Overview
This role supports Commercial Excellence work within the Private Equity Performance Improvement services practice. The organization is looking for a Pricing Manager to lead teams executing clients’ Revenue & Margin Management programs and delivering data-driven business insights.
Location: Open to all U.S. locations.
Responsibilities
- Advise companies on Revenue & Margin Management, including:
- Margin transparency
- Product portfolio optimization
- SKU rationalization
- New product development
- Pricing and margin recovery
- Marketing mix optimization
- Lead teams of professionals to address complex Commercial Excellence business challenges.
- Communicate effectively with C-level management.
- Conception and structuring of analytical plans to identify performance drivers.
- Design actionable solutions for Revenue & Margin Management issues.
- Develop and support implementation plans for pricing and margin initiatives.
- Own high-quality, end-to-end execution of individual projects, including:
- Roadmap design
- Project team and plan management
- Development and presentation of final deliverables
- Contribute to project work that may include:
- Margin transparency
- Pricing analysis
- Reporting frameworks and dashboards
- B2B/B2C customer segmentation and statistical modeling
- Support data manipulation and analysis using tools such as MS Excel, SQL Server, and BI/statistical platforms (as applicable).
- Motivate, develop, and challenge team members; provide mentorship to junior staff.
- Manage day-to-day client relationships while partnering with internal and client teams to:
- Define project requirements
- Develop hypotheses
- Gather data
- Brainstorm alternatives
- Generate recommendations
- Participate in internal team building and help create intellectual property.
Core Pricing & Margin Areas
Margin Transparency
- Evaluate current cost allocation processes (cost categories, basis for allocation, etc.).
- 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 (e.g., allocations for indirect costs, costs-to-serve) and implementation.
- Identify 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 performance (financial measures, product life-cycle stage, competitive differentiation).
- Develop product-category specific sales and investment strategies and implementation plans.
SKU Rationalization
- Use a cost-to-serve framework to identify low or negative net margin SKUs and evaluate elimination opportunities.
- Evaluate potential for complexity reduction (e.g., SKU rationalization).
- Implement SKU rationalization and complexity reduction initiatives.
Price Optimization
- Assess pricing strategies and quantify profitability opportunities through pricing levers such as:
- Value price setting
- Transactional price management (e.g., leakage, discounts, escalators)
- Pass-through (inflation, material costs)
- Assess current pricing discipline across products, markets, and customers.
- Evaluate and improve pricing process (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, existing contracts, etc.
- Evaluate whether margin improvements come from volume increases, price increases, or mix.
Margin Recovery
- Review costs to serve and market value, including potential for pass-through.
- Identify and implement recovery opportunities for complexity drivers.
- Assess current pricing/quoting processes for recovering costs to serve and implement improvements.
Requirements
- 7-10 years of experience focused on Revenue & Margin, including 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 pricing, transactional pricing, discount leakage, and pass-through.
- Familiarity with review and approval processes, waterfall analysis, and tools such as Vendavo.
- Analytical mindset with exposure to tools and technologies, including:
- Relational database (SQL)
- BI (Alteryx, Tableau)
- Statistical tools (SPSS, R)
- Web analytics (SiteCatalyst, Google Analytics)
- Exceptional project management and presentation skills.
- Excellent communication and interpersonal skills.
- Strong 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.
- Industry experience in B2B and business services.
- Consulting experience preferred (not required).
- MBA from a top-tier university preferred (not required).
- Experience working with private equity and/or private equity relationships is a plus.
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 (details provided by recruiter).
Full-time Positions and Part-time Positions Over 30 hours
Regular employees working 30 or more hours per week are also entitled to 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, including a 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
- Parental leave
Vacation and personal days vary based on tenure and role type.
Part-time Positions Under 30 hours
Regular employees working less than 30 hours per week are entitled to participate in the 401(k) retirement plan, including a discretionary contribution to the 401(k) (provided eligibility requirements are met).
Additional Information
- Candidates are considered as they apply until the opportunity is filled.
- The organization does not require or administer lie detector tests as a condition of employment or continued employment.
- It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.