Product Pricing Specialist

Position Summary:

Gems Setra is seeking a Product Pricing Specialist to join as a key member to our Product and Strategy team. This position will be responsible for leading our pricing initiatives across the organization – annual strategic price changes, ongoing special price needs, cost and market impact analysis – while ensuring the health of our price performance and profitability for the business! This key role will require you to be highly communicative, use visual and daily management tools for improved coordination while demonstrating adaptability for changing business priorities. You will be reporting to the Director of Product Management and Strategy and will collaborate with cross-functional teams – Product Management, Finance, Sales, Operations and IT.

Essential Job Responsibilities:

A Successful Candidate will:

• Lead Gems-Setra annual pricing cycle on all its aspects – model developing, budgeting, customer and product mapping, working with Product and Sales teams to incorporate special needs, review and approving with leadership team and planning of customer communication
• Review and analyze price requests from Sales and customers to ensure market competitiveness, healthy business impact, and high responsiveness to customers
• Implement pricing strategies to expand in-region profitability and build stronger competitive market position
• Monitor, report and problem solve on weekly and monthly pricing performance for entire business
• Develop pricing proposals for new products and services along with the Product Managers
• Work with Operations teams to review movements in costs and identify market drivers
• Track market trends and keeping up to date on competitors’ price changes
• Collaborate with IT team to implement pricing changes

Qualifications:

• Bachelor’s Degree in Business Administration or equivalent degree
• 3+ years of directly related pricing experience
• Proven exposure to managing pricing processes and implementing pricing initiatives
• Knowledge in developing various pricing models
• Excellent written and verbal communication skills
• Phenomenal teammate that can influence others without direct authority
• Strong analytical abilities and comfortable dealing with numerical data
• Lead contending priorities effectively in a fast-paced environment
• Open to travel, 15%

Fortive Corporation Overview

Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.

We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.

We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact. 

At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference. 

At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone. 

At Fortive, we believe in growth. We’re honest about what’s working and what isn’t, and we never stop improving and innovating. 

Fortive: For you, for us, for growth. 

Ready to move your career forward? Find out more at careers.fortive.com.

Setra Systems, Inc. is an Operating Company within the Precision Technologies platform of Fortive Corporation that designs and manufactures a broad line of premium sensing products including humidity, current, vacuum, energy and pressure sensing instruments. Our products are used in a wide variety of applications within the global HVAC/R, Healthcare, Industrial, and Semiconductor markets.

Applicants to and employees of this company are protected under Federal law from discrimination on several bases. Please refer to our Careers page at www.setra.com/careers to learn more.

We Are an Equal Opportunity Employer

Fortive Corporation and all Fortive Companies are proud to be equal opportunity employers. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Fortive and all Fortive Companies are also committed to providing reasonable accommodations for applicants with disabilities. Individuals who need a reasonable accommodation because of a disability for any part of the employment process should ask to speak with a Human Resources representative to request an accommodation.

National: The salary range for this position is $63000 - $117000

Base pay offered may vary depending on various factors, including, but not limited to: job-related knowledge; skills; experience; and other eligibility factors such as geographic location. The Total Rewards package includes competitive base pay and an opportunity to enroll in a variety of benefit programs, generally including health insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance programs, and several programs that provide for both paid and unpaid time away from work.