Senior Manager, Strategic Pricing

SCOPE OF LEADERSHIP ROLE

Regal Rexnord is seeking a Sr Manager, Strategic Pricing to join our Industrial Powertrain Solutions segment finance team.

This is a critical role to lead our pricing strategy across the segment and partner with business leaders in each division to align pricing with our business objectives.

This is a great opportunity for a self-driven leader who will analyze market data to drive competitive pricing analysis and positioning and lead stakeholder communication.

Key Responsibilities

• Pricing Strategy Development and Deployment
• Drive Pricing strategy by providing recommendations that align with market performance and competitive dynamics.
• Develops tactical and strategic pricing initiatives to maximize overall revenue while ensuring alignment with company objectives.
• Utilize price realization results, inflationary trends, 80 / 20 methodology and competitive landscape insights to optimize pricing Strategy
• Translate Commercial team and company objectives into actionable items for Divisional Pricing team members.
• Participate in Strategic, Annual and Quarterly price planning and process updates
• Drive the design and ongoing refinement of pricing analysis tool capabilities.
• Pricing Steering Committee Leadership
• Lead the Pricing Steering Committee comprised of executive and business leadership.
• Communicates pricing trending and activity to business stakeholders and executive leadership team.
• Work closely with sales, marketing, finance, and product teams to align pricing with overall business objectives
• Track and proactively communicate competitor pricing actions to Commercial teams and keep visible with leadership via the Pricing Steering Committee.
• Continuously refine processes and tools to enhance price realization effectiveness.
• Market Responses, competitive pricing analysis and positioning
• Monitors competitive pricing environment and ensures pricing methods are appropriately positioned.
• Conduct pricing analysis, including price elasticity, sensitivity, and scenario modeling.
• Assess Performance and execute appropriate market-level responses based on product positioning, cost trending, value delivered / elasticity, market performance, 80 / 20, and portfolio strategies
• Monitor 80 / 20 "B" part SKU price capture and demand shaping results vs. divisional strategies to ensure desired strategies are performing as desired.
• Proactively identify pricing adjustment opportunities beyond immediate needs / market.
• Stakeholder communication
• Communicate pricing trends and activities to business stakeholders and the executive leadership team.
• Collaborate closely with sales, marketing, finance, and product teams to align pricing with overall business objectives.

PROFESSIONAL EXPERIENCE / QUALIFICATIONS

• Bachelor's degree required; major in Business, Economics, Engineering, Finance, Mathematics, or Statistics preferred. Advanced degree in Business, Economics, Statistics or Mathematics is highly preferred.
• Minimum of 5 years' experience in pricing, revenue management or related roles.
• Strong analytical skills and attention to detail.
• Experience with Oracle and / or SAP preferred.
• Experience with Power BI preferred.
• Proficiency in advanced Excel and statistical methods used in pricing modeling and forecasting.
• Awareness of current industry pricing environment, competitive landscape and recent trends.
• Skill in distilling relevant facts from large data sets.
• Ability to identify root causes and synthesize responses.

Benefits

• Medical, Dental, Vision and Prescription Drug Coverage
• Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
• Paid Time Off and Holidays
• 401k Retirement Plan with Matching Employer Contributions
• Life and Accidental Death & Dismemberment (AD&D) Insurance
• Paid Leaves
• Tuition Assistance

About Regal Rexnord

Regal Rexnord's 30,000 associates around the world help create a better tomorrow by providing sustainable solutions that power, transmit and control motion.

The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications.

The Company's automation offering, comprised of controls, actuators, drives, and small, precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company's end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments : Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control.

Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex / gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law.

Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills.

If you'd like to view a copy of the company's affirmative action plan or policy statement, please email Recruiting@RegalRexnord.

com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail [email protected].

Equal Employment Opportunity Posters

Notification to Agencies : Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies.

In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.