Pricing Manager

1 week ago


Tampa, Florida, United States Anchor Glass Full time

Job Title: Commercial Pricing Manager

About Us:

Anchor Glass Container Corporation is a leading North American manufacturer of premium glass containers. With six strategically located production facilities throughout the US, we serve many iconic consumer packaging brands in the beer, beverage, spirits, and food industries.

Our Mission:

We strive to exceed customer expectations through unrelenting attention to detail. We find meaning in all the small things that create enriching experiences for customers and consumers alike.

Job Summary:

The Commercial Pricing Manager is responsible for analyzing and overseeing the pricing and margin reporting & analysis process. This includes partnering with commercial, operations, supply chain, and finance functional groups to determine optimal scenarios for going to market with product.

Key Responsibilities:

* Understand Purchase Price Index (PPI) and Price Adjustment Formula (PAF) mechanisms and determine best course of action for annual increases/adjustments
* Manage a team of 2 direct reports (Pricing and Financial Analysts)
* Provide regular and ad hoc pricing analysis and reporting for management, including overall margin, mix, and inflation
* Work with Commercial Leadership to develop and implement product price strategies, including segment strategies for various markets and channels
* Review and manage process that aligns operational capability with commercial strategy to target desirable business and enhance margins
* Review and make recommendations on existing pricing and margins, including forecasting and long-range projections
* Prepare multi-year cost/pricing models to include labor, materials, subcontracts, and travel, and write descriptive pricing volumes
* Requires understanding of indirect cost pools, forward pricing projections, bid multiplier rate analysis, etc.
* Align cost index/escalations to PAF mechanism
* Validate sales quotations for accuracy and profitability
* Develop process to analyze margins post-commercialization and root cause opportunities for pricing process improvement
* Analyze pricing strategies and review contracts to fully understand execution of agreements
* Establish system of documentation, communication, and review of internal and external comparative price data, including wins and losses due to price
* Perform margin and pricing analysis to support key business initiatives as required
* Perform monthly analysis of existing transactional level data to identify price/margin erosion and assist sales, operations, and supply chain/planning teams in constructing and implementing solutions

Requirements:

* Bachelor's degree and 5-10 years of experience in finance, pricing, commercial, or other related areas
* Preferred MBA
* Proficient in Microsoft Office products
* Strong analytical and problem-solving skills and attention to detail

Language Code: en-US



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