Pricing Manager

6 months ago

Toronto, Canada Notified Full time

Notified is hiring a Pricing Manager in Toronto. The office address is 155 University Avenue. This position will offer a hybrid work schedule; Tuesday, Wednesday & Thursday in the office with the option of working remotely on Monday & Friday.

**About the position**
The Pricing Manager is responsible for supporting pricing execution by partnering with leaders and staff across multiple functions to identify areas of recommendations, and provide price opportunity, lead data and market driven analytics to support price decisions, develop pricing improvement execution support. This role provides critical commercial support and will assist with the development, execution, and management of pricing strategy and simplification.

You are a driven self-starter excited to help Notified win. You combine big picture thinking with detailed statistical analysis. You are passionate and innovative in your approach to your role and are excited by the opportunity to deliver impactful work that makes a difference.

Do you have strong analytical abilities? Do you know how to ask the right questions to understand hypotheses and requests? Are you a master at visualizing and presenting complex data in a compelling manner to a wide audience, including executives? Then read on

**Responsibilities**
**Pricing Analysis**
- Support the development of pricing for new products, as well as the sunset of obsolete or legacy product lines.
- Create financial models to analyze and forecast the impact to product and portfolio profitability of proposed pricing actions.
- Institute new techniques, systems, and best practices in price modeling, value-based pricing, pricing execution, and data (predictive) analytics and reporting.
- Lead or support ad hoc research projects incorporating project design, data collection and analysis, summarization of findings, and presentation of results.
- Develop and support other complex models, analysis, and reporting related to pricing, profitability, and cash flow projections. These include delivering impact & sensitivity models, revenue maximization, FX and pricing model recommendations.

**Commercial Management**
- Measure & report on the performance of pricing models.
- Respond to pricing exception requests with thoughtful and timely recommendations which demonstrate sound business judgement.
- Define and launch new pricing governance and processes to improve efficiency and effective of pricing and quoting processes.
- Develop and release new and updated pricing and associated guidance/delegation to the Sales team.
- Developing and maintaining support processes & tools, including ownership of internal pricing resources for sales, governance, performance, and pricing documentation
- Ongoing change management and implementation needed to maintain all line items & regional price points across all solutions.

**Competitive Intelligence**
- Analyze competitive brands product pricing & packaging to identify opportunities & threats.
- Compile and evaluate competitive data and develop and marketplace reports to influence product line, segment, customer, and business unit decision making.

**Communication & Reporting**
- Consult with business leadership to ascertain strategic goals and support the business in developing strategic choices.
- Cultivate relationships and collaborate with cross-functional partners to shape, support, and execute goals.
- Generate regular reports and present to key stakeholders.
- Review existing reports to understand business unit needs and areas of opportunity.
- Collaborate with the Business Intelligence team to establish standard reporting forms, dashboards, and charts.

**Preferred Knowledge & Skills**
- Ability to manage a variety of viewpoints to build consensus and create positive outcomes for all parties.
- Ability to simplify complex messages, highlighting and summarizing key points.
- Exhibiting research, analysis and data-driven storytelling skills to deliver impactful, actionable insights
- Possessing a thorough understanding of data management, analysis, and reporting practices, as well as associated tools and technologies across all lines of service
- Ability to establish credibility throughout the organization as an effective business partner and problem solver
- Working effectively with ambiguous and unstructured problems and situations

**Qualifications**
- Bachelor's degree from an accredited college or university required with major course work in economics, computer science, accounting, or a related field preferred. Equivalent work experience in a similar position may be substituted for education requirements.
- 3-5 years’ experience in an analytical or commercial focused role
- Highly analytical individual with accounting or statistics background
- Experience with sensitivity modelling and pricing analysis
- Adept at MS Excel and Word
- Strong stakeholder management skills to influence to decision making and drive outcomes
- Strong communications skills to suppor

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