Director of Pricing
About The Position
MPS is seeking a talented Director of Pricing. The Director of Pricing will be responsible for developing and implementing strategic pricing initiatives to optimize profitability, enhance market competitiveness, and support long-term growth objectives. This individual will lead a team of pricing professionals, work cross-functionally with sales, marketing, finance, and product management, and utilize data-driven insights to set pricing strategies for a portfolio of products. The Senior Pricing Director will also ensure pricing processes align with company objectives and remain agile in response to evolving market trends. This role is based in our Fort Mill, SC Office.
Requirements
- Bachelor’s degree in business, Economics, Finance, or a related field
- 10+ years of experience in pricing, revenue management, or financial analysis
- 5+ years in a senior leadership role
- Strong understanding of pricing strategies and competitive dynamics within manufacturing environment.
- Proficiency in data analytics tools (e.g., Excel, Tableau, SQL), pricing software, and ERP systems.
- Demonstrated success leading teams and driving cross-functional collaboration.
- Excellent quantitative and analytical abilities, with a focus on data-driven decision-making.
- Strong interpersonal, communication, and presentation skills, with the ability to influence senior leadership and cross-functional teams.
Nice To Haves
- MBA or advanced degree preferred
- Previous experience in utility or telecom markets
- PowerBI Experience a Plus
- Comfortable Navigating Large Business ERP (SAP, JD Edwards, etc.)
- Experience with Pricing Analytics Software
Responsibilities
- Lead the creation of pricing models and strategies that enhance revenue growth, align with market trends, and optimize profit margins across all product lines.
- Conduct thorough market research and competitive analysis to identify pricing opportunities and risks, responding to shifts in the market landscape.
- Partner with sales, finance, product management, and marketing teams to set and communicate effective pricing strategies that support business goals and customer needs.
- Oversee the deployment of pricing strategies, ensuring they are communicated clearly across the organization and reflected accurately in sales channels and systems.
- Manage annual price renewal process.
- Utilize pricing analytics to drive decisions, monitor performance, and provide regular reporting on pricing effectiveness, profitability, and market competitiveness.
- Manage, coach, and develop a team of pricing analysts and managers, fostering a high-performance, collaborative culture.
- Ensure all pricing activities adhere to legal, compliance, and ethical guidelines; mitigate risks associated with pricing decisions.
Benefits
- Competitive compensation package
- Bonus potential based on company performance
- Dynamic work environment that encourages creativity, innovation, and professional growth
- Comprehensive benefits package including Medical, Dental, and Vision
- 401k with employer match
- Employer-paid disability
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What This Job Offers
Job Type
Full-time
Career Level
Senior
