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Mgr,RGM

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Job Description

As the RGM Manager, you will play a pivotal role in shaping and driving profitable sales growth strategies across pricing, promotions, assortment, and trade spend. In this leadership position, you will oversee analytical efforts, provide strategic guidance, and drive cross-functional collaboration to ensure data-driven decision-making. By leveraging internal and external data, you will identify opportunities, address challenges, and contribute to the development of go-to-market, pricing, and promotional strategies for multiple sales channels, including retail, commercial, eCommerce, and direct-to-consumer.

This role is ideal for an experienced leader with a proven ability to translate data into actionable insights and influence stakeholders to drive business success. If you’re passionate about empowering teams, optimizing revenue growth, and shaping strategic direction, we want to hear from you!

Position location: Chicago Metro Area(Deerfield, IL) Hybrid

RESPONSIBLIITIES:

What you will be doing

Strategic Leadership & Oversight

  • Lead the development and execution of the strategy and analytics for pricing, promotions, and assortment opportunities.
  • Align cross-functional teams, including Sales, Finance, and Marketing, around business objectives and financial goals, providing strategic recommendations to achieve these goals.
  • Oversee competitive pricing and market condition analyses, ensuring actionable insights are presented to senior stakeholders.

Pricing & Promotion Strategy

  • Develop and implement advanced pricing models and frameworks that drive revenue and profitability.
  • Provide strategic oversight of promotional activities, including planning, execution, and post-event analysis by customer, channel, and category.
  • Lead the internal customer line review process, modeling financial impacts for both internal metrics and customer-facing outcomes.
  • Develop trade spend strategies that maximize return on investment, partnering with Sales and Finance to optimize spend allocation across various channels and levers.

Data-Driven Insights & Reporting

  • Define key performance indicators (KPIs) and build dashboards to track and monitor performance.
  • Enhance and standardize reporting processes related to pricing, promotion, and assortment to improve efficiency and consistency across the organization.
  • Guide the adoption of advanced statistical tools (e.g., regression, clustering, predictive modeling) to strengthen insights.
  • Continuously identify and implement innovative data sources and analytical tools to enhance decision-making and drive forward-thinking business strategies.

Team Development & Collaboration

  • Mentor and develop a high-performing team of analysts, fostering a culture of collaboration, continuous learning, and innovation. Empower team members to excel in analytics, strategic decision-making, and effectively communicating data-driven insights to diverse audiences.
  • Act as a thought leader, driving alignment on pricing and promotions strategies across departments.
  • Present complex insights to senior leadership in a clear, concise, and actionable manner, enabling informed decision-making.

 

Qualifications

  • Bachelor’s degree in business, Economics, Finance, Statistics, or related field; Master’s preferred.
  • 7+ years of experience in RGM, Pricing, Category Management, Sales, or Finance, with at least 2 years in a leadership capacity.
  • Proven ability to lead teams, develop talent, and influence cross-functional stakeholders at all levels.
  • Advanced understanding of business metrics (e.g., Gross/Net Margin, Price Elasticity, ROI, Market Share, and CAGR) and their impact on strategic decisions.
  • Proficiency in Microsoft Excel, data visualization tools (e.g., Tableau, Power BI), and statistical analysis tools.
  • Effective collaboration across cross-functional teams and ability to influence stakeholders.
  • Strong communication and presentation skills, with a proven ability to deliver decision-ready insights to diverse audiences.
  • Demonstrated ability to navigate ambiguity, solve complex problems, and drive alignment in challenging situations.
  • High sense of urgency and a proactive approach to achieving results
  • Experience developing solutions using large volumes of data; creating predictive models, using applied statistical analysis such as regression, classification, and clustering.
  • A track record of delivering detailed, accurate, and impactful results.
  • Passion for learning and adoption of new technology

 

PREFERRED QUALIFICATIONS:

  • Experience in retail environments with expertise in price elasticity and market modeling.
  • Familiarity with advanced analytics platforms and tools to optimize revenue strategies.
  • Experience with data preparation platforms (e.g., Alteryx, Talend) is a plus.
  • Experience leading digital transformation initiatives or leveraging AI-driven analytics tools is a plus.

Additional Information

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $90,000 USD - $143,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity:

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives.

Reasonable Accommodations:

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

Average salary estimate

$116500 / YEARLY (est.)
min
max
$90000K
$143000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Mgr,RGM, Fortune Brands

Are you ready to take the next step in your career? Fortune Brands Innovations, Inc. is on the lookout for an RGM Manager to be a key player in driving our sales growth strategies from our Deerfield, Illinois location. Here, you won’t just be another employee; you’ll be part of an innovative team dedicated to transforming spaces into beautiful homes. In this vital role, you will lead analytical efforts to uncover data-driven insights that align with our pricing, promotions, and assortment strategies. You will collaborate across multiple departments, acting as the bridge between sales, marketing, and finance to ensure everyone is working towards common goals. With your knack for interpreting complex data, you’ll deliver actionable insights that influence our decision-making processes and ultimately drive our business success. At Fortune Brands, we value diversity within our teams and encourage you to bring your authentic self to work as we work together to enhance the lives of people across the globe. Whether it’s leveraging statistical tools, mentoring analysts, or presenting your findings to senior leadership, you’ll have the opportunity to make a real impact. Your experience in RGM, pricing, and project management will be essential as you tackle challenges head-on. If you share our passion for making a difference and thrive in a collaborative atmosphere, we invite you to apply for the RGM Manager position and help us shape the strategic direction of our company!

Frequently Asked Questions (FAQs) for Mgr,RGM Role at Fortune Brands
What are the main responsibilities of the RGM Manager at Fortune Brands Innovations, Inc.?

As the RGM Manager at Fortune Brands Innovations, Inc., your primary responsibilities include leading the development of pricing, promotions, and assortment strategies. You will also oversee market analysis, provide strategic recommendations to cross-functional teams, and mentor a team of analysts to foster a data-driven culture. This role involves significant collaboration with sales, marketing, and finance teams to achieve financial objectives and optimize trade spend initiatives.

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What qualifications are needed for the RGM Manager position at Fortune Brands Innovations, Inc.?

To qualify for the RGM Manager role at Fortune Brands Innovations, Inc., you should possess a Bachelor’s degree in a relevant field such as business, finance, or statistics, with a Master’s degree preferred. Additionally, at least 7 years of experience in RGM or related fields, including 2 years in a leadership role, is required. You should also be proficient in data analysis and visualization tools, possess strong communication skills, and have a track record in influencing cross-functional stakeholders.

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How does Fortune Brands Innovations, Inc. support team development for RGM Managers?

Fortune Brands Innovations, Inc. places a strong emphasis on team development for RGM Managers by fostering a culture of collaboration and continuous learning. As an RGM Manager, you will have the opportunity to mentor your analysts, encouraging them to excel in analytics and strategic decision-making. The company invests in professional development and offers diverse teams the resources needed to thrive and succeed in their roles.

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What can be expected from data-driven insights in the RGM Manager role at Fortune Brands Innovations, Inc.?

In the RGM Manager role at Fortune Brands Innovations, Inc., you will be responsible for generating powerful data-driven insights that directly impact business decisions. This will include defining key performance indicators, developing dashboards for performance tracking, and enhancing reporting processes related to pricing and promotions. By utilizing advanced statistical tools, you'll provide actionable insights that inform pricing strategies and sales initiatives across various channels.

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What makes the RGM Manager position at Fortune Brands Innovations, Inc. unique?

The RGM Manager position at Fortune Brands Innovations, Inc. is unique because it sits at the intersection of strategy and analytics. You will have a direct influence on the company's growth by shaping pricing and promotion strategies within a diverse and inclusive environment. Plus, as part of a company that actively seeks to innovate in the home products market, you’ll be contributing to solutions that improve lives while advancing your own career in a supportive culture.

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Common Interview Questions for Mgr,RGM
Can you describe your experience leading pricing strategies as an RGM Manager?

When answering this question, focus on specific examples from your past experience. Discuss how you've developed pricing models, the impact of those strategies on revenue, and any successful collaborations with sales or finance teams. Highlight your analytical skills and how they enabled you to make informed decisions that drove results.

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How do you approach data analysis to improve promotional strategies?

Your response should showcase how you leverage data to assess promotional effectiveness. Discuss your familiarity with statistical tools and methods of analysis, such as A/B testing or regression analysis, and how you use insights to recommend changes that improve ROI on promotions.

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What steps do you take to mentor and develop your team?

When addressing this question, emphasize your leadership philosophy. Share specific techniques you’ve employed for mentoring, such as regular feedback sessions, collaborative projects, or encouraging skill development through training workshops. Show how you've created a supportive environment that promotes growth.

Join Rise to see the full answer
How do you ensure alignment between cross-functional teams?

In answering this, detail your communication strategies for keeping teams aligned. Discuss scheduling regular meetings, utilizing project management tools, and fostering an open feedback culture. Highlight an instance where your approach resulted in improved collaboration or a successful project.

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What methods do you use to track KPIs related to pricing and promotions?

Explain how you define and monitor KPIs using dashboards and performance metrics. Talk about tools you've used for data visualization, as well as your approach to analyzing trends and making recommendations based on the data collected. Providing specific examples where you've adjusted strategies based on KPI tracking will strengthen your answer.

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Can you give an example of a challenging pricing decision you've had to make?

Share a specific situation where you had to make a tough pricing decision, including the context, the analysis you conducted, and the outcome. Discuss the criteria you used to determine the pricing strategy and how it ultimately benefitted the organization, highlighting your analytical and decision-making skills.

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How do you handle ambiguity in data-driven decision-making?

Address this by discussing your problem-solving approach and analytical skills. Share how you prioritize data validation, consult with stakeholders for input, and use statistical techniques to clarify uncertainty. Providing a relevant example where you navigated ambiguous data effectively will enhance your credibility.

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What role does market analysis play in your pricing recommendations?

Outline the importance of market analysis in your decision-making process. Discuss how you gather competitor data, assess market trends, and adjust pricing strategies accordingly. Share examples of how your recommendations were informed by thorough market analysis, resulting in positive business outcomes.

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How do you promote a data-driven culture within your team?

When responding, emphasize the importance of encouraging your team to utilize data in all aspects of their work. Focus on initiatives you’ve implemented to demonstrate this, such as workshops, data-focused projects, or sharing market insights during team meetings. Highlight how your leadership has fostered curiosity towards data.

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What are your strategies for presenting complex data to senior leadership?

Describe your approach to simplifying complex data for presentations. Discuss your methods for creating visually appealing slides, focusing on key insights, and framing your findings within the context of business objectives. Providing an example of successfully delivering a high-stakes presentation will illustrate your effectiveness.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
January 15, 2025

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