Pfizer Director, Strategic Revenue Management in Madison, New Jersey
Guide the review and recommendations of the revenue and trade spend to optimize revenue including management reviews with senior management
Serves as resource for single, unified pricing strategy with full linkage to the price to customer and ultimate price to the consumer
Guides development of promotional guidelines and trade spend allocation recommendations to continue to enhance performance of dollars spent
Collaborate with partners in Sales, Sales Strategy, Marketing and Finance to optimize variables for maximizing the gross to net elements of the operating plan.
Develop the Trade architecture for trade funding across US customers and track implementation of changes and adherence to the trade programs working with Sales Strategy
Responsible for the $200MM+ trade spend administration of allocation, optimization tracking and reporting inclusive of all required financial reporting and systems controls for proper reporting working with the head of US Finance
Directly supervise staff of seven including 2 managers and 5 analysts/ Sr analysts . optimize capability in the organization for success
Establish effective working relationships with the Marketing and Sales Strategy teams, the US Innovation team, Consumer and Sales Insights team, the US Customer teams and the US Finance team.
Develop, in tandem with marketing and sales strategy teams, a holistic pricing strategy and process for US PCH to fully incorporate consumer and retailer perspectives as well as incorporating pricing and profitability thinking into early stage innovation and throughout product lifecycle across customer channels
Approve annual and bi-annual pricing strategies, as well as final list prices and MPPs on price lists
Help ensure execution of the pricing strategy across the market with proper tracking and reporting tools
Develop innovative pricing programs that provide incremental revenue (or preserve revenue) to PCH while bringing added value to customers, both consumers and retailers.
Develop understanding and guidelines for usage of promotional pricing. Develop modeling around value of price clusters and usage. Create and lead rollout of promotional guidelines for field teams.
Provide strategic pricing support and thought leadership including focus on both premium and value based (lower cost) opportunities
Guide the practice of dynamic pricing working with the E-commerce team to test and adopt best practices to maximize net revenue
Ensure proper analysis is completed for the evaluation of trade spend , promotion effectiveness and pricing optimization
Perform sensitivity analysis and ensure output is fully utilized in pricing decisions. Understand pricing elasticity models and work with Market Analytics team on their BASES work.
Trade Funding and Promotion Optimization
Develop trade fund allocation and rate recommendations to be aligned with Sales Lead and Sales Strategy & Marketing
Develop process for deeper analytics in trade usage including ROI analysis.
Business process owner of Siebel, includes leading through opportunities for simplification and data accuracy. Participate on any major system upgrade or change teams for the trade administration areas
Perform financial modeling and analysis and pro forma financial statements to develop annual trade budget including optimization and sensitivity analysis as input to operating plan.
Manage monthly financial accounting and reporting of $150+ million trade, present monthly updates to senior management; work closely with Sales Team Leaders/Directors to manager trade fund budgets by Account
Promulgate promotional guidelines for field teams and develop the proper tools and tracking mechanisms for promotional effectiveness
Ensure Field Sales is properly trained on all necessary trade administration and optimization tools working with L&D
Participate in industry share groups to identify industry trends, relevant benchmarks, and best practices to improve processes and procedures P&L
8-15+ years experience in a Sales Finance or Pricing role in a major CPG or consumer health player
Experience in a field sales or sales strategy role also highly recommended
Graduate degree or MBA recommended
Excellent leadership and organizational building experiences
Experience training entry-level analysts and managers
Comfortable in insights and analytics , tools and systems
Strong background of cross-functional cooperation and communication
This leader should have high level of comfort with analysis and calculations, accuracy in evaluation of information and ability to scenario plan , as well as , estimate impact to sales and share of recommendations on pricing and trade strategies
This role will have only periodic travel for Sales meetings , training or industry based learning on COE capabilities
EEO & Employment Eligibility
Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA. Pfizer is an E-Verify employer.
Pfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations. These laws and regulations require Pfizer to provide government agencies with information such as a health care provider's name, address and the type of payments or other value received, generally for public disclosure. Subject to further legal review and statutory or regulatory clarification, which Pfizer intends to pursue, reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act. Therefore, if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse, your name, address and the amount of payments made currently will be reported to the government. If you have questions regarding this matter, please do not hesitate to contact your Talent Acquisition representative.
Additional Offer Details:
Last Date to Apply for Job: 4/27/2018
Eligible for Relocation Package
Eligible for Employee Referral Bonus
Pfizer is an equal opportunity employer and complies with all applicable equal employment opportunity legislation in each jurisdiction in which it operates.