Sr Analyst-Pricing

Lowe's Companies, Inc.•Mooresville, NC

13d•Onsite

About The Position

This position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up – we invest in you so you can find your inspiration. Your Impact Under the supervision of a Pricing Manager, the Sr. Pricing Analyst will support developing pricing strategies, recommendations, and guardrails for all product categories in their merchandising division. The Sr. Pricing Analyst will use technical tools and methodologies such as elasticity and demand curve modeling to determine optimal price points, test & control methodologies to identify the most effective pricing strategies, rules-based pricing to drive automation and consistency, cluster analysis to identify trends across similar products and geographies, and financial impact analysis to evaluate pricing recommendations and decisions. The Sr. Pricing Analyst will work to support financial and business target achievement for their area, while also positioning themselves as a key partner within the Merchandising organization.

Requirements

Bachelor's degree in Business Administration, Finance, Statistics, or related field or equivalent experience
3 Years of Experience in Pricing, Data Analytics, Finance, Omni-channel Retailing, or related pricing and promotion field.
Experience working in cross-functional teams, data elements or financial metrics analyzes
3 Years of Experience in Price Management, Merchandising, Financial Planning and Analysis, Store Operations, or Logistics.
Experience as a Lead Merchant and/or Pricing Lead in an omni-channel retail environment.
Experience working in cross-functional teams, leadership with direct report responsibility, data elements or financial metrics analyzes

Nice To Haves

2 Years of Work closely with senior leadership (VP and above)
Experience in Home Improvement Retail
Experience working in an omnichannel environment

Responsibilities

Building and maintaining strong relationships with Merchandising leaders and merchants, gaining in-depth knowledge of each business through assortment reviews, store walks, and consistent day-to-day communication with business partners
Conducting financial analysis to support specific businesses and categories, synthesizing multiple disparate data sources to drive recommendations, and working cross-functionally to implement pricing strategies across all channels
Developing and building repeatable workflows and templates to support efficient analytical processes while supporting various ad hoc analytical business needs
Providing support to Lowe’s stores and helping to resolve issues quickly and efficiently
Monitoring and responding to competitive movements to ensure consistency with broader pricing strategies and guardrails
Collaborating with other Pricing and Assortment Planning teams to create synergies between teams
Supporting the development and utilization of new tools and capabilities to deliver recommendations across the full product life cycle to business partners
Supporting the development of clear and concise communications, often to senior leadership, that convey complex ideas in a simple, structured, and cohesive manner appropriate to the audience in order to influence an outcome or decision
Supporting the Pricing Manager in ensuring that pricing strategies are developed, implemented, measured, and monitored effectively and communicating relevant progress and information to senior leadership
Receiving timely, effective, and actionable feedback and coaching from the Pricing Manager to support growth and development and enable effective performance of their role