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Senior Pricing Lead Jobs

Company

Wakefern Food Corp

Address Edison, NJ, United States
Employment type FULL_TIME
Salary
Category Food and Beverage Services,Manufacturing,Retail
Expires 2023-07-19
Posted at 10 months ago
Job Description

The Senior Pricing Lead is responsible for establishing, maintaining and analyzing pricing and promotional reference information, and to make recommendations that will facilitate optimal pricing decisions to be made by the Merchandising & Category Management teams. The role will adapt business process to the needs of the organization as it pertains to pricing and promotions. He/She will ensure pricing and promotion investments are driving sales and profits to the organization. In addition to managing the day-to-day pricing and promotional insights across multiple categories; the Senior Pricing Leadr will provide oversight and workflow of all assignments to a team of 10 Pricing Analysts. This position will also be responsible for the oversight of all technical requirements and enhancements required as part of the pricing tool platform. As a Senior Pricing Lead this position will lead the team and be the subject matter expert with respect to pricing and promo optimization tools, concepts, and its application to the business.


Core Functions:

The core functions of this position include, but are not limited to, the following:

  • Make recommendations that will facilitate optimal pricing decisions to be made by the Merchandising & Category Management teams.
  • Subject matter expert with respect to pricing and promo optimization tools and concepts.
  • Establish, maintain and analyze pricing and promotional reference information.
  • Manage day-to-day pricing and promotional insights across multiple categories.
  • Lead a team of 10 pricing analysts.
  • Participate in interviewing, selecting talent, performance reviews and supervising the teams' day-to-day responsibilities.
  • Optimize pricing and promotion processes to the needs of the organization.
  • Ensure pricing and promotion investments are driving sales and profits.


Knowledge and Skill Requirements:

  • Ability to lead and adapt business process to the growing needs of the organization
  • Ability to rapidly learn new software systems and generate and analyze reports with emphasis on attention to detail.
  • Strong verbal communication skills, with the ability to influence and lead projects.
  • Experience with development of business requirements for system and report development and design a plus
  • Strong statistical aptitude including understanding components of financial analysis and the ability to work accurately with numbers;
  • Demonstrated ability to lead and engage a team.
  • Aptitude of pricing theory concepts including demand modeling, elasticity, a plus, as well as ability to communicate complex concepts to varying audiences.
  • Excellent Excel skills, as well as proficiency in Word, Outlook and PowerPoint.
  • Must have a strong understanding of the relationship between Retail Pricing, Item Costing, Warehouse Markup, Gross Profit Rate, and Gross Profit Dollars.
  • B.S. in Accounting/Finance, Business, Economics, Mathematics or equivalent.
  • Clear ability to communicate effectively with all levels of the organization.
  • Strong written communication and negotiation skills.
  • Exceptional analytical, organizational, and mathematical skills, as well as above average attention to detail and accuracy.
  • 3-5 years’ experience as pricing analyst, and/or equivalent analytical experience required.
  • Must be organized, detail oriented, and able to multi-task.