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Pricing Manager
Msi Recruiting Boca Raton, FL
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$78k-100k (estimate)
Full Time 4 Days Ago
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Msi Recruiting is Hiring a Pricing Manager Near Boca Raton, FL

The Pricing Manager is accountable for researching, analyzing and providing best advice to support and develop short range and medium-range food and general merchandise business strategies, with a particular focus on Pricing & Promotions. The role monitors competitive price indexes for each market and implements pricing strategies. The Pricing Manager facilitates business strategies that provide the company the opportunity to better serve its customers with pricing and promotions that articulate our value proposition while creating a clear competitive advantage to both local and distant competitors. This role provides leadership and direct managerial oversite to the brand Data Entry Specialist.

Key Accountabilities:

Accountable for supervising the department(s) Data Entry Specialist

o Monitor performance of assigned tasks of reporting employees

o Train and develop reporting employees to meet department goals

o Train and develop reporting employees for department succession

• Make strategic decisions about setting and adjusting price levels in order to maximize gross margin dollars, increase revenue and sales volume

• Accountable for the oversight and communication of the daily pricing and promotional activities and reporting

• Accountable for providing financial forecasts associated with pricing initiatives, promotions, and

markdowns

• Accountable for supporting the promotional planning process

o Review of promotional analyses and forecasts

o Ensure promotions are in line with strategic guidelines and guardrails

o Enforce deadlines with cross-functional business partners

o Complete full in-depth post mortem analysis of CUL ads and promotional events

• Partner with Category Managers and Director of Sales Operations to flow through impact of pricing & promotional decisions into the total company P&L

• Evaluate reporting, data, and competition to ensure alignment with strategic goals and provide

recommendations for corrective and preventative actions

• Work with team to operationalize, streamline, and continuously refine processes and reporting

• Identify and analyze competition and recommend strategy

• Assist in the refinement of the long-term strategic plan

• Maintain and regularly update a pricing history database

• Manage total pricing procedures, enhance processes to make most of efficiencies, and ensure

timely response to market conditions

• Develop and implement data collection systems and other strategies that optimize the company’s efficiency and data quality

• Identify, analyze, and interpret trends or patterns in complex data sets

• Work closely with management to prioritize business and information needs

• Recommend quality metrics and ensure quality metrics are documented and tracked

• Provide support and analyses on ad hoc projects

Desired Skills & Experience:

• Minimum of a Bachelor’s Degree - Masters Business Administration or equivalent preferred

• Five years or more of relevant work experience

• Experience in Retail Pricing development and execution is required

• Excellent risk assessment, financial modeling, problem solving and analytical skills

• Exceptional planning and analysis (market research, statistical, management accounting and

financial) skill set

• Category management, marketing or merchandising experience is required

• Demonstrated ability to identify and capitalize on business opportunities and to create or play a key role in creating plans that are effectively executed

• Work Experience within Project Management field is considered an asset

• Strong customer service skills

• Impeccable attention to detail

• Strong time management

• High aptitude and resolve to achieve goals

• Ability to manage and lead process definition and implementations

• Ability to communicate complex concepts and influence senior management

• Ability to work independently and as a member of a team

• Ability to operate in ambiguous environments

• Ability to successfully manage multiple work streams simultaneously

• Excellent PC skills with emphasis on presentation and modeling (Excel, PowerPoint)

Job Summary

JOB TYPE

Full Time

SALARY

$78k-100k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

07/14/2024

WEBSITE

msirecruiting.com

HEADQUARTERS

Miami, FL

SIZE

<25

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If you are interested in becoming a Pricing Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Pricing Manager job description and responsibilities

Pricing Managers are responsible for ensuing cost accuracy, presenting cost revisions, updating the pricing history database, evaluating pricing actions efficiency, and responding fast to market conditions.

03/02/2022: Hopkinsville, KY

Pricing Managers highlight qualifications like accounting expertise, sales orientation, marketing experience, leadership, time management and computer competencies.

05/09/2022: Fairbanks, AK

Pricing Managers complete several tasks to come up with effective pricing strategies and market evaluations.

04/26/2022: Charlotte, NC

Pricing Managers help companies determine what to charge for their products or services by considering production and other costs to determine the price point to make a profit.

02/21/2022: Worcester, MA

Pricing managers and analysts join new teams with hopes of achieving great results and building their careers.

02/13/2022: Newport News, VA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Pricing Manager jobs

Centralized price decision-making authority on pricing manager job descriptions.

02/21/2022: Benton Harbor, MI

Customer-focused pricing & partnership.

03/13/2022: San Bernardino, CA

Excessive discounts and daily promotions.

03/20/2022: Danbury, CT

New business & revenue opportunities.

04/19/2022: Wichita Falls, TX

More systematic and number crunching.

03/13/2022: Killeen, TX

Step 3: View the best colleges and universities for Pricing Manager.

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