Position Overview
The Pricing and Profitability Senior Analyst, reports to the Manager, Pricing and Profitability and supports the Direct-to-Consumer (D2C) and Business to Business (B2B) business pricing algorithms, analyzing the parameters that influence the pricing algorithm, applying analytical rigor to trade-off decisions, working with stakeholders across the business to drive profitable growth, ensuring SimpleTire is MAP compliant, and providing insights to the Director, Pricing and Profitability, key channel owners and business leaders.
The successful candidate will be motivated by his or her ability to adjust levers to influence the intended outcome and strategy. This candidate will possess strong communication skills and will make recommendations regarding pricing and promotional practices.
Essential job functions:
- Analyzes market, competitive and manufacturer data and makes recommendation regarding pricing parameters/ inputs to the D2C/B2B pricing algorithms
- Writes the decision rules to set price on our marketplace channels
- Support determination of the rules and selected products that will be included in the ‘always on’ promotions
- Drive D2C/B2B elasticity analysis alongside with the analytics team, and measure the effectiveness of pricing strategies
- Supports the setting of channel specific lever values across the D2C/B2B Channels that align with the strategy and drive profitable growth
- Works with stakeholders across the business to execute on profitability initiatives (i.e., defining hero products and ensuring adequate inventory, cost and price)
- Analyzes and reports on the ROI of initiatives, helping channels prioritize these initiatives accordingly
- Accurately produces pricing reports on a routine basis as well as completing frequent ad hoc analyses
- Utilizes competitive pricing to identify pricing gaps and opportunities; perform comparisons to industry/company/benchmarks
- Works cross-functionally with internal customers to provide guidance and alignment on profitability strategies, new products, and promotional activities.
- Maintains MAP prices for SimpleTire, ensuring SimpleTire and its marketplaces are MAP compliant
Other Duties as assigned
Qualifications
Minimum Job Requirements
- Degree in finance, analytics, accounting, or related field is preferred, or relevant equivalent experience
- Minimum 2 years of pricing and/or profitability experience
- Minimum 3 years of financial and/or analytical experience
- Possess an understanding of business, data and analytics and can effectively manipulate and analyze large amounts of data
- Ability to think creatively, highly-driven and self-motivated
- Strong communication skills, leveraging these skills to lead projects made up of cross functional teams that deliver high quality results
- Intermediate level of SQL, Microsoft Excel, and Data Visualization Tools (i.e., PowerBI)
- Detailed understanding of P&Ls and how changes in revenue or expense line items lead to adjustments in profit
- Ability to present complex information in a simplified fashion to facilitate understanding
- High level of interest in the tire industry and/or multi-channel e-commerce
Knowledge, Skills and Abilities Required
- Creative problem-solving skills. A demonstrated track record of making a difference and adding value
- Self-starter and an independent thinker
- Intellectually curious
- Analytical and data driven
- Accountability
- Resourceful
- Results orientated
- Teamwork and collaboration skills
Working Conditions and Physical Effort
- Ability to sit for long periods of time.
- Talking through the computer for many meetings and one-to-one conversations
- Continuous viewing of a computer monitor and data entry.
- Travel as necessary (<10%).
EOE Statement:
SimpleTire is an Equal Employment Opportunity (EEO) employer and does not discriminate on the basis of race, color, national origin, religion, gender, age, veteran status, political affiliation, sexual orientation, marital status or disability (in compliance with the Americans with Disabilities Act*), or any other legally protected status, with respect to employment opportunities.
*ADA Disclosure: Any candidate who feels that they may need an accommodation to complete this application, or any portions of same, based on the impact of a disability should contact SimpleTire's Human Resources Department to discuss your specific needs. Please feel free to contact us at leaveofabsence@dealertire.com or via phone at 833-483-8232.
