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Vice President, Pricing

Req id:  3582

Waterloo, ON, CA, N2L 0A1 San Mateo, CA, US, 94403 Richmond Hill, ON, CA, L4B 4N8 US

OPENTEXT - THE INFORMATION COMPANY

As the Information Company, our mission at OpenText is to create software solutions and deliver services that redefine and enable the future for our customers. Be part of a market-leading, winning team that is pioneering the way in Information Management.

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Who?
OpenText is looking for a highly energetic and strategic business leader to own the Pricing and Release Management organization for the company. This individual will be responsible for developing and accelerating a high-growth pricing strategy across all revenue lines: License, Cloud, Customer Support, and Professional Services. They will also be responsible for the team and the processes for releasing software to end user customers.

We are searching for an executive who brings extensive experience from the enterprise software industry. This individual will need to work across functions to develop and implement the models, governance, policies and processes needed to bring new thinking and fresh insight that maximizes business value and drives sales and profitability.

 

What?
This will be a high-visibility role reporting directly into the Senior Vice President of Revenue Operations, who is a direct report to the CEO. This is an opportunity to partner with our Executive Leadership team to transform and evolve pricing and release management strategy. Pricing is, in particular, an integral lever to accelerate revenue growth. It touches nearly every part of our business and is a critical part of our customer experience.


You will inventory and assess our current pricing and release management strategy and cadence, analyze their effectiveness, and propose new ways of approaching and managing these areas.  You will own and refresh our pricing and release management strategy and create new visibility and analysis to allow for complete thinking across the business.


You must be comfortable immersing yourself in data to ensure that customer needs, financial objectives and product requirements are aligned to our approach. You will operate with conviction and partner extensively with cross functional teams to gain alignment and enable execution. You have the ability to persuade others with a data-driven approach, partner extensively with Product GMs and Sales leaders, and the ability to manage a team of high achieving individuals.
 

Responsibilities:
•    Pricing strategy and execution across all product lines at OpenText
•    Cultivate an exceptional team to that drives excellence and growth
•    Work with the company's executive leadership to define, launch, and drive strategic and operational initiatives around pricing strategy and release management.
•    Drive recommendations through to implementation and results
•    Collaborate across Product, Engineering, Sales, Marketing, Analytics and Finance
•    Develop insights and recommendations through customer segmentation, price discovery, testing & experimentation, and ROI analyses
•    Oversee all operational aspects of pricing implementation, including billing requirements, discounting frameworks, and ongoing monitoring
•    Devise automated and scalable means of measuring pricing performance
•    Monitor key metrics and market intelligence to derive insights and identify opportunities for evolving pricing
•    Codify a set of best practices and processes that can be used to drive ongoing pricing improvement

 

Measurable Scorecard:
Critically, the leader of this team will guide the company through the process of answering the following questions:
•    What value are we creating for our customers and partners across our product suite?
•    How should we segment the market to best understand value delivery and value capture?
•    Where are the growth opportunities and what is the best strategy to approach this? 
•    Which new markets or opportunities should we pursue? Why? 
•    How should we configure the portfolio of products to best serve the different segments in the market? What new product or pricing initiatives should we consider?
•    How should the pricing strategy evolve throughout the lifetime of the products and adapt to changes in the market?
•    What are the optimal pricing & packaging models to maximize adoption and monetization of portfolio?

 

Where?
Waterloo (preferred as the team is located there), Toronto, or Richmond Hill, Ontario.  Would consider Bay Area for the right candidate.

 

Requirements:
•    10+ years of pricing experience, particularly in the enterprise software 
•    Strong leader with proven ability to motivate, mentor and lead teams
•    Strong analytical skills – expert in statistical analysis
•    Excellent team leadership and interpersonal skills; ability to persuade, communicate vision and motivate people at every level, cooperative working style
•    Excellent written and oral communication and interpersonal skills

 

Education:
•    Advanced degree or demonstrable equivalent with a focus in Data Science, Computer Science, Economics, Statistics, Applied Math, or any other related field


 

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OPENTEXT - THE INFORMATION COMPANY

Our growing team is mapping the future of Information Management, and we continue to make new discoveries that expand its boundaries. Join us and be part of a winning team, where the opportunities for your career are limitless. 

From its innovative start as a research project by University of Waterloo professors in 1991, OpenText has grown into a global company with offices in more than 35 countries. Our high- performance culture has forged our growth and is an excellent fit for people looking to push themselves to learn and do more.

It’s our time to lead, and as part of our team, it will be your time too. Our continued growth will provide you the opportunity to explore, learn and chart an exciting career path while enjoying a good work-life balance. 

Perks 
If you thrive in a dynamic work environment, there is always a new horizon to explore. We are proud to offer excellent benefits, challenging work and competitive financial rewards. 

Benefits 
Our employee programs prioritize employees’ well-being and that of their families. We offer a comprehensive benefit plan, education assistance, a wellness/fitness reimbursement and time off to volunteer. 

Social events 
With offices around the world and flexible work arrangements, OpenText strives to make sure all our employees feel connected. Teamwork extends to our social lives too from local social events to company-wide activities, we want our employees to take time to relax and have fun.  

Corporate Citizenship  
Corporate Citizenship is more than a program for us, it is engrained in our purpose, impact, and approach to doing business. Through numerous volunteer initiatives, we support education and innovation for global change.

Explore your career and your potential. Become an OpenText Voyager.

Apply now »