Pricing Manager Job Description
Pricing manager
provides costing and pricing support to include customizing MS Excel costing templates, preparing pricing summary sheet including work-breakdown structure (WBS) mapping, providing historical cost data and general finance support to the quote manager.
Pricing Manager Duties & Responsibilities
To write an effective pricing manager job description, begin by listing detailed duties, responsibilities and expectations. We have included pricing manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Work closely with the Finance group to manage and provide pricing analytics support to the Parts Sales and Category Management teams
Ensure the appropriate Finance, Accounting, Tax, IT and Legal resources are engaged during the implementation phase of the national initiatives
Conduct extensive analysis of pricing functionality and settings customer behavior related to pricing to improve existing strategies and policies using advanced research, programming, and quantitative skills
Develop and maintain automated reporting
Also
Collaborate with product management to understand each product line's pricing strategy
Conduct in depth quarterly review of the business and perform analysis
Provide recommendations anchored in solid financial, consumer and market insights
This group is highly visible in the organization and candidate must be able to present results and translate statistical and business terminology to senior members of management and the client groups that the team supports
Managing the process of setting list prices and their adjustments each year
Pricing Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Pricing Manager
List any licenses or certifications required by the position: CPA, PMP, W8BENE, FATCA, MBA, DBIA, CCM, PMI, APICS, SD
Education for Pricing Manager
Typically a job would require a certain level of education.
Employers hiring for the pricing manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, MBA, Economics, Marketing, Accounting, Education, Engineering, Statistics, Business/Administration
Skills for Pricing Manager
Desired skills for pricing manager include:
FAR
Excel
MS Excel
Finance
Finance and accounting practices
Financial analysis and computer modeling techniques
SQL
PowerPoint
PRIME pricing system highly desired
Internal controls and financial reporting
Desired experience for pricing manager includes:
Bachelor's degree in a quantitative discipline (ex
A strong practical knowledge of commercial lending products and pricing tools
Knowledge of the Basel Capital Accord and commercial transfer pricing methodologies would be an asset
Ability to work with large sets of data, and extract actionable insights
Self-motivated, demonstrates a ‘sense of urgency’ in their work
Strong teamwork orientation and proven leadership capabilities
Pricing Manager Examples
1
Pricing Manager Job Description
Job Description Example
Our innovative and growing company is looking for a pricing manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing manager
- Implement best practices, risk mitigation, risk controls process, policy and procedures for the actuarial function
- Understand Merchandise financial plans and impact of markdowns to overall margin
- Coordinate with the proposal team on strategic issues involving proposal budgets
- Develops, evaluates and implements complex pricing strategies and models based upon current business and competitive market dynamics
- Coordinates changes to pricing models/tools
- Maintains pricing models to include model changes, custom fund list(conversion, maintenance, formatting), extensive testing, and fee schedule changes
- This role will also have responsibility for strategic business analysis to assess internal/external revenue growth opportunities, develop solutions to enhance value to our customers and to the bottom-line
- Provides leadership on revenue matters across the organization, both within Canada and Corporate organization
- Perform Enhancements and defect resolution will be required on an ongoing basis
- Develop data insights into what competitors include in marketing assets on weekly basis and how these correlate with Sears/Kmart marketing assets
Qualifications for pricing manager
- MBA degree in marketing or related field is required
- Spoken and written fluency in English and Spanish, OR Brazilian Portuguese
- A minimum of 5 years’ experience in leading consumer research and marketing analysis for top companies
- A minimum of 3 years’ direct experience with the Latin American market
- Ability to be effective and equally conversant in business and financial terminology
- Proven analytical skills and ability to uncover information in big data
2
Pricing Manager Job Description
Job Description Example
Our company is looking to fill the role of pricing manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for pricing manager
- Support management of governance process and/or overall current process on how offers, coupons and promotions are brought to market in order to reduce offer stacking and create better insights into promotional effectiveness
- Develop reporting on ROI by item/BU to better understand promotional effectiveness
- Use computer-intensive data mining techniques (decision trees, cluster analysis) across multiple part categories to create margin enhancement
- Supervision of 7 individuals
- Serve as primary point of contact on developing the pricing and deal structure for multiyear, multimillion dollar wholesale MVNO and M2M opportunities
- Negotiate pricing and financially related contract terms and conditions directly with customers
- Ensure all relevant stakeholder issues have been vetted, including the identification of required systems enhancements, confirming that appropriate account management processes and resources are available, resolving any accounting and reporting procedures, and demonstrating that an opportunity is sufficiently profitable and viable
- Understand emerging technologies and their potential impact on pricing
- Understand the competitive environment and competitor’s capabilities
- Analyze the profitability of initiatives through the creation of business cases
Qualifications for pricing manager
- Previous regional pricing and costing experience
- 7 years of experience in an Actuarial function (Property & Casualty)
- Previous leadership (with direct reports)
- Experience with Predictive Modeling is an asset
- Ability to work effectively during periods of stress and to make difficult decisions
- Involves long periods (6 or more hours) of sitting at a computer/desk working with a computer monitor, keyboard, mouse and telephone
3
Pricing Manager Job Description
Job Description Example
Our growing company is hiring for a pricing manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for pricing manager
- Recommend and/or initiate disciplinary, developmental, and personnel actions, promotions, transfers, salary increases, This department will be a high functioning analytical team that will be a talent pool for other areas
- Resolve complex customer concerns through appropriate levels
- Utilize advanced analytics to identify top line margin leakage
- Strong commercial awareness to inform tactical & long-term decision making
- Outstanding ability to analyse complex problems and deliver insightful and practical solutions
- Excellent stakeholder management skills & experience working cross-functionally
- Self-starter, highly motivated & driven
- Monitor price deviations and discounts and present recommendations for improvement
- With guidance from manager, define business issue & develop volume and profit implications with appropriate analytic information plan
- Support senior managers’ efforts to lead business situation assessment fundamentals within the BU and customers on an on-going basis inclusive of ad hoc analytics and presentation development
Qualifications for pricing manager
- Strong program management skills with an emphasis on resourcefulness
- Ability to manage stress - many competing priorities and tight deadlines
- Strong financial/analytical skills – accuracy, thoroughness, attention to detail
- Ability to deal with ambiguity - creative thinking and modelling skills
- In-depth knowledge of facility management operations and service delivery
- Undergraduate degree in business, economics, or math
4
Pricing Manager Job Description
Job Description Example
Our growing company is looking to fill the role of pricing manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing manager
- Defines jointly with the Surgical Business Unit and Finance the Pricing Framework in coordination with EMEA and Global, orchestrates its implementation and ensures its regular update
- Monitors jointly with Finance the implementation of the pricing framework (KPIs, price realization, compliance with pricing framework)
- Lead cross-functional Quarterly reviews on performance to create ability to react
- Create ‘Best in Class’ guidelines to help simplify in-market monitoring and clarify decision making
- Work closely with LED leadership to design and improve regular (weekly/monthly) price reporting and tracking mechanisms
- Leader in developing, improving and executing processes to ensure price discipline across LED
- Continuously strive for improved price performance through the development of tools, policies, and procedures
- Outstanding process orientation, must regard all activities as processes that can be continuously improved
- Ability to multi-task and deal with complex organizations and systems
- Optimization and growth of sales, margins, gross profit, inventory turnover and inventory yield
Qualifications for pricing manager
- Minimum of 3 years of relevant pricing experience in a B2B and B2C environment
- Comprehensive understanding of pricing techniques and methodology
- Ability to define pricing problems strategically, developing credible business cases, and communicating rationale to senior management
- Ability to work and deliver under strict deadlines
- Ability to travel internationally to developing countries on short notice
- Strong analytical skills with ability to understand and interpret data being able to present data in a compelling manner
5
Pricing Manager Job Description
Job Description Example
Our company is searching for experienced candidates for the position of pricing manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing manager
- Develop new strategies for improving inventory yields and turnover
- Development of programs to improve store presentation and merchandising
- Preparing and presenting recommendations for price and line-up changes for existing offerings evaluating new product features and new offerings based on value and competitive positioning
- Manages departmental support of Sales Management in modeling revenue and/or margin opportunities
- Provides oversight and maintenance of appropriate controls and Sarbanes Oxley requirements
- Engages with Merchandising and Sales management to develop and deploy programs geared towards driving ORS Nasco strategic goals and initiatives
- Identifies revenue and margin opportunities and executes processes geared towards optimizing work flows
- Resolves customer issues when necessary
- In depth understanding of other commodities, particularly bulk commodities
- Qualify large project opportunities while leading and guiding the strategic direction
Qualifications for pricing manager
- Project planning and management experience leading cross-functional teams to successfully implement enterprise wide initiatives
- Proven change management experience – has successfully worked on projects / initiatives that have required substantial change and has been a part of managing how that change will occur
- Team leadership experience – has led projects / initiatives involving cross-functional teams
- Support the successful development, tracking, operation and growth of key performance indicators for the projects while collaborating with various channel owners and business units to ensure that the in-store, online business unit, operational support teams and other action owners are leveraging acting on business results/member insight
- Utilize process management skills and lean processes to quickly and efficiently deploy improvements to processes and experiences
- Demonstrated ability in driving change