Senior Director, Pricing

Hybrid

Anoka, MN, US

Full time

R21673

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

Location:

• This position is located in Anoka, MN

• Open for relocation assistance

WHAT YOU WILL EXPERIENCE IN THIS POSITION:

The Senior Director of Global Pricing serves as a pivotal leader responsible for the strategic design and operational execution of pricing across a global $3B segment. This role oversees a multi-business unit (BU) portfolio, orchestrating a global team and leveraging Centers of Excellence (CoE) across the world. The mandate is to drive sustainable margin expansion and top-line growth through sophisticated value-based pricing, robust governance, and the deployment of enterprise-level pricing technologies.

Global Leadership & Strategy

• Organizational Excellence: Direct and develop a high-performing global pricing organization, ensuring seamless integration between BU strategies and the operational support provided by CoEs in India, Mexico and Poland.

• Strategic Architecture: Define and implement a comprehensive pricing architecture, leading with value-based pricing models and ensuring optimal market positioning across diverse geographies.

Financial Performance & Margin Management

• Profitability Engineering: Partner with Product Management, Engineering, and Finance to handle the "price-cost" relationship, ensuring margins are protected against inflationary pressures and optimized through lifecycle analysis.

• Price Realization: Drive segment-wide initiatives to improve net price realization, using rigorous margin analysis to find opportunities in the pricing waterfall.

Operational Agility & Governance

• Execution Velocity: Optimize "Speed to Quote" and pricing operations to enhance commercial agility. Lead the Deal Desk and Delegations of Authority (DOA) to ensure disciplined yet rapid decision-making.

• Policy & Compliance: Establish and implement global discount policies. Ensure full compliance with SOX and internal audit controls, maintaining a rigorous governance framework across all global entities.

Digital Transformation & Analytics

• Systems Integration: Act as the executive sponsor for the pricing tech stack, specifically overseeing PriceFx and CPQ systems. Ensure these tools effectively bridge multiple global ERPs to provide a "single source of truth" for internal teams, distribution partners and customers.

• Advanced Analytics: Deploy a suite of leading and lagging KPIs, including pricing programs adoption, price-volume-mix (PVM) and elasticity modeling, to provide actionable insights that inform long-term strategic planning.

Cross-Functional Collaboration

• Business Partnership: Serve as a strategic advisor to BU and Product Leaders, aligning pricing strategies with customer satisfaction goals and profitable sales growth.

• Market Intelligence: Monitor and interpret global macroeconomic trends and competitive maneuvers to proactively adjust segment-level pricing postures.

YOU HAVE:

• Bachelor’s Degree in Business, Finance, or Economics or related field; MBA or equivalent experience preferred.

• 8+ years of experience leading a pricing function is highly preferred, along with a background in sales and/or finance.

• Experience in value pricing, competitive analysis, financial analysis, and leakage elimination.

• Experience leading a global team, both directly and indirectly through influence, and collaborating with cross-functional stakeholders globally.

• Skilled in conceptual, analytical, and quantitative problem solving, with experience generating sophisticated financial models.

• Experience with modern pricing platforms (e.g., Pricefx, CPQ solutions such as Tacton) integrated with global ERP systems.

• Proficiency in Excel, Access, Word, PowerPoint, Outlook, PowerPivot, and BI.

• Demonstrated ability to handle multiple tasks/projects and work in a fast-paced team environment in a self-directed manner.

• Advanced knowledge of pricing methodologies, discount programs, and customer segmentation.

• Familiarity with data management, reporting tools, and analytics.

• Project management certification (e.g., PMP) or experience with Jira is a plus.

• Ability to inspire change in a dynamic and fast-paced environment.

WE HAVE:

• A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day

• nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.

• Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com .

• Commitment to strengthen communities where our employees live and work

• We encourage and support the philanthropic activities of our employees worldwide

• Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money

• Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:

• Innovative & adaptable

• Dedicated to absolute integrity

• Focused on the customer first

• Respectful and team oriented

• Optimistic and energizing

• Accountable for performance

• Benefits to support the lives of our employees

Pay Transparency

nVent’s pay scale is based on the expected range of base pay for this job and the employee’s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.

Compensation Range:

$204,400.00 - $304,000.00

Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview

At nVent, we value our people and their health and well-being. We provide a broad benefits package with meaningful programs for eligible full-time employees that includes:

• Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

• A 401(k) retirement plan and an employee stock purchase plan — both include a company match.

• Other supplemental benefits may include tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.

#LI-AW1

#LI-Hybrid

At nVent, we are committed to equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by national, federal, state or local law.