Pricing Manager

SPX Technologies

Montgomery, AL

JOB DETAILS
SKILLS
Accounting, Analysis Skills, B2B eCommerce, Best Practices, Broadband, Business Administration, Business Analysis, Business Case, Business Strategy, Channel Sales, Channel Strategies, Communication Skills, Competitive Analysis/Strategy, Competitive Research, Cross-Functional, Diversity, Energy Efficiency, Finance, Financial Analysis, Financial Planning and Analysis (FP&A), Forecasting, HVAC, IR (Infrared), Inside Sales, Leadership, Market Analysis, Market Entry Strategy, Market Research, Marketing, Order Management, Pricing, Problem Solving Skills, Process Management, Product Management, Product Positioning, Product Pricing, Product Support, Profit & Loss, Promotional Strategy, Regional Sales, Revenue Growth, SPX, Sales, Strategic Planning, Systems Administration/Management, Talent Management, Team Lead/Manager, Willing to Travel, Work From Home, eCommerce
LOCATION
Montgomery, AL
POSTED
1 day ago

Building People that Build the World.With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.This opportunity is for our Electric Heat business. Electric Heat is a trusted leader in electric heating and ventilation solutions for commercial, industrial, and residential applications. Backed by the strength of ASPEQ Heating Group and Marley Engineered Products, we offer a wide range of standard and customized products through leading brands like QMark, Indeeco, Berko, and Brasch.Our portfolio includes baseboard, wall, unit, and infrared heaters, along with ceiling fans and air circulators - designed to deliver comfort, reliability, and performance. We are committed to high-quality, energy-efficient solutions that improve environments where people live and work.How you will make an Impact (Job Summary)SPX is a diverse team of unique individuals who all make an impact. As a Pricing Manger's primary purpose is to manage maximum margin realization through analysis of pricing and the implementation of pricing strategy, across all of the Electric Heat division. The incumbent aims to optimize profit while managing the market level pricing, project level discount structure and authority. Key areas of responsibility include market price analysis, market price setting, discount process management and authority by channel, customer, and product. Additionally, this role is responsible for the cross-functional support in product positioning and go-to-market launch strategies. Success in this role requires extensive financial analytical aptitude and a comprehensive understanding of internal quoting and order management systems.What you can expect in this role (Job Responsibilities)While each day brings new opportunities at SPX, your core responsibilities will be:1. Pricing Process & PoliciesDefine, implement, and monitor the discount process by product, customer, and channel across all brandsImplement and monitor the pricing authority framework across the inside sales teams to achieve strong OP growthDesign and implement best-practice capabilities for pricing authority and managementDefine the long-term product, customer, and channel pricing strategies for profitable growth and market dpreference, across all brands.Utilize cost / pricing structures in quoting system to develop and manage pricing strategyMonitor and maintain proper pricing framework in all appropriate systems, configurators, etc.Lead and execute market level price adjustments across all products, customers, channels, and brands2. Analysis and ReviewReview product, channel, sales leader, brand etc. sales/profit performance; devise strategies to accelerate/correct to achieve sales/profit goalDevelop reports and analytics tools for product, customer, channel, brand profitabilityAnalyze win/loss (hit rate) in terms of quoting vs competitive pricing adjustmentsAnalyze order and quote information to determine best price practices, and competitive pricingEnsure all products in the portfolio have the appropriate pricing strategy across all levels based on channel, brand, and end market.3. SupportPartner with Sales and Marketing to ensure optimal, disciplined pricing strategy to achieve growth plans, including structure, coverage, training, and toolsDevelop pricing and promotional strategies based on marketing research and competitive analysis; implement these strategies in conjunction with Sales and Marketing to establish and maintain market positionContribute to commission strategy for reps and Regional Sales ManagersProvide recommendations on focus areas for VAVE/Sourcing to improve profitabilityPartner with Engineering, Product Management, and Ops team to execute VAVE projectsPartner with Finance to monitor and adjust pricing strategy for growth and profitability improvementsPotentially other duties and responsibilities assignedWhat we are looking for (Experience, Knowledge, Skills, Abilities, Education)We each bring something to the table, and we are looking for someone who has:Required ExperienceMinimum of 5 years in a relevant experience in FP&A, business analytics, finance, accounting, pricing, or other analytics department requiredProven experience in developing pricing strategies, structure, forecasting, and other financial modelingExperience completing financial analysis in developing business cases and setting value-based pricingExperience in various quoting processes and order management systemsPreferred Experience, Knowledge, Skills, and AbilitiesDemonstrated success in B2B business strategies (B2B + B2C preferred)Demonstrated success in pricing management across multiple channels and brands (additionally across diverse end markets preferred)Experience using market, channel, industry, and commercial intelligence to drive decision makingEducation & CertificationsBachelor's Degree in Finance, Accounting, Business or Engineering required (MBA preferred)Travel & Working EnvironmentHybrid work-from-home model environmentMust be able to travel Must have access to high-speed internet and phone serviceMust have access to airport within short driving distanceHow we live our cultureOur culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.What benefits do we offer?We know that the well-being of our employees is integral. Our benefits include:Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leaveCompetitive health insurance plans and 401(k) match, with benefits starting day oneCompetitive and performance-based compensation packages and bonus plansEducational assistance, leadership development programs, and recognition programsOur commitment to embrace diversity to build a culture of inclusion at SPXWe value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential.SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.#J-18808-Ljbffr

About the Company

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SPX Technologies