- Salary
- $118k – $157k
- Location
- MN - Chaska Jonathan, United States of America · Billerica, MA
- Type
- Full-time
- Department
- IT
- Seniority
- Lead
- Education
- Bachelor
- Source
- Workday
Description
Job Title:
Lead, Product Management – Pricing & ProfitabilityJob Description:
THE ROLE:
Entegris is seeking a Lead Product Manager, Pricing and Profitability to develop, execute, and optimize pricing and profitability processes and strategies. As our new Pricing and Profitability Lead, you will coordinate and partner with our divisional teams, and critical support functions, to drive the maximization of product margins across our dynamic business.
What You'll Do:
Leverage existing AI and standard analytical tools to develop and execute pricing strategies in coordination with the divisional business teams that align with company goals, considering factors like market conditions, competitor pricing, discounting strategies, and product costs
Partner with various stakeholders to gain consensus on business drivers and requirements for product profitability measurements and related analytics
Provide leadership and guidance to business partners and support functions on the development of long-range profitability improvement strategy roadmaps including product lifecycle portfolio optimization
Create cost and profitability analytics, decision support tools, and related materials to support pricing strategy development including market trends and customer buying behaviors
Conduct periodic training covering available pricing analytics, reporting, tools and processes for all appropriate functions
Evaluate and develop creative solutions, improvements to pricing and profitability related business processes and challenges on an on-going basis
Work closely with sales, product management, and finance teams to ensure pricing strategies are effectively communicated and implemented
Develop and maintain pricing models, including list prices, discount structures, and pricing strategies in coordination with the product management teams
Track and analyze pricing performance, including sales trends, revenue generation, and profitability, and reporting findings to management
Identifying and assessing potential risks and opportunities associated with pricing strategies and recommending mitigation strategies
Staying up to date on pricing analysis methods, industry trends, and best practices to continuously improve pricing strategies, support tools, and training materials
What We Seek:
Undergraduate Degree (4 years or equivalent) in Business, Accounting, Finance, or Data Science/Analytics
A minimum of five years of progressive pricing and/or product management experience driving activities that influence and impact profitability
Ability to analyze large datasets, identify trends, provide insights and recommendations to stakeholders to develop data-driven pricing strategies
Strong verbal, written and presentation skills; the ability to communicate clearly and influence and lead others around complex pricing concepts and strategies
Ability to develop and implement long-term pricing strategies that align with business goals
Ability to manage multiple projects or initiatives simultaneously and meet deadlines
Experience with pricing software, data analysis tools, and financial modeling
A self-starter who is curious, agile, creative and able to work and communicate across geographic boundaries and multiple cultural environments
The ability to manage conflict constructively and align cross functional team members to make and act on decisions that enhance portfolio and business value creation
Experience analyzing the entire product life cycle, from new product creation, go to market and launch strategies, and sustaining investments with a focus on margin optimization
Ability to travel up to 10% of the time
WHY WORK AT ENTEGRIS?
Lead. Inspire. Innovate. Define Your Future.
Not everyone who works for a global company shares the same background, experiences and perspectives. We leverage the differences of our employees to bring new ideas to the table. Every employee throughout the company is encouraged to share input on projects and initiatives. Our decision-making process is truly a collaborative effort as we realize there are leaders at every level of the organization. We put our values at the core of how we operate as an organization — not just when it’s convenient, but in a lasting and meaningful way. We want the time and energy you spend here to have a positive impact on your life inside and outside of the office.
WHAT WE OFFER
Our total rewards package goes above and beyond just a paycheck. Whether you’re looking to build your career, improve your health, or protect your wealth, we offer generous benefits to help you achieve your goals.
Compensation: $118,000- $157,000 per year range with actual pay dependent on candidate overall skills for the role
Annual bonus eligibility
Progressive paid time off policy that empowers you to take the time you need to recharge
Generous 401(K) plan with an impressive employer match with no delayed vesting
Excellent health, dental and vision insurance packages to fit your needs
Education assistance to support your learning journey
A values-driven culture with colleagues that rally around People, Accountability, Creativity and Excellence
Entegris does not provide immigration-related sponsorship for this role. Do not apply for this role if you will need Entegris immigration sponsorship (e.g., H1B, TN, STEM OPT, etc.) now or in the future.
At Entegris we are committed to providing equal opportunity to all employees and applicants. Our policy is to recruit, hire, train, and reward employees for their individual abilities, achievements, and experience without regard to race, color, religion, sexual orientation, age, national origin, disability, marital or military status.
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