Pricing Manager

2 weeks ago

Fleming Island, United States Cost-U-Less Full time

*Job description*

The Pricing Manager, internally referred to as Pricing and Business Analytics Manager, is accountable for researching, analyzing and providing best advice to support and develop short range and medium-range food and general merchandise business strategies, with a particular focus on Pricing & Promotions. The role monitors competitive price indexes for each CostULess (CUL) market and implements pricing strategies. The Pricing and Business Analytics Manager facilitates business strategies that provide NWCI the opportunity to better serve its customers with pricing and promotions that articulate our value proposition while creating a clear competitive advantage to both local and distant competitors. This role provides leadership and direct managerial oversite to the brand Data Entry Specialist.

Joining The North West Company International (NWCI) gives you the opportunity for growth and development throughout the company, an attractive and competitive salary and benefits package, and to be part of a dynamic and diverse culture.

NWCI is a leading retailer to under-served rural communities and urban neighborhood markets in the following regions: Northern Canada, Western Canada, rural Alaska, the South Pacific islands, and the Caribbean. Our stores offer a broad range of products and services with an emphasis on food. Our value offer is to be the best local shopping choice for everyday household and local lifestyle needs. Check out northwest.ca for more information.

*Key Accountabilities:*

* *Accountable for supervising the department(s) Data Entry Specialist
o Monitor performance of assigned tasks of reporting employees
o Train and develop reporting employees to meet department goals
o Train and develop reporting employees for department succession

Make strategic decisions about setting and adjusting price levels in order to maximize gross margin
dollars, increase revenue and sales volume

Accountable for the oversight and communication of the daily pricing and promotional activities and
reporting

Accountable for providing financial forecasts associated with pricing initiatives, promotions, and
markdowns

Accountable for supporting the promotional planning process
o Review of promotional analyses and forecasts
o Ensure promotions are in line with strategic guidelines and guardrails
o Enforce deadlines with cross-functional business partners
o Complete full in-depth post mortem analysis of CUL ads and promotional events

Partner with Category Managers and Director of Sales Operations to flow through impact of pricing
& promotional decisions into the total company P&L

Evaluate reporting, data, and competition to ensure alignment with strategic goals and provide
recommendations for corrective and preventative actions

Work with team to operationalize, streamline, and continuously refine processes and reporting

Identify and analyze competition and recommend strategy

Assist in the refinement of the long-term strategic plan

Maintain and regularly update a pricing history database

Manage total pricing procedures, enhance processes to make most of efficiencies, and ensure
timely response to market conditions

Develop and implement data collection systems and other strategies that optimize the companys
efficiency and data quality

Identify, analyze, and interpret trends or patterns in complex data sets

Work closely with management to prioritize business and information needs

Recommend quality metrics and ensure quality metrics are documented and tracked

Provide support and analyses on ad hoc projects

*Desired Skills & Experience:*

Minimum of a Bachelors Degree - Masters Business Administration or equivalent preferred
Five years or more of relevant work experience
Experience in Retail Pricing development and execution is required
Excellent risk assessment, financial modeling, problem solving and analytical skills
Exceptional planning and analysis (market research, statistical, management accounting and
financial) skill set
Category management, marketing or merchandising experience is required
Demonstrated ability to identify and capitalize on business opportunities and to create or play a key
role in creating plans that are effectively executed
Work Experience within Project Management field is considered an asset
Strong customer service skills
Impeccable attention to detail
Strong time management
High aptitude and resolve to achieve goals
Ability to manage and lead process definition and implementations
Ability to communicate complex concepts and influence senior management
Ability to work independently and as a member of a team
Ability to operate in ambiguous environments
Ability to successfully manage multiple work streams simultaneously
Excellent PC skills with emphasis on presentation and modeling (Excel, PowerPoint)

*Working Conditions:*

Fast paced office environment
Primarily computer work; able to sit or stand in one place for long periods of time
Multiple phone calls and meetings on a daily/weekly basis
Open area office environment
Ability to travel 30% of the time

*Location: Boca Raton, FL*
*Reports to: Vice President of Merchandising, Cost U Less*

NOTE: If an existing employee is selected for a posted position they will be required to remain in that position a minimum of one year prior to applying for other posted positions unless authorized by their current supervisor. New employees to the company must also remain in their position a minimum of one year prior to applying for posted positions unless authorized by their supervisor. This position adheres to the Corporate Job Posting Guidelines.

A competitive salary is being offered along with opportunities to learn, develop and advance throughout the organization. We thank all applicants for their interest; however only those selected for an interview will be contacted.

Job Type: Full-time

Schedule:
* 8 hour shift

Work Location: In person

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