Manager, Pricing Strategy

Baxter International Inc. • Deerfield, IL

1d • $112,000 - $154,000 • Hybrid

About The Position

The Manager, Pricing Strategy will be responsible for developing and implementing pricing strategies for spare parts and services across the globe, leveraging a strong understanding of value-based accounting principles. This role requires a unique blend of analytical, business acumen, and collaboration skills to drive revenue growth and profitability.

Requirements

• Bachelor's degree in Business Administration, Finance, Economics, or related field
• 5+ years of experience in pricing, finance, or a related field
• Strong understanding of value-based accounting principles and their application in pricing decisions
• Proven analytical and problem-solving skills, with ability to interpret complex data and drive insights
• Excellent communication and stakeholder management skills, with ability to present complex information to senior leadership and other stakeholders
• Strong business acumen and understanding of global markets and competitors
• Proficiency in Microsoft Office, particularly Excel, and ability to learn new tools and technologies
• Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

Nice To Haves

• Certification in pricing or finance, such as CPM or CFA preferred
• Experience working in a global organization, with knowledge of international markets and competitors
• Familiarity with pricing software and tools, such as pricing analytics platforms

Responsibilities

• Develop and implement pricing strategies for spare parts and services, aligned with company goals and objectives
• Conduct market research and competitor analysis to inform pricing decisions and develop total cost of ownership models
• Collaborate with cross-functional teams, including sales, marketing, and product management, to ensure pricing strategies are aligned with business objectives
• Apply VBA principles to drive pricing decisions, ensuring alignment with company financial goals
• Develop and maintain pricing models that accurately reflect the value of spare parts and services
• Analyze and interpret financial data to inform pricing decisions
• Develop and maintain pricing dashboards and reports to track key performance indicators (KPIs)
• Analyze sales data, customer behavior, and market trends to identify pricing opportunities
• Provide data-driven insights to inform pricing decisions and drive revenue growth
• Collaborate with internal stakeholders, including sales, marketing, and product management, to ensure pricing strategies are aligned with business objectives
• Develop and maintain relationships with external stakeholders, including customers and suppliers
• Communicate pricing strategies and results to senior leadership and other stakeholders
• Identify opportunities to improve pricing processes and workflows
• Develop and implement process improvements to increase efficiency and effectiveness
• Collaborate with cross-functional teams to implement process changes

Benefits

• Medical and dental coverage that start on day one
• Insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance
• Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount
• 401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching
• Flexible Spending Accounts
• Educational assistance programs
• Paid holidays
• Paid time off ranging from 20 to 35 days based on length of service
• Family and medical leaves of absence
• Paid parental leave
• Commuting benefits
• Employee Discount Program
• Employee Assistance Program (EAP)
• Childcare benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Manager