Thomson Reuters is seeking a Pricing Director – Strategic Initiatives to join our team to develop and implement price optimisation strategies across the company. Reporting into the VP Pricing, the Pricing Director will support the creation of a Pricing Centre of Excellence (CoE) focused on developing high impact price management strategies and frameworks to drive business revenue and margin growth across the customer lifecycle, from acquisitions to renewals. As part of the Commercial Excellence organization, this director will develop the evolution of price management and execution methodologies to support TR’s growth strategy. The director will be responsible for developing the future pricing systems roadmap and requirements as well as leading the initiatives to optimise current price to order journeys. You will bring deep pricing expertise, and business judgement to pricing discussions. In addition, you will establish modern pricing models & best practices to support TR’s transformation to a digital company.

About the Role

In this opportunity as Pricing Director – Strategic Initiatives, you will:

• Develop strategic pricing recommendations to develop frameworks and policies to establish best in class end to end price management.
• Lead and develop the processes to simplify and standardise price & discounting tables enterprise wide and develop strategies to effectively manage & maintain these price tables.
• Lead the research effort to optimise the price to quote journey through standardisation and automation and work across functions to improve usage of current systems.
• Develop both the short-term roadmap and longer-term vision to maximise impact of current pricing systems and identify requirements for future enhancements to pricing system requirements.
• Develop programs and initiatives to grow/defend margin and avoid margin leakage and implement programs to improve price execution and pricing controls.
• Responsible for leading strategic pricing initiatives and serve as the pricing thought leader to develop pricing strategies and execute for high value impact.
• Develop metrics to measure the effectiveness of price changes and policies and implement continuous pricing optimisation plans.
• Advocate global best practice pricing tools and practices. Develop and promote business cases for investment in pricing in Thomson Reuters

About You

You’re a fit for the role of Pricing Director – Strategic Initiatives if your background includes:

• Experienced B2B pricing leader with 7+ years of pricing experience
• Experienced in managing pricing decisions, enabling repeatable pricing strategies, optimising price execution, and defining price research and systems requirements.
• Experienced in pricing operations.
• Proven track record of leading pricing efforts in technology intensive industries with demonstrated expertise in pricing strategy formulations.
• Able to identify and develop solutions to complex cross-functional challenges from a strategic and operational perspective.
• Ability to influence various stakeholders, including senior management, by communicating clearly and persuasively.

What’s in it For You?

You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

• Hybrid Work Model: Currently the majority of our employees are working within a hybrid environment consisting of in-office and remote work, and following local COVID-19 bylaws and guidelines.
• Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more
• Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: company-wide Mental Health Day Off; Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing
• Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking
• Social Impact: Eight employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact
• Purpose Driven Work: We have a superpower that we’ve never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.

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Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

We are powered by the talents of 25,000 employees across more than 75 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.

Accessibility

As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.

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More information about Thomson Reuters can be found on https://thomsonreuters.com.