Market and Business Analyst in Pittsburgh, PA at Arconic

Date Posted: 5/23/2018

Job Snapshot

Job Description

Arconic has an exciting opportunity for a Market and Business Analyst to join the Ground Transportation Market Sector Team, in the Strategy and Business Transformation (SBT) resource unit at our Corporate Center in Pittsburgh PA. Reporting to the Director Ground Transportation MST, the Market and Business Analyst is a key member of the Strategy and Business Transformation (SBT) resource unit working in the Automotive sector.

The mission of the SBT organization is to support both Arconic Business Units as well as corporate Resource Units with formulation of Corporate Strategy, Strategic Market Analysis and Commercial Excellence practices. This includes project execution to inform strategy decisions, maintaining of global market forecasts for establishment and monitoring of Business unit commercial plans, and deployment of commercial tools like The Market Analysis Practice comprises three Market Sector Teams: Ground Transportation, Aerospace, and Defense. The primary mission of the Market Sector Teams is to support business unit target profitable growth through market and customer transparency, intimacy, and influence performance dialogue with Business Units and improving commercial effectiveness. The Market Sector Teams also are a key resource for the office of the CEO and CFO to maintain updated understanding of market performance and competitive environment to support decision making and investor relationships.

The primary focus of the Market and Business Analyst is to identify growth opportunities by conducting and supporting global market research, competitive analysis, regulatory analysis, strategic market planning, new product innovation, and evaluation of internal business performance metrics. The Analyst has responsibility to influence cross functional teams in order to promote an up-to-date understanding of Arconic’s current condition within the market and to identify and shape opportunities for potential business growth. The Analyst will leverage the Arconic technical and commercial advantages to develop strategies for profitable growth.

The Analyst will be responsible for working with various process stakeholders including Business Unit (BU) commercial leaders, Business Unit/Resource Unit (RU) technologists, MST leaders, Key Account Managers and Investor Relations to accomplish the following:
  • Maintain/coordinate the updating of core set of fundamental industry data that is used for both internal planning and external communications purposes
  • Manage and assure accuracy of the market revenue modeling tools and processes, working with MST directors and analysts and BU commercial teams to update data and tools at least bi-annually.
  • Participate in business case analysis in support of investment decision-making, to include working the BU partners and outside consultants in support of market-level strategy development
  • Additional model development as needed for efficient analysis of market based data
  • Contribute to market strategy definitions and long-term growth business plans
  • Contribute to multi-disciplinary growth teams in identifying growth opportunities
  • Validate market and business concepts whilst developing domain expertise and key contacts both within and outside of Arconic.
  • Develop market opportunity proposals to drive “Market Driven Innovation” growth portfolio together with ATC Technology resources.
  • Provide regular updates to MST participants and other market stakeholders on market performance and market trends to support BU planning activities and growth strategy.
  • Support marketing and communication activities with data analysis and coordination activities based on market priorities.
Major Activities

Market Sector Forecast Data: Maintain and improve a consistent industry data set that is used for both internal planning and external communications. This would include but not be limited to information that supports:
  • Build-rate forecasts expressed in both units and dollar value
  • Market transparency at both the industry and Key Account levels
  • Quarterly financial reporting exercises
  • Modeling of Arconic sector performance as a function of platform value, market shares, pricing, etc
Strategic Market Analyses:
  • Participate in a variety of analyses that are sponsored by organizations outside of G&MS. The expectation is that as much as 50% of the Analyst’s time may be spent in support of “special assignment” programs managed by the BUs or other RUs covering business case development, technology surveys, competitor “deep dives” and other analyses in support of investment decision-making. The Analyst will take a leading role on the analysis involved in many of these projects and is expected to provide a well-developed view of the market in support of these projects.
  • In support of the assigned MST (i.e., defense, ground transportation, aerospace), assist to drive profitable growth thru the business case development, new product introduction, key account support, and international trade show planning.
  • SharePoint Stewardship: The Analyst will be responsible for the content and maintenance of the Sector sharepoint site that is used to house information made available to a wide swath of internal users. The MST Sharepoint is one of the tools used to ensure a consistent market viewpoint across the company. The data and analysis provided is primarily the responsibility of the Analyst.
  • Process and Tools: The Analyst is expected to be familiar with and apply a broad range of analytical tools, processes and frameworks in general and with those of the Arconic Commercial Advantage (ACA) toolset in particular. Support the internal DI (Degrees of Implementation) system to develop, track and report financial impacts on specific MST growth initiatives. Create model and dashboard to convert large data sets into key indicators on status of deployment against growth targets.
Essential Knowledge, Skills & Competencies
  • The candidate must engage, motivate, and influence other individuals not under his/her direct supervision
  • Excellent communication and presentation skills, to include large group presentations
  • Ability to work with technical, operations, and business experts, individually and in teams, to represent the interaction between the market growth and / for Arconic’s products.
  • Ability to manage multiple projects and customer demands. Operate with more autonomy than junior members of the team.
  • Experience with marketing message and communication planning to align value propositions to customer needs.
  • Competitive, ambitious, drive and passion that leads to a pursuit and achievement of excellence
  • Self-starter with ability to lead and work independently
  • Ability to work in a complex environment and convince people through influential and non-hierarchical positions
  • Ability to analyze and synthesize complex information (big data) then communicate the narrative with critical thinking in a clear and concise format
  • High degree of people skills and the ability to engage with individuals in a variety of functions and levels
  • Resiliency and ability to adapt to dynamic changing environments and priorities
  • Competency in standard office tools – Excel, Word, PowerPoint, etc

Basic Qualifications

  • Bachelor’s degree in Business, Economics, Finance, Science or Engineering from an accredited institution
  • Minimum of 1 year experience using Excel in business environment
  • Employees must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.

Preferred Qualifications

  • Bachelors Degree in Business (with a preference for Finance or Marketing) or Engineering (with a preference for Mechanical or Materials).
  • Master's in Business Administration (MBA)
  • Minimum 3 years experience as an analyst highly preferred