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Lead RGM Analyst

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength. Explore life at Fortune Brands here

Job Description

This Revenue Growth Management (RGM) Lead Analyst role leads the creation of sales, market, and pricing insights and analyses that drive Moen’s go-to-market strategy with responsibility for growing profitable sales. In this role, you will analyze industry and customer data through internal and external sources, playing a key role in implementing data driven decisions. This role will integrate data from multiple sources to identify challenges, opportunities, and implications for achieving business goals across multiple channels (retail, commercial, eCommerce and direct-to-consumer). This position will effectively analyze and distill data into patterns and trends and develop clear and concise communications around key business insights.

 

Position location: This role is designated as a hybrid role which includes working at least 3 days per week (Tuesday, Wednesday, Thursday) in our main office located in North Olmsted, OH to foster better collaboration, connection, and innovation.

 

RESPONSIBLIITIES:

What you will be doing:

  • Partner with Marketing, Sales, and Finance to understand business objectives and performance measures. Establish and lead Revenue Growth Management (RGM) analytics that include predicting and tracking results around pricing, promotions and assortment changes for Marketing, Sales, and Finance.
  • Lead actionable, fact based, insight driven recommendations on pricing, promotions, and assortment for your cross-functional teams that lead to increased sales and profitability.
  • Provide pricing expertise and thought leadership to your cross-functional team.
  • Analyze customer, channel, and product market performance to inform pricing and channel strategy.
  • Maintain and enhance existing strategic pricing guideline files to help facilitate ongoing identification of retail or list pricing risks and opportunities.
  • Track planned and executed promotional activity. Collaborate with the Category, Sales, and Finance teams on a category promotional strategy for each business based on financial goals and evaluation of historical promotion performance.
  • Lead internal customer line review process and analysis.
  • Track and report on clear key performance indicators (KPI’s) and supporting reporting/dashboards to monitor performance of key initiatives and ensure attainment of revenue growth management objectives.
  • Identify needs for new data sources and analytical tools. Develop new tools or modify existing tools to improve the efficiency and effectiveness of delivering key metrics and insights to our business partners.
  • Apply relevant statistical tools to help build predictive models, improve customer segmentation, optimize product assortments, refine approach to pricing, and improve elements of the overall marketing mix.
  • Influence the strategic decision-making processes made by partners in Marketing and Sales by defining, monitoring, and reporting ongoing key metrics from analyses; Continue to evolve key metrics as business strategies and objectives evolve.
  • Establish processes and templates for Sales and Marketing team members to use to drive and measure the effectiveness of pricing, promotions, and programs.
  • Provide support in annual business planning process, category & channel management, and customer portfolio selection as needed.

Qualifications

  • Bachelor’s degree in business, economics, finance, statistics, or related field; master’s degree preferred.
  • 7-10 years of business experience, including a minimum of 3 years in RGM, Marketing, Sales, Finance or Pricing. 10+ years of total experience preferred.
  • Ability to calculate and articulate the calculation and impact of business metrics to a general audience (e.g. Gross & Net Margin, ROI, CAGR, and Price Elasticity).
  • Proficient in the use of Microsoft Office Suite with advanced Excel skills.
  • Experience developing solutions using large volumes of data; creating predictive models, using applied statistical analysis such as regression, classification, and clustering.
  • Experience collaborating in a team environment cross-functionality and across all levels of the organization as a key contributor and voice to many aspects of the business.
  • Proven history of influencing stakeholders to drive decision making and consensus building.
  • Excellent interpersonal, communication, and presentation skills with experience presenting and translating data into decision-ready insights.

 

PREFERRED QUALIFICATIONS:

  • Experience in market modeling and price elasticity in a retail environment strongly preferred.
  • A strong process improvement background (e.g. Lean Six Sigma Black Belt) is preferred.
  • Experience using data preparation/transformation tools (e.g. Alteryx or Talend) preferred, experience with advanced analytics tools a plus.
  • Experience with business intelligence and visualization tools (Tableau a plus).
  • Experience developing Use Cases or User Stories is a plus.
  • Demonstrated ability to multi-task and accept changes in direction or priorities quickly.
  • Demonstrated ability to effectively solve problems despite complexity and uncertainty (high quantity, conflicting, and/or missing data).
  • History of delivering results with a high level of detail, accuracy, and accountability.
  • Demonstrated sense of urgency and ability to persevere to reach objectives for challenging problems.
  • Demonstrated passion for learning and adoption of new technology.

Additional Information

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

 

Equal Employment Opportunity

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

Average salary estimate

$115000 / YEARLY (est.)
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$100000K
$130000K

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What You Should Know About Lead RGM Analyst, Fortune Brands

At Fortune Brands Innovations, Inc., we're on the lookout for a talented Lead RGM Analyst to join our dynamic team. If you're passionate about transforming data into actionable insights, this role is just for you! Based in our office in North Olmsted, OH, you'll be working closely with cross-functional teams in Marketing, Sales, and Finance. Your mission in this role is to dive deep into industry and customer data to help shape our go-to-market strategy for Moen. You’ll lead the Revenue Growth Management initiatives, providing data-driven recommendations that can directly influence pricing, promotions, and product assortment decisions. Imagine crafting insights that not only drive profitability but also enhance our customer experiences! If you're someone who loves analyzing data from various channels like retail and eCommerce and can translate that into clear communications, we'd love to meet you. You're empowered to think creatively and bring your ideas to the table, making a real impact in the business. With a hybrid work model that promotes collaboration and innovation, you’ll be part of a culture that embraces inclusivity and supports your professional growth. So, if you're ready to lead RGM analytics and take the next step in your career with us at Fortune Brands, we can't wait to see what you can contribute!

Frequently Asked Questions (FAQs) for Lead RGM Analyst Role at Fortune Brands
What are the main responsibilities of the Lead RGM Analyst at Fortune Brands?

The Lead RGM Analyst at Fortune Brands Innovations is responsible for leading the creation of pricing, sales, and market insights to drive strategic decisions. Key responsibilities include partnering with Marketing, Sales, and Finance to establish and lead Revenue Growth Management analytics, giving actionable recommendations on pricing and promotions, and analyzing customer performance across various channels to meet business goals.

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What qualifications are required for a Lead RGM Analyst at Fortune Brands?

To qualify for the Lead RGM Analyst position at Fortune Brands, applicants should have a Bachelor’s degree in business, economics, finance, or a related field, with a master’s degree preferred. A minimum of 7-10 years of business experience, including 3 years in Revenue Growth Management or related fields, is essential. Skills in statistical analysis, advanced Excel, and experience working with large data sets are crucial.

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How does the Lead RGM Analyst at Fortune Brands support cross-functional teams?

In the role of Lead RGM Analyst at Fortune Brands, you'll be integral to supporting cross-functional teams by providing pricing expertise and actionable insights. This involves collaborating with teams to establish strategies based on performance measures and identifying challenges or opportunities that impact revenue growth, ultimately enhancing team effectiveness and driving business results.

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What analytical tools are preferred for the Lead RGM Analyst role at Fortune Brands?

The Lead RGM Analyst position at Fortune Brands prefers candidates with experience in analytical tools such as Alteryx or Talend for data preparation and transformation. Familiarity with business intelligence visualization tools like Tableau and proficiency in statistical analysis methods, including regression and clustering, can significantly enhance the candidate's ability to perform well in this role.

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What benefits does Fortune Brands offer to its employees in the Lead RGM Analyst role?

Fortune Brands Innovations offers a competitive benefits package to employees in the Lead RGM Analyst role that includes comprehensive health plans, a robust 401(k) program with company contributions, flexible time off options, and inclusive fertility/adoption benefits. The company also emphasizes employee wellness and inclusivity through various Employee Resource Groups.

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Common Interview Questions for Lead RGM Analyst
Can you describe your experience with Revenue Growth Management as a Lead RGM Analyst?

Highlight your previous roles where you've led RGM initiatives. Discuss specific strategies you've implemented and their outcomes on sales and profitability. Demonstrating how you've used data to make informed decisions will show your competence in this critical area.

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How do you approach analyzing market data for pricing strategies?

Explain your methodology for collecting and analyzing market data. Discuss how you use statistical tools to identify pricing trends and how you collaborate with marketing and sales teams to refine pricing strategies based on your findings.

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What tools do you prefer for data analysis and why?

Mention your familiarity with various analytical tools such as Excel, Alteryx, or Tableau. Emphasize how these tools have helped you streamline data analysis processes and improve the consistency of your insights.

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How do you manage conflicting data or misinformation in analysis?

Discuss your systematic approach to verifying data integrity and how you navigate discrepancies, highlighting skills in problem-solving and critical thinking.

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Describe a time when your insights influenced a business decision.

Provide a specific example where your data analysis led to a significant business outcome. Detail the situation, your insights, and the decision-makers' responses to your recommendations.

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How do you track and report key performance indicators?

Talk about your experience developing dashboards or reports to monitor KPIs. Explain the importance of tracking performance metrics and how they inform strategic decisions at Fortune Brands.

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What collaboration techniques do you find most effective with cross-functional teams?

Share experiences where you've successfully collaborated with different departments. Emphasize clear communication and the willingness to be open to various perspectives.

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What role does predictive modeling play in your analysis?

Discuss the significance of predictive modeling in understanding market trends and how these models have shaped your decision-making processes in previous roles.

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How would you explain complex data insights to a non-technical audience?

Explain your approach to translating complex data into clear insights using relatable examples or visuals. Highlight the importance of storytelling in data presentation.

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What do you think is the biggest challenge facing pricing analysts today?

Talk about challenges like rapidly changing market conditions or data overload. Offer insight into how adaptability and continuous learning are essential to overcome these hurdles.

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Full-time, hybrid
DATE POSTED
December 20, 2024

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