Pricing Director
1 month ago
The successful candidate will lead the strategic vision and tactical execution of revenue management/pricing at 407 ETR, leveraging rates, discounts, promotions, pricing analytics, and customer insights to optimize revenue long-term. Responsibilities will include building, leading, and developing a high-performance revenue management team focused on pricing structures, promotion design and implementation, pricing analytics, reporting, forecasting, compliance, and governance.
Key Responsibilities:- Develop and execute a comprehensive revenue management/pricing strategy to drive revenue growth and optimize pricing structures.
- Build and lead a high-performance revenue management team, providing guidance, coaching, and development opportunities to ensure team success.
- Collaborate with cross-functional teams to effectively execute revenue management strategies and pricing tactics, including price structure, discounts, promotions, loyalty, and customer experience.
- Conduct research, collect, and analyze data related to customer price behavior, providing insights to inform pricing decisions.
- Manage consultants retained, including contract preparation, price negotiation, scheduling, budget management, payment approvals, report evaluation, and approval.
- Represent the company through participation in inter-agency research initiatives, providing expertise and thought leadership in revenue management and pricing.
- A University bachelor's degree in Business, Statistics, Mathematics, or a similar quantitative discipline (Masters preferred).
- Minimum 10 years' experience in a revenue management/pricing leadership role, covering revenue management/pricing systems development, management, and maintenance, revenue management/pricing strategy and execution, promotion and discount execution, revenue management/pricing compliance and governance, and revenue management/pricing analytics.
- Strong experience and deep understanding of revenue management/pricing analytics, customer experience, and pricing mechanisms.
- Strong experience with tools like Tableau and SQL.
- Strong understanding of customer-driven value and behaviors.
- Exceptional business/market analysis, research, and problem-solving skills.
- Highly driven, entrepreneurial spirit who can set strategy and tactical execution, lead change at an organizational level, work collaboratively across departments, and advocate for data-driven decision-making.
- Strong leader with exceptional presentation skills and past experience interacting with C-level management, stakeholders, and shareholders.
- Ability to clearly and concisely articulate revenue management/pricing insights in a way that is digestible to a non-technical audience.
- Ability to understand business, shareholders, and stakeholder's issues and create valuable insights.
- Prior experience building, operating, and maintaining sophisticated dynamic pricing systems, including planning, developing, and writing business requirements.
- Strong time management and project management skills.
- Exceptionally strong understanding of end-to-end customer revenue management/pricing systems and operations.
407 ETR is an all-electronic open-access toll highway located in the Greater Toronto Area in Ontario, Canada. The highway spans 108 kilometres from Burlington in the west to Pickering in the east.
407 International Inc. is the sole shareholder of 407 ETR and is owned by:
- Canada Pension Plan Investment Board (CPP Investments) through indirectly-owned subsidiaries (50.01%).
- Cintra Global S.E., which is a wholly-owned subsidiary of Ferrovial S.A. (43.23%).
- AtkinsRéalis, formally known as SNC-Lavalin (6.76%).
Learn more at https://www.407etr.com/en/.
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