Manager of Pricing

Company: Dent Wizard
Location: Cicero
Posted on: June 24, 2022

Job Description:

Job Overview

The Pricing Manager is responsible for overseeing all pricing for Dent Wizard, optimizing pricing in partnership with the operations, sales, and finance.

Responsibilities

• Lead pricing strategies and partner with operations and sales for execution of all price changes.
• Develop, maintain, and champion a full suite of pricing rules, policies, strategies, and operating procedures.
• Manage the core pricing systems and regularly optimize to support the most current business objectives.
• Coordinate with operations, finance, and procurement to ensure full understanding of cost and profitability implications for wages, supplies and other costs of sales.
• Regular presentations to keep leadership apprised of the pricing strategy as well as the results of any initiatives for all business units.
• Collect data to make informed decisions and ensure our businesses remain appropriately competitive.
• Establish appropriate key performance indicators and develop an analytics dashboard that allows key stakeholders consistent visibility into overall performance.
• Implement advanced tracking procedures to regularly monitor market pricing and related activities.
• Develop price testing programs and tools to gain deeper insights on price elasticity and behavior around price changes.
• Develop mechanisms to monitor feedback and performance due to price changes.
• Develop and maintain an annual and multi-year pricing strategy for each customer segment and service line that ensures we remain competitive with direct competitors
• Collaborate with sales, operations, and marketing teams to optimize promotions as related to pricing objectives.
• Share strengths/skills around pricing with other departments, as appropriate.
• Other duties, as assigned
  Competencies Required
  
  • Customer Focus
  • Business Acumen, including Business and Financial Modeling
  • Strategic and Analytical Thinking
  • Collaboration across Functions
  • Influencing through Data
  • Data Management
  • Problem-solving
  • Technical Competencies:
    • Strong B2B Technical Pricing proficiency
    • Strong understanding of pricing strategies, systems, and tactics, as well as excellent interpersonal skills
    • Success in developing and maturing data driven pricing strategies
      Position Requirements
      
      • 5+ years' experience in pricing with a focus in a B2B environment for mid to large-sized, multi-channel organization.
      • Bachelor's degree in Business-related field or relevant additional experience (degrees in statistics, marketing, mathematics, finance, accounting, or economics may also be relevant)
      • Experience working with pricing and promotions across a large customer base and multiple service offerings.
      • Demonstrated experience in developing and implementing new strategic initiatives.
      • Strong business acumen and ability to understand analysis/reporting and interpret data to make actionable business decisions and recommendations.
      • Strong project management skills and the ability to influence a wide variety of contributors and stakeholders.
      • Highly proficient in Excel and PowerPoint.
      • A curious nature with a desire to understand our product category and sales strategies
      • Highly organized with ability to manage time, priorities, and multiple deadlines in a fast-paced environment.
      • A tech-savvy nature with a strong comprehension.
      • Strong written and verbal communication skills.

Keywords: Dent Wizard, Cicero , Manager of Pricing, Executive , Cicero, Illinois