The Manager, Pricing Strategy will provide subject matter expertise, project management, and analytical support to the development and execution of Pricing Strategies. The Manager will understand the needs of constituencies, including the merchants, Pro team, and our subsidiaries, to develop and test hypothesis as well as to work with the development team to prioritize IT development. The Manager will work with cross functional partners, including marketing, ops, strategy and others to ensure end to end thinking on strategy and execution. The Pricing Manager will manage Senior Analysts in an effort to support corporate level pricing initiatives and advocate for implementing pricing best practices.
Major Tasks, Responsibilities & Key Accountabilities:
50%-Develop relationships with cross functional partners to collaborate and to determine company goals and objectives, conduct standard and ad hoc analysis to identify key drivers of performance, recommend pricing decisions and strategies that will improve category performance and develop financial plans that reflect pricing changes.Typical analysis will include: (a) marketplace and macroeconomic trends impacting the category including competitive assessment, (b) customer segmentation and responsiveness (c) line structure and line structure engineering, (d) localization, including defining pricing zone definition, (e) promotional effectiveness, (f) transaction and basket penetration, (g) consumer psychology.Develop executive-level presentations that summarize analysis including historical performance, strategic rationale underpinning pricing decisions and expected financial impact. Report out to all levels of management. Accountable for accuracy, thoroughness, thought process, timeliness and viability of recommendations.
50%-Develop the necessary communication to leadership to gain alignment and partner with IT and other cross functional teams to prioritize efforts that support the execution of strategies. Planning, monitoring and reviewing work of subordinates is required. This may include direct supervision of a shift or the coordination of multiple work groups. Makes recommendations concerning selection, termination, performance appraisal and professional development.
Nature and Scope:
Environmental Job Requirements:
Additional Environmental Job Requirements:
Standard Minimum Qualifications:
Must be eighteen years of age or older.
Must be legally permitted to work in the United States.
Additional Minimum Qualifications:
Years of Relevant Work Experience:
Certifications & Licenses:
Prior experience in retail Pricing
Prior experience in merchandising, planning and analysis
Proficient with Microsoft Access, Excel and PowerPoint
Strong analytical skills including demonstrated aptitude with financial analysis and ability to generate insight from large and complex data sets
Strong communication skills including the ability to effectively articulate viewpoint to executive leadership and ability to write compelling executive level presentations
Strong project management skills and ability to effectively handle multiple priorities and deadlines simultaneously
Strong financial acumen including experience with the retail and cost methods of accounting
Knowledge, Skills, Abilities and Competencies:
Ability to partner with cross-functional teams at all levels across a complex organization
Ability to get results despite a large workload, competing demands and working in a fast paced environment
Ability to effectively prioritize multiple demands, adjust to change quickly and work constructively under pressure
Ability to structure nebulous projects and to work constructively under tight deadlines
Ability to influence peers and business partners without authority
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.