Pricing Manager

Position Purpose 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 merchants, the Pro team, and subsidiaries, to develop and test hypotheses as well as work with the development team to prioritize IT development. They 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 to support corporate-level pricing initiatives and advocate for implementing pricing best practices. Key Responsibilities Develop relationships with cross-functional partners to collaborate and 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 (50% of role). Typical analysis includes: marketplace and macroeconomic trends, customer segmentation and responsiveness, line structure engineering, localization (pricing zone definition), promotional effectiveness, transaction and basket penetration, 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. Develop communication to leadership to gain alignment and partner with IT and other cross-functional teams to prioritize efforts that support the execution of strategies (50% of role). Supervise work activities of others, including planning, monitoring, reviewing, selecting, terminating, performance appraisal and professional development. Direct Manager/Direct Reports Reports to Sr Manager Pricing. Has 2-3 direct reports. Travel Requirements Typically requires overnight travel less than 10% of the time. Physical Requirements Mostly seated; occasional light lifting or movement. Working Conditions Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable. Minimum Qualifications Must be eighteen years of age or older. Must be legally permitted to work in the United States. Preferred Qualifications MBA. Prior experience in retail pricing. Prior experience in merchandising, planning and analysis. Proficiency with Microsoft Access, Excel and PowerPoint. Strong analytical skills with financial analysis aptitude and ability to generate insight from large and complex data sets. Excellent communication skills, including the ability to articulate viewpoints to executive leadership and write compelling executive level presentations. Strong project management skills and ability to handle multiple priorities and deadlines simultaneously. Strong financial acumen with experience with retail and cost accounting methods. Minimum Education Bachelor’s degree or equivalent in a related field. Preferred Education No additional education. Minimum Years Of Work Experience 4 years. Preferred Years Of Work Experience No additional years of experience. Minimum Leadership Experience None. Preferred Leadership Experience None. Certifications None. 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 a fast-paced environment. Ability to prioritize multiple demands, adjust quickly to change, and work constructively under pressure. Ability to structure nebulous projects and work constructively under tight deadlines. Ability to influence peers and business partners without authority. Seniority level Not Applicable Employment type Full-time Job function Other – Consumer Services #J-18808-Ljbffr