At a Glance
- Tasks: Lead pricing strategy and governance for innovative SaaS solutions in public transport.
- Company: Join Optibus, a pioneering software platform transforming public transportation globally with AI and ML.
- Benefits: Enjoy a hybrid work model, flexible hours, and a collaborative culture focused on innovation.
- Why this job: Make a real impact on sustainable transit while working with passionate global teams.
- Qualifications: Bachelor's degree required; experience in pricing strategy and data analytics essential.
- Other info: Optibus values diversity and offers an inclusive hiring process for all candidates.
The predicted salary is between 48000 - 84000 £ per year.
Optibus is a unified software platform revolutionizing public transportation planning, scheduling, and operations in over 6,000 cities worldwide. Using AI, ML, and optimization algorithms, it empowers agencies to design more efficient, equitable, and sustainable transit networks, enhancing passenger access, reducing emissions, and improving driver conditions. With offices globally and a team of 350+ employees, Optibus fosters a collaborative culture centered on innovation, determination, and impact.
We offer a hybrid work environment, with employees expected to be in the office two days a week at our London Wall office. The remaining days can be worked remotely to support work-life balance and flexibility. We are seeking an experienced and data-driven Commercial Pricing Manager to spearhead pricing strategy and governance. This critical role will ensure the development of pricing models and policies that align with Optibus' mission of transforming public transportation systems worldwide. Reporting into the Global VP of Revenue Operations, you will work closely with sales, finance, and customer-facing teams to optimize pricing strategies, drive revenue growth, and ensure compliance with revenue recognition standards, while delivering value for both customers and the business.
Key Responsibilities:
- Design and implement effective pricing models for Optibus’ SaaS solutions, considering customer needs, market trends, and business goals.
- Collaborate with sales and finance teams to ensure all deals meet revenue recognition and compliance standards.
- Partner with the sales team to structure deals that balance customer value with business profitability, supporting complex contract negotiations as needed.
- Develop pricing frameworks that consider the unique operational and financial challenges of public transport agencies, ensuring affordability and value.
- Regularly assess the impact of pricing decisions on revenue, customer acquisition, and retention, and refine strategies accordingly.
- Work with the product, finance, and marketing teams to align pricing with product features, marketing campaigns, and financial goals.
- Provide insights and reporting to leadership on pricing strategy outcomes, forecasts, and opportunities for growth.
Requirements:
- Bachelor’s degree in Business Administration, Economics, Finance, or a related field. A master’s degree is preferred.
- Proven experience in pricing strategy, SaaS or enterprise software pricing, and revenue management.
- Strong understanding of revenue recognition principles and compliance frameworks.
- Expertise in data analytics and tools such as Excel, SQL, and BI platforms (e.g., Tableau, Power BI).
- Experience working with public transportation agencies or a deep understanding of transit operations is desirable.
- Excellent interpersonal and collaboration skills to work effectively across teams.
- Strategic thinker with a data-driven approach.
- Strong financial acumen and attention to detail.
- Effective communicator, capable of simplifying complex concepts for diverse audiences.
- Proactive and results-oriented with the ability to balance competing priorities.
Why Join Optibus?
- Be part of a company revolutionizing public transportation with cutting-edge technology.
- Collaborate with global teams passionate about sustainability and innovation.
- Enjoy a dynamic and inclusive workplace culture that values growth and creativity.
Optibus is proud to be an equal opportunity employer. We hire talented individuals, regardless of gender, race, ethnicity, ancestry, age, disability, sexual orientation, gender identity or expression, cultural background, religious beliefs, or any other characteristic protected by federal, state, or local laws. It is our responsibility at Optibus to provide an inclusive and accessible interview experience for all. We will provide reasonable accommodations for all candidates in need of individualised support during the hiring process.
Commercial Pricing Manager employer: Optibus
Contact Detail:
Optibus Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Pricing Manager
✨Tip Number 1
Familiarise yourself with the latest trends in SaaS pricing strategies, especially within the public transportation sector. Understanding how companies like Optibus leverage AI and ML for pricing can give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the public transport and SaaS industries. Attend relevant webinars or industry events to connect with people who might provide insights into Optibus' culture and expectations for the Commercial Pricing Manager role.
✨Tip Number 3
Prepare to discuss your experience with data analytics tools like Excel, SQL, and BI platforms. Be ready to share specific examples of how you've used these tools to drive pricing strategy and revenue growth in previous roles.
✨Tip Number 4
Research Optibus' current pricing models and any recent changes in their approach. Being able to articulate your thoughts on their pricing strategy and suggest improvements can demonstrate your proactive mindset and strategic thinking.
We think you need these skills to ace Commercial Pricing Manager
Some tips for your application 🫡
Understand the Role: Before applying, take the time to thoroughly understand the responsibilities and requirements of the Commercial Pricing Manager position at Optibus. Tailor your application to highlight relevant experience in pricing strategy and SaaS solutions.
Craft a Compelling CV: Ensure your CV is up-to-date and clearly outlines your experience in pricing strategy, revenue management, and data analytics. Use specific examples to demonstrate your expertise and achievements in these areas.
Write a Strong Cover Letter: In your cover letter, express your passion for transforming public transportation and how your skills align with Optibus' mission. Highlight your strategic thinking and data-driven approach, and mention any relevant experience with public transport agencies.
Showcase Your Analytical Skills: Since the role requires strong analytical skills, consider including a section in your application that showcases your proficiency with tools like Excel, SQL, and BI platforms. Mention any specific projects where you used these skills to drive results.
How to prepare for a job interview at Optibus
✨Understand the Role and Responsibilities
Before the interview, make sure you thoroughly understand the key responsibilities of a Commercial Pricing Manager. Familiarise yourself with pricing models, revenue recognition standards, and how they apply to SaaS solutions. This will help you articulate your relevant experience and how it aligns with Optibus' mission.
✨Showcase Your Data-Driven Approach
Since this role requires a strong understanding of data analytics, be prepared to discuss your experience with tools like Excel, SQL, and BI platforms. Bring examples of how you've used data to inform pricing strategies or improve revenue management in previous roles.
✨Demonstrate Collaboration Skills
Optibus values teamwork, so highlight your ability to work effectively across different departments. Prepare examples of past collaborations with sales, finance, or product teams, and how those partnerships led to successful outcomes in pricing strategy or contract negotiations.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and strategic thinking. Think about potential challenges in pricing for public transportation agencies and how you would address them. This will demonstrate your proactive mindset and ability to balance customer value with business profitability.