What are the responsibilities and job description for the Pricing Analysis Manager position at Independent Purchasing Cooperative?
Overview
The Manager of Pricing Strategy & Analyticssupports the Head of Pricing Analyticsin delivering breakthrough strategies and operating models that enable the organization to deliver its goal of improving pricing efficiency, forecast accuracy, revenue optimization via pricing initiatives, and proper pricing flows/validation across all restaurants in the Americas. This role acts as a thought partner to our business leaders and helps execute against IPC’s short and long-term organizational goals through strategic and operational initiatives.
Essential Duties & Responsibilities
The essential duties and responsibilities, knowledge, skills, and abilities listed below are required to be successful in this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties and responsibilities.
- Manage the end-to-end pricing process for all product categories in North America while supporting expansion initiatives to other regions not currently supported
- Lead team of pricing analysts by region to ensure effective execution of pricing strategies throughout the Strategic Sourcing and Supply Chain organizations
- Foster a culture of continuous improvement and innovation within the pricing team by collaborating with the Technology and Supply Chain Transformation Departments
- Oversee, audit, and validate pricing flows of cost components throughout the entire supply chain (from manufacturers costs to restaurant landed costs)
- Establish relationships with vendors across the Sourcing, Logistics, and Distribution network to ensure effective adhesion of pricing strategies throughout the value chain
- Collaborate with the Head of Pricing to launch and implement the Pricing Control Tower for all IPC regions and managed categories via a centralized pricing solution
- Develop and maintain pricing models and analytics to support strategic decision making while identifying areas of opportunity for the business
- Integrate IPC revenue budgets into pricing models in collaboration with the Manager of Financial Reporting within the Finance enterprise to ensure adherence to budgets
- Collaborate with the Finance Department to manage/oversee pricing accruals
- Provide insights and recommendations to senior leadership on pricing strategies and business dynamics/developments that may impact IPC’s financial performance
- Support the development and execution of procurement strategic initiatives and transformation projects to drive restaurant profitability and menu price predictability
- Collaborate with the Head of Business Intelligence to ensure proper flow of delivered case costs into all food cost reporting analytics (i.e., sandwich cost report)
- Champion new processes and support special projects to continuously improve, automate, and scale reporting tools, processes, and methodologies
- Ensure compliance with company policies and pricing mandate as set forth by IPC leadership and board members
- Develop framework and conduct ad-hoc analysis to drive data-driven decisions
- Perform all other job functions in support of business needs as assigned
- All duties as reasonably assigned
Knowledge, Skills, & Abilities
- Ability to be solutions oriented, proactive, results driven and a self-starter that can work with little supervision
- Strong knowledge and understanding of business needs, with the ability to establish and maintain a high level of trust and confidence
- Ability to analyze large data sets, identify trends, and communicate results to a variety of audiences
- Proven success as an effective communicator throughout the organization and across multi-level personnel both internally and externally
- High performer with the ability to manage multiple concurrent projects and drive initiatives in a cross-functional environment
- Comfortable working in a fast-paced environment with the ability to shift gears quickly
- Detail oriented with the ability to accurately multi-task to meet deadlines
- Proficient analytical, planning, and problem-solving skills and be able to translate data into meaningful insights that drive actionable results
- Excellent interpersonal skills, including strong verbal and written communication skills
- Highly organized with good time management skills
- Maintain professional internal and external relationships that meet Company values
- Ability to work independently or effectively in a team
Compentencies
- Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives while gaining trust and support of others
- Action Oriented: Takes on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm while maintaining humble professionalism
- Plans and Aligns: Plans and prioritizes work to meet commitments aligned with organizational goals
- Ensures Accountability: Holds self and others accountable to meet commitments, acts with a clear sense of ownership, takes personal responsibility for decisions, actions and failures
- Decision Quality: Makes good and timely decisions that keep the organization moving forward
- Resourceful: Secures and deploys resources effectively and efficiently
- Communicates Effectively: Develops and delivers a clear message in a variety of communication settings, attentively listens to others and adjusts their own style
- Customer Focus: Building strong franchisee experience through customer and vendor relationships that delivers franchisee-centric solutions
- Tech Savvy: Anticipates and adopts innovations in business-building digital and technology applications
- Self-Development: Actively seeking new ways to grow and be challenged using both formal and informal development channels
Qualifications & Experience
- Bachelor’s degree in Business Administration, Analytics, Data Science, Mathematics, Economics, or related field is required.
- Minimum five plus (5 ) years of experience in strategy and/or project management required.
- Advanced knowledge of Microsoft Excel and PowerBI, experience with SQL, table design, data aggregation, data validation, etc.
Leadership Responsibility
Yes
Travel
Local domestic travel and international travel may be required up to 20%.
Work Conditions
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. While performing the duties of this job, the employee is regularly sitting for long periods of time. Compliant with the ADA, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
This is a full-time position. Standard office hours of Monday through Friday, 8:30 AM to 5:00 PM EST. This position may require additional work hours outside these work hours, including weekends to complete job requirements.
The above job description is meant to describe the general nature and level of work being performed; it is not intended to be an exhaustive list of all responsibilities, duties, and skills required for the position. Team Members may be required to perform other duties as requested by their leader(s) in compliance with Federal and State laws.
