What are the responsibilities and job description for the Pricing Director position at Honeywell Technologies?
Job Description
As the Pricing Director, you will work closely with marketing and product management, engineering, field sales organization, key business partners and the senior management team, to maximize the profitability of the business by systematically employing key pricing levers. You will manage the pricing and reimbursement strategies for current and future products. You will analyze market drivers and competition to determine price of new products. You will deliver financial impact by deploying best-in-class marketing tools and framework.
You will directly lead a team of marketing professionals and will be responsible for hiring and developing strong talent.
Responsibilities
Key Responsibilities
As The Director, Global Pricing Your Responsibilities Will Include
YOU MUST HAVE
THE BUSINESS UNIT
Honeywell Building Automation (BA) is a leading global provider of products, software, solutions, and technologies that enable building owners and occupants to ensure their facilities are safe, energy efficient, sustainable, and productive. BA products and services include advanced software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrades of systems. Revenues in 2022 for BA were $6B and there are approximately 18,000 employees globally. To learn more, please visit https://buildings.honeywell.com/
Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status. Learn more
About Us
Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.
As the Pricing Director, you will work closely with marketing and product management, engineering, field sales organization, key business partners and the senior management team, to maximize the profitability of the business by systematically employing key pricing levers. You will manage the pricing and reimbursement strategies for current and future products. You will analyze market drivers and competition to determine price of new products. You will deliver financial impact by deploying best-in-class marketing tools and framework.
You will directly lead a team of marketing professionals and will be responsible for hiring and developing strong talent.
Responsibilities
Key Responsibilities
As The Director, Global Pricing Your Responsibilities Will Include
- Pricing Strategy - Analyze market trends and corresponding value-based price strategies with market strategy teams to understand competitive threats and refine approaches for price capture.
- Pricing Decisions - Partner with Offering Management, Business and Sales leaders to implement pricing strategies including pricing tiers and thresholds to optimize margins.
- Pricing Execution - Streamline and improve the price delivery, price change and pricing process
- Pricing Performance Monitoring and Evaluation - Develop comprehensive methodologies using analytical tools and drive robust pricing reporting to provide guidance to senior leadership to enable better decision making (both pre- and post-price changes).
- Identify Pricing Process Improvement Opportunities - Evaluate ideas, model impact, gain alignment and implement pricing process changes that drive operational efficiencies.
- Pricing Analytics & Reporting - Develop both strategic reporting analytics and appropriate audit and governance reporting to help drive process improvement and a visual management lens to ensure pricing effectiveness.
- Pricing System - Ensure the current and future pricing system needs and enhancements are delivered.
- Strong leadership - Directly lead and manage the pricing group, as well as drive change across the business to help the company culture accelerate pricing acumen and execution
YOU MUST HAVE
- 8 years commercial experience with Sales, Marketing or Finance
- Relevant pricing experience
- Strong financial modeling skills demonstrated by ability to create pricing structures and P&L analysis with multiple scenarios
- People Management Experience
- Extensive experience in similar pricing leadership role
- Executive presence in working with senior leaders
- Technical experience in ERP (SAP)
- Bachelor's degree
- Transactional pricing toolkit and value toolkit experience
- A proven track record of leading cross-functional teams
- Demonstrated results in large, complex, matrix organizations
- Excellent planning, execution and project-management skills
- Integrative thinker
- Ability to deliver on complex situations or problems
- Ability to convey information with clarity and directness
THE BUSINESS UNIT
Honeywell Building Automation (BA) is a leading global provider of products, software, solutions, and technologies that enable building owners and occupants to ensure their facilities are safe, energy efficient, sustainable, and productive. BA products and services include advanced software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrades of systems. Revenues in 2022 for BA were $6B and there are approximately 18,000 employees globally. To learn more, please visit https://buildings.honeywell.com/
Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status. Learn more
About Us
Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.