What are the responsibilities and job description for the Pricing Manager position at The Timken Company?
What Timken makes possible begins with you.
Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what's next.
A career at Timken means you can have an immediate impact doing Work That Matters to the world- improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what's possible in their world of motion.
Purpose of Position
The Pricing Manager is responsible to drive pricing execution, process compliance and provide leadership to the pricing team for both distribution and OEM sales channels. This position requires strong analytical skills with an attention to detail. The Pricing Manager also requires the use of advanced analytics such as predictive pricing to support strategic marketing initiatives.
Essential Responsibilities
- Drive Strategy Execution : Ensure adherence to the "cradle to grave" pricing strategy across various customers and channels.
- Price Guidance Management : Input and validate pricing guidance, ensuring compliance with business rules and regional strategies.
- Global Coordination : Oversee and coordinate global quotes across pricing leads to ensure consistency and accuracy.
- Team Performance : Drive and manage team performance related to quotes, ensuring timely and accurate pricing execution.
- Agreement Management : Execute on-time price agreement renewals, long-term agreements (LTAs), and material recovery models.
- Day-to-Day Execution : Manage daily pricing activities at the regional / FEU level, ensuring all pricing processes are followed effectively.
- Regional Strategy Alignment : Collaborate closely with business managers and regional leadership to align pricing strategies with regional goals.
- Process Improvement : Identify and report process gaps and work on resolving them to enhance efficiency..
Qualifications / Skills :
All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran / military status or any other basis protected by applicable law.
The Timken Company, a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. The company posted $4.8 billion in sales in 2023 and employs more than 19,000 people globally, operating from 45 countries. Timken is one of the World's Most Innovative Companies, according to Fast Company, and has been recognized among America's Most Responsible Companies and America's Greatest Workplaces for Diversity by Newsweek, the World's Most Ethical Companies® by Ethisphere and America's Most Innovative Companies by Fortune.
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