Sr Pricing Analyst

CosmoProf•Plano, TX

5d•Hybrid

About The Position

Sally Beauty Holdings, Inc. (SBH) is a leader in professional hair color, selling and distributing professional beauty supplies across 11 countries through its Sally Beauty and Beauty Systems Group businesses. Sally Beauty offers products for hair color, hair care, nails, and skin care to retail customers. Beauty Systems Group sells professionally branded products intended for use and resale by salons. The Sr Pricing Analyst is responsible for driving the analysis and execution of Price Optimization. This role requires strong analytical and math skills with a focus on detailed execution of processes. The position will partner with Merchandising, Marketing, Stores, and the Information Systems team to drive change management throughout the company. This is a hybrid position reporting into the support center at Legacy West in Plano, Texas.

Requirements

Bachelor's Degree in Business, Math, or Finance
3-5 years Business experience
Retail or consumer products experience a plus, but complex analytical experience is a priority.
Strategic Thinker with proactive approach to problem solving.
Utilize pricing systems and tools to manage and optimize pricing processes.
Prepare regular reports on pricing effectiveness, sales performance, and market trends.
Lead and partner on initiatives to automate pricing workflows and improve system capabilities.
Ability to build strong business relationships with key partners
Strong skills in selling point of view and persuading other functions to support your program
Exceptional analytical and problem-solving abilities.
Proficiency in data analysis and financial modeling.
Familiarity with SQL and other data querying languages.
Ability to organize and manage a variety of activities while addressing multiple priorities and quickly react to changing business needs while meeting firm deadlines
Superior strategy development skills
Strong negotiating skills supported by excellent oral and written communication skills
Needs to be a self-starter to be able to develop policies and programs to meet new business objectives

Nice To Haves

Proven experience with pricing systems and tools (e.g., Nielsen, Revionics, PROS) preferred.

Responsibilities

Leverage data-driven insights to create and execute pricing scenarios, ensuring alignment with sales and margin optimization goals.
Analyze pricing performance against set objectives, providing recommendations to improve outcomes.
Utilize internal systems and tools to implement pricing strategies and monitor results, ensuring alignment with business goals.
Analyze pricing performance data and ensure pricing accuracy, making data-driven adjustments as necessary.
Collaborate with Merchandising, Ops, and IT to continuously refine and optimize pricing execution based on ongoing analysis.
Develop automated reporting tools to track key pricing metrics and ensure timely decision-making.
Conduct in-depth pricing analysis using data analysis, financial modeling, and competitive insights to refine pricing strategies that drive sales and margin growth.
Use A/B testing, price elasticity models, and historical data to recommend and implement pricing strategies for various categories and regions.
Evaluate the impact of price changes and promotional strategies, identifying trends and opportunities for improvement.
Analyze competitive pricing data and market conditions, recommending adjustments to stay ahead of industry trends.
Provide senior leadership with actionable insights through data visualizations and reports, helping to drive strategic pricing decisions.
Collaborate with Merchandising and Inventory Management teams to develop and optimize clearance pricing strategies, using historical performance data and market conditions.
Provide data-driven recommendations on clearance strategies for not on-POG items.
Track and report on the effectiveness of clearance strategies, adjusting pricing as needed to maximize margin and reduce excess inventory.
Lead and/or support cross-functional projects, providing data-driven insights and recommendations to improve pricing processes, tools, and strategies to drive efficiency and enhance pricing capabilities.