Summary

The Pricing Manager is directly responsible for the development, delivery and execution of business unit standards, policies and best practices around pricing that are aligned to our Growth Transformation Office (GTO), go-to-market and brand strategies. The Pricing Manager will work closely with Director of Product Management-PT, Product Line Managers, Product Marketing and Sales teams to provide predictive analysis and recommendations to objectively guide and influence price strategy. The Pricing Manager reports to the Director of Product Management - Power Transmission.

Primary Duties and Responsibilities

• Develop pricing strategy that aligns with go-to-market strategy and work collaboratively with business and sales leaders.
• Analyze strategy for pricing, simplify and create a sustainable process.
• Conduct quantitative analyses of business data affecting pricing strategy and attainment.
• Inform pricing decisions by analyzing business data and forecasting business or economic conditions.
• Recommend pricing actions and timing to areas of responsibility across the company.
• Present oral and written reports on various elements of pricing strategy, recommendations, and performance.
• Utilize various business intelligence and analytical software, databases, and ERP.
• Demonstrate strategic thought leadership in developing new quantitative, qualitative pricing guidelines using statistical techniques.
• Drive culture of pricing excellence by connecting and reviewing price leakage and opportunities for improvement with business unit stakeholders.
• Drive actions to achieve overall pricing goals.
• Act as subject matter expert for assigned areas of the organization on pricing strategies and present price strategies and tactics to stakeholders in a variety of organizational settings.
• Drive transformational performance improvement in pricing, focused on maximizing value of products and services.

Primary Duties and Responsibilities cont.

• Manage and guide critical pricing processes including the annual price update and engage in contracts and project proposals.
• Apply mathematical models to determine value and recommend pricing for new product releases.
• Support business and commercial team in developing solutions for product bundling, promotions, and discounts.
• Recommend policies, systems, and processes to effectively manage price deployment.
• Drive accountability and adherence to pricing policies and process across the organization.
• Recommend pricing and discounting analytics and reporting to support business and commercial organizations.
• Drive regional global initiatives designed to meet corporate and divisional pricing goals and objectives.
• Provide pricing guidance for customer or program-specific pricing contracts.
• Provide strategic and analytical leadership to strategic pricing team members as the team conducts analyses and develops recommendations for enhanced price levels, polices, and processes.
• Other projects and duties as assigned.

Knowledge and Skill Requirements

• Minimum of 10 years of previous relevant business experience and/or 10-12 years’ experience combined with a college degree
• Bachelor’s degree in Business, Mathematics, Operations, Analytics, or related field of study plus business, finance, data analysis, programming, or related experience, including strategic pricing experience.
• Excellent verbal and written communication skills
• Strong computer skills and experience with working knowledge of Windows-based software and CRM, excellent Excel and database management/report writing skills
• Self-managed, team player with a passion for team success
• Experience interfacing with sales to industrial distributor organizations and OEMs desirable
• Strong organization and time management skills required
• Experience in conflict resolution required
• Ability to travel as needed approximately 20%
• Must be able to work in the US

Competencies

• Drives results and deadline drive
• Building relationships
• Continuous improvement /innovation
• Influence, Negotiation, and Impact
• Planning and organizing
• Communicates effectively

Key Behaviors

• Are accountable to others
• Have the courage to challenge the status quo
• Are honest with co-workers and customers
• Able to be innovative problem solvers
• Are engaged team members
• Add value to the Company
• Expects excellence of self and others
• Overserves top customers
• Understands, simplifies and acts to improve processes

Physical Demands

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is frequently required to sit, stand, walk, talk, or hear; uses hands to finger, handle, or touch objects or controls. The employee may lift, push, or pull up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

Who We Are

• Vision
• We aspire to be the local partner of choice for belting solutions - around the globe.
• Our Mission
• To be a global leader in product quality and local service excellence.
• To fully enable the most dedicated, knowledgeable and creative team in the industry to continue to differentiate through innovation and services.
• To excel in management performance and operational efficiency in order to deliver sustainable value to all our stakeholders.
• Drive digital as a business creator.
• Values
• Customer Centricity - We are customer-centric because we know that we succeed when our customers succeed and that customer satisfaction - which we measure - drives customer loyalty.
• People Focus - Our carefully selected people, experts in their fields, are our most valuable resource, working together as one company creating our unique advantage.
• Entrepreneurship - We encourage entrepreneurial thinking and empower our people to take intelligent risks and make sound decisions.
• Agility - Speed is a key driver in our industry. We aim to respond quickly towards our customers, optimizing our delivery time and making fast decisions at all levels in our organization
• Responsibility - We are part of a larger business community that we can help improve by working responsibly, by maintaining and increasing transparency, and by acting ethically and with integrity as good corporate citizens at all times.

What We Offer

• Competitive starting rates
• Referral bonus for employee referrals
• We promote from within, offering our employees opportunities for both internal advancement and relocation.

Benefits

• Medical
• For 2021, we offer insurance through Aetna, effective day 1.
• Alight Concierge Service for optimizing medical benefits
• AMMEGA pays 100% of the cost for Alight Concierge Service for employees.
• Dental
• Vision
• Life Insurance
• Basic life insurance paid in full by AMMEGA
• Option for employees to increase coverage or add coverage for spouse and dependents
• Short-Term Disability
• AMMEGA pays 100% of the cost for short-term disability.
• Long-Term Disability
• AMMEGA pays 100% of the cost for long-term disability.
• Employee Assistance Program
• Health Savings Account
• Flexible Spending Account for Medical or Dependent Care
• Optional Accident and Critical Illness Plans
• 401(k) with competitive employer match
• AMMEGA offers a 100% match on the first 1% and a 50% match on the next 5%
• Support wellbeing by offering a discount savings program for entertainment events
• Paid Time Off
• Accrue up to 80 hours in first year of employment
• Paid Holidays
• 9 paid holidays and 1 additional floating holiday
• Paid Training
• Growth Opportunities
Required Experience:

• Minimum of 10 years of previous relevant business experience and/or 10-12 years’ experience combined with a college degree
• Bachelor’s degree in Business, Mathematics, Operations, Analytics, or related field of study plus business, finance, data analysis, programming, or related experience, including strategic pricing experience.
• Excellent verbal and written communication skills
• Strong computer skills and experience with working knowledge of Windows-based software and CRM, excellent Excel and database management/report writing skills
• Self-managed, team player with a passion for team success
• Experience interfacing with sales to industrial distributor organizations and OEMs desirable
• Strong organization and time management skills required
• Experience in conflict resolution required
• Ability to travel as needed approximately 20%
• Must be able to work in the US
From: Ammeraal Beltech