Develop and implement pricing strategies for spare parts and services, aligned with company goals and objectives
Conduct market research and competitor analysis to inform pricing decisions and develop total cost of ownership models
Collaborate with cross-functional teams, including sales, marketing, and product management, to ensure pricing strategies are aligned with business objectives
Value-Based Accounting (VBA) Expertise
Apply VBA principles to drive pricing decisions, ensuring alignment with company financial goals
Develop and maintain pricing models that accurately reflect the value of spare parts and services
Analyze and interpret financial data to inform pricing decisions
Analytical and Data-Driven Insights
Develop and maintain pricing dashboards and reports to track key performance indicators (KPIs)
Analyze sales data, customer behavior, and market trends to identify pricing opportunities
Provide data-driven insights to inform pricing decisions and drive revenue growth
Stakeholder Management
Collaborate with internal stakeholders, including sales, marketing, and product management, to ensure pricing strategies are aligned with business objectives
Develop and maintain relationships with external stakeholders, including customers and suppliers
Communicate pricing strategies and results to senior leadership and other stakeholders
Process Improvement
Identify opportunities to improve pricing processes and workflows
Develop and implement process improvements to increase efficiency and effectiveness
Collaborate with cross-functional teams to implement process changes
Requirements
Bachelor's degree in Business Administration, Finance, Economics, or related field
5+ years of experience in pricing, finance, or a related field
Strong understanding of value-based accounting principles and their application in pricing decisions
Proven analytical and problem-solving skills, with ability to interpret complex data and drive insights
Excellent communication and stakeholder management skills, with ability to present complex information to senior leadership and other stakeholders
Strong business acumen and understanding of global markets and competitors
Proficiency in Microsoft Office, particularly Excel, and ability to learn new tools and technologies
Certification in pricing or finance, such as CPM or CFA preferred
Experience working in a global organization, with knowledge of international markets and competitors
Familiarity with pricing software and tools, such as pricing analytics platforms
Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a minimum of 3 days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
US Benefits at Baxter (exce
Benefits
Health insuranceFlexible schedule
Additional Information
This is where your work makes a difference.
At Baxter, we believe every person-regardless of who they are or where they are from-deserves a chance to live a healthy life. It was our founding belief in 1931 and continues to be our guiding principle. We are redefining healthcare delivery to make a greater impact today, tomorrow, and beyond.
Our Baxter colleagues are united by our Mission to Save and Sustain Lives. Together, our community is driven by a culture of courage, trust, and collaboration. Every individual is empowered to take ownership and make a meaningful impact. We strive for efficient and effective operations, and we hold each other accountable for delivering exceptional results.
Here, you will find more than just a job-you will find purpose and pride.
Your role:
The Manager, Pricing Strategy will be responsible for developing and implementing pricing strategies for spare parts and services across the globe, leveraging a strong understanding of value-based accounting principles. This role requires a unique blend of analytical, business acumen, and collaboration skills to drive revenue growth and profitability.
Baxter · Deerfield, IL