Analyst (Pricing Analyst)
$25-30 per hour
North York
Hybrid, 4 days a week on site
What You'll Do:
• The incumbent is responsible for maximizing regular sales and margin rate/dollars and accountable to deliver annual margin rate improvements. The incumbent will provide support to, and liaise with, stores, internal departments and regional teams regarding pricing initiatives, issues and opportunities.
• Analyzes and recommends changes to ensure that each product is priced and each store is assigned to zones in accordance to our Pricing Strategy.
• Analyzes and monitors category sales, units and margin rate/dollars to maximize regular sales and margin rate/dollars.
• Analyzes regional Competitive Price Index to ensure indices are in line with SDM Pricing Strategy by changing product retails.
• While conducting all activities, be able to identify and proactively act upon any regular sales and margin rate/dollars opportunities and challenges.
• Analysis and recommends the price zone assignment to be implemented in new capital stores and coordinates with all parties.
• Analyzes weekly Flyer items and creates Corporate Brand Shielding items to increase Corporate Brands sales and maximize category regular sales and margin dollars. Coordinates skus with Inventory Management to ensure high service level.
• Investigates and addresses inquiries on pricing from stores and/or customers and make necessary adjustments.
• Creates Category Retail Reviews (a comprehensive review of all skus by zone including relationships between brands, sizes, competitors, etc.) resulting in retail change recommendations to maximize category regular sales and margin rate/dollars.
• Reviews, recommends and maintains the relevancy of Key Value Indicator skus.
• Liaise with relevant stakeholders (e.g., Category Managers, Regional Directors, District Managers, etc.) to resolve pricing issues and drive forward various pricing initiatives
• Prepares ad hoc analysis for management requests.
• Recommends and executes price changes based upon observations of competitive retails observed while on periodic store audits.
• Supports Merchandising Promotions team in the resolution of pricing related issues in promotional events.
What You'll Need:
• This position requires a demonstrated level of analysis capability, initiation and judgment in order to organize and prioritize tasks, workload and projects. Courtesy, tact and diplomacy are required in dealing with colleagues in every day working relationships.
• Excellent organization, written and verbal communication skills
• Advanced MS Office skills ( Excel, Word, Access)
• Experience writing SQL queries and using Power Query (or similar platform) to join data from multiple sources
• Financial analysis skills
• Strong analytical ability, problem solving and attention to detail
• Store experience is considered an asset
• Professional manner, tact, diplomacy and discretion in dealing with associates and colleagues including senior management.
• Understanding of pricing strategies
• Post-secondary education equivalent to a university degree in business, finance, economics or a related field
• Minimum 2 years of business analysis or equivalent experience
Analyst (Pricing Analyst) • NORTH YORK, ON