Director of Pricing and Monetization - New York, San Francisco

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Databases are the beating heart of every business in the world.

Cockroach Labs is the team behind CockroachDB, an open-source, distributed SQL database. We aim to build infrastructure that keeps pace with the world, so developers can focus on what matters most: building the best products. Join us on our mission to Make Data Easy. Are you ready to aim high and build to last?

About the Role

The Director of Pricing and Monetization strategy will be the point person in the Finance organization partnering with Revenue, Product, Product Marketing, and Service organizations to define price strategies, buying programs, and discounting policies. You will assist the Revenue team with the most complex deals and in setting the economics of new channels. You will be responsible to provide an analytical view on price realization and gross margin performance. Your objectives will be to constantly find opportunities to accelerate customer acquisition while also optimizing for the customer’s long-term value and as a result to impact top-line and gross margin performance. 

You Will
  • Provide strategic advice and analytical support to assess pricing changes and new buying programs across self-manage subscriptions, cloud services, and other support and professional services
  • Capture intelligence on competitive pricing and conduct competitive price analyses (e.g., including interviewing Fields teams to understand competitive dynamics of deals lost because of pricing)
  • Partner with Revenue, Product Marketing, and Product to set discount approval guidelines and design programmatic discount programs (e.g., promotions, volume discounts, freemium models, etc.)
  • Partner with Deal Desk and Field teams in structuring or reviewing the most complex deals
  • Partner with Channel and Alliance organization in assessing new routes to market, structuring new channel programs, and support them in negotiating the financial terms of new partnerships
  • Establish processes and models to assess the impact of pricing changes, new programs, and the structure of major deals on key financial metrics (e.g., revenue growth, gross margin, net expansion rate, etc. )
  • Report on price realization and gross margin performance and analyze key drivers to identify and recommend improvement areas
  • Collaborate with Revenue Ops on managing price books and ensuring all systems are updated.
  • Be the founding member of the function and operate initially as an individual contributor. As the business grows in scale and complexity, you, as a senior member in the Finance organization, will be expected to build a team and take on more responsibilities.
The Expectations

In your first 30 days, you will develop a strong understanding of our current business, in particular our products and services, how they are priced and transacted, and the key drivers of top-line and financial performance. You will also become familiar with the targeted market, the competition product offering, and strategy, and the company vision, strategy, product differentiation, and future roadmap. You will establish relationships with major executives and organizations you will be partnering with. You will quickly understand the major gaps and develop an initial roadmap of priorities (to be later refined), in particular, around pricing, buying programs, and deal structuring.

After 3 months, you'll be fully up to speed and integrated into the Finance team and the organizations you will be partnering closely with. You will have reviewed contracts and interviewed Field teams to understand how customers want to purchase and the competitive dynamics.

By that point, you will have aligned cross-functionally on the major pricing changes that should be considered and elements of our transactional models that should be reassessed. You will have reviewed and discussed with key stakeholders, in particular, the Revenue team. You will have iterated on the initial roadmap of priorities and put selected initiatives in motion. 

As you deepen your understanding of our business model and financial performance, you will establish processes to track performance, identify areas for improvement on an ongoing basis, and understand the financial performance of a more complex business.

You Have
  • 7+ years of experience in Pricing, Deal Desk, Sales Finance or related monetization roles within a SaaS, Enterprise Software, or Cloud Platforms
  • Experience at pricing and monetization strategies and deal structuring
  • Experience in working closely with Sales 
  • Rigorous analytical thinking and strong problem-solving skills, including the ability to analyze large data sets
  • Degree with strong analytical curriculum
  • Effective written and verbal communication skills, also at the Executive level
  • Ability to simplify complex concepts
  • Ability to collaborate and influence cross-functionally
The Team

Reporting to Lorenzo Montesi - Chief Financial Officer

Lorenzo is a seasoned professional with over a decade of experience leading finance, strategy, and operations for top technology companies. He loves to partner with technical teams and help them build companies that disrupt established markets. He was most recently the SVP of Finance at Cohesity, an enterprise data management company, where he led the finance and sales operations teams through multiple years of hyper-growth. Before joining Cohesity, Lorenzo held strategy and sales operations positions at VMware, RSA, and EMC, and earlier in his career, he was a management consultant at the Boston Consulting Group. He lives in California with his wife and two teenage children and loves outdoor activities (cycling, skiing, and hiking).

Our Benefits
  • 100% health insurance option (for you and your dependents!)
  • Paid parental leave (with baby bucks)
  • Flex Fridays
  • Flexible time off & flexible hours
  • Learning and Development budget
  • Relocation support

Cockroach Labs is proud to be an Equal Opportunity Employer building a diverse and inclusive workforce. If you need additional accommodations to feel comfortable during your interview process, please email us at [email protected]

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Technology we use

  • Engineering
  • Product
    • C++Languages
    • GolangLanguages
    • ReactLibraries
    • ReduxLibraries
    • CockroachDBDatabases
    • Google AnalyticsAnalytics
    • InVisionDesign
    • AirtableManagement

Location

53 W 23rd St , New York, NY 10010

What are Cockroach Labs Perks + Benefits

Cockroach Labs Benefits Overview

Flexible Working: You are free to arrange your work schedule to meet your individual circumstances.

Wellbeing for All: We partner with Spring Health and an Employee Assistance Program to provide free counseling and support mental health on our team.

Flex Fridays: Focus on what drives and motivates you outside of core work responsibilities. This is your day to self-manage and grow in whatever way you choose.

Having Fun Together: We dedicate company time to bond over everything from trivia and karaoke to paint-alongs and fitness classes (even online!)

Team Trips: Twice a year we voyage beyond Manhattan’s shores. These might be trips to the Caribbean or to the mountains. The connections made in these environments build friendships and deepen the ties which make working together fun and productive.

Flexible Time Off: We care about productivity, not face time. Take time off when you need it.

Learning is Good: We provide $2500 annually to support learning and development through workshops, conferences, and networking events.

Paid Parental Leave (with baby bucks): We offer 12 weeks of paid parental leave to all new parents after 30 days with us, individualized transition time and re-entry support, plus $500 in baby bucks.

Health & Retirement: 100% health insurance coverage for you & your dependents; One Medical membership; Gym discounts; free Citibike membership; FSA; 401(k).

Culture
Volunteer in local community
Cockroach Labs does at least two bi-annual team-wide volunteer days, partners with BUILD NYC, and for every referral that gest hired, we donate $2,500-$5,000 to the referrer's charity of choice.
Eat lunch together
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Unconscious bias training
Mean gender pay gap below 10%
Diversity Employee Resource Groups
Cockroach Labs' CREWS are groups to foster inclusivity and connection, including [email protected], Women of CRL, Infinite Colors (for neurodivergent people), and Roacher Pride. New Roachers can start one, too!
Hiring Practices that Promote Diversity
We've built a fairer hiring process including resume-blind, exercise-based interviews, implement rubrics across all of our hiring processes, and conduct regular unconscious bias training.
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
100% Company-sponsored Medical, Dental, Vision, Basic Life, AD&D, and Disability Insurance for You, Your Spouse, Partner, and Dependents.
Wellness Programs
Mental Health Benefits
Cockroach Labs partners with Spring Health to provide complementary therapy sessions to all employees.
Retirement & Stock Options Benefits
401(K)
Company Equity
Equity compensation is determined by the impact we expect an individual to have in their role paired with the risk that earlier employees took in joining the company.
Child Care & Parental Leave Benefits
Generous Parental Leave
8-12 Weeks of Family Leave + $500 Baby Bucks
Flexible Work Schedule
Cockroach Work Week: In-office Monday thru Thursday, with the option to work remotely on Fridays. Core Office Hours: 10am-4pm (except Tuesday Team Meeting from 5:00pm-6:00pm)
Remote Work Program
Return-to-work program post parental leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Pre-tax Commuter Account & Paid Citi Bike Membership
Company Outings
Monthly Company Activities & Bi-Annual Company Trips
Free Daily Meals
Lunch Monday thru Thursday & Team Dinners Every Other Tuesday
Stocked Kitchen
Some Meals Provided
Happy Hours
Pet Friendly
Relocation Assistance
Relocation Assistance for You and Your Family to Move to NYC
Home Office Stipend for Remote Employees
We provide each Roacher with a $1,000 budget to improve their work-from-home setup.
Professional Development Benefits
Job Training & Conferences
$1500 Learning & Development Stipend + $1500 for Associated Travel
Diversity Program
Lunch and learns
Cross functional training encouraged
Promote from within
Mentorship program
Continuing Education stipend
Time allotted for learning
Online course subscriptions available
Customized development tracks
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