weekly
At Nidec, we prioritize our team’s well-being and success. Our comprehensive benefits package is designed to support you both personally and professionally. These are the great benefits we offer, with additional perks and programs available to enhance your overall experience with us.
Competitive Compensation: Attractive salary with additional bonus opportunities.
Health and Wellness: Comprehensive medical, dental, vision and disability coverage, effective from your first day.
Retirement Savings: 401(k) plan with a best-in-class company match of 100% on the employee’s first 6% with an additional 3% employer contribution to support your financial future.
Work-Life Balance: Generous time off package, including PTO and holidays.
Education Assistance: Tuition reimbursement and continuous learning opportunities to support your professional growth.
Position Objective:
The Senior Pricing Analyst – Commercial Finance is responsible for developing and maintaining pricing policies, supporting commercial negotiations, analyzing commodity fluctuations, and assisting with revenue forecasting. This role is instrumental in maximizing profitability and ensuring consistent pricing strategies across the organization. The position requires close collaboration with sales, commercial, and finance teams to provide data-driven insights and strategic guidance. Support pricing strategy for complex, engineered industrial products manufactured across a global footprint. Our products have high material content, long manufacturing lead times, customer‑specific configurations, and significant commodity and tariff exposure.
Essential Duties/Responsibilities:
Contract/Price Negotiation Support: Partner with sales and commercial teams in contract and price negotiations, delivering financial analysis and strategic recommendations.
Establish Pricing Policies: Develop and update comprehensive pricing policies that align with organizational objectives and market conditions.
Quarterly Pricing Review: Review, analyze, and recommend adjustments to pricing structures on a quarterly basis to reflect market changes and business performance.
Copper Hedging Support: Collaborate with sales, finance, and treasury teams to support copper hedging activities, mitigating exposure to commodity price volatility.
Commodity Sensitivity Analysis: Conduct sensitivity analysis on steel, copper, and other price fluctuations to assess potential impacts on profitability and pricing decisions.
Tariff Review and Pricing Support: Evaluate tariff changes and surcharges, oversees necessary pricing adjustments.
Volume/Price/Mix Analysis: Analyze sales data to assess the effects of volume, price, and product mix on revenue and margins.
Revenue Forecasting Assistance: Support the finance team in revenue forecasting by integrating pricing strategies, commodity trends, and market insights.
Process Creation: Design, implement, and improve pricing and analysis processes that do not yet exist, laying the foundation for future operational excellence.
Experience/Skills:
Minimum 5 years of experience in pricing, financial analysis, or commercial finance, ideally within a manufacturing or commodities environment.
Strong quantitative abilities, proficiency in sensitivity analysis, and experience working with large data sets.
Demonstrated ability to initiate and drive projects independently, proactively identify opportunities, and implement solutions.
Able to innovate and develop new processes, workflows, and analytical methods.
Excellent written and verbal communication skills, capable of presenting complex information to non-financial stakeholders.
Advanced skills in Microsoft Excel and financial modeling; familiarity with ERP and pricing software is an advantage.
Ability to work effectively across teams, including sales, procurement, and finance.
High level of accuracy and thoroughness in analysis and reporting.
Education:
Bachelor’s degree in Finance, Economics, Business, or a related field. Master’s degree or professional certification (e.g., CFA, CPA) preferred.
Additional Job Details
CHECK OUT OUR CAREER OPPORTUNITIES: Nidec Power | Careers
Equal Employment Opportunity and Affirmative Action at Nidec
Nidec is an Equal Employment Opportunity (EEO) and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants receive consideration for employment without regard to their age, gender, gender identity, sexual orientation, race, color, genetic information, religious creed, national origin, physical or mental disability, protected veteran status, or any other characteristic protected by law. For more information regarding your (EEO) rights as an applicant, please visit the following website: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf
Work Shift Schedule
First Shift (United States of America)
No Soliciting
Nidec will not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to Nidec job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers. Pre-approval from the Nidec Talent Acquisition team is required before any external candidate can be submitted and such candidate must be submitted to the Nidec Talent Acquisition team.
