Pricing Analyst

Do it Best•Fort Wayne, IN

5d•Onsite

About The Position

The Pricing Analyst executes retail and wholesale pricing strategies through data driven analysis and close collaboration with the Merchandising team. They ensure pricing is competitive, accurate, and profitable to support sales, margin, and market positioning goals. Success in this role requires strong analytical ability, problem solving skills, and effective cross functional collaboration.

Requirements

Bachelor’s Degree or equivalent work experience.
1-3 years of experience, preferably in Finance, Merchandising, Pricing, Supply Chain, or similar industry.
Intermediate knowledge of MS Office (Word, Excel and PowerPoint) and Relational Databases (SQL)
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Creative problem-solving skills, great verbal and written communication skills, and excellent organizational skills.
Accuracy-focused analytical approach.
Must be able to work with minimal supervision.
Ability to prioritize and meet deadlines.
Personable with a teamwork and customer service mindset.
Ability to work in a fast paced, dynamic environment.

Nice To Haves

SQL (Teradata, Databricks)
BI tools (e.g., Power BI, Tableau, TARGIT)

Responsibilities

Set and maintain member cost and suggested retail pricing to support corporate and member margin and competitiveness objectives.
Monitor market and competitor pricing to support competitive, market-aligned pricing decisions.
Support line reviews through pricing analysis and execution support.
Respond to member pricing inquiries and provide timely, accurate resolution.
Actively participate in department and team meetings.
Perform ad hoc business analysis and reporting to support pricing and business decisions.
Manage member cost and suggested retail pricing in alignment with corporate pricing strategies and margin goals to drive competitiveness and profitability.
Perform detailed line review analysis to establish baseline analytics, support the merchant team throughout the project, and set cohesive category-level pricing aligned with category objectives and corporate pricing strategies.
Review vendor cost changes and execute established processes to ensure timely, market-aligned price adjustments.
Monitor competitor pricing to identify pricing gaps and implement adjustments that maintain competitive, market-relevant pricing.
Maintain competitor pricing repository hygiene, including adding and validating equivalent and exclusive brand matches, and identifying, documenting, and escalating data quality or integrity issues.
Build and maintain collaborative partnerships with Merchandise Managers and cross-functional stakeholders to support pricing activities, line reviews, and ongoing pricing initiatives.
Continuously develop product and category knowledge to apply category context, market dynamics, and merchandising considerations to pricing analysis and recommendations.
Maintain two-way communication with Pricing Leadership to proactively surface pricing issues, exceptions, risks, and insights, and to receive guidance on priorities and decisions.
Receive, evaluate, and respond to member pricing inquiries or concerns in a timely manner, coordinating with internal partners as needed to support accurate resolution.
Extract, manipulate, and analyze large datasets using Excel, SQL (Teradata, Databricks), and BI tools (e.g., Power BI, Tableau, TARGIT) to generate actionable insights and support pricing decisions.
Develop and maintain pricing dashboards and reports to support pricing strategy reviews and decision-making.
Support pricing actions throughout the product lifecycle, including launches, markdowns, phase-outs, and auctions.
Support data integrity by validating pricing inputs and identifying, correcting, or escalating errors related to invoice cost, member cost, or suggested retail price.
Participate in the price change approval process and track implementation status to ensure end-to-end execution.
Complete required pricing analyst training and ongoing development activities to remain aligned with pricing best practices, tools, and methodologies.
Document and maintain tools, templates, and key learnings to support knowledge sharing, standardization, and process efficiency across the pricing team.