Pricing Manager

Description:

Responsibilities:

• Develop and implement pricing strategies aligned with company objectives and market dynamics.
• Conduct market research and competitive analysis to understand pricing trends and customer preferences.
• Collaborate with sales, marketing, and product teams to develop pricing strategies for new products and services.
• Continuously evaluate and refine pricing strategies based on market feedback and performance metrics.
• Analyze pricing data to assess pricing effectiveness, profitability, and customer segmentation.
• Build and maintain pricing models to support pricing decisions and scenario analysis.
• Identify pricing opportunities and risks based on analysis of internal and external factors.
• Monitor pricing trends and recommend adjustments to pricing strategies as needed.
• Establish pricing governance processes and controls to ensure compliance with pricing policies and guidelines.
• Collaborate with cross-functional teams to ensure consistent application of pricing strategies and policies.
• Monitor pricing performance and address deviations from pricing guidelines.
• Develop and maintain documentation of pricing policies, procedures, and guidelines.
• Identify opportunities to optimize pricing structures, including pricing tiers, discounts, and promotions.
• Conduct pricing experiments and A/B testing to evaluate pricing changes and their impact on customer behavior and financial performance.
• Work with sales and marketing teams to implement pricing changes and assess their effectiveness.
• Monitor pricing performance and iterate pricing strategies based on results.
• Communicate pricing strategies, decisions, and performance to key stakeholders, including senior management.
• Collaborate with cross-functional teams to align pricing strategies with business objectives and initiatives.
• Provide guidance and support to sales, marketing, and product teams on pricing-related matters.
• Act as a subject matter expert on pricing-related issues and provide training and education to stakeholders as needed.

Requirements:

• Bachelor's Degree in Finance or other related field
• 8+ years' working experience within a relevant role including pricing or competitive markets experience
• Prior working knowledge with SAP is preferred but not required; other large ERP exposure outside of Excel
• Prior management experience is preferred but not required