Pricing Manager

Requisition ID: 14359 

A Career in Beer:  #CDC
Coors Distributing Company (CDC) is one of the nation’s leading beer distributors based out of Denver, CO. We are the critical link between our brewery suppliers that produce the beer and the retail outlets where they are sold, as well as the restaurants and bars where they are consumed. We were founded in 1971 and became a MillerCoors LLC in 2008 as part of the joint venture between Miller Brewing Company and Coors Brewing Company, and we remain the only company owned distributor for Molson Coors Beverage Company. Major brand acquisitions occurred in January of 2010 making Coors Distributing Company one of the top 25 largest beer distributors in the country with over 30 suppliers, roughly 14 million cases per year, and nearly 400 employees.

The Headlines: 

In the role of Pricing Manager working in Denver, CO you will be part of the Finance team. This person will be responsible for providing financial, tactical, and strategic pricing guidance to CDC through structured analysis and review for all brands, packages and services. This includes the financial planning and monthly cause of change by supplier margin results, review of proposed promotional deals, new product setup and liaison with all suppliers to ensure CDC pricing strategy in the market and drive increased Gross Profit.

This position reports to the Controller and works closely with the Finance Pricing, Purchasing, and Sales Support groups, and external suppliers.

The Responsibilities:

• Directs and oversees all aspects of pricing by ensuring CDC goals of: competitive market pricing, profitability, market share growth, and customer satisfaction are achieved via accurate system pricing
• Responsible for all people-management related processes for Pricing Analysts including: staffing, performance management and discipline, communications/team meetings, etc.
• Ensures accuracy of front-line prices, discounts, FOB rates, and supplier rebates by brand and package within VIP and to the General Ledger; Gross Sales of $308M, discounts of $32M, and rebates of $16M
• Develops proposals for GPI for up to 30 suppliers and communicates with Suppliers and Sales Team for timely input and execution of agreed GPI; Executes and then analyses GPI to confirm projected margin gain
• Conducts monthly review of rebate claims booked vs. credits received procedure by supplier to ensure accurate and timely completion of account reconciliations, including follow up on outstanding issues noted on log report
• Leads approval process for pricing and promotional deals. Ensures pricing and promotional deals are correctly set up with suppliers for their participation and that all information matches monthly pricing packet and is uploaded to handhelds for consistent retail selling
• Work with Sales Dept. to document, review, and gain approval of new promotional pricing. Which needs immediate attention to maintain marketplace competitiveness
• Performs monthly margin & mix analysis in support of financial results distribution. Create period close JE for allowance receivable and review JE submission from Pricing Specialist prior to upload to GL for approx. $1.33M per month; ensure timely follow up for any supplier discrepancies to amounts booked
• Other duties as assigned

The Other Qualifications: 

• You have a bachelor’s degree from an accredited college or university; required
• You have a minimum 5-10 years of experience in Pricing Department or Accounting with an emphasis on margin analysis; experience in the wholesale beverage industry, preferred
• You have excellent written, verbal communication and interpersonal skills; must be able to communicate professionally with all levels of the organization
• You are detail oriented with a focus on accuracy
• You have strong organizational and time management skills; ability to prioritize work assignments in a fast-paced environment
• As part of the recruitment process, the candidates will be required to provide consent to complete a criminal background check

Work Perks that You Need to Know About: 

• You will have benefits starting on day 1! This includes participation in our Total Rewards program, parental leave, health, dental and vision
• Access to our on-site gym, Employee Assistance Program and discount plans, and gratis beer
• On-site bar and top events including hospitality twice a week for employees to get together and network with each other!
• Work within a fast paced and innovative company, meeting passionate colleagues and partners with diverse backgrounds and experiences

Job Posting Salary Range: $81,000 - $116,500 

At Molson Coors we seek diversity. Differing perspectives lead to challenging the expected, which keeps new ideas bubbling up. We’re an equal opportunity employer and invite applications from candidates from all backgrounds, race, color, religion, sex, sexual orientation, national origin, gender identity, age, disability, veteran status or any other characteristic. We take pride in celebrating our unique brew.

Salary : $81,000 - $116,500