Pricing Manager to support the Americas Commercial and Finance Organizations.
The pricing function, which is part of the FP&A team, is primarily responsible for pricing strategy, analytics, measurement, value pricing, governance & pricing execution across the organization.
This position reports directly to the Sr Director of Finance for the Americas, and indirectly to the Director of Pricing at corporate headquarters.
THIS IS A REMOTE POSITION
Responsibilities
Review, analyze, manipulate, and manage multiple data sources for all pricing analytics.
Develop foundational analytics comprising of pricing scorecard, price realization, stick rate, YOY revenue/margin bridge and profitability at regional levels with the ability to drill down to granular levels for all countries & product lines.
Utilize aforementioned analytics, competitive intelligence and understanding of foreign exchange dynamics to develop list price recommendations specific to countries and product categories.
Build deal models to optimize revenue, margin and pricing at account and/or product level
Develop pricing mentorship/corridors (hard floor, target, stretch price) for specific products lines and regions
Perform discount control analytics (peer group analytics) and identify areas of opportunity to reduce discount and improve margin.
Perform analytics for new products pricing including peer pricing, encouraged discount, competitive discount and pricing strategy (penetrate/neutral/skim).
Provide subject matter expertise on pricing strategy and executions, working closely with business partners within Finance, Sales, Product Management, and Marketing
Lead sophisticated pricing analytics and empower business partners to make data driven pricing choices; build and improve all kinds of pricing tools, models, and dashboards
Conduct market-based pricing activities such as price elasticity of demand, customer segmentation, and competitor analysis
Support the commercial promotions process, working closely with key stakeholders to design competitive promotions and facilitate leadership approval, implementation, and tracking of efficiency
Lead pricing reporting and performance reviews with the division and corporate leadership
Lead annual and ad-hoc price setting for existing and new products; Drive annual price increase process by analyzing pricing performance and aligning pricing strategies with division’s overarching business objectives
Drive pricing discipline across commercial teams, through regular trainings, workshops, and tracking and review of behavior changes
Lead pricing forecast exercise, improve forecasting model and process, and drive alignment with the global finance team and business teams
Support monthly and quarterly business reviews, and other strategic pricing initiatives
Qualifications
Bachelor's Degree in Data Analytics, Economics, Marketing, Statistics, Business, Finance or related field, Master’s Degree Preferred
6+ years of experience in pricing, finance, statistics, data analytics or related field
Experience in handling large data sets & data consolidation tools like Microsoft Access, Alteryx, etc.
Outstanding analytical skills with ability to validate, synthesize complex data sets to simplified data sets and deliver valuable business insights.
Ability to communicate effectively business insights derived from complex data sets to stakeholders with little or no analytics background.
Thorough knowledge of computerized application systems including advanced Excel and PowerPoint skills, and preferably, SAP and BW or Analysis for Office experience
Experience in BI tools like Tableau, Power BI.
The individual must be able to work in a matrix team environment and have the communication skills and poise to do so effectively
A self-starter with a passion for sophisticated Data Analytics and Data Science; comfortable of handling big data and solving problems in a real and complex business environment
Company Description
Waters Corporation (NYSE: WAT), the world's leading specialty measurement company, has pioneered chromatography, mass spectrometry and thermal analysis innovations serving the life, materials, and food sciences for over 60 years. With approximately 8,000 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, with products available in more than 100 countries. Our team focuses on creating business advantages for laboratory-dependent organizations to enable significant advancement in healthcare delivery, environmental management, food safety, and water quality.
Working at Waters enables our employees to unlock the potential of their careers. Our global team is driven by purpose. We strive to be better, learn and improve every day in everything we do. We’re the problem solvers and innovators that aren’t afraid to take risks to transform the world of human health and well-being. We’re all in it together delivering benefit as one to provide the insights needed today in order to solve the challenges of tomorrow.
Diversity and inclusion are fundamental to our core values at Waters Corporation. It is our responsibility to actively implement programs and practices to drive inclusive behavior and increase diversity across the organization. We are united by diversity and thrive on it for the benefit of our employees, our products, our customers and our community. Waters is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity or protected Veteran status.
Key Words
Pricing, Pricing Analyst, Price Realization
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Marketing and Sales
Industries
Biotechnology Research, Pharmaceutical Manufacturing, and Appliances, Electrical, and Electronics Manufacturing
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