Director, Market Revenue Management

Cicero, IL Full Time
POSTED ON 5/6/2024

Overview

The primary role of the Market Revenue Management Director is to work closely with the markets and supplier to maximize spend and drive overall margin growth. This position is a key driver in understanding, and leading standardization of price structures, price calendar, M&E, and spend budgets. This role will work to deliver margin growth for all parties. The Market Revenue Management Director will use data insights to collaborate with business managers on standardizing process, deal level optimization, and share best learnings from markets.

Responsibilities

  • Develop strategic revenue plans surrounding the standardization of P&L Alignment, price structures, and price calendar and update Executive team accordingly.
  • Lead the analysis of sales data and market share to forecast and make recommendations on margin opportunities.
  • Develop a revenue team that focuses on strategies and gross profit targets.
  • Monitor and evaluate spend budgets.
  • Interact with sales leads and finance partners to understand and interpret the potential impact of market trends, forecasts and opportunities to improve margin
  • Identify options to mitigate risks and leverage opportunities by partnering with the markets.
  • Evaluate share driving activities.
  • Identify key match ups by markets and look for opportunities to maximize price (Start with Supplier Strategies and customize by market).
  • Determine and communicate margin opportunities, including risks and opportunities, to the business manager and supplier teams.
  • Report on key process metrics and monitor adherence to key performance indicators (Margin Growth) to key shareholders.
  • Monitor and communicate reports and insights on margin to business units and supply teams.
  • Provide ad hoc reporting, as needed, to support business requirements.
  • Coordinate the execution of new technology development into revenue management/pricing
  • Identify opportunities to improve margin and make recommendations to enhance processes.
  • All other duties, as assigned.
  • Qualifications

    • Bachelor’s Degree in Business or related field desirable (MBA, Six Sigma a plus)
    • Minimum of 8 years relevant experience.
    • Proficiency using PC-based applications (such as Microsoft Excel, PowerPoint, Word)
    • Understanding of technology tools that enable revenue management planning and reporting (Financial reporting, SAP)
    • Strong negotiation skills
    • Attention to detail
    • Mathematical/statistical abilities
    • Demonstrated experience in pricing and analytics
    • Commercial experience and knowledge of business processes
    • Analytical experience with knowledge of modeling

    Preferred Qualifications:

    • Some management experience (project management, functional lead)

    Physical Requirements:

    • While performing the duties of this job, the employee is regularly required to, stand, sit; talk, hear, and use hands and fingers to operate a computer and telephone

    Skills:

    • Passion for participating in business results and group achievement.
    • Ability to meet deadlines and work with limited supervision.
    • Well-organized and high level of attention to detail.
    • Experience leading change
    • Analytical and conceptual skills.
    • Data gathering skills, and quantitative and qualitative data analysis, including the ability to link business process improvements to KPIs.
    • Ability to communicate the results clearly and concisely in both verbal and in written form.

    This job description is only a summary of the typical functions of this position, not an exhaustive or comprehensive list of all possible job responsibilities, tasks and duties. Responsibilities, tasks, and duties of individual jobholders may vary from the above description.

    #LI-Hybrid

    EEO Statement

    Breakthru Beverage Group is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics. The EEO is the Law poster is available Here, if you need a reasonable accommodation because of a disability for any part of the employment process, please call (708) 298-3536 and let us know the nature of your request and your contact information.

    Category

    Finance/Accounting

    Salary.com Estimation for Director, Market Revenue Management in Cicero, IL

    $165,183 - $243,717

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