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Director, Pricing

The Director of Pricing at Silgan Plastics plays a crucial role in our business; The Director is responsible for maximizing profitability and market competitiveness through new business and renewal opportunities and routine and strategic pricing initiatives.  This Director leads a team of pricing analysts through both holistic and discrete pricing analyses and updates. The Director is responsible for developing, implementing, and managing pricing strategies across our product portfolio.  This role requires a combination of analytical acumen, business strategy, and strong leadership skills to drive revenue growth and maintain competitive positioning in the marketplace. 

MAJOR RESPONSIBILITIES:

New Business & Renewal Quoting:

  • Collaborate with cross functional teams, including Sales and Finance to ensure business proposals meet and achieve financial targets and align with all other business objectives.

  • Utilize data-driven insights to ensure proposals balance profitability objectives and market competitiveness.

  • Leverage history, customers’ feedback and other datapoints to anticipate customers’ needs, competitive landscape, and pricing opportunities and threats.

Pricing Execution and Optimization:

  • Technical and Industry Expertise: Develop a deep understanding of competitive pricing by technology, asset type and cavitation. Additionally, develop a deep understanding of industry pricing norms and resin pricing mechanisms and adjustments. Leverage that expertise to help position pricing to protect and optimize the business.

  • Continuously monitor pricing performance and conduct regular pricing reviews to assess effectiveness and identify areas for improvement.

  • Work closely with the Commercial team to develop pricing guidelines and tools, including pricing models and frameworks.

Pricing Governance and Compliance:

  • Establish pricing governance frameworks and policies to ensure compliance with contractual, legal and regulatory requirements.

  • Provide guidance and support to ensure adherence to pricing policies and procedures across the organization.

  • Implement pricing controls and mechanisms to mitigate pricing risks and prevent revenue leakage.

Team Leadership and Development:

  • Lead and mentor a team of pricing analysts and specialists, providing guidance, feedback, and professional development opportunities. 

  • Foster a culture of collaboration, innovation, and continuous improvement within and beyond the pricing team.

  • Develop talent pipelines and succession plans to support long-term organizational growth and sustainability.

Stakeholder Engagement and Communication:

  • Collaborate with senior leadership to communicate pricing strategies, performance metrics, and recommendations for pricing adjustments.

  • Serve as a key liaison between internal stakeholders and external partners, including suppliers, distributors, and customers to negotiate pricing agreements, resolve pricing- related issues or provide insights and feedback as appropriate. 

  • Present pricing insights and recommendations to executive leadership to support strategic decision making.

AUTHORITY LEVEL:

Director/Manager

QUALIFICATIONS:

  • Bachelor’s degree in business administration, Finance, Economics, or a related field.

  • 7+ years of experience in pricing strategy, revenue management, or related roles, preferably in the manufacturing industry.

  • Strong analytical skills with proficiency in financial modeling and data analysis tools.

  • Deep understanding of pricing methodologies.

  • Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels of the organization.

  • Proven leadership experience, with a track record of building and managing high-performing teams.

  • Ability to thrive in a fast-paced, dynamic environment and adapt quickly to changing business priorities.

LIMITATIONS AND DISCLAIMER (Non-Canada) 

The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position.

All job requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees.

This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform other job-related duties requested by their supervisor in compliance with Federal and State Laws.

Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently. Continued employment remains on an “at-will” basis.

Silgan is an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, marital status, or the presence of a disability, which would not prevent the performance of essential job duties with, or without reasonable accommodation of any other protective status.

Silgan is a drug-free workplace.

LIMITATIONS AND DISCLAIMER – Canada 
 
The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position. 
 
All job requirements are subject to possible modification to accommodate individuals with disabilities. Silgan endeavors to provide accommodations to individuals with disabilities to perform their essential job duties as long as the accommodation does not pose an undue hardship on the company’s operations and does not pose a direct threat of substantial harm to the employee or others. 
 
This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform other job-related duties requested by their supervisor.
 
Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently. Employment is always subject to the Silgan’s rights as employer, including the right to end employment in accordance with Provincial Law.
 
Silgan is an equal opportunity employer. We consider applicants for all positions without regard to any ground protected under Provincial human rights laws. 
 
Silgan is a drug-free workplace.

Average salary estimate

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$100000K
$150000K

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What You Should Know About Director, Pricing, Silgan Containers

At Silgan Plastics, the role of Director, Pricing is a dynamic and essential part of our business strategy in Chesterfield, Missouri. If you have a passion for analytics and leadership, this position is crafted for you! As the Director of Pricing, your mission will be to maximize our profitability while keeping us competitive in the market. You will lead a talented team of pricing analysts, guiding efforts through both strategic analysis and routine evaluations. Your expertise will help us implement and manage effective pricing strategies across our diverse product lines. You’ll collaborate with various teams, like Sales and Finance, using data-driven insights to ensure that our pricing proposals align with financial targets. Plus, your understanding of industry pricing norms will be crucial as you continuously monitor our pricing performance and look for opportunities to improve. This role is not only about numbers; it’s about mentoring a team, fostering innovation, and engaging with various stakeholders to forge strong relationships. With a Bachelor’s degree in a related field and over 7 years of experience, including leadership roles in pricing strategy, you’ll thrive in our fast-paced environment while helping Silgan Plastics maintain its competitive edge and achieve sustained growth. Join us in making impactful pricing decisions that drive our business forward!

Frequently Asked Questions (FAQs) for Director, Pricing Role at Silgan Containers
What are the key responsibilities of the Director, Pricing at Silgan Plastics?

The Director, Pricing at Silgan Plastics is responsible for maximizing profitability and market competitiveness through strategic pricing initiatives. You will lead a team of pricing analysts, oversee new business and renewal quoting, and ensure pricing compliance. Collaborating closely with sales, finance, and the commercial team, you will assess pricing performance and adjust strategies based on market data and customer insights.

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What qualifications do I need to apply for the Director, Pricing position at Silgan Plastics?

To be considered for the Director, Pricing position at Silgan Plastics, candidates should possess a Bachelor’s degree in Business Administration, Finance, or a related field, along with 7+ years of experience in pricing strategy or revenue management. Strong analytical skills, leadership experience, and excellent communication abilities are also crucial for success in this role.

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How does the Director, Pricing role impact the profitability of Silgan Plastics?

As the Director, Pricing at Silgan Plastics, you'll play a pivotal role in enhancing profitability by developing and executing pricing strategies that optimize revenue. By conducting market analysis and understanding customer feedback, you will create pricing proposals that not only meet financial targets but also align with our overall business objectives, thereby ensuring revenue growth.

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What key skills are essential for the Director, Pricing at Silgan Plastics?

Essential skills for the Director, Pricing at Silgan Plastics include strong analytical abilities for financial modeling and market assessments, refined leadership qualities to guide a team of pricing analysts, and excellent communication skills to collaborate with stakeholders. A deep understanding of pricing methodologies in the manufacturing sector is also crucial for this role.

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What type of team will the Director, Pricing lead at Silgan Plastics?

The Director, Pricing at Silgan Plastics will lead a team of pricing analysts and specialists. This involves mentoring team members, providing professional development opportunities, and fostering a collaborative culture that prioritizes innovation and improvement. The role also entails engaging with various stakeholders throughout the organization to ensure pricing strategies align with business goals.

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Common Interview Questions for Director, Pricing
Can you describe your experience with pricing strategy development?

When answering this question, focus on specific examples where you've successfully developed and implemented pricing strategies. Discuss the analytical methods you used, the teams you collaborated with, and how your strategies impacted the business's profitability.

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How do you ensure compliance with pricing policies?

You should highlight your understanding of pricing governance frameworks. Mention methods you’ve implemented in past roles, like regular training sessions, clear documentation, and periodic audits to ensure compliance with pricing policies and contractual obligations.

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What analytics tools are you proficient in for pricing analysis?

Discuss the specific analytics tools you are familiar with, such as Excel, Tableau, or pricing software like Pricefx. Highlight how you’ve leveraged these tools for data analysis, creating models, and extracting actionable insights to inform pricing decisions.

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How would you handle a disagreement with a team member about a pricing decision?

Emphasize your approach to conflict resolution, focusing on communication and collaboration. Describe how you would aim to understand their perspective while presenting data to support your position, potentially leading to a compromise or better-informed decision.

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How do you stay informed about industry pricing trends?

Discuss the various methods you employ to stay updated on pricing trends, such as following industry publications, attending seminars, networking with industry peers, and analyzing competitor pricing strategies. Highlight how this knowledge informs your pricing strategy development.

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What metrics do you consider essential for evaluating pricing effectiveness?

Share specific metrics that you consider important, like profit margins, sales volumes, and customer acquisition costs. Discuss how regularly reviewing these metrics allows you to identify areas needing adjustment and informs future pricing strategies.

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Can you provide an example of a successful pricing initiative you led?

Be prepared to discuss a specific initiative, detailing the context, your role, the approach you took, and the outcome achieved. Emphasize the analytical process and the impact on the overall business performance.

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How do you approach competitor analysis for pricing strategy?

Outline your approach to competitor analysis, detailing how you identify key competitors, gather pricing data, and utilize this information to inform your pricing strategies. Mention analytical tools you use to analyze this data effectively.

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How would you develop pricing guidelines for a new product?

Discuss the steps you would take, from conducting market research and performing cost calculations to analyzing the competitive landscape. Describe the importance of cross-functional collaboration to ensure the guidelines align with broader company objectives.

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What leadership style do you employ when managing your team?

Talk about your leadership philosophy. Whether it's participative, transformational, or supportive, illustrate how this style has benefited your team in terms of morale, productivity, and achieving pricing goals.

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DATE POSTED
April 17, 2025

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