Senior Pricing Analyst

Reece Group•Addison, TX

About The Position

The Senior Pricing Analytics Analyst is responsible for leveraging advanced data analytics to develop and implement pricing business strategies aimed at optimizing gross profit. This role involves managing pricing across all product and customer segments in the USA, advancing the Customized Pricing Model to ensure competitiveness and profitability. The primary objective is to introduce and utilize advanced data analytics to achieve optimal acceptance and profitability of Customized Pricing, maintain appropriate pricing competitiveness, and foster a culture of data-driven pricing decisions.

Requirements

Bachelor’s degree in business, Statistics, Analytics, Mathematics, or other similar degrees required.
Minimum of 5 years of cost / pricing, revenue management, operations, sales, or business development experience required.

Nice To Haves

Minimum of 2 years of wholesale distribution industry experience preferred.
Hands on experience with a pricing optimization system (eg. PriceFX, Vendavo, ZIlliant) preferred.
Significant experience working across multiple geographic and cultural regions.

Responsibilities

Develop and implement data-driven pricing strategies for the company’s products.
Support the development of department processes and guidelines.
Participate, contribute, and lead department discussions and meetings, as well as inter-departmental meetings.
Initiate interdepartmental interaction to improve processes and methods.
Deliver timely results independently and as a project leader.
Exhibit a balanced approach to solving problems and develop creative solutions to achieving objectives and overcoming issues.
Effectively present data and results to drive stakeholder and management consensus.
Support the design, development, and implementation of AI-powered pricing solutions.
Advance and digitize pricing processes to support the Reece 2030 vision.
Be an active participant within the culture of experimentation and continuous optimization in pricing.
Collaborate closely with Data, Sales, Transformation, and Merchandising teams to understand business requirements and translate them into technical solutions.
Partner with the Network and its Leaders to advance data-driven Customized Pricing.
Effectively communicate recommended changes in pricing, supporting the transparency & consistency pillars of the Four Pillars model.
Support development proposals for the digitization of pricing processes and execute industry world-class solutions.
Introduce new methodologies that advance automation of foundational processes.
Actively seek and share information, encourage collaboration.
Invest time in being externally curious, explore and share learning that encourage new thinking and ideas.
Show critical thinking.
Demonstrate the ability to balance priorities to support solutions for the 2030 pricing strategy for the USA business.
Drive innovation & creativity through a relentless focus on the Customer.
Demonstrate rigor in analytical thinking and agility in decision making.
Maintain the focus on our purpose and values, as these underpin our culture.
Execute the responsibilities in a lawful and ethical way.
Track record of delivering the ROI on business cases.
Execute category focused approach across the network while building and maintaining local relationships.
Role model high performance and a growth mindset.
Focus on profitability outcomes that align with delivery of the 2030 strategy and strategic priorities.
Work hard and consistently set and deliver high standards.
Role model continuous personal development and learning.
Take accountability to achieve agreed outcomes for assigned categories.
Establish pricing business strategies for optimizing gross profit in the assigned categories.
Create data-driven reporting and dashboards to promote the benefits of Customized Pricing for every customer to branch network.
Provide analytical insights and advise the Network, Pricing colleagues and Category Management of price, cost and purchasing opportunities to improve gross profit.
Effectively communicate strategies to branch network, merchandising & purchasing teams.