Work at Purchasing Power
Position: Pricing Strategy & Analytics Manager
Location: Atlanta/Hybrid work model
Who Are We: Purchasing Power (corp.purchasingpower.com)
We are an Atlanta-based voluntary benefit company offering an industry-leading employee purchase program for brand-name consumer products, online education services and vacation packages through convenient payroll deduction, helping employees achieve financial flexibility.
The Opportunity: The Pricing Strategy & Analytics Manager will work cross functionally with the Finance, Merchandising, and Operations teams to support and develop pricing execution and strategy. You will help to drive sales and profitability by creating analysis and making recommendations for comprehensive product pricing and communicating key findings to relevant stakeholders through reporting analytics.
What You Will Do:
- Manage the product pricing recommendations with Merchandising by executing to the product pricing strategy and leading the review of price benchmarking and compliance initiatives
- Identify and explain pricing and margin trends, and make recommendations related to optimization of pricing and margin
- Evaluate and recommend price changes triggered by changes in product cost, retail market pricing, and Merchandising strategy (e.g., vendor-supported initiatives)
- Develop an understanding of product category structure and how initiatives will influence customer/pricing behavior
- Support Merchandising initiatives around product demand, margin, and volume
- Determine pricing and promotion performance execution and measurements
- Identify and recommend pricing tests, including results measurement and recommendations
- Develop management reports and dashboards, conduct on-demand price management analysis, and communicate the analysis results
- Create reporting to assist in understanding business impact of changes in demand/margin/mix
- Respond to ad-hoc analysis and operational needs with efficiency and accuracy
- Lead the planning and monitoring of Product Demand and Margin Forecasting/Budgeting to ensure the alignment with the financial goals of the company
The Experience You Will Bring:
- Bachelor’s degree in Business or related discipline
- 5+ years of Retail pricing experience with exposure to large SKU volume
- Must have experience in the retail and/or ecommerce industry
- Experience using Microsoft Office (Excel, Word, Powerpoint) and having the ability to create macros, pivot tables and perform vlookups
- Experience or knowledge in using various analytical and statistical tools such as R, Python, SQL, SAS, etc.
- Experience using data management software (Tableau, SQL) a plus
- Highly adaptable and prepared to learn innovative technologies to keep up with a dynamic work environment
- Applicant should be detail oriented and capable of working independently
- Must be able to manage deadlines and multiple work streams in parallel
- Must have excellent written and verbal communication skills
Your Well Being:
- Hybrid work model (Onsite/Offsite)
- Comprehensive benefits: medical, dental, vision, company paid Basic Life/AD&D
- 401k Retirement Plan
- Flexible PTO
- Career Development
- Employee Purchase Program
What We Stand For:
- We act with intensity, urgency and a passion for supporting our customers and growing our business. We strive for excellence.
- We hold ourselves accountable and expect it of each other. We attack problems with a positive “can do” attitude. We do what we say we’ll do.
- We deliver as one team, working together with integrity, respect, trust, transparency, and fun. We are better because we work here.
- We believe our unique diversity and authenticity makes us a better company, allows us to be our best selves and is a competitive advantage.
- We exhibit innate curiosity and creativity to innovate and reimagine how things can be done. We ask, is there a better way?
Purchasing Power is an equal opportunity employer. At Purchasing Power, we make all employment decisions, which include hiring, promoting, transferring, demoting, evaluating, compensating and separating, without regard to sex, sexual orientation, gender identity, race, color, religion, age, national origin, pregnancy, citizenship, disability, service in the uniform services, or any other classification protected by federal, state or local law.
Job Type: Full-time
Pay: $82,312.83 - $164,657.39 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Schedule:
Work Location: Hybrid remote in Atlanta, GA 30363