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- Tasks: Lead pricing strategy and optimise pricing models for our product portfolio.
- Company: Join a dynamic wellness and fitness services company in Runcorn.
- Benefits: Flexible working hours, hybrid model, and competitive salary.
- Why this job: Make a real impact on pricing strategies and collaborate across teams.
- Qualifications: 5 years in pricing or finance, strong Excel skills, and analytical mindset.
- Other info: Great career growth opportunities in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Product Pricing Manager – EU Commercial
Purpose of the role: The Product Pricing Manager will play a crucial role in developing, maintaining, and optimising the pricing strategy across our entire product and service portfolio. This role bridges the gap between the commercial, finance, production, and procurement teams to ensure accurate, competitive, and profitable pricing. You will lead the pricing process from quote generation through to financial modelling and post-launch analysis, providing vital support to the sales and leadership teams.
Key Responsibilities
- Develop and maintain pricing models and tools to reflect true cost-to-serve and margin.
- Prepare and review accurate customer quotes and tenders, ensuring consistency with internal costings and strategic pricing guidelines.
- Work closely with Sales, Production, Procurement, and Technical teams to gather accurate cost data, including raw materials, labour, packaging, and overheads.
- Analyse pricing performance by customer, product line, and market segment to identify profitability trends and optimisation opportunities.
- Monitor trends, competitor pricing, and market dynamics to support strategic pricing.
- Ensure pricing structures comply with regulatory requirements and customer agreements.
- Assist in new product introduction (NPI) pricing models and financial viability assessments.
- Provide support and insights for commercial negotiations and renewals.
- Lead pricing governance processes including documentation, version control, and audit trails.
- Produce regular pricing reports and dashboards for internal stakeholders, highlighting risks and opportunities.
Education/Experience/Qualifications
- 5 years’ experience in pricing, commercial finance, product costing, or margin analysis.
- Bachelor’s degree in Finance, Accounting, Business, Economics, or a related field.
- A relevant professional qualification (or part-qualified) such as CIMA, ACCA, or ACA is highly desirable.
- Strong understanding of cost accounting, margin analysis, and financial modelling.
- Proficiency in Microsoft Excel (including advanced formulas, pivot tables, and financial modelling).
- Familiarity with ERP systems (e.g., SAP, NetSuite, Dynamics) and pricing/quoting tools.
Key Requirements
- Proven experience in pricing, commercial finance, or product costing, ideally within pharmaceutical, nutraceutical, FMCG, or contract manufacturing environments.
- Strong financial modelling and Excel skills.
- Experience with pricing software or BI tools is a plus.
- Excellent analytical skills and attention to detail.
- Commercial acumen and an understanding of margin management.
- Experience in cross-functional collaboration with sales, finance, and production teams.
- Knowledge of cost accounting, product BOMs, and manufacturing processes is highly desirable.
- Strong organisational and communication skills.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Degree in Finance, Business, Economics, or related field preferred.
This list is not exhaustive, and duties and responsibilities may change as the role develops.
Competitive, negotiable depending on experience and qualifications.
Working Arrangements
Hours of work: Full time, 37.5 hours per week, Monday to Friday. Flexible working hours between 07:00 and 17:45, with early finishes on Fridays, and 30 minutes for lunch.
Location: Runcorn, Cheshire, United Kingdom. Hybrid working model: 3 days per week office-based, 2 days per week remote.
Start Date: Immediate
How to Apply: To apply please submit a CV and covering letter on LinkedIn.
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Management and Manufacturing
Industries
- Wellness and Fitness Services
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Product Pricing Manager employer: HBI Thompson & Capper
Contact Detail:
HBI Thompson & Capper Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Pricing Manager
✨Tip Number 1
Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its pricing strategies. Show them you understand their market and how you can contribute to their success.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience in pricing and financial modelling makes you the perfect fit for the role. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you’re serious about joining the team.
We think you need these skills to ace Product Pricing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Product Pricing Manager role. Highlight your experience in pricing, financial modelling, and cross-functional collaboration to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing strategy and how your background makes you the perfect fit for our team at StudySmarter.
Showcase Your Analytical Skills: Since this role involves a lot of analysis, don’t forget to mention specific examples where you've successfully used your analytical skills to drive pricing decisions or optimise margins.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates!
How to prepare for a job interview at HBI Thompson & Capper
✨Know Your Numbers
As a Product Pricing Manager, you'll need to demonstrate your strong financial modelling skills. Brush up on your Excel proficiency, especially with advanced formulas and pivot tables. Be ready to discuss specific examples of how you've used these skills in previous roles to optimise pricing strategies.
✨Understand the Market
Familiarise yourself with current trends in pricing within the pharmaceutical, nutraceutical, or FMCG sectors. Research competitors' pricing strategies and be prepared to discuss how you would approach pricing in response to market dynamics. This shows that you’re not just a number cruncher but also have commercial acumen.
✨Cross-Functional Collaboration
Highlight your experience working with various teams like Sales, Production, and Procurement. Prepare examples of how you've successfully collaborated across departments to gather cost data or improve pricing models. This will show that you can bridge gaps and work effectively in a team-oriented environment.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about potential challenges in pricing governance or customer negotiations and how you would handle them. Practising these scenarios can help you articulate your thought process clearly during the interview.
