Pricing Analyst
About the role
The Pricing Team supports merchandising by enabling strategic decisions leading to greater profitability, while partnering cross-functionally across the business to execute corporate strategy. The pricing team is responsible for strategy creation, planning, and execution for all pricing and competitive functions. The Strategic Pricing Analyst executes pricing strategies that drive profitable share growth for the business and serves as a key member of the Pricing Team, interacting with various members of the merchandising group. This position utilizes both internal and external analysis data to help drive optimal pricing decisions and uses pricing-related tools and processes to optimize pricing. The role also reviews and analyzes historical data to measure results and develop future pricing and gross margin improvements.
Responsibilities
- Provide pricing recommendations based on competitive intelligence and optimization details.
- Investigate quantitative and qualitative impacts of pricing strategies to make recommendations for future events, including review of retail adjustments, weekend sales, grand openings, and holiday promotions.
- Review current pricing strategies and make recommendations to optimize profitability while focusing on delivering value to the customer.
- Work closely with the Pricing Management Team to ensure priorities align with high-level organizational strategies and objectives.
- Ensure price changes are executed in a manner consistent with internal policies and procedures.
- Foster a collaborative partnership with the operations group.
Requirements
- Bachelor’s degree in Economics, Finance, Computer Science, or Business; MBA preferred.
- Minimum 3 years’ related experience; or an acceptable combination of education and experience.
- Retail experience is strongly preferred.
- Demonstrated knowledge of advanced business reporting and the ability to draw sound business conclusions from disparate data.
- Experience with BI/Data Warehousing Tools (MicroStrategy/Cognos or related tool).
- Demonstrated advanced proficiency in Access, Excel, and related Microsoft software applications.
- Proficient in Microsoft Office Suite.
- Strong verbal and written communication skills, analytical and decision-making skills, and ability to work on cross-functional teams.
Benefits
- Competitive pay.
- Sick time plan to support you or your immediate family’s health.
- Vacation accrual plan.
- Opportunities for career growth.
- 15% discount for you and one other family member in your household on all purchases made at Sprouts.
- Flexible schedules.
- Employee Assistance Program (EAP).
- 401(K) Retirement savings plan with a generous company match.
- Company-paid life insurance.
- Contests and appreciation events throughout the year full of prizes, food, and fun.
- Bonus based on company and/or individual performance (eligibility requirements may apply).
- Affordable benefit coverage, including medical, dental, and vision (eligibility requirements may apply).
- Health Savings Account with company match (eligibility requirements may apply).
- Pre-tax Flexible Spending Accounts for healthcare and dependent care (eligibility requirements may apply).
- Company-paid short-term disability coverage.
- Paid parental leave for both mothers and fathers.
- Paid holidays.
- DailyPay: Access to earned wages before payday at no extra cost.