Strategic Pricing Manager - Remote
We are excited about this position. You will work with our automated solutions for Restaurant Technologies (RT). Our service puts customers in control of optimizing their commercial kitchen operations. Reporting to the head of Product Innovation, you will partner with Sales, Product, Engineering, Operations, Accounting and Finance to define pricing strategies that maximize customer satisfaction, drive profitability, and enable predictable double-digit growth.
Responsibilities:
- Work cross-functionally to build pricing models for new business, renewals, and new product launches
- Triangulate appropriate price structures and price points using a deep understanding of:
- The product line P&L
- Customer price sensitivity & perception of value
- Business case outputs such as IRR
- Primary & Secondary research
- Financial modeling and data analysis
- Internal stakeholder feedback
- Competitive research
- Create a forum with consistent cadence and expectations where pricing for business opportunities can be brought forward and reviewed
- Collaborate on organization-wide projects such as quoting process optimization and go to market strategies
- Build financial impact models to illustrate the revenue and margin impacts of different price structures and price levels
- Identify and execute on ways to simplify pricing structure and processes
- Work with go-to-market teams to iterate on ideal pricing models that capture growth while maximizing the value of our products
- Build & maintain pricing tools such as price lists, ROI calculators, pricing reports and real time dashboards
- Partner with P&L Owners to analyze P&L, understand levers, and implement winning approaches
- Use your deep understanding of the business to communicate opportunity areas for cost reductions, demand shaping, market share capture, and operational efficiency gains
- Review and approve pricing variation requests
- Provide feedback on contract term negotiations
Requirements:
- Customer focused approach and understanding of how serving the customer leads to business results
- Proven analytical skills and able to pull insights from qualitative and quantitative sources
- 8+ years working in pricing, contracts or finance
- Proven track record of leading complex, multi-stakeholder pricing projects to success
- Bachelor's degree in finance or related field
Preferred:
- MBA or related Master’s degree desired
Inclusive Employer
At Restaurant Technologies, we celebrate diversity, believe in equity, and are committed to creating an inclusive environment for all employees; we’re proud to be an Equal Employment Opportunity and Affirmative Action employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.”
If you need assistance or an accommodation due to a disability, please contact us by email at RTCareers@rti-inc.com or call 1-888-796-4997.
Culture & Benefits
Our employees are the foundation of our success and we take care of them! Our comprehensive benefits include professional development, competitive health care coverage, incentives and a healthy work and life balance. We’ve cultivated an award-winning workplace for driven team members who enjoy a fast pace and rapid growth balanced by a flexible and supportive environment. We’ve earned recognition as a “Best Place to Work,” by the Minneapolis/St. Paul Business Journal along with The Minnesota Work Life Champions Award while consistently earning a spot on Minnesota’s Fastest Growing Companies list. In addition, we’ve earned numerous awards from our customer base who consider Restaurant Technologies a valued strategic partner.
Who We Are
Restaurant Technologies is the leading provider of highly innovative and value-enhancing bulk cooking oil management services to the food service industry. Our solution is environmentally sound, highly efficient and creates a safer, more productive work environment for restaurant personnel. With over 35,000 existing customers we are an established, profitable mid-sized company poised for double-digit growth in the coming year. We are headquartered in suburban Minneapolis, Minnesota with a growing number of sites strategically located across the U.S. serving over 41 metropolitan markets.