What are the responsibilities and job description for the Pricing Analyst position at Les Schwab Warehouse Center, LLC Legal Entity?
Job Description: POSITION SUMMARY: Reports to the Supervisor - Tire Pricing Strategy and works closely with the Pricing Operations, Product Strategy, Marketing, and Purchasing teams. In this role you will be analyzing competitor pricing, recommending retail pricing, preparing gross profit and revenue forecasts, and comparing the outcomes of different pricing strategies to increase our business's competitiveness and profitability. To ensure success as a pricing analyst, you should possess sound knowledge of quantitative and qualitative data analysis methods and have experience in a similar role. An accomplished pricing analyst is someone who can translate pricing data into actionable profit-enhancing strategies, with previous experience working with pricing optimization software preferred (such as PROS, Vendavo, Pricefx, etc.). Applicants must be currently authorized to work in the United States on a full-time basis. This position is not eligible for visa sponsorship. PRIMARY RESPONSIBILITIES: Analyzing data from a variety of sources to gain insights into pricing strategies and market trends. Tracking customer engagement to develop effective pricing strategies for products and offerings that increase market share and profitability. Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability. Recommending pricing strategies that align closely with market trends and identifying new market segments. Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes. Collaborating with products and marketing departments on developing and implementing competitive pricing strategies. Developing dynamic pricing tools to effectively respond to changing market needs and trends. Preparing and presenting pricing analysis findings for executives, marketing teams, and sales staff. Keeping informed on pricing analysis methods and industry trends. MINIMUM REQUIREMENTS: Educational/Experience Requirements: A bachelor's degree in business, mathematics, statistics, finance, economics, or in a related field. A master’s degree in business administration would be advantageous. Minimum of 3 years of pricing or financial analysis experience in similar industries. General Knowledge and Abilities: In-depth knowledge of statistical methods and data analysis. Extensive experience in analyzing pricing strategies and forecasting revenue and market share. Experience in collaborating on pricing strategies with sales and marketing departments. Ability to keep abreast of industry trends and develop dynamic pricing tools. Advanced ability to present pricing analysis reports to relevant stakeholders. Excellent analytical and communication skills BENEFITS: Annual profit-sharing bonus Medical, dental, vision, and life insurance Company-funded retirement plan - no cost to employee Paid holidays Paid time off Hybrid arrangements available (work 1-2 days/week from home) Tuition Assistance Employee discount Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions/primary responsibilities. This job description is not all inclusive and is subject to change. Additional duties, responsibilities, and tasks may be assigned, as necessary. Employment remains “AT WILL” at all times. Our founder, Les Schwab, built his business from one store to hundreds of locations across the western states, a massive supply chain hub, and a state-of-the-art headquarters, making Les Schwab one of the largest independent tire businesses in the United States. Les believed in treating customers like family. Although he passed away in 2007, his vision remains at the core of the company’s culture: give people more for their money, reward employees for their expertise and hard work, earn people’s trust, and everyone benefits. Today, the 8,000 employees of Les Schwab Tire Centers are proud to carry on this legacy. Our unparalleled profit-sharing and benefits package is designed to reward you now and into your future. Competitive compensation Profit sharing bonus Retirement plan funded by Les Schwab Company paid training Medical Insurance Dental Insurance Vision Insurance Vacation & holiday pay Life Insurance Short & long-term disability Les Schwab is an equal-opportunity employer. If you need a reasonable accommodation to complete this application, please contact the manager at the location where you are applying.