Why finance at Stryker?
Are you looking for a profitable and growing company with a great culture and reputation?Stryker was recently named one of the Best Workplace in the WORLD by Fortune! Here, you will have many opportunities to learn and grow as we offer development opportunities unique for each employees needs including training, certifications, mentorship, leadership programs, tuition reimbursement, one-on-one coaching and more!
We are seeking a highly skilled and experienced Strategic Pricing Manager to join our dynamic team. The ideal candidate will be responsible for developing and implementing strategic pricing initiatives to maximize profitability and market competitiveness, lead flexible financing solutions and commercial excellence. This role requires a deep understanding of market dynamics, pricing strategies, and financial analysis.
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What will you do
Market Analysis:
- Conduct comprehensive market analysis to understand industry trends, competitive landscape, and customer behavior.
- Identify opportunities and threats in the market that could impact pricing strategies.
Competitor Analysis:
- Monitor and analyze competitor pricing strategies to identify opportunities for differentiation and competitive advantage.
- Recommend adjustments to pricing based on competitor movements and market trends.
Pricing Strategy Development:
- Develop and implement pricing strategies that align with business objectives and market conditions.
- Collaborate with cross-functional teams to ensure pricing strategies are integrated into overall business plans.
- Evaluate and develop value based pricing models
- Implement and utilize pricing optimization tools to ensure dynamic and data-driven pricing decisions.
Financial Analysis:
- Conduct financial analysis to assess the impact of pricing strategies on revenue, profitability, and market share.
Collaboration and Communication:
- Work closely with Sales, Marketing, Finance, and other relevant departments to ensure alignment on pricing strategies.
- Communicate pricing decisions and rationale to internal stakeholders, ensuring a clear understanding of the strategic direction
Regulatory Compliance:
- Stay informed about industry regulations and ensure that pricing strategies comply with relevant legal and regulatory requirements.
Lead Flex Financials:
- Key player in managing and executing flexible financing strategies for our organization. working closely with internal teams, customer, and external partners to structure and implement financial solutions that meet the diverse needs of our customers
- Defining and executing flexible financial programs for identified portfolios
- Identifying and partnering with right financial institutes for flexible financing solution
What will you need
- Bachelor's degree. MBA is a plus.
- Proven experience in strategic pricing, preferably in a managerial role.
- Strong analytical and quantitative skills, with proficiency in financial modeling.
- Excellent communication and interpersonal skills.
- Ability to work collaboratively in a cross-functional team environment.
- Knowledge of pricing optimization tools and techniques.
- Familiarity with relevant industry regulations and compliance.
- 8-10 years of overall experience
About Stryker
Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 130 million patients annually. More information is available at stryker.com.