Job description
POSITION SUMMARY:
The Commercial Pricing Manager is responsible for the analysis and oversight of the pricing reporting & analysis process. This includes a strong partnership with the commercial, operations, supply chain and finance functional groups to determine the optimal scenarios to go to market with product. This position will act as the gatekeeper of all pricing on new and existing products and will present recommendations on competitive pricing.
MAIN POSITION RESPONSIBILITIES:
- Understand Purchase Price Index (PPI) and Price Adjustment Formula (PAF) mechanisms and determine best course of action when preparing annual increases/adjustments
- Provide regular and ad hoc pricing analysis and reporting for management.
- Work with Commercial Leadership to develop and implement product price strategies including segment strategies for the various markets and channels.
- Review and make recommendations on existing pricing.
- Prepare multi-year cost/pricing models to include labor, materials, subcontracts, and travel and write descriptive pricing volumes.
- Requires an understanding of indirect cost pools, forward pricing projections, bid multiplier rate analysis etc. Align cost index/escalations to PAF mechanism.
- Analyze pricing strategies and review contracts to fully understand execution of agreements.
- Establish a system of documentation, communication and review of internal and external comparative price data, including wins and loses due to price.
- Perform pricing analysis to support key business initiatives as required.
- Coordinate with Commercial Business Analyst to perform monthly analysis of existing transactional level data to identify price/margin erosion and assist sales, operations and supply chain/planning teams in constructing and implementing solutions.
- Take initiative in identifying and resolving issues around pricing.
EMPLOYEE QUALIFICATIONS:
Requires a bachelors degree and 5-10 years of experience in finance, pricing, commercial or other related areas.
Preferred MBA
Proficient in Microsoft Office products.
Strong analytical and problem-solving skills and attention to detail.
Requires a bachelor's degree and 5-10 years of experience in finance, pricing, commercial or other related areas. Preferred MBA Proficient in Microsoft Office products. Strong analytical and problem-solving skills and attention to detail.
jjbodyshop.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, jjbodyshop.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, jjbodyshop.com is the ideal place to find your next job.