Pricing- Sr. Cost Manager

Position Purpose Summary: The Senior Cost Manager is responsible for overseeing vendor cost changes assessing financial impact and minimizing margin loss through disciplined analysis pricing actions and crossfunctional coordination. This role serves as the central owner of cost change governance ensuring cost increases are accurately evaluated communicated and implemented while protecting profitability and enforcing pricing Tasks/Responsibilities:Own and oversee the endtoend vendor cost change process including intake validation impact assessment and execution Analyze vendor cost increases to quantify margin impact at the SKU category customer branch and regional levels Partner with Pricing Category Management Sales and Finance to ensure timely and effective margin recovery actions Develop and maintain cost change tracking tools and dashboards to monitor approved pending and implemented cost changes Identify quantify and report margin leakage resulting from delayed incomplete or waived cost recovery actions Establish standard methodologies for evaluating cost change impact including gross margin price realization and override behavior Provide pricing guidance and recommendations to support margin preservation following cost increases Monitor postimplementation performance to validate margin recovery and identify gaps or corrective actions Investigate and escalate risks related to excessive discounts overrides or noncompliance with cost change pricing guidance Serve as a subject matter expert on vendor cost dynamics cost inflation trends and categorylevel margin exposure Build executiveready reporting and insights on cost change impact margin erosion and recovery effectiveness Support continuous improvement initiatives to strengthen cost governance pricing discipline and margin accountability Collaborate with data and analytics resources to enhance automation scalability and visibility of cost change reporting Mentor and guide analysts or junior team members supporting cost and margin analysis effortsKnowledge/Skills/Abilities:Strong analytical skills with the ability to translate complex cost data into actionable insights Advanced proficiency in Excel and experience working with pricing ERP or analytics tools Proven ability to manage crossfunctional processes and influence without direct authorityExperience in distribution manufacturing or materialsbased industries Familiarity with pricing governance approval workflows and margin compliance controls Experience building or enhancing cost change and margin tracking tools Background in supporting large SKU counts and multiregion pricing environments Strong communication skills with comfort presenting to senior leadership