Pricing Specialist

Fortune Brands; Illinois; Hybrid; USD 40,000 - 60,500; Full time

Benefits offered by this job

Health plans

401(k) with company contribution

Product discounts

Flexible time off

Adoption benefits

Employee Resource Groups

Job summary

Fortune Brands Innovations, Inc. is seeking a detail-oriented Database Pricing Specialist in Deerfield, IL (Hybrid). You will manage pricing master data, implement annual increases, and ensure pricing information accuracy across ERP systems.

The role emphasizes customer service experience, pricing knowledge, and compliance with SOX. You will analyze, correct, and report pricing data, while supporting audits and process improvements.

Qualifications

• High School Diploma or Associate’s degree required.
• 2+ years of customer service experience required.
• Extensive knowledge of Oracle/SAP pricing, order fulfillment and material master.
• Strong knowledge of SOX compliance requirements in pricing.
• Excellent analytical and communication skills; able to interact with all levels.
• Ability to prioritize, organize and pay attention to detail.
• Ability to interact with internal and external auditors.

Responsibilities

• Manage pricing master data requirements and implement annual price increases.
• Analyze and correct pricing and product errors to maintain data integrity across systems.
• Process customer price credits within 48 business hours of receipt.
• Generate pricing reports and distribute customer price sheets.
• Run daily audits and review audit files.
• Analyze audits from ERP data dumps and Power Pivot in Excel.
• Run ad-hoc reports and manage projects as required.

Skills

2+ years customer service experience

Analytical skills

Effective written and oral comms

Prioritize and manage multiple tasks

Education

High School Diploma/GED or Associate’s degree

Tools

Oracle/SAP pricing modules

Excel (Power Pivot)

ERP systems basics

Job description

Fortune Brands Innovations, Inc. is an industry-leading home, security and digital products company. We’re focused on exciting opportunities within the home, security and commercial building markets. Our driving purpose is to elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

At Fortune Brands, we’re building something big. We’re advancing exciting innovations in all of our products and processes. We’re delivering trust, dependability, sustainability, and style. To make it all happen, we’ve transformed our workplace into an environment where smart, ambitious people have the support to reach their fullest potential.

When you join Fortune Brands, you become part of a high-performing team empowered to think big, learn fast and make bold decisions. We support an inclusive culture where everyone is encouraged be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

We are seeking a detail-oriented and experienced individual to join our team as a Database Pricing Specialist. In this role, you will be responsible for managing pricing master data, implementing annual price increases, and ensuring the accuracy of pricing and product information in our ERP systems. Additionally, you will play a key role in analyzing and correcting errors to maintain the integrity of various business processes. The ideal candidate will have a strong background in customer service, extensive pricing knowledge, and a commitment to ensuring compliance with SOX requirements. If you possess excellent analytical skills, effective communication abilities, and the ability to prioritize and make timely decisions, we invite you to apply for this exciting opportunity.

Position location:

Deerfield, IL - Hybrid (Flexibility to work from home Mondays and Fridays)

RESPONSIBLIITIES:

What you will be doing

• Manage all pricing master data requirements as it pertains to pricing, implementing annual price increase into the computer, discount structures, customer net prices, sales deals, deviations and exclusions.
• Analyze and correct pricing and product errors in the foundation to maintain the integrity of Order Entry, Sales/Bex Reporting, Accounts Receivable, and Distribution.
• Responsible for the validation and processing of customer’s requests for price credits, within 48 business hours of receipt
• Responsible for the generation of pricing reports, as well as generation and distribution of customer price sheets
• Run and review daily audits files
• Analyze audits from customer accounts utilizing ERP data dumps and power pivots in Excel
• Run Ad-Hoc reports and manage projects as required.

QUALIFICATIONS:

• High School Diploma/GED or Associate’s degree in a related field is required.
• 2+ years of customer service-related experience is required.
• Extensive knowledge of Oracle/SAP modules/Business processes for Pricing, Order Fulfillment and Material Master.
• Strong knowledge of SOX compliance requirements as it pertains to the Pricing Department.
• Extensive knowledge of the Competitive Job Quote (CJQ) process as it pertains to CJQ functionality, pricing error resolution on orders, and monthly reconciliation process for specific accounts.
• Solid analytical skills and ability to communicate effectively with all levels and areas of the organization – both oral and written
• High competency level with problem resolution and timely decision making
• Must exercise strength in effective prioritization, organization and attention to detail
• Ability to interact with Internal and External Auditors.

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $40,000 USD - $60,500 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.

Equal Employment Opportunity

Fortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

Fortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [e-mail] and let us know the nature of your request along with your contact information.

Important Notice: Protect Yourself from Fraudulent Job Postings

To protect yourself from fraudulent job postings or recruitment scams, please note that Fortune Brands job postings are exclusively hosted on our website at fbin.com/careers via our SmartRecruiters platform. Fortune Brands will never request banking information or sensitive personal details until an offer of employment has been accepted and the onboarding process begins.