Finance

Pricing Manager

Looking to hire your next Pricing Manager? Here’s a full job description template to use as a guide.

About Vintti

Vintti is revolutionizing remote staffing by prioritizing time zone alignment. We connect US-based SMBs, startups, and firms with Latin American professionals who work synchronously with US schedules. This approach ensures that businesses can maintain their usual workflows, conduct real-time meetings, and collaborate effectively without the typical challenges of working across disparate time zones.

Description

A Pricing Manager is responsible for developing and implementing pricing strategies to maximize a company's profitability while ensuring customer satisfaction. This role involves analyzing market trends, competitor pricing, and customer behavior to set competitive prices for products or services. Pricing Managers work closely with sales, marketing, and finance teams to align pricing strategies with overall business goals. They use advanced pricing models and data analytics to make informed pricing decisions, monitor the effectiveness of pricing strategies, and adjust prices as needed to respond to market changes, ensuring a balance between profitability and market competitiveness.

Requirements

- Bachelor’s degree in Finance, Economics, Business, or a related field
- Minimum of 5 years of experience in pricing, finance, or a related analytical role
- Strong analytical and quantitative skills
- Proficiency in data analysis tools such as Excel, SQL, and various pricing software
- Excellent communication and presentation skills
- Ability to work cross-functionally with teams such as sales, marketing, and product management
- Strong understanding of market research methods and competitive analysis
- Familiarity with financial modeling and impact analysis
- Attention to detail and a high degree of accuracy
- Strategic thinking and problem-solving abilities
- Ability to handle multiple tasks and projects simultaneously
- Strong organizational and project management skills
- Knowledge of industry trends and regulatory impacts on pricing
- Experience with database management and ensuring data accuracy
- Demonstrated ability to train and mentor junior staff
- Ability to make informed decisions and approve deviations from standard pricing guidelines

Responsabilities

- Analyze market trends and competitor pricing strategies
- Develop and update pricing models based on market data
- Collaborate with sales and marketing teams to establish pricing strategies
- Monitor and evaluate the effectiveness of pricing strategies
- Conduct financial analysis to assess the impact of pricing changes
- Prepare regular reports on pricing activity and performance
- Provide pricing support and guidance during contract negotiations and bids
- Research and stay current with industry trends and regulatory impacts on pricing
- Present pricing recommendations and strategic insights to stakeholders
- Manage and maintain pricing databases
- Coordinate with product management teams to align pricing strategies
- Handle inquiries and issues related to pricing
- Develop and implement discount and promotion strategies
- Train and mentor junior staff on pricing analysis
- Evaluate and approve deviations from standard pricing guidelines

Ideal Candidate

The ideal candidate for the Pricing Manager role will possess a Bachelor’s degree in Finance, Economics, Business, or a related field, complemented by at least 5 years of substantial experience in pricing, finance, or a related analytical sector. They will exhibit top-tier analytical and quantitative skills, proving proficiency with data analysis tools such as Excel, SQL, and various pricing software, coupled with a strategic mindset to drive effective pricing strategies. This individual will demonstrate exceptional communication and presentation capabilities, with a proven record of successfully collaborating across departments, particularly sales, marketing, and product management teams. They will have a keen understanding of market research methods and competitive analysis, and excel in financial modeling and impact analysis to assess and inform pricing decisions. Their meticulous attention to detail and a high degree of accuracy will ensure reliable pricing data management and analysis. Additionally, the ideal candidate will possess strong problem-solving abilities and organizational skills, enabling them to manage multiple tasks and projects effectively. An astute comprehension of industry trends, economic conditions, and regulatory impacts will be essential, along with the capacity to make informed decisions under pressure. This individual will also have demonstrated experience in training and mentoring junior staff, fostering a collaborative and knowledge-sharing environment. Self-motivated and proactive, they will balance short-term objectives with long-term goals, bringing a strong customer service orientation and an ability to adapt swiftly to evolving industry trends and regulatory changes, setting them apart as the perfect fit for this critical role.

On a typical day, you will...

- Analyze market trends and competitor pricing strategies to maintain competitive pricing
- Develop and update pricing models based on market data and internal analytics
- Collaborate with sales and marketing teams to establish pricing strategies for new and existing products
- Monitor and evaluate the effectiveness of pricing strategies and make adjustments as needed
- Conduct financial analysis to assess the impact of pricing changes on revenue and profitability
- Prepare regular reports on pricing activity and performance for senior management
- Provide pricing support and guidance to sales teams during contract negotiations and bids
- Research and stay current with industry trends, economic conditions, and regulatory impacts on pricing
- Present pricing recommendations and strategic insights to stakeholders and decision-makers
- Manage and maintain pricing databases and ensure accuracy and consistency of data
- Coordinate with product management teams to align pricing strategies with product lifecycle
- Handle inquiries and issues related to pricing from both internal and external clients
- Develop and implement discount and promotion strategies to drive sales growth
- Train and mentor junior staff on pricing analysis techniques and best practices
- Evaluate and approve deviations from standard pricing guidelines based on strategic considerations

What we are looking for

- Strong analytical mindset
- Detail-oriented with a focus on accuracy
- Excellent communication and presentation skills
- Strategic thinker with problem-solving abilities
- High proficiency in data analysis tools (Excel, SQL, pricing software)
- Ability to work collaboratively across departments
- In-depth understanding of market trends and competitive analysis
- Solid financial modeling and impact analysis skills
- High level of organizational and project management capabilities
- Quick learner adaptable to industry trends and regulatory changes
- Strong decision-making abilities under pressure
- Capable of handling multiple tasks and projects simultaneously
- Experience in training and mentoring junior staff
- Self-motivated with a proactive approach
- Strong customer service orientation
- Ability to balance short-term objectives with long-term goals

What you can expect (benefits)

- Competitive salary range (specific amount may depend on experience and qualifications)
- Comprehensive health benefits package (medical, dental, vision)
- 401(k) retirement plan with company matching
- Paid time off (PTO) including vacation, sick days, and holidays
- Flexible work schedule and remote work opportunities
- Professional development and training programs
- Opportunities for career advancement and internal promotions
- Employee assistance programs (EAP)
- Wellness programs and gym membership discounts
- Life and disability insurance coverage
- Tuition reimbursement for continuing education
- Company-sponsored social events and team-building activities
- Collaborative and inclusive work environment
- Performance-based bonuses and incentives
- Access to industry conferences and networking events

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