Pricing Manager Specialties

Pricing Manager

The position of Pricing Manager oversees the administrative process of cost and price maintenance to ensure accuracy, timeliness, and alignment with business goals. The Pricing Manager is responsible for assuring item level cost and price records are properly maintained. As manager, monitor team workload balance and expand individual and team capability. This role blends strategic pricing leadership with operational administration, with emphasis on collaboration with accounting, sales, and industry marketing teams.
Key Responsibilities

Administrative Oversight: Manage cost and price administration processes, including recordkeeping, compliance, and internal procedures, ensuring accuracy and adherence to policies.
Transactional Oversight: Monitor transactional cost and price relationship assuring supplier and customer level financial results are accurate.
Pricing Strategy Development & Oversight: Collaborate with Commercial team to evaluate, recommend, and improve pricing strategies for products or services, ensuring alignment with financial targets, market competitiveness, and customer satisfaction.
Sales Tools: Recommend use of Excel and other tools to provide access to price quote data. Assist in development of future quote applications ensuring alignment with ERP to achieve accurate master data and transactional data population.
Supports, Contract & Pricing Management: Capture all supplier contract costs, supplier supported costs and rebates and customer contract prices in ERP to ensure accurate financial reporting.
Analytics & Reporting: Provide Commercial team with pricing analytics to monitor quote price effectiveness, customer churn, and margin attainment.
Key Account Processes: Support Key Account team price process, assuring current practices meet evolving requirements set forth by KA team.
Continuous Improvement: Assess current process for efficiency and effectiveness of meeting administrative needs.
Team Leadership: Lead and mentor pricing analysts or administrators, setting priorities and guiding performance.
Special Projects: Support ad-hoc pricing initiatives, promotions, and special projects as needed.
Required Qualifications

Education: Bachelor's degree in Finance, Business, Economics, Accounting, Marketing, or a related field
Experience: Minimum 5 years in pricing, finance, or contract administration and supervision of multi-member team
Skills: Advanced Excel, SQL, statistical modeling, pricing software, market analysis, compliance, and strong communication skills
Desired Skills

Proficiency in MS Office Suite (Word, Excel, PowerPoint) and Power BI
Pricing administration and contract management experience
Understanding of GAAP, compliance, and regulatory requirements
Ability to work in a fast-paced, cross-functional environment
This role is typically office-based, with occasional travel. It requires attention to detail, analytical rigor, and the ability to balance strategic pricing goals with operational compliance.
In summary, the role of Pricing Manager is both an operational administrator and a strategic pricing leader ensuring that pricing actions are timely, documented and published and that all cost and price decisions are data-driven, compliant, and aligned with organizational objectives.