Sr. Manager - Pricing Analytics

CarMaxRichmond, VA
6hHybrid

About The Position

CarMax relies on algorithms to make important decisions about which cars to buy, how to price them, and how to allocate them across our 200+ stores. Doing so ensures that we have the right cars at the right prices to meet our customers’ needs. As we continue to innovate our business and shift more of our buying and selling online, we increasingly need to make these decisions quickly with less human intervention. Our team of data scientists and analysts plays a critical role in unlocking the business value from these innovations. As a Senior Manager of Pricing Analytics, you will work with data scientists and analysts on the Supply Chain Strategy team and with business partners/stakeholders to make key recommendations and drive improvements to ensure our pricing and buying decisions are optimized to support sales growth.

Requirements

  • 6+ years’ experience in an analytical or strategic role
  • Four-year undergraduate degree with strong academic performance (MBA or Masters in an analytical field is a plus)
  • Analytic mindset, with experience conducting large scale data analysis to support conclusions (preferably with SQL or Python experience)
  • Ability, willingness, and enthusiasm to manage a team of passionate data scientists and analysts who are regularly shaping strategy at a big-picture and a detailed level
  • Ability to communicate complex topics to influence executive thinking and improve execution and innovation
  • Applicants must be currently authorized to work in the United States on a full-time basis.
  • Sponsorship will not be considered for this specific role.

Nice To Haves

  • MBA or Masters in an analytical field is a plus

Responsibilities

  • Create and actively promote an environment of associate development across the Pricing team, while also driving team engagement
  • Partner with business leaders to drive execution by leveraging your team to identify KPIs, set measurable goals, and create management systems to deliver results
  • Ensure that the model is tuned to current market conditions by identifying times when immediate strategy changes are needed (ex: gas prices spiking)
  • Build and execute a management system to ensure that the model is delivering intended values (alert system, regular review meetings…)
  • Quickly respond to and resolve pricing system issues regardless of time of day/week
  • Lead data scientists on the team in leveraging models to drive tangible business value
  • Influence strategic direction of company by providing analytical evaluation and strategic thoughtfulness to key problems and by working to gain buy across entire organization
  • Present insights and recommendations to key stakeholders to achieve consensus for change
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