Manager, Pricing

5 days ago

Toronto, Ontario, Canada Sephora Full time

Job Type: Full Time
Function: Inventory Management
Address: 160 Bloor Street East, 11th Floor, Toronto, ON
Working Model: Hybrid

At Sephora Canada, we're passionate about finding and sharing beauty in the world. Our constant innovation, our ability to see and lead trends, and our focus on providing an outstanding customer experience make us the most-loved beauty community and top of mind for every Canadian. We find beauty in our communities, in our differences, our experiences, and in the spirit of our employees.

ABOUT THE ROLE:

Join Sephora as the Manager of Pricing and Margin where you will lead pricing analysis, tracking, and management You will play a role in analyzing data and forecasting margin to provide hindsight and recommendations to our North American, Planning, Merchandising, and Finance teams. If you're curious and seek to make an impact, our Inventory Planning team is your opportunity to shine

WHAT YOU'LL DO:

Pricing Parity Management

  • Lead annual Pricing Parity project including collaborating with Merchandising strategy to review and update SKUs and collect pricing data for Margin and IA Manager to be used in Pricing Parity analysis
  • Ensure all SKUs are set-up as per FX direction from Leadership while performing regular audits and partnering with the appropriate team for updates/corrections; build and maintain Brand IMU and Brand MSRP trackers
  • Track and analyze competitor pricing and consumer behaviour to understand the pricing impact to Market Share in collaboration with the Finance team
  • Partner closely with IT to gain their support for any roadblocks and implementation of new systems related to pricing

Margin Analysis

  • Acquire and maintain a detailed understanding of strategies, business issues, risks, and opportunities to present consolidated data in a clear and concise manner
  • Analyze and interpret data sets to explain and identify risks and opportunities for margin improvement including margin analysis for budgets, forecasts (R1, R2), and other required reports
  • Collaborate with inventory planning teams to provide insights on margin and its impact on the business while reviewing current processes and adapting the planning tools

Internal Tools and Reporting

  • Develop internal tools as needed to ensure execution for one-time update and regular audits
  • Build, publish, and maintain reporting dashboards summarizing Parity execution/audit updates, weekly sales reports, etc. to ensure it's up-to-date
  • Record brand and SKU pricing (Brand Cost and Retail, Parity, IMU%) ensuring timely and accurate information

WHAT YOU'LL BRING:

  • You have 5+ years of retail pricing/planning experience; post-secondary education is preferred
  • Great at expressing yourself clearly and creatively, both verbally and in writing with an ability to compile detailed statistical reports
  • You are driven by curiosity and mastered strategic agility while maintaining Sephora's vision and purpose
  • You are technically savvy and an Excel guru
  • You love solving problems and using your analytical skills to find solutions
  • You excel in a fast-paced environment and enjoy working collaboratively with cross-functional teams

#FSCHIRING

WHY YOU'LL LOVE WORKING HERE:

  • You'll be part of a unique culture and family of passionate and inspiring individuals.
  • You'll work alongside the best talent in the industry - people you'll be proud to work with.
  • You'll have access to the global community of luxury group LVMH (Louis Vuitton Moët Hennessy) for endless career opportunities.
  • You'll have the opportunity to support causes through our Gift of Giving Program (matched donations through Benevity), donations of funds for volunteer time and offering and much more.
  • Benefits you can mix and match, depending on your needs.
  • Employee Assistance Program services for those times you need extra support.
  • Access to our Well- program to support your mental, financial, physical, and social well-being
  • Holidays, time off, Summer Friday hours and flexibility to support work-life balance.
  • And of course, there's our incredible swag - free product gifts throughout the year and tons of discounts with our brand partners.

Sephora Canada strongly believes in equal opportunity when it comes to employment and advancement. Our goal is to be inclusive, diverse, and representative of the communities where we work while creating an environment where every person can belong, grow, and build a beautiful career. This commitment applies to all candidates and employees regardless of race, ethnicity, citizenship, creed, place of origin, religion, sex, gender identity, gender expression, sexual orientation, family status, marital status, disability, age, and/or any other diversity dimensions. Requests for accommodation due to a disability (visible or otherwise), other protected characteristics or other reasonable circumstances can be made at any stage of the recruitment process and during employment by contacting our People team.

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