Pricing Manager Specialties

BrenntagWayne, MI
Onsite

About The Position

The position of Pricing Manager oversees the administrative process of cost and price maintenance to ensure accuracy, timeliness, and alignment with business goals. The Pricing Manager is responsible for assuring item level cost and price records are properly maintained. As manager, monitor team workload balance and expand individual and team capability. This role blends strategic pricing leadership with operational administration, with emphasis on collaboration with accounting, sales, and industry marketing teams.

Requirements

  • Bachelor’s degree in Finance, Business, Economics, Accounting, Marketing, or a related field
  • Minimum 5 years in pricing, finance, or contract administration and supervision of multi-member team
  • Advanced Excel, SQL, statistical modeling, pricing software, market analysis, compliance, and strong communication skills

Nice To Haves

  • Proficiency in MS Office Suite (Word, Excel, PowerPoint) and Power BI
  • Pricing administration and contract management experience
  • Understanding of GAAP, compliance, and regulatory requirements
  • Ability to work in a fast-paced, cross-functional environment

Responsibilities

  • Manage cost and price administration processes, including recordkeeping, compliance, and internal procedures, ensuring accuracy and adherence to policies.
  • Monitor transactional cost and price relationship assuring supplier and customer level financial results are accurate.
  • Collaborate with Commercial team to evaluate, recommend, and improve pricing strategies for products or services, ensuring alignment with financial targets, market competitiveness, and customer satisfaction.
  • Recommend use of Excel and other tools to provide access to price quote data. Assist in development of future quote applications ensuring alignment with ERP to achieve accurate master data and transactional data population.
  • Capture all supplier contract costs, supplier supported costs and rebates and customer contract prices in ERP to ensure accurate financial reporting.
  • Provide Commercial team with pricing analytics to monitor quote price effectiveness, customer churn, and margin attainment.
  • Support Key Account team price process, assuring current practices meet evolving requirements set forth by KA team.
  • Assess current process for efficiency and effectiveness of meeting administrative needs.
  • Lead and mentor pricing analysts or administrators, setting priorities and guiding performance.
  • Support ad-hoc pricing initiatives, promotions, and special projects as needed.

Benefits

  • Individual development, on-the-job training, and development programs designed to help our employees grow in their careers.
  • Paid parental leave
  • Education assistance program
  • Employee assistance program
  • Various healthcare plan options
  • 401(k)
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