Strategic Pricing Manager
Sensient is growing! We are seeking a Strategic Pricing Manager to lead our pricing team. This role will lead and develop our Food Colors North America pricing team by implementing competitive pricing strategies through the blending of data analysis and market insights to achieve business unit goals. This position functions as intermediary between marketing, JDE pricing system, Sales Account Managers and Customers (Food, Beverage, and Pet Food Manufacturers).
What You’ll Do:
- Strategy Development and Implementation: Develop and execute pricing strategies/programs that balance profitability and market competitiveness for the US & Canada region supporting a rapidly growing revenue portfolio for natural food colors in food, beverage, pet food, and specialty markets.
- Program Management: Lead pricing initiatives and special projects, such as new product introductions, large scale pricing projects, executive leadership recommendations, and/or annual price adjustments, ensuring accurate and timely implementation across systems.
- Coaching/Mentoring: Mentor 2-3 direct reports, providing guidance, coaching, and development opportunities on pricing analysis, tools, and best practices.
- Process Improvement: Continuously monitor and optimize pricing structures, policies, and procedures to maximize profitability and drive operational efficiency.
- Cross-Functional Collaboration: Serve as the primary pricing leader for marketing, sales, finance, customer operations, R&D, and product management teams to gather insights, run scenario analyses, and ensure alignment on pricing strategy with cost structures and market realities.
- Data Analysis & Reporting: Utilize data analysis tools to track pricing performance, margin analysis, measure volume and mix KPIs, and internal audit information.
What You’ll Bring:
- Bachelor's degree in Business, Economics, Finance, Marketing, or a related quantitative field. An MBA or advanced degree is preferred.
- Minimum of 5-10 years of related work experience in strategic pricing, pricing execution, or commercial strategy, ideally within a B2B framework.
- JED, or Oracle or SAP ERP experience required. Power BI experience strongly preferred.
- Excellent written and verbal communication. Strong analytical skills. Prior people leadership experience preferred.
- Intermediate knowledge and skill level of computer software (Microsoft Office, Excel, Word,).
What You’ll Get:
An opportunity to collaborate with your colleagues, onsite 5-days per week.
An excellent salary, benefit offering and development opportunities.
A thorough and effective training experience during onboarding and beyond.
ABOUT SENSIENT COLORS:
Sensient Color Group is a leading developer, producer, and supplier of natural and synthetic color systems for customers around the globe. The Company's high-performance products play a central role in the manufacture of foods and beverages, cosmetic and pharmaceutical colors and coatings, inks for commercial and consumer printers, and colors for agricultural uses, household cleaners, and paper products. The Color Group is in St. Louis, Missouri.
ABOUT SENSIENT TECHNOLOGIES CORPORATION:
Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors, and fragrances. Sensient employs advanced technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, inkjet and specialty inks and colors, and other specialty and fine chemicals. The Company's customers include major international manufacturers representing most of the world's best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.
As a dynamic and diversified global leader, we offer an excellent salary and comprehensive benefits package. For more information, visit our website at http://www.sensient.com
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