Sr Manager, Pricing

Work Schedule

Environmental Conditions

Job Description

COMPANY:                            Thermo Fisher Scientific Inc.

LOCATION:                            168 Third Avenue, Waltham, MA 02451

TITLE:                                    Sr Manager, Pricing

HOURS:                                  Monday to Friday, 8:00 am to 5:00 pm

DUTIES:                                 Support Chromatography and Mass Spectrometry Division (CMD) and Instrument and Enterprise Services Division (IES) to develop and implement the Division’s global pricing strategy.
Lead and coach a team of Pricing Analysts; build a strong team and develop high potential talent by creating a successful work environment.
Apply pricing expertise and data analytics to bring forward insights and recommendations to business leadership that make a measurable impact on growth objectives.
Lead pricing forecast, improve forecasting model and process, and drive alignment among    cross-functional business partners.
Proactively review and optimize pricing approval process and Discount Authority Matrix (DAM) to balance and optimize price realization and commercial efficiency.
Handle pricing reporting and performance reviews with division and functional leadership.
Lead annual price roll and all the off-cycle price update processes.
Collaborate with Data Analytics team to build pricing tools, models, and dashboards to empower business to make informed pricing decisions.
Collaborate with IES division key stakeholders, other AIG pricing teams, Corporate Global Strategic Pricing team (GSP) to drive continual process improvements and adopt good practices. Travel: Up to 20% domestic and international travel required. Can work remotely or telecommute.

REQUIREMENTS:                  MINIMUM Education Requirement: Bachelor’s degree in Finance, Business Administration, Mathematics, Statistics, Economics, or related field of study. MINIMUM Experience Requirement:  7 years of experience in Pricing, Finance, Marketing, Product Management, Commercial, or related experience.  Alternative Education and Experience Requirement:  Master’s degree in Finance, Business Administration, Mathematics, Statistics, Economics, or related field of study plus 5 years of experience in Pricing, Finance, Marketing, Product Management, Commercial, or related experience.  Required knowledge or experience with: Experience using Excel to analyze large datasets and build data models; Developing and implementing pricing strategies for products or services, including dynamic pricing, tiered pricing, and promotional pricing; Using data analytics tools like Power BI, Tableau, or SQL to gather insights from large datasets and inform pricing decisions; Experience of setting up Key Value Indicators (KVI’s) and developing price elasticities, and proper adjustment of pricing to mitigate inflation; Managing multiple projects, processes, and assignments with varying deadlines; and Experience managing people.

Salary: $240,053 to $297,400 per year

Compensation and Benefits

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

• A choice of national medical and dental plans, and a national vision plan, including health incentive programs

• Employee assistance and family support programs, including commuter benefits and tuition reimbursement

• At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy

• Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan

• Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards