Pricing Manager - Health & Wellness - Erlanger, KY

Job Summary:
The Pricing Manager will be primarily responsible for executing the pricing strategy for Health & Wellness, effectively identifying product pricing, deal execution, pricing discipline and process development. The position will champion pricing with the Director, Pricing Specialty Ingredients and Health & Wellness, product managers and sales organization and embed a pricing and margin expansion mindset in the organization. This position will work closely with product managers, sales, customers, procurement, product development, supply chain and accounting teams globally. While the primary focus is Health & Wellness, this position will have exposure to Specialty Ingredients by supporting the Specialty Ingredients  pricing activities as needed.

This position will currently report to the Director, Pricing Specialty Ingredients and Health & Wellness and be located in Erlanger, Kentucky.
     
Essential Job Functions:Perform price execution activities and set discipline by executing and enforcing standard processes for robust repeatable deal support and evaluationResponsible for fulfilling pricing requests from Sales and others, prepare and analyze pricing performance reporting, identifying pricing opportunities, and analyzing customer performanceReview and support deal analysis using supporting materials, pricing tools, and data to determine acceptability and build end to end view on profitabilityDevelop and execute the annual pricing strategy for assigned business and product lines to meet the company’s revenue and margin growth requirementsIdentify opportunities to development pricing tools including analyzing pricing models in collaboration with Pricing Analytics teamSupport a continuous margin improvement mindset by executing and communicating pricing decisions in alignment with the pricing strategy and the objectives of related pricing leversWork cross functionally to support pricing activities of strategic customer accounts with in-depth knowledge of customer contracts and pricing obligations and analysis of global pricingWork closely with a global set of stakeholders on market conditions and material changes to execute periodic price and annual price increasesSupport adoption of pricing tools and performance reporting by other stakeholdersPrepare and give presentations to senior leadership as well as outside customers, as requiredJob Qualifications:Bachelor’s degree in Business Management, Food Science (or equivalent experience/ background), or related business or technical degree supplemented with a minimum of 5+ years’ relevant work experience with demonstrated success inChange management leadershipStrategic planningImplementation of new processes and systemsAdvanced degree in analytics, data modeling, statistics is a plusStrong strategic thinker that is considered a future leader with prospects to move into more senior (e.g., general manager, corporate leadership) positionSuperior verbal and written communication skills with the ability to synthesize marketing and pricing information to draw insights and actionable recommendations (e.g., structure the problem, collect data, identify issues, and present results) and communicate with all levels of the organizationStrong negotiating skills based on a thorough understanding of sales/marketing practices with the ability to create credibility and establish long-term relationshipsDemonstrated capacity to excel within fast-paced work environmentProven ability to manage multiple priorities effectively within a team-based work environment and ability to gain buy-in/ commitment from internal stakeholdersCommitment to corporate ethics policies and safety programsExperience with using Excel to develop ad hoc analysis and sustainable analytical models and reportsExperience with Power BI and large ERP systems (e.g. SAP, JDE, etc.) is a plusExcited about this role but don’t think you meet every requirement listed? We encourage you to apply anyway. You may be just the right candidate for this role or another one of our openings.

ADM requires the successful completion of a background check. 

REF:104222BR