Thermo Fisher Scientific

Senior Manager, Pricing

Thermo Fisher Scientific

full-time

Posted on:

Location Type: Remote

Location: MassachusettsUnited States

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Salary

💰 $240,053 - $297,400 per year

Job Level

Tech Stack

About the role

  • Support Chromatography and Mass Spectrometry Division (CMD) and Instrument and Enterprise Services Division (IES) to develop and implement the Division’s global pricing strategy
  • Lead and coach a team of Pricing Analysts; build a strong team and develop high potential talent by creating a successful work environment
  • Apply pricing expertise and data analytics to bring forward insights and recommendations to business leadership that make a measurable impact on growth objectives
  • Lead pricing forecast, improve forecasting model and process, and drive alignment among cross-functional business partners
  • Proactively review and optimize pricing approval process and Discount Authority Matrix (DAM) to balance and optimize price realization and commercial efficiency
  • Handle pricing reporting and performance reviews with division and functional leadership
  • Lead annual price roll and all the off-cycle price update processes
  • Collaborate with Data Analytics team to build pricing tools, models, and dashboards to empower business to make informed pricing decisions
  • Collaborate with IES division key stakeholders, other AIG pricing teams, Corporate Global Strategic Pricing team (GSP) to drive continual process improvements and adopt good practices

Requirements

  • Bachelor’s degree in Finance, Business Administration, Mathematics, Statistics, Economics, or related field of study
  • 7 years of experience in Pricing, Finance, Marketing, Product Management, Commercial, or related experience
  • Experience using Excel to analyze large datasets and build data models
  • Developing and implementing pricing strategies for products or services, including dynamic pricing, tiered pricing, and promotional pricing
  • Using data analytics tools like Power BI, Tableau, or SQL to gather insights from large datasets and inform pricing decisions
  • Experience of setting up Key Value Indicators (KVI’s) and developing price elasticities, and proper adjustment of pricing to mitigate inflation
  • Managing multiple projects, processes, and assignments with varying deadlines
  • Experience managing people
Benefits
  • A choice of national medical and dental plans, and a national vision plan, including health incentive programs
  • Employee assistance and family support programs, including commuter benefits and tuition reimbursement
  • At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy
  • Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
  • Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount
Applicant Tracking System Keywords

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

Hard Skills & Tools
pricing strategydata analyticspricing forecastdynamic pricingtiered pricingpromotional pricingKey Value Indicators (KVI)price elasticitiesExceldata modeling
Soft Skills
leadershipcoachingteam buildingcollaborationproject managementcommunicationanalytical thinkingproblem solvingorganizational skillsadaptability