MacLean-Fogg Component Solutions

Director of Pricing

MacLean-Fogg Component Solutions$125K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Economics, Finance, or related field (MBA preferred)
  • 10+ years of experience in pricing, revenue management, or financial analysis; 5+ years in senior leadership
  • Strong understanding of manufacturing pricing strategies with preferred experience in utility or telecom sectors
  • Proficiency in data analytics tools (e.g., Excel, Tableau, SQL) and ERP systems
  • Demonstrated success in leading teams and fostering cross-functional collaboration
  • Excellent quantitative and analytical skills with a data-driven decision-making focus
  • Strong interpersonal, communication, and presentation skills, particularly with senior leadership

Responsibilities

  • Lead the development of pricing models that enhance revenue growth and optimize profit margins
  • Conduct market research and competitive analysis to discover pricing opportunities
  • Collaborate with sales, finance, and product management to set effective pricing strategies
  • Oversee the implementation of pricing strategies across the organization
  • Utilize pricing analytics to monitor performance and provide reports on pricing effectiveness
  • Manage and develop a team of pricing professionals, promoting a collaborative culture
  • Ensure compliance with legal and ethical guidelines in all pricing activities

Benefits

  • Competitive compensation package with performance-based bonuses
  • Dynamic work environment promoting creativity and professional growth
  • Comprehensive benefits including Medical, Dental, and Vision coverage
  • 401k with employer match and employer-paid disability
  • Opportunity to work with a dedicated team committed to zero safety or environmental incidents
Full Job Description
MPS is seeking a talented Director of Pricing. The Director of Pricing will be responsible for developing and implementing strategic pricing initiatives to optimize profitability, enhance market competitiveness, and support long-term growth objectives. This individual will lead a team of pricing professionals, work cross-functionally with sales, marketing, finance, and product management, and utilize data-driven insights to set pricing strategies for a portfolio of products. The Senior Pricing Director will also ensure pricing processes align with company objectives and remain agile in response to evolving market trends.

This role is based in our Fort Mill, SC Office.

What You'll Do
  • Strategic Pricing Development: Lead the creation of pricing models and strategies that enhance revenue growth, align with market trends, and optimize profit margins across all product lines.
  • Market Analysis: Conduct thorough market research and competitive analysis to identify pricing opportunities and risks, responding to shifts in the market landscape.
  • Cross-Functional Collaboration: Partner with sales, finance, product management, and marketing teams to set and communicate effective pricing strategies that support business goals and customer needs.
  • Pricing Implementation: Oversee the deployment of pricing strategies, ensuring they are communicated clearly across the organization and reflected accurately in sales channels and systems. Manage annual price renewal process.
  • Data Analysis & Reporting: Utilize pricing analytics to drive decisions, monitor performance, and provide regular reporting on pricing effectiveness, profitability, and market competitiveness.
  • Leadership & Development: Manage, coach, and develop a team of pricing analysts and managers, fostering a high-performance, collaborative culture.
  • Risk & Compliance Management: Ensure all pricing activities adhere to legal, compliance, and ethical guidelines; mitigate risks associated with pricing decisions.

What You'll Need to Excel in This Role
  • Education: Bachelor's degree in business, Economics, Finance, or a related field (MBA or advanced degree preferred).
  • Experience: 10+ years of experience in pricing, revenue management, or financial analysis, with 5+ years in a senior leadership role.
  • Industry Knowledge: Strong understanding of pricing strategies and competitive dynamics within manufacturing environment. A plus if previous experience in utility or telecom markets.
  • Technical Skills: Proficiency in data analytics tools (e.g., Excel, Tableau, SQL), pricing software, and ERP systems.
  • Leadership: Demonstrated success leading teams and driving cross-functional collaboration.
  • Analytical Skills: Excellent quantitative and analytical abilities, with a focus on data-driven decision-making.
  • Communication: Strong interpersonal, communication, and presentation skills, with the ability to influence senior leadership and cross-functional teams.


Additional Knowledge, Skills, and Abilities:

  • Strategic Thinking
  • Financial Acumen
  • Data Analytics
  • Leadership and People Development
  • Problem Solving and Decision Making
  • PowerBI Experience a Plus
  • Comfortable Navigating Large Business ERP (SAP, JD Edwards, etc.)
  • Experience with Pricing Analytics Software

Total Rewards Offering:

MPS offers a competitive compensation package; including a bonus potential based on company performance and a dynamic work environment that encourages creativity, innovation, and professional growth. A comprehensive benefits package including Medical, Dental, and Vision, 401k with employer match, employer-paid disability and more...

For Us, For Family. Surround yourself with fun, energetic, and hard-working professionals who are dedicated to achieving Mission Zero; zero safety or environmental incidents.

About MacLean-Fogg Component Solutions

MacLean-Fogg Component Solutions is a global manufacturer of engineered components and assemblies for the automotive, power utility, industrial and military markets. The company's products include fasteners, engineered components, suspension products, and wheel end systems. MacLean-Fogg Component Solutions is a division of MacLean-Fogg Company, a privately held company headquartered in Mundelein, Illinois. MacLean-Fogg Company was founded in 1925 by John MacLean and Barry Fogg. The company has operations in North America, Europe and Asia.
Learn more about MacLean-Fogg Component Solutions
Size
3,000 employees
Industry
Founded
1998

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