Pricing Manager

AlbertsonsBoise, ID
Hybrid

About The Position

This position presents the opportunity to work in a strategically important and fast-paced analytics team. The Pricing Manager will help establish a National Pricing Function which includes strategic development and guidance; process optimization, data governance and stewardship, tool development and deployment, reporting/analytics/insights; training and change management; he/she will partner closely with the Divisions to ensure the pricing strategy is brought to life both at the National & Division level.

Requirements

  • Bachelor’s degree in business administration, Economics, Marketing, Finance, Statistics, or equivalent experience
  • 2 plus years of Category experience recommended
  • 5 plus years of Pricing related experience preferred
  • 5 plus years of Analytical and, or financial experience
  • Excellent computer skills including the Microsoft Office Suite+
  • Experience with SQL preferred, Snowflake and Python ideal
  • Adept with Business Intelligence tools including report development
  • Ability to synthesize and summarize large amounts of information clearly and concisely
  • Act as a change agent who can gain consensus and influence action
  • High degree of initiative; must be able to work independently and be a team player
  • Strong organizational skills with the ability to handle and prioritize multiple tasks simultaneously.
  • Excellent oral and written communication skills including training and change management
  • Documented and trained different aspects of pricing and processes desired

Nice To Haves

  • Snowflake and Python ideal

Responsibilities

  • Develop, construct, and guide enterprise strategic decisions around pricing, sales and profit optimization, data governance, business rules, pricing exceptions, training, and process efficiency for all Divisions, Banners and Stores
  • Create Pricing Strategies, CPI Targets & Goals, Category & Item Roles, Price Area recommendations, Promotion optimization, and other KPI metrics/reports with clear and concise communication to Division and Senior leadership
  • Leverage category financial levers including sales, markdowns, funding, and profitability as inputs to our pricing strategy
  • Utilize & imbed customer shopping behaviors, customer segmentation, category & item strategies, and key business drivers as inputs to our pricing strategy
  • Provide Pricing recommendations & Insights to Senior Leadership, Division teams, and Pricing Managers including developing period, quarterly and annual Pricing SLT, AOP, BOD, and ER documents
  • Manage & Oversee price optimization software and tool selection (Base & Promotion Pricing), data management & testing, deployment, training & change management, and process improvement to improve company financial performance (sales, profit, unit improvement) and customer price perception
  • Perform and execute complex business analyses and projects from concept to completion to drive sales & profits, business efficiencies, including data driven insights that lead to tangible business benefits
  • Lead & manage large data-related pricing projects, collaborating with cross-functional departments to develop and implement improved reporting and data processes
  • Develop and implement recommendations for continuous process and system improvements, including identifying ways to automate analyses and processes
  • Own, Manage and maintain Pricing Master Data including OB-NB, brand and size relationships, competitor relationships, product match and linking, and item grouping (NCRC)
  • Own & Manage relationship with Competitive Intelligence vendor across all divisions including vendor selection and management, data validation, product linking, and system expansion
  • Continually evaluate competitors and marketplace dynamics to assess the impact on our business and develop related pricing strategy recommendations
  • Partner with senior leadership and division leadership teams to develop business initiatives to drive enterprise value and related pricing implications.
  • Anticipate marketplace events and develop “what-if” scenarios to address changing business dynamics
  • Collaborate and partner with 3rd Party vendors and consulting firms on strategic initiatives
  • Build a strong partnership and collaboration with stakeholders across the organization, consulting on how to attain their business goals by leveraging data and insights
  • Design reports and executive summaries and work closely with cross-functional teams to clearly and concisely communicate analytical findings/recommendations to key stakeholders
  • Assist Legal and Real Estate teams with Pricing related research and analytics

Benefits

  • Competitive wages paid weekly
  • Access to up to 50% of your earned wages before payday, via our partnership with Stream
  • Associate discounts
  • Health and financial well-being benefits for eligible associates (Medical, Dental, 401k and more!)
  • Time off (vacation, holidays, sick pay).
  • Leaders invested in your training, career growth and development
  • An inclusive work environment with talented colleagues who reflect the communities we serve
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