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The Senior Manager of Pricing Analytics is a crucial member of the Corporate Pricing Team responsible for executing the vision of the Corporate Pricing Team by leading the pricing analysis efforts, managing a team to drive data-driven decision-making that aligns with the company's business objectives. This role involves developing retail-centric pricing strategies, implementing strategies across diverse markets, and fostering a culture of innovation and continuous improvement within the team.
Job Responsibility:
Partner with VP of Pricing on long-term vision for retail pricing including strategic plans, tactical execution, metrics, and reporting structure
Develop retail-centric pricing strategies to address local market customer needs and meet the demands of the local competitive environment
Present findings, insights, and strategic recommendations to senior leadership and other stakeholders
Develop the execution strategies and oversee the implementation of pricing systems, tools, and processes necessary to expand profitability and grow sales
Partner with Sales Analytics to improve reporting capabilities, improve Operator-based metrics, and measure results of executed strategies
Work with Suppliers and Manufactures to expand vendor pricing recommendations while driving efficiencies in data exchanges
Develop strategies to leverage technology capabilities to update retail shelf labels, including possibilities to utilize electronic retail shelf labels
Assess Market needs across the organization and determine system and training requirements to implement best practices
Collaborate with Product Owner to create business requirements necessary to expand pricing capabilities in in-house Pricing Engine
Utilize predictive modeling, experimentation, statistical analysis, and data visualization techniques to understand price elasticities and optimize pricing decisions
Implement and promote a test-and-learn approach to pricing strategies, experimenting with different methodologies to identify the most effective solutions
Craft individual development plans for team members, and provide necessary coaching to ensure individual, team, and company success
Other related duties as assigned
Supervises assigned employees including staff selection and training
planning, assigning and directing work
conducting performance reviews
rewarding and disciplining employees
addressing complaints and resolving problems
Provide leadership and guidance to coach, motivate, and lead team members to their optimum performance levels and career development
Requirements:
Bachelor’s degree preferably in Business Administration, Finance, Accounting, Mathematics, Information Technology or a related field
7-10 years of related work experience, or equivalent combination of education and experience required
7+ years of experience in analytical field – preference given to disciplines focused on Sales, Pricing, Margin, or Cost Analysis
3-5 years of experience leading and developing teams
Direct pricing experience with customer-facing products in a retail environment
Demonstrated success crafting and implementing strategies and initiatives
Proven ability to leverage data in decision-making
Advanced Microsoft Office Skills – specifically Excel
Experience with large data modeling software such as Power BI, Python, SQL
Excellent communication skills – verbal and written
What we offer:
competitive, affordable benefits designed to make life better for you and the people you love
great plans that help you and your family to live happier, healthier and more secure lives