Manager Pricing

About the role

Join the LKQ Family! We're looking for motivated individuals to join our team at LKQ Corporation. With opportunities for growth, competitive benefits, and a supportive work environment, LKQ is the place to be. Apply now and take the first step toward a rewarding career! Join Our Team! Responsible for implementing and supporting the Company's strategy for sales and profitability across our lines of business, including collecting, analyzing, and evaluating data on products, costs, and markets in coordination with cross-functional teams to support development and presentation of optimum price structures. Starting range - 100K - 110K w/Great Benefits! Essential Job Duties Define and implement appropriate pricing guidelines for products/suppliers. Perform market research and derive competitive and customer intelligence, that evaluates competitive pricing, market dynamics, and customer behavior to inform pricing decisions. Develop pricing models and scenario analyses to assess margin, elasticity, and profitability impacts. Will monitor and optimize pricing strategy in coordination with Sales team goals through process control and analysis. Develop, implement, report, document, and maintain pricing infrastructures, including evaluating their efficacy and modifying them as needed. Provide management and the sales team with metrics, data, or criteria related to customer purchasing agreements. Assist in developing processes, systems, procedures to simplify and streamline price-related information. Leverage business analytics for continuous upward pressure on price points. Accountable for team accuracy, thoroughness, thought process, timeliness, and viability of recommendations. Mentor, coach, and develop direct reports. Varied in-depth analysis across all aspects of commercial business transactions in order to proactively manage margin, grow sales, implement pricing disciplines, and improve processes and reporting metrics. The creation and ownership of pricing programs that include set targets and measures geared to drive profitable sales growth. Regular cadence reviews with sales leadership geared towards driving margin enhancement, sales conversion of discount requests, and exchanging market intelligence. Process Improvement - Regular review of pricing process leading to analysis and eventual implementation of new tools, process, or structure designed to enhance margin, increase pricing disciplines, and improve processes. Assume other duties as assigned. Supervisory Responsibilities Manage the work of others, including planning, assigning, scheduling and reviewing work, ensuring quality standards. Responsible for hiring, terminating, training and developing, reviewing performance and administering corrective action for staff. Minimum Requirements Education & Experience Bachelor's Degree or equivalent work experience. 5+ years experience in, analysis, finance, statistical data interpretation or another related role. Preferred Requirements Ability to communicate complex pricing concepts. Strong analytical/statistical foundation. Cross functional business partnership and works well in team environment. College or work-related experience in communications and statistical data. Experience with data modeling programs such as SQL, Tableau, , Microsoft Power BI or similar pricing platforms, etc. Experience within a manufacturing or remanufacturing industry. Knowledge/Skills/Abilities Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rates, ratios, and percentages and to draw and interpret graphs. Frequent use of Outlook, Word, Excel, graphics, etc. Ability to create, maintain and incorporate functions into Word documents, Excel spreadsheets, databases, and PowerPoint presentations to support business objectives. Advanced Excel and ability to pull information from multiple databases. Frequently communicates complex information across departments and interacts with management. Can present, resolve and address delicate situations. Can motivate and persuade others. Problems are varied and complex, requiring analysis or interpretation of the situation. Problems are solved using knowledge and skills, general precedents and practices. Decisions impact the management and operations within a department or business unit. May contribute to business and operational decisions that affect the department. Ability to be a business partner and handle pricing pushback and exceptions. Provides and sets goals and priorities for functional areas. May make recommendations for department policies, practices, and programs. Makes decisions for and/or resolves problems for others. Handle multiple tasks or projects simultaneously with moderate complexity. Essential Physical Demands/Work Environment Work is primarily sedentary: must be able to sit for extended periods and use a computer, keyboard, and mouse, frequently. Travel may be required periodic