Pricing Specialist

Eaton Corporation•Mississauga, ON

5d•CA$82,000 - CA$102,000•Onsite

About The Position

Eaton’s Electrical sector is currently seeking a Pricing Specialist to join our team. This position is based at our Mississauga, ON facility and offers benefits from day one. The Pricing Specialist supports the Division’s profitability goals. The Pricing Specialist partners with the product managers to ensure that the Division’s products are appropriately priced in the various sales channels, balancing the need for revenue growth and profitability in the context of the Divisions product strategies and relative competitive position. The Pricing Specialist will own and advance the various pricing platforms and develop strong working relationships with Product Marketing, Finance, Sales, IT and Division Management. In addition, the incumbent will work with Eaton pricing leaders in other divisions and at the Electrical Sector level to identify and implement better practices in all areas of pricing.

Requirements

Bachelor's degree or Diploma from an accredited institution
1 year minimum experience in Business to Business (B2B) price management
Demonstrated advanced Microsoft Excel skills
No relocation assistance is provided
Legally authorized to work in Canada without company sponsorship now and in the future

Nice To Haves

Experience with the following software applications; QlikView, Business Intelligence, statistical and modeling software
Demonstrated use of strategic pricing and pricing simplification techniques
Demonstrated critical thinking abilities
Possess an analytical and problem-solving mindset
Demonstrated business acumen
Strong communication skills

Responsibilities

Elevate the pricing maturity of the division’s pricing process by incorporating advanced pricing methods, systems, best practices and technology where appropriate.
Own, evolve, and introduce digital platforms related to pricing that are aligned to the organization’s pricing maturity progression.
Provide pricing expertise to the division product teams to enable price optimization.
Research, identify and support pricing strategies for new product launches and present recommendations to divisional leadership to support business decisions.
Monitor Division profitability forecasts, inflation and other cost drivers (e.g., tariffs, supplier changes, etc.) and proactively initiate pricing actions to offset margin risks or capitalize on opportunities.
Lead Division execution of General Price Increase (GPI) including setting targets coordinating market communications with division sales teams, and measurement of yield.
Lead price improvement projects in the division including implementation of pricing software and tools, profit waterfall projects, mix improvement, low margin opportunities, etc.
Be the central repository for competitor pricing actions and strategies.
Leverage Sector and other divisional pricing leaders, as well as outside sources, to implement best practices in all areas of price management.
Be the “Go to” person for all pricing related questions and challenges in the Division.
Train sales and product marketing teams on value pricing techniques and strategies including for new technologies and products.
Evaluate and continuously improve how prices are structured and delivered to customers, balancing Division profit goals with customer responsiveness and ease of doing business.
Evaluate and disposition sales and customer requests for quotations, special pricing requests and contractual pricing, taking into consideration product pricing strategies, relative competitive position, division growth objectives and margin requirements.
Monitor division pricing service level agreements requests.
Develop actionable analysis and reports for division management and Sales.
Maintain pricing metrics and communicate to leadership what is impacting monthly price performance.