Area Pricing Director

WMFranklin, TN
Onsite

About The Position

Responsible for the development and execution of all price management strategic goals for the Area, including core price, in accordance with Corporate guidance. This role owns the Area pricing plans completely, including core price and yield goals, and drives execution to exceed expectations. It develops Price Management as a strategic capability by maintaining focus and ensuring proper resource allocation within the Area. The Area Pricing Director collaborates with Area Sales Director, Public Sector Manager, M&I Director, and Area Vice President on profitable revenue growth strategy for the Area. They work closely with the Corporate Price Management team to develop pricing strategies and implementation plans, and directs the execution of such plans. This role counsels other Area directors and managers as to execution of pricing programs, including alignment and impact on other department goals with the ultimate goal of making the best decisions for the business. The Area Pricing Director directs and coordinates the implementation of emerging pricing tools and mentors pricing analyst talent to ensure execution of key initiatives and development of next generation talent within the Area. They lead profitability improvement efforts including customer profitability, route efficiency, and major contract reviews including those that involve capital investment. This role monitors and deciphers market conditions, pricing trends, and the effectiveness of pricing actions for opportunities to improve results. The Area Pricing Director is responsible for leading pricing improvement efforts for all facets of the business, utilizing experience and relationships in all lines of business. They manage the maintenance of all pricing tools and ensure adherence to pricing standards and approvals for new growth and retention pricing in the Area. Additionally, they develop the revenue budget in a timely manner, forecasting financial and human resource needs for future time periods, and validate pricing assumptions to support the revenue analysis and budgeting process as required.

Requirements

  • Bachelor's Degree, or equivalent experience, in Finance, Business Administration or similar area of study.
  • 7+ years of previous Pricing or Revenue Management experience including at least three years managing team of 2 of more individuals.
  • Demonstrated Performance Leadership potential including ability to influence up, down, and across the organization
  • Proven track record of consistently delivering quarterly core price results
  • Strong written and verbal communication skills
  • Proactive initiative to drive price growth opportunities in the Area
  • Demonstrated ability of hiring and developing talented individuals both within pricing and/or throughout the Area
  • May require understanding of the link between operations and financial outcomes, and the ability to make sound business decisions based on seasoned financial analysis.

Nice To Haves

  • Master's Degree, or equivalent experience, in Finance, Business Administration or similar area of study, and 10 plus years of previous Pricing or Revenue Management experience.

Responsibilities

  • Owns the Area pricing plans completely, including core price and yield goals, and drives execution to exceed expectations.
  • Develops Price Management as a strategic capability by maintaining focus and ensuring proper resource allocation within the Area.
  • Collaborates with Area Sales Director, Public Sector Manager , M&I Director and Area Vice President on profitable revenue growth strategy for the Area.
  • Works closely with the Corporate Price Management team to develop pricing strategies and implementation plans, and directs the execution of such plans.
  • Counsels other Area directors and managers as to execution of pricing programs, including alignment and impact on other department goals with ultimately goal of making the best decisions for the business.
  • Directs and coordinates the implementation of emerging pricing tools.
  • Mentors pricing analyst talent to ensure execution or key initiatives and development of next generation talent within the Area.
  • Leads profitability improvement efforts including customer profitability, route efficiency, and major contract reviews including those that involve capital investment.
  • Monitors and deciphers market conditions, pricing trends, and the effectiveness of pricing actions for opportunity to improve results.
  • Responsible for leading pricing improvement efforts for all facets of the business, utilizing experience and relationships in all lines of business.
  • Manage maintenance of all pricing tools and ensure adherence to pricing standards and approvals for new growth and retention pricing in the Area.
  • Develops revenue budget in a timely manner, forecasting financial and human resource needs for future time periods.
  • Validates pricing assumptions to support revenue analysis and budgeting process as required.

Benefits

  • Medical
  • Dental
  • Vision
  • Life Insurance
  • Short Term Disability
  • Stock Purchase Plan
  • Company match on 401K
  • Paid Vacation
  • Holidays
  • Personal Days
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