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Novolex

Pricing Manager

Posted 4 Days Ago
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In-Office
Lake Forest, IL, USA
100K-140K Annually
Senior level
In-Office
Lake Forest, IL, USA
100K-140K Annually
Senior level
Leads pricing strategy and profitability optimization for the Food, Grocery & Retail business unit. Partners with Sales, Finance, Operations, Supply Chain, and leadership on pricing recommendations, customer profitability, proposals, market analysis, and commercial decisions. Manages pricing analysts, improves pricing processes and systems, ensures data integrity, and delivers analytics and strategic recommendations to support revenue growth, margin expansion, and market competitiveness.
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Company OverviewWhy Choose Us?

Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs.

Our Sustainability Commitment

The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.

Job Description

Pricing Manager – Food, Grocery & Retail Business Unit


Position Overview

 The Pricing Manager is responsible for leading pricing strategy and profitability optimization initiatives for the FGR Business Unit. This role serves as a key business partner to Sales, providing strategic insights and analytical support to drive profitable growth, market competitiveness, and customer value.

The Pricing Manager evaluates pricing opportunities, customer profitability, market trends, and financial impacts to support effective decision-making while ensuring alignment with business objectives. The role will also lead and develop a team of pricing analysts and drive continuous improvement in pricing processes, systems, and reporting capabilities.


Key Responsibilities

Pricing Strategy & Commercial Leadership

  • Develop and execute pricing strategies that support revenue growth, margin expansion, and market competitiveness across the Retail Store Channel (Major and Regional Chains).
  • Evaluate customer opportunities, contract pricing, and commercial proposals to optimize financial performance and strategic account growth.
  • Partner with Commercial Excellence and Sales teams to provide pricing recommendations, bid support, and profitability analysis for customer negotiations and proposals.
  • Monitor market trends, competitive activities, customer dynamics, and industry developments to identify pricing opportunities and risks.
  • Develop customer-specific pricing strategies that balance growth objectives with profitability goals.
  • Prepare and present pricing analyses, and strategic recommendations to senior leadership.
  • Utilize data analytics and business intelligence tools to deliver actionable insights that improve decision-making and financial performance.
  • Ensure the accuracy, consistency, and integrity of pricing, financial, and operational data used across reporting and decision-making processes.

Leadership & Cross-Functional Partnership

  • Serve as a trusted advisor to Commercial, Finance, Operations, Supply Chain, and Executive Leadership teams.
  • Lead, mentor, and develop pricing analysts, promoting a culture of accountability, innovation, and continuous improvement.
  • Foster collaboration across functions to ensure alignment between pricing strategies, operational capabilities, and business objectives.
  • Drive process improvements, system enhancements, and best practices related to pricing, financial analysis, and reporting.
  • Support strategic initiatives, market expansion efforts, and business transformation projects across international operations.

Qualifications

  • Bachelor's degree in Finance, Economics, Business Administration, Accounting, or a related field preferred.
  • Minimum of 7 years of progressive experience in pricing, financial analysis, FP&A, commercial finance, revenue management, or related disciplines.
  • Previous project management experience preferred.
  • Experience supporting commercial organizations within manufacturing, packaging, industrial products, food and beverage, or related industries preferred.
  • Advanced proficiency in Microsoft Excel, and data analytics.
  • Experience with SAP, ERP systems, pricing platforms, and business intelligence tools required or strongly preferred.
  • Strong understanding of pricing strategy, profitability analysis, and commercial decision-making.
  • Demonstrated ability to influence stakeholders and communicate complex financial concepts to diverse audiences.

Compensation:

A reasonable estimate of the current range is $100,000 - 140,000 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

 

The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid holidays and wellness program.


#LI-TM1

Company BenefitsWhat You'll Get From UsBenefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

Community Engagement

At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

Training and Development

We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.


Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact [email protected].


Formerly Pactiv Evergreen

Novolex Alsip, Illinois, USA Office

Alsip, United States

Novolex Bremen, Illinois, USA Office

Bremen, United States

Novolex Chicago, Illinois, USA Office

Chicago, United States

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