ConnectiveRx

SVP, Strategic Pricing and Procurement

ConnectiveRx

full-time

Posted on:

Location Type: Office

Location: Whippany • New Jersey • United States

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Salary

💰 $254,004 - $320,892 per year

Job Level

Lead

About the role

  • Leads projects to develop strategies, analytics, tools, and processes that enable the organization to grow operating margins by driving improvement to pricing and revenue management practices.
  • Develops and implements a standard pricing system.
  • Establishes and implements a framework for measuring pricing execution, including pricing waterfalls, quarterly pricing metrics and market analysis.
  • Directs and reviews quantitative and statistical studies that evaluate critical areas for improvement, including price setting, price governance and compliance.
  • Communicates recommendations and value created from implementation of strategies to EMT.
  • Builds strategic working relationships with key team members in Sales, Finance, Product, Technology, and Operations.

Requirements

  • B.S. degree in Finance or related discipline (accounting, statistics, math, economics) required.
  • 15+ years professional experience in pricing, financial analysis, economics, or revenue optimization.
  • Experience in the pharmaceutical or healthcare industry strongly preferred.
  • Proven capabilities involving pricing concepts, such as price elasticity, transaction profitability assessment, margin and revenue analysis, price band analysis, and price waterfall analysis.
  • Advanced Excel and Microsoft Office skills required.
  • Ability to analyze cost of goods as it relates to internal services and external vendors to identify gross margin and financial impact.
  • Excellent communication skills and experience working closely with EMT, SMT and customers.
Benefits
  • Employees at ConnectiveRx can access comprehensive benefits, including medical, dental, vision, life, and disability insurance.
  • The company regularly reviews and updates its health, welfare, and fringe benefit policies to ensure competitive offerings.
  • Employees may also participate in the company’s 401(k) plan, with employer contributions where applicable.
  • ConnectiveRx provides a flexible paid time off (PTO) policy for exempt employees, covering sick days, personal days, and vacations.
  • Employees also receive eight standard company holidays and three floating holidays annually, with prorations applied in the first year.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
pricing strategiesrevenue managementpricing system developmentpricing execution measurementquantitative analysisstatistical studiesprice governanceprice elasticitymargin analysisadvanced Excel
Soft Skills
communication skillsstrategic relationship buildingteam collaborationanalytical thinkingproblem-solving