What are the responsibilities and job description for the Pricing Manager position at Thrive Foods?
Job Title: Pricing Manager
Department: Finance
Reports to: Director of Finance
Location: Onsite, Hybrid or Remote, depending on location: Texas, Wisconsin, or Utah (must reside in one of these states)
Pricing Manager is responsible for the implementation of strategic, tactical, and operational pricing initiatives.
Essential Functions Include:
- Developing and implementing pricing strategies that enhance profitability
- Working closely with other teams to closely track movements in costs
- Monitoring and reporting on pricing performance and competitiveness
- Analyzing price change requests from the sales team by evaluating margin impact, potential incremental volume, and competitor price levels
- Assist in creating promotional campaigns, and conducting pricing optimization and cost-benefit analysis
- Developing pricing proposals for new products and services
- Tracking market trends and keeping up to date on prices set by competitors
- Collaborating with product, sales, and finance teams on pricing decisions
- Staying updated with pricing best practices and market dynamics
- Responsible to work with sales on pricing analysis, strategies, margin management, etc.
- Coordinate a pricing committee to propose and obtain approval for customer pricing and pricing actions.
- Other duties as assigned
Qualifications Include:
- Bachelor's degree in Business Administration or a related field
- 5 years’ experience in a similar role including solid exposure to managing pricing processes, implementing pricing initiatives, and creating pricing process documentation
- You possess a strong understanding of pricing strategies and concepts
- You have excellent communication, negotiation, and stakeholder management skills
- You possess strong analytical skills, are comfortable dealing with numerical data, and have strong attention to detail
- Ability to travel up to 10%
Physical Requirements - Must be able to perform the following functions with or without accommodations:
- Consistent and reliable attendance
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.