Manager, Price Book

Minuteman Food Mart; Elizabethtown (NC); Remote; USD 50,000 - 70,000; Full time

Job summary

A leading retail company is seeking a Pricebook Manager to take charge of their product catalog database and pricing strategies. The successful candidate will collaborate with multiple departments to ensure accurate pricing, manage price changes, and drive profitability through effective pricing strategies. This role offers the flexibility of a remote/hybrid work environment, providing an opportunity to make a significant impact on the company's financial success.

Qualifications

• Bachelor's degree in Business Administration, Finance, Marketing, or related field preferred.
• 3+ years of experience in pricebook management.
• Ability to handle multiple priorities and work under tight deadlines.

Responsibilities

• Manage pricing structures and implement price changes.
• Regularly update pricebook, reflecting new product launches and market changes.
• Collaborate on long-term pricing strategy development.

Skills

Analytical skills

Communication

Interpersonal skills

Time management

Organizational skills

Critical thinking

Education

Bachelor’s degree in Business Administration

Finance

Marketing

Tools

Tableau

Power BI

PDI or ADD Systems

Job description

1 week ago Be among the first 25 applicants

The Pricebook Manager is responsible for implementing, maintaining, and optimizing the company's product catalog database and pricing structures. This role involves collaborating closely with marketing, finance, and other key departments to ensure accurate, competitive, and aligned pricing for all products and services. The Pricebook Manager will manage pricing structures, implement price changes, and ensure compliance with company guidelines, financial goals, and objectives. Additionally, this role plays a critical part in driving profitability by continuously assessing pricing strategies and identifying opportunities for cost efficiency and margin optimization.

This is a remote/hybrid position.

• Management
  
  

• Develop, maintain, and optimize the pricebook, ensuring all products and services are accurately priced, costed, and retailed.
• Ensure the pricebook hierarchy and structure are clearly defined, documented, and maintained in line with best practices, industry standards, and evolving technology.
• Regularly update the pricebook to reflect new product launches, market changes, and promotions.
• Audit the pricebook regularly to ensure data accuracy and consistency, identifying and resolving any discrepancies or errors promptly.
• Provide oversight on all invoice rebates and coordinate communication with relevant departments, as necessary.
• Align the pricebook strategy with company objectives and financial goals while ensuring internal compliance with established pricing rules, processes and timelines.
• Prepare regular reports for senior management, including promotional performance, data insights, and opportunities for financial growth.
  
  

• Strategy Alignment
• Monitor margin impacts, such as cost creep, by implementing effective cost management practices and maintaining timely communication with relevant marketing team members, Retail VP, and other stakeholders.
• Perform cost analysis and margin optimization periodically to ensure pricing accuracy and alignment with business objectives.
• Serve as a safeguard to ensure that each marketing team member fully understands how pricing decisions impact or will impact specific categories or subcategories within the overall business.
• Collaborate on long-term pricing strategy development, ensuring that the pricing structure aligns with the company's overall market positioning and profitability goals.
• Collaboration and Communication: Establish strong, collaborative relationships with key internal stakeholders, promoting trust and transparency in all pricing processes, pricebook maintenance and cost-related matters.
• Address and resolve pricing discrepancies or concerns promptly, ensuring any changes are effectively communicated.
• Keep all internal partners informed of any upcoming pricebook adjustments, including price increases, promotions, and markdown strategies to ensure smooth transitions and understanding across departments and field teams.
  

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit, hear, use hands to type data, operate business equipment and dial the telephone. They are regularly required to talk and hear. The employee is frequently required to stand, walk, sit, and lift up to 30 lbs.

WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. General office setting.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.

Qualifications

• Bachelor’s degree in business administration, Finance, Marketing, or a related field preferred.
• Demonstrated success in pricebook management (3+ years).
• Strong analytical skills and experience using data to drive decisions.
• Excellent communication, interpersonal skills, time management and organizational skills.
• Ability to handle multiple priorities and work under tight deadlines.
• Enhanced critical thinking skills to address challenges and implement effective solutions. Strong analytical skills with experience in data analysis, highly detail-oriented with a focus on accuracy and data integrity.
  

Preferred Skills

• Experience in PDI or ADD Systems back-office software.
• Category management experience (preferably in Tobacco, Cigarettes, Beer, and/ or Packaged Beverage)
• Retail convenience store and/or field management experience.
• Experience with retail analytics or business intelligence tools to track and optimize pricing strategies (e.g., Tableau, Power BI)

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Other

Job function

• Job function

  Other

• Industries

  Retail

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