Job Role: Pricing Manager
Reports to: Head of Procurement
Role Status: Permanent
Number Reports: 2 Direct Reports
Office Location: Burton, Winsford, Chester, Dumfries
Job Purpose
The purpose of this role is to oversee and manage the company's price book, ensuring that all product and service pricing is accurate, competitive, and aligned with company strategy. The Price Book Manager will lead a team, coordinate with various departments, and ensure that pricing data supports the company's sales, marketing, and financial goals. Ensuring all invoices received are at the agreed contractual price. You will ensure that all Vendor RPI or other increases are forecasted/tracked, and all stakeholders informed of the impact of increases and recommend mitigation to protect and maximise margins.
Main Accountabilities:
- Price Book Management: Lead the company development, maintenance, and continuous improvement of the company's Vendor Price & RRP price book, ensuring all pricing information is current and accurate.
- Rebates & Discounts: As part of the price book development process ensure Rebates & Discounts are correctly recorded and monitored to highlight potential over & under performance to allow mitigations to take place.
- Team Leadership: Manage a team of price book administrators, providing guidance, training, and performance management.
- Pricing Strategy: Work closely with key stakeholders to develop and implement pricing strategies that are competitive and align with business objectives.
- Cross-Department Collaboration: Collaborate with sales, marketing, finance, and product teams to ensure pricing consistency and resolve any discrepancies or issues.
- Market Analysis: Conduct regular market and competitor analysis to inform pricing decisions and ensure the company's offerings remain competitive.
- Compliance: Ensure all pricing activities comply with company policies, industry standards, and regulatory requirements.
- Reporting: Generate and present detailed reports on pricing performance, trends, and impacts to senior management and wider business.
- Process Improvement: Continuously assess and improve pricing processes and systems to enhance efficiency and accuracy.
Person Specification (role requirements):
- Leadership Skills: Proven experience in managing and developing a team.
- Strategic Thinking: Ability to develop and implement effective pricing strategies aligned with business strategy and goals.
- Attention to Detail: Meticulous attention to detail to ensure the accuracy of pricing data and documentation.
- Analytical Skills: Strong analytical capabilities to assess market data and inform pricing decisions.
- Communication Skills: Excellent written and verbal communication skills, with the ability to present complex information clearly.
- Technical Proficiency: Proficient in pricing software, databases, and advanced Excel functions.
What else looks good for this role:
- industry Experience: Prior experience in pricing management within the specific industry sector.
- Problem-Solving: Demonstrated ability to proactively identify and resolve pricing issues.
- Adaptability: Flexibility to adapt to changing business needs and work effectively under pressure.
- Team Collaboration: Proven ability to work collaboratively with cross-functional teams.
- Continuous Improvement Mindset: A strong focus on process improvement and operational efficiency
Why work for Babble?
- Company Pension - 4% Employee contribution
- 22 days holiday Balance + UK Bank Holidays - with increased annual leave based on length of service
- Life Assurance - 4x Annual Salary
- Optional Health Insurance - Bupa
- Optional Health Cash Plan - Health Shield
- We work a 9-day fortnight - every other Friday off.
- £1,000 payment after 10 years service
- Season Ticket Commuter Loan
- Charities Trust - Donations to charities pre tax
- Annual Company Celebrations
Hybrid-Working Policy
You will be contracted to work from the office however, Babble operates a non-contractual Hybrid Working Policy whereby you will be required to be in the office on company anchor days (Monday, Tuesday and Thursday) and will be able to work from home on Wednesday and Friday. Unless your role has different requirements.
The recruitment journey
We want to fill this role quickly, but we want to get the right person. The recruitment process will consist of a screening call with the " hiring manager ". If you proceed past this then you will have an interview with the hiring manager and possibly one other member of the Executive Leadership Team / management team.
Who are Babble?
In the last 5 years, we have seen stratospheric growth and were recently named the 2nd fastest-growing technology company in the UK. We primarily grow by acquiring businesses that
have worked hard to build their regional leadership, allowing their founders to enjoy the rewards of their efforts. In doing so, we give their customers access to products and expert advice that would never have been possible otherwise. As a result, we have welcomed over 20,000 customers from over 34 successful businesses to the Babble family - and that number grows every month.
About Us Leading UK Cloud Solutions Provider Babble
Babble is committed to encouraging diversity of skills, experience and ability amongst our workforce, and to creating an inclusive environment that is free of discrimination. We encourage applications from all backgrounds and communities and value the positive impact that diversity of thought has on our teams.
Direct candidates only please
October 2024
