Supervisor, Pricing

Fortune Brands Innovations, Inc. is an industry-leading home, security and digital products company. We’re focused on exciting opportunities within the home, security and commercial building markets. Our driving purpose is to 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.

At Fortune Brands, we’re building something big. We’re advancing exciting innovations in all of our products and processes. We’re delivering trust, dependability, sustainability, and style. To make it all happen, we’ve transformed our workplace into an environment where smart, ambitious people have the support to reach their fullest potential.

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

Explore life at Fortune Brands here.

As the Supervisor, Pricing, you are a key contributor in the Order-to-Cash (OTC) process at FBIN.  In this working supervisory role, you will supervise pricing administrators and ensure the accuracy of pricing and product information in our ERPs.  You will be responsible for managing ERP pricing master data, and implementing annual and ad hoc pricing changes.   This role ensures operational excellence, promotes continuous improvement, and partners cross-functionally to enhance OTC processes.  The ideal candidate will  a background in customer service, extensive knowledge of SAP or Oracle pricing modules, and a commitment to ensuring compliance with SOX requirements.

Position location: Deerfield, IL - Hybrid (Flexibility to work from home Mondays and Fridays) 

RESPONSIBLIITIES:

What you will be doing

• Supervise Pricing Administrators including but not limited to:
  • Lead and oversee the daily operations of the Pricing Administrators
  • Foster a collaborative team environment while driving process improvements, efficiency and accountability
  • Manage actual results against established expectations and goals and take corrective actions when results do not align with expectations
  • Provide coaching, training, and timely feedback to support career development
• Act as a backup to the Manager, Pricing Administration to support the database specialists with work related to ERPs, WinShuttle, and master data
• Manage pricing master data requirements as it pertains to pricing, implementing annual price increases, discount structures, net prices, sales deals, deviations and exclusions
• Act as the pricing liaison between Sales/Marketing/IT for strategy and tactical implementation of pricing and programs
• Train, test, troubleshoot pricing strategies, existing pricing and other scenarios
• Run WinShuttle scripts to create or change pricing data in mass
• Analyze/review/approve requests for ERP access roles
• Provide insights and analysis on pricing or customer master data for other departments
• Review daily pricing audit reports
• Manage competitive job quote processes including researching disparities that cause pricing errors at order entry
• Analyze and correct pricing and product errors to ensure the integrity of Order Entry, Sales/Bex Reporting, Accounts Receivable, and Distribution.  
• Run Ad-Hoc reports and manage projects as required.

• High School Diploma/GED or Associate’s degree in a related field is required and a bachelor’s degree preferred
• 2-4 years of experience in finance, accounting, or related field required. 4+ years of experience preferred.
• Team supervisory or management experience preferred.
• Knowledge of SAP or Oracle pricing modules and the Order-to-Cash process
• Requires strong skills and knowledge of SAP Sales and Distribution Module.
• Strong knowledge of SOX compliance requirements as it pertains to the Pricing Department.
• Strong analytical skills and ability to communicate effectively with all levels and areas of the organization – both oral and written
• Ability to problem solve and make timely decisions
• Must exercise strength in effective prioritization, organization and attention to detail
• Ability to interact with Internal and External Auditors.

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $70,000 USD - $110,000 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, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.

Equal Employment Opportunity

Fortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

Fortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, 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.

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To protect yourself from fraudulent job postings or recruitment scams, please note that Fortune Brands job postings are exclusively hosted on our website at fbin.com/careers via our SmartRecruiters platform. Fortune Brands will never request banking information or sensitive personal details until an offer of employment has been accepted and the onboarding process begins.