Strategic Pricing Manager
Location: Tyson Corner, VA
We are looking for a passionate Strategic Pricing Manager who will create global pricing models and drive pricing initiatives by partnering with business stakeholders and analyzing market conditions.
The successful candidate will not only be able to think strategically but also thrive in detailed and fast paced price execution activities. This candidate should have a high level of intellectual curiosity, creativity, and proficiency in turning business and data insights into pricing strategy, tactical recommendation and ultimately price execution. This role will require a strong data manipulation and Excel modelling skills (such as breakeven, elasticity, revenue projections and segmentation models). Furthermore, this candidate will thrive in a fast-paced results oriented environment.
What You Will Be Doing
Create and Enhance Global Pricing Models:
Create and refine pricing models for new and existing products
Regularly review market performance and monitor prices; provide fact-based analysis to changes to pricing strategies/rules that result in increased sales, profits and/or market share
Plan, develop and implement promotional pricing campaigns
Collaborate closely with sales & product management to understand product positioning, product usage and review pricing models and changes
Conduct customer segment analysis and usage analysis using large data sets in excel or another tool to determine price
Collaborate with pricing data analysts to review data and extract actionable insights
Evaluate marketplace and competitive data to optimally align pricing strategies
Evaluate day-to-day pricing activities to suggest refinements in pricing strategy, process or execution
Implement Pricing Changes in SalesForce CPQ:
Act as a liaison with Finance and IT to implement the pricing model in business systems
Write requirements for CPQ (i.e., Steelbrick) team to implement
Interact with CPQ team to finalize requirements
Test for correct implementation of pricing models
SKU Management:
Create and enhance SKUs required to manage pricing
Collaborate with SKU team to implement SKUs
What You Need for this Position
BS in Finance, Mathematics, Economics, Computer Science, Information Management or business. MBA is preferred
5-7+ years relevant working experience
Strong analytical skills coupled with the ability to effectively articulate insights and recommend actions
Business consulting and/or Pricing experience for a SaaS company will be very beneficial but not required.
Working knowledge of developing business and/or product strategies (ie: pricing models) and working with sales and product management is a strong plus for this role
Demonstrated strong working experience with Excel (advanced models, formulas, pivot tables, etc) is required. Use of advanced BI tools is a strong plus.
Experience data mining and building data models as well as working with large transactional databases across multiple platforms
Strong organization and project-management skills, including the ability to meet demanding, evolving, and often competing deadlines
Experience developing and delivering presentations to various audience levels within an organization
Excellent written / oral communication skills