Overview
This role is open to all U.S. locations. The organization is seeking a Pricing Manager to lead Revenue & Margin Management engagements within Commercial Excellence.
Responsibilities
- Advise clients on Revenue & Margin Management, including:
- Margin transparency
- Product portfolio optimization
- SKU rationalization
- New product development
- Pricing
- Margin recovery
- Lead teams executing clients’ ongoing Revenue & Margin Management programs and delivering data-driven business insights.
- Provide intellectual leadership and manage tasks on complex projects.
- Communicate effectively with C-level management and lead analytical planning to uncover drivers of performance.
- Design actionable solutions and implementation plans for Revenue & Margin Management issues.
- Own end-to-end project execution, including roadmap design, project team management, and development/presentation of final deliverables.
- Support project work by combining analytical rigor with creative problem-solving.
- Contribute to internal team building and the creation of intellectual property.
Pricing & Margin Management Focus Areas
Margin Transparency
- Evaluate current cost allocation processes, cost categories, and allocation basis.
- Assess profitability by market, customer, product category, SKU, etc.
- Identify and quantify complexity-driven costs-to-serve (e.g., product customization, extra customer service, samples, expedited freight, special customer terms).
- Identify improvements for future product costing analyses and implementation (e.g., indirect cost allocations, costs-to-serve).
- Assess potential for and implement cost-to-serve premiums and targeted price adjustments; quantify impact on margin and profitability.
Product Portfolio Optimization
- Assess competitive landscape and customer trends.
- Evaluate product portfolio using financial measures, product life-cycle stage, and competitive differentiation.
- Develop product-category specific sales and investment strategies and implementation plans.
SKU Rationalization
- Using a Cost-to-Serve framework, identify low or negative net margin SKUs and evaluate opportunities for elimination.
- Evaluate potential for complexity reduction (e.g., SKU rationalization).
- Implement SKU rationalization and complexity reduction initiatives.
Price Optimization
- Assess pricing levers and quantify profitability opportunities, including:
- Value-based pricing
- Transactional price management (e.g., leakage, discounts, escalators)
- Pass-through (inflation, material costs)
- Assess pricing discipline across products, markets, and customers.
- Evaluate and improve pricing processes (e.g., price setting, target profitability, approval process for discounts).
- Assess and implement broad-based and selective price increases based on market factors, competitive situations, and existing contracts.
- Evaluate whether margin improvement is driven by volume, price, or mix.
Margin Recovery
- Review costs-to-serve market value and potential for pass-through.
- Identify and implement cost recovery opportunities tied to drivers of complexity.
- Assess current pricing/quoting processes for recovering costs-to-serve and implement improvements.
Required Qualifications
- 7-10 years of experience focused on Revenue & Margin with experience developing and implementing pricing processes and methodology.
- Strong financial acumen, including understanding of P&L and cost drivers.
- Experience with pricing aspects including value-based, transactional pricing, discount leakage, and pass-through, plus best practices in review and approval processes.
- Experience with waterfall analysis and tools such as Vendavo.
- Strong quantitative mindset and experience with tools/technologies, including:
- Relational database (SQL)
- BI tools (Alteryx, Tableau)
- Statistical tools (SPSS, R)
- Web analytics (SiteCatalyst, Google Analytics)
- Strong project management and presentation skills.
- Excellent communication and interpersonal skills.
- Outstanding people development and management skills; ability to lead junior team members and guide their careers.
- Demonstrated experience providing intellectual and task leadership on complex projects.
- Ability to work independently in an unstructured environment, think quickly, and respond with confidence and creativity.
Preferred Qualifications
- Consulting experience.
- MBA from a top-tier university.
- Industry experience in B2B and business services; experience working with private equity and/or private equity relationships.
Compensation & Benefits
- Salary range: $125,000--$190,000 annually, dependent on education, experience, skills, and geography.
- Discretionary bonus program based on factors including individual and firm performance. Ask your recruiter for details.
Full-time positions and part-time positions over 30 hours
Employees working 30 or more hours per week may participate in fringe benefits including:
- Healthcare plans
- Flexible spending and savings accounts
- Life, AD&D, and disability coverages (rates determined from time to time)
- 401(k) retirement plan
- Discretionary contribution to the 401(k) (provided eligibility requirements are met)
- Paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave
- Vacation and personal day amounts vary based on tenure and role type
Part-time positions under 30 hours
- Employees working less than 30 hours per week may participate in a 401(k) retirement plan.
- Discretionary 401(k) contribution may be provided (provided eligibility requirements are met).
Location
Open to all U.S. locations.