Job description
The Pricing Manager is responsible for developing a competitive organizational pricing strategy to drive financial performance across all categories (sales and margin). The Manager of Pricing collaborates with Finance, Merchandise, Marketing and Store Operations to integrate pricing insights and drive pricing decisions that supports company’s overall growth and profitability. This is a highly analytical role that requires the Pricing Manager to consider data from multiple sources and develop complex and dynamic pricing models that incorporates competitive pricing, market and customer data and supports departmental strategic goals.
Responsibilities:
- Uses financial and scenario modeling techniques to prepare analysis that shows the potential impact of various pricing strategies, including their effect on margins, sales and unit volume
- Develops, tests and tracks performance of new and innovative pricing initiatives to generate competitive advantage
- Works cross functionally on pricing strategy formulation and pricing decisions to ensure pricing actions that enhance profitability
- Develops pricing processes to continuously monitor, evaluate and enhance current decision making and to ensure timely response to market conditions and competitive factors
- Builds dynamic pricing tools and pricing intelligence that can process and incorporate large datasets and number of inputs from external/syndicated and internal data warehouses.
- Owner of weekly margin reporting including margin decomposition by department, type of sales (promo, non-promo) and up to an item level if necessary. Runs weekly reporting on margin variance vs. plan, forecast and LY identifying risk and opportunities vs. plan
- Prepare and present weekly and monthly recommendations to leadership for updates to current pricing and identifying and evaluating opportunities to drive revenue and profit
- Oversees pricing operations and day-to-day pricing activities across all product categories – including execution of all price changes down to the store level
- Works closely with merch teams to ensure pricing accuracy in the system and swift resolution of any pricing discrepancies that might occur
- Provides a high level of leadership, people management, coaching and development to the analyst direct report
- Supports current and future pricing initiatives such as development of price groups/families across all departments, upgrade of competitive intelligence tool and re-zoning efforts
- Assists in preparation of strategic merchandise and pricing plans as a part of annual business planning cycle
- Supports merchandising and marketing teams in ad hoc projects and reporting requests related to category and customer reporting, promotional campaigns, assortment changes/optimization or syndicated data reporting
- Other ad hoc analysis and reporting as requested by Leadership Team members
Qualifications:
- Communication Skills: Demonstrates strong listening, written and oral communication skills
- Strong analytical, statistical and database skills
- Strong financial and business acumen to evaluate financial and business indicators and translate data into actionable information to drive results
- People Management Skills: This role leads one direct report
- Process Design and Optimization Skills
- Willingness to roll up your sleeves and, as needed, own building of complex models
- Proficient with Microsoft Excel and able to fulfill the roles and responsibilities of the position using this or Microsoft Access software as a primary tool
- SQL skills required
- Ability to establish and improve processes and wire through the organization
- BA/BS in Business, Economics, Statistics, Math or related field required. MBA degree a plus
- 5+ years of pricing or sales finance experience preferably within retail, restaurant or other multiunit business
- Experience in reviewing and analyzing retail data (Nielsen, IRI, etc.)
- Retail industry and project management experience is strongly preferred
Compensation:
- Gopuff pays employees based on market pricing and pay may vary depending on your location. The salary range below reflects what we’d reasonably expect to pay candidates. A candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future. For additional information on this role’s compensation package, please reach out to the designated recruiter for this role.
- Remote - Salary Range (varies based on a cost of labor index for geographic area within United States): USD $114,200 - USD $181,000
Benefits
We want to help our employees stay safe and healthy! We offer comprehensive medical, dental, and vision insurance, optional FSAs and HSA plans, 401k, commuter benefits, supplemental employee, spouse and child life insurance to all eligible employees.*
We also offer*:
- Gopuff employee discount
- Career growth opportunities
- Internal rewards programs
- Annual performance appraisal and bonus
- Equity program
- Not applicable for contractors or temporary employees.
At Gopuff, we know that life can be unpredictable. Sometimes you forget the milk at the store, run out of pet food for Fido, or just really need ice cream at 11 pm. We get it—stuff happens. But that’s where we come in, delivering all your wants and needs in just minutes.
And now, we’re assembling a team of motivated people to help us drive forward that vision to bring a new age of convenience and predictability to an unpredictable world.
Like what you’re hearing? Then join us on Team Blue.
Gopuff is an equal employment opportunity employer, committed to an inclusive workplace where we do not discriminate on the basis of race, sex, gender, national origin, religion, sexual orientation, gender identity, marital or familial status, age, ancestry, disability, genetic information, or any other characteristic protected by applicable laws. We believe in diversity and encourage any qualified individual to apply.
johnandkristie.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, johnandkristie.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, johnandkristie.com is the ideal place to find your next job.