Pricing Manager
1 week ago
The Pricing Manager develops and implements pricing strategies for company services, ensuring they are competitive while maximizing revenue. They analyze market trends, customer preferences, and cost structures to create pricing models that align with the company's financial goals
Client Details
My client is a rapidly growing global hospitality company
Description
Responsibilities:
• Works directly with Sr. Leaders and customers to develop pricing strategies & create innovative pricing methodologies and processes.
• Implements pricing proposals and initiatives & analyze material and labor cost. Liaises with chefs and purchasing department to gather menu details, recipes and specifications on raw materials.
• Implements analytics to measure success and develops pricing methodology and sophisticated revenue tools to measure pricing effectiveness.
• Identifies opportunities to drive revenue and assure growing profit margins. Performs ERP and related business system data entry as required to support operations and production.
• Monitors analysis of food & beverages use. Creates menu specifications for all production departments and manages activities involving menu presentations for new and current airline customers.
• Calculate food cost for our airline customer and generate costing & pricing calculation files in MS Excel and supports data entry in Microsoft Navision for new and current products.
• Ensures accurate and up-to-date bill codes in internal systems as well as in customer systems (e.g. IFX) and manages CPI, food, and labor cost updates on a regular basis as well as for budget requests internally as well as for customer/negotiation needs.
• Trains and on-boards new and existing Costing Analysts team and supports Senior Management / Vice President with other duties as assigned.
Profile
Qualifications:
• Proven ability to perform strategic planning and priority setting for a billing department.
• Strong analytical skills, proficient in MS Office (Adv. Excel, Word, PowerPoint).
• Strong systems aptitude, including, but not limited to ERP systems (Microsoft Navision preferred).
• Excellent presentation and communication skills.
• Exposure to a matrix organizational structure is helpful.
• Ability to work with all levels of staff and management in a fast-paced environment and meet strict deadlines.
• Hands-on approach, attention to detail.
• Ability to travel, 10-15%.
• Flexible schedule including weekends, and holidays a plus
• 3-5 years' leadership experience in pricing, revenue management, or finance.
• Work experience within the food service/hospitality industry is a plus; knowledge of culinary arts desirable.
• Bachelor's Degree or MBA preferred
Job Offer
- PTO
- 401k
- Health
- Dental
- Vision
- Competitive Salary
- Newly created role
- Room for advancement
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
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