Pricing and Promotion Manager

Midea•Parsippany-Troy Hills, NJ

1d•Hybrid

About The Position

Midea America Corp. is a U.S. subsidiary within Midea Group, the Fortune 500 giant known for making life easier for millions around the globe. As the world’s top maker of home appliances, Midea is proud of its 166,000+ employees and presence in 200+ countries, including here in the U.S. Headquartered in Parsippany, N.J., with an innovation hub in Louisville, Kentucky, Midea America is dedicated to providing practical innovations that surprise and delight, creating moments to cherish at home. Midea's lineup of appliances - from refrigerators to air conditioners, laundry solutions and floor care - are high quality, reliable, and affordable. By thoughtfully engineering performance, convenience, and design into every product, Midea delivers on the promise of every appliance to make your life a little easier. Position Overview: • This key role within the PP&T (Pricing, Promotion, and Trade Investments) Team focuses on pricing execution and promotion planning . • The Pricing and Promotion Manager partners closely with Product Marketing, Sales, and Finance to drive top-line growth and profitability. • This role involves developing and executing pricing strategies, analyzing market trends, and providing meaningful insights for improvements. • The successful candidate will also contribute to long-term strategic price promotion and trade terms planning while ensuring compliance with company guidelines and local regulations.

Requirements

Bachelor’s degree in business, Finance, Economics, Mathematics or related discipline.
Minimum 6 years in Pricing and Promotion in Home Appliance or Consumer Electronics industry
Experience working across multiple levels and functions of an organization
Self-motivated and detail oriented with the ability to perform well in a fast-paced and changing environment
Pricing strategy, financial analysis, Revenue management, Promotion planning, Competitive analysis
Advanced Excel skills required
Comfortable attending offices Monday through Thursday, working from home on Fridays.

Nice To Haves

Home Appliance industry experience is preferred

Responsibilities

Develop and execute standard pricing across all product categories and channels
Partner with Product teams to develop appropriate price positioning within category value tiers
Ensure price positioning is properly aligned with brand identity and relative to competitive set within the marketplace
Evaluate pricing requests based on internal standards and guidelines
Develop and execute promotion calendar across all product categories and channels
Collaborate with Product Marketing teams to develop long-term promotion calendar strategy
Collaborate with cross-functional teams to develop promotion plans and assess the cost of trade investments
Analyze the impact of pricing on volume and profitability, incorporating models for investment scenarios and potential pricing/promotion adjustments
Partner with Sales Team to refine customer/channel specific promotional strategies
Ensure pricing and margin rates across channels are aligned with broader pricing strategies and financial goals