Pricing Analyst

Description

PowerStop stands out as the pioneering force within the automotive aftermarket brake sector. Being part of PowerStop’s team entails becoming a member of a company that is reshaping the industry’s landscape. Join us and become an integral part of a brand that is undergoing remarkable expansion, where you can confidently expect to have the opportunity to contribute significantly to our team’s success. We are continually in search of enthusiastic and achievement-driven individuals who possess the drive and enthusiasm to aid us in achieving our goals. 

We are seeking an experienced and motivated Pricing   Analyst. The Pricing   Analyst plays a critical role in supporting the analysis, development, and implementation of pricing. The ideal candidate combines pricing and financial acumen with a strong analytics skillset. Use pricing knowledge and analytics tools to develop efficient pricing measurements, monitor market pricing, and support ad hoc pricing needs of the business. This position works in a hybrid role with at least two days at our Burr Ridge office- Tuesdays and Wednesdays.

Essential Duties and Key Behaviors

• Leverage SQL, Excel, and Power BI to create efficient pricing tools and repeatable analyses to measure impact on sales and margin. Work with the Finance team to maintain accurate inputs, and work with the Sales team to determine customer and market needs.
• Create financial models to measure the expected and actual financial impact of price adjustments; leverage price elasticity,   competitive data, and profitability metrics to identify and optimize price adjustments.
• Monitor, evaluate, and report on the impact of pricing compared to a standard operating cadence. Translate the results and technical aspects of analysis to the broader business.
• Assist in the various stages of the pricing governance process. Ensure submitted requests are clear and accurate, and that the correct approvals are followed based on the request. Follow up on any open/delayed items in a timely manner.
• Partner with cross-functional teams to monitor market pricing, including competitive pricing changes, supply chain costs   (materials, freight, etc.), promotional activation, and others.
• Follow the weekly and monthly scheduled cadence of price sheet updates and audit their accuracy. Identify and flag anomalies within the data. Ensure the Sales team has the required materials for any sheet updates and customer meetings.
• Develop SQL queries and Power BI dashboards to enhance the accessibility of pricing data to the business.
• Support a database of historical pricing records of both PowerStop and competitors. Verify market pricing and complete comp-shops. 
• Assist in the maintenance of a PowerStop to Competitor part interchange. Analyze market trends, competitor pricing, and customer behavior to inform pricing decisions.
• Measure the impact of promotions on the business.   Manage a log of national promotions, coupons, discounts, and other pricing activities.
• Assist in the development of price sheets for customers and ensure the accuracy of the data.
• Support ad hoc pricing requests. Evaluate pricing opportunities, create price sheets, complete competitive analyses, etc. as requested by the team.
• Other duties as assigned.

Key Behaviors:

• Model PowerStop’s core values and behaviors as outlined in the   Mission StatementSafety First - Do The Right Thing - Win as a Team - Focus on the   Customer - Act with Urgency - Drive Results
• Always follow all company Environmental and Safety policies and procedures.
• Treat everyone with respect and dignity, valuing diverse perspectives and experiences.
• Act with honesty, transparency, and ethical behavior in all dealings and maintain the highest standards of integrity.
• Embrace change and remain flexible in the face of evolving market dynamics and be open to new dynamics and approaches.

Requirements

• 2 years of experience in pricing, analytics with pricing or financial data, or performing quantitative analysis.
• Bachelor’s degree in a business, quantitative, or analytic-focused field is preferred: business, finance, economics, statistics, math, or related field.
• Experience developing pricing solutions for large and complex data sets with the ability to manage the data within analytics and pricing tools.
• Strong experience with SQL, Excel, and data visualization tools (PowerBI preferred). Demonstrated ability to utilize applications within ERP software.
• Strong communication, collaboration, and program leadership skills required, with the ability to prioritize, plan, and manage multiple tasks/demands simultaneously.
• Proven record of using data to solve business problems by developing an analytical approach, identifying necessary data sources, and executing an analysis.
• Proactive, thoughtful, and highly organized self-starter; thrives in ambiguity and solving open-ended problems without a clear right answer.
• Ability to define a problem, collect the related data, establish facts, and draw valid conclusions.

Compensation:

The salary range for this position is $70,000 to $100,000 per year, representing the potential compensation at the time of posting. Placement within this range will depend on various factors, such as education, qualifications, certifications, experience, skills, location, performance, travel requirements, and organizational needs. This range is subject to future adjustments. Additionally, this position qualifies for an annual bonus. Eligible employees will also receive a comprehensive benefits package, which includes paid time off, holiday pay, medical, dental, and vision insurance, life, and disability insurance, and a 401(k).

Equal Opportunity Employer:

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, disability, veteran status, or national origin.

Salary : $70,000 - $100,000