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Pricing Execution Manager

Constellation Brands
United Statesfull_timeVerifiedPosted 18 Jun 2024
💰 $201,300/yr($95,500/yr$201,300/yr)

About the role

Job Description

Company Summary

We’re the producers, creators and marketers of beer, wine and spirits brands that people love. At Constellation Brands, we’re driven to push boundaries and think beyond today to deliver products and experiences that resonate now, tomorrow and well into the future. Because of this approach, we’re the fastest-growing large CPG company in the U.S. at retail, with operations in the U.S., Mexico, New Zealand and Italy. Our premium portfolio of iconic brands like Corona Extra, Modelo Especial, Kim Crawford, Robert Mondavi, Meiomi, The Prisoner, SVEDKA Vodka, High West Whiskey, and more drive industry-leading growth for us today. But we’re just getting started. Our ability to stay on the forefront of consumer trends has fueled our success since our founding in 1945 and will guide us in creating the next generation of products and experiences Worth Reaching For.

Position Summary

This position will operate in a matrix environment, supporting cross functional teams, and requiring a high level of collaboration with multiple business partners (Revenue Management, Finance, Sales). Requires advanced MS Excel competency, ability to synthesize syndicated data, attention to detail, strong pricing acumen, an aptitude with quantitative analysis, and ability to multi-task in a fast-paced environment. Experience in communicating pricing concepts to non-pricing business owners from all levels through verbal, written and presentation skills.

Responsibilities

  • Manage and coordinate all price and promotion changes

  • Coordinate implementation of annual price increases and communicate to stakeholders

  • Identify pricing opportunities and develop recommendations to improve price realization and profitability

  • Support implementation of Revenue Management initiatives, pricing strategies and monitor compliance to guardrails

  • Complete regular and ad hoc pricing requests/analyses to support fact based decision-making process

  • Own the management of pricing in pricing software including submitting changes and preparing audits as needed to ensure accuracy.

  • Manage Price Promotion Management (PPM) variances with distributors to ensure accrual and payment accuracy.

  • Work closely with region Finance to recognize P&L risk and opportunities through pricing activities

  • Educate business partners on pricing acumen and concepts including applicable alcohol beverage laws and price elasticities

  • Support AOP development by providing pricing related impact (rates and volume)

    • Participate in price training, development opportunities, and activities related to the Revenue Management function.

Required Qualifications

  • Bachelor’s degree in Finance, Economics, Statistics or related field

  • 5-8 years of work experience in pricing related positions in Alcohol Beverage or CPG Industry

    • Requires ability to work independently with minimal guidance.  To lead projects and ensure successful completion from start to finish.

  • Strong data analysis capabilities required, including Advanced Excel skills (knowledge of data formatting and formulas, filters, pivot tables, macros, etc.).

  • Solid knowledge/experience with syndicated market data (Nielsen, IRI)

  • Must demonstrate consistent attention to detail & commitment to accuracy

  • Highly motivated, results oriented individual who excels in dynamic environment. 

  • Excellent time management, project planning, and organizational skills. 

  • Excellent communication skills – verbal, written and presentation.

  • Must be proactive, self-starter, capable of adapting to rapidly changing priorities & performing in fast-paced environment

ADA Physical/Mental/Workplace Requirements

Must be at least 21 years of age. Must be able to sit and/or stand for long periods of time and work on a computer for extended periods. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Location

Chicago, Illinois

Additional Locations

Virtual - US

Job Type

Full time

Job Area

Finance & Accounting

The salary range for this role is:

$95,500.00 - $201,300.00

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Company

Constellation Brands

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