Corporate Pricing Manager

Justrite Manufacturing Co LLC
Deerfield, IL Full Time
POSTED ON 10/17/2024 CLOSED ON 11/6/2024

What are the responsibilities and job description for the Corporate Pricing Manager position at Justrite Manufacturing Co LLC?

Description

About Justrite Safety Group

At Justrite Safety Group, we're more than just a collection of industrial safety companies; we're a dynamic organization dedicated to protecting people, property, and the planet. Our ever-growing portfolio of companies collaborates to deliver advanced industrial safety solutions that set the standard for excellence.

As our business continues to grow, we continue to look for top talent to join our team as we lead the charge in revolutionizing industrial safety, ensuring that every worker returns home safe, every workplace remains secure, and our environment thrives for generations to come. With Justrite Safety Group, safety isn't just a priority-it's our passion.

Our Chemical & Environmental Safety division is a market leader, providing a wide range of essential products that ensure chemical and environmental compliance across numerous industries. We manufacture equipment designed for the secure storage, handling, and disposal of hazardous materials, including chemical safety cabinets, spill containment systems, and safety cans. Our comprehensive product portfolio also includes safety showers, eyewashes, and chemical labeling items, all aimed at protecting workers and assets. This holistic approach to hazardous materials management helps reduce the risk of accidents and environmental harm.

The Contribution You'll bring to this Role:

The Corporate Pricing Manager will play a vital role in JSG's strategy to profitability grow the business. The position will be a highly collaborative role that will partner with sales, product management, and IT to help drive corporate pricing initiatives. The role will drive corporate oversight of our price strategies, develop insightful analytics on gross margin and price traction performance and partner with our business units to help create strategic actions plans that will help drive profitable growth.

In this role, you will report directly to the CFO, setting the stage for your career to soar! This role is your gateway to opportunities for advancement, with the potential to grow within the organization in 3-5 years as you make meaningful contributions to our organizational goals.

About the Team:

At Justrite Safety Group, our Finance team is composed of top industry experts dedicated to developing innovative pricing strategies that drive growth and competitive advantage. We work collaboratively with Sales, Marketing, and Finance to ensure our pricing models are aligned with business goals and market dynamics. By leveraging advanced analytics and fostering continuous learning, we stay at the cutting edge of pricing strategy, delivering effective solutions in a fast-paced environment.

What You'll Do at Justrite:

Reporting to the CFO, the Corporate Pricing Manager is responsible for developing and implementing corporate pricing strategies to maximize profitability while ensuring competitive positioning in the market.

Develop & Oversee Corporate Pricing Guidance

  • Develop and maintain comprehensive pricing calendar that leads to on-time execution of pricing actions that must be executed on throughout the calendar year
  • Lead the annual price change process
  • Support the development and communication of JSG corporate pricing guidance
  • Support the business units in the creation of MSRP / MAP price
  • Drive consistency is pricing strategy across business units for standard and contract pricing

Reporting & Analytics:

  • Conduct thorough pricing analysis to identify pricing opportunities & trends
  • Own the price traction reporting to understand impact and identify leakage
  • Partner with business unit Product Managers with insightful analytics to support their price decision-making
  • Maintain the official Commercial Cost model used in pricing analyses.

Stewardship Over Pricing Software

  • Drive full utilization of pricing management software, PriceFX, to drive efficiencies and effectiveness in our pricing function. Take the lead role with IT in deploying any identified enhancements.
  • Support the creation, maintenance, and communication of our Price Books in PriceFX with direct oversight and ownership of the US National Accounts

Price Compliance:

  • Develop and implement price quote approval processes
  • Manage price scraping software, PROWL, to ensure channel compliance with MAP. Partner with the sales operations to address exceptions
  • Act in an audit function partnering with BU product managers to ensure BU pricing strategies align with corporate guidance

Your Skills and Expertise:

To ensure your success from day one in this role, Justrite requires the following qualifications at a minimum:

  • BA/BS in a quantitative field, such as Finance, Economics, or Statistics
  • 3 - 5 years of experience in price management, ideally in a corporate or B2B setting
  • Strong analytical skills with proficiency in data analysis and analytical modeling
  • Advanced proficiency with Excel is required

Additional qualifications that could help you succeed even further in this role include:

  • Excellent verbal, written, and executive communication skills
  • Excellent analytical and problem solving skills
  • Strong team orientation with the ability to work collaboratively
  • Ability to multi-task and work in a fast-paced team environment
  • Project management skills, including experience creating, prioritizing, scheduling, tracking reviewing, and ensuring completion of tasks by set deadlines

Compensation:

The position offers a competitive base salary ranging from $115,000 to $135,000.

Actual base salaries will vary and may be above or below the recommended pay range based on factors such as but not limited to location, relevant experience and performance. Additionally, this role is eligible for an annual incentive plan to enhance their overall total compensation package when Justrite Safety Group and their business units achieve annual business and financial targets.

Benefits:

Our benefits package at Justrite Safety Group is designed to be the best in the industry, offering everything you need to support your career and personal well-being. You'll receive a competitive salary paired with an extensive benefits package that includes comprehensive medical, dental, and vision coverage. We understand the importance of work-life balance, so we offer flexible hours and remote work options, giving you the freedom to manage your time effectively. These options vary depending on the specific roles and business needs.

Your financial future is secure with our 401K plan, complete with a company match, and you're protected with company-paid short and long-term disability insurance. To ensure you're at your best, we also offer generous paid time off, personal days, and a robust employee wellness program that supports your overall health and happiness. At Justrite, our benefits package is designed to help you thrive both in and out of the workplace.

Why Choose Justrite Safety Group?

As a leading name in the safety industry, Justrite provides a platform where you can collaborate with some of the best professionals in the field, learning from experts and contributing to cutting-edge solutions. The company's commitment to excellence and innovation ensures that you'll be part of a team that is making a real impact. With a strong focus on career advancement, Justrite empowers its employees to thrive both personally and professionally, making it an ideal workplace for those looking to grow their careers in a meaningful and rewarding environment.

Join us and be part of a team dedicated to product excellence and making a positive impact in our company, and in our community!



Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

 

Salary : $115,000 - $135,000

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