Junior Pricing Analyst
6 months ago
**Junior Pricing Analyst - Toronto, ON**
**(Hybrid)**
**_About Tilray Brands Inc._**
- Tilray Brands is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people's lives for the better - one person at a time - by inspiring and empowering the worldwide community to live their very best life by providing them with products that meet the needs of their mind, body, and soul and invoke a sense of wellbeing. Tilray’s mission is to be the trusted partner for its patients and consumers by providing them with a cultivated experience and health and wellbeing through high-quality, differentiated brands and innovative products. A pioneer in cannabis research, cultivation, and distribution, Tilray’s unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and alcoholic beverages.
- Looking to develop your career at the forefront of a rapidly expanding industry?_
**Job Summary**:
- Tilray is a global leader in the cannabis industry, and we are looking for a talented Jr. Pricing Analyst to join the team. As the Jr. Pricing Analyst, you will be responsible for supporting the Senior Analyst, Category Insights and Pricing through market analysis and providing actionable insights on pricing across 13 regional markets. You will use your expertise and knowledge of the industry to effectively analyze data and provide meaningful insights that will help inform pricing and business decisions. You will also be responsible for identifying new opportunities for business growth and continuous improvement. If you have the knowledge and skills to make an impact in this role, we would love to hear from you
**A Day in a life of.**
- As the Jr. Pricing Insights Analyst you will support the Canadian cannabis business in conducting research and analysis that provide valuable data-driven insights to assist in price changes, innovation pricing, promotional execution, key initiative deployment, department development, and cross-functional alignment. A key part of the role involves pricing data management, tracking and updating pricing changes in the system as they are approved
**Duties & Responsibilities***:
- Prepare regional pricing analysis for primary and secondary markets, and present research to cross-functional teams (marketing, sales) with the goal of aligning on pricing decisions.
- Prepare pricing recommendations (MSRPs) for new product innovations, and calculate customer landed prices, wholesale prices, and revenue net of excise.
- Administration of approved price changes in our ERP software (RootStock) and master spreadsheets.
- Investigating pricing discrepancies to adjust prices to match customer purchase orders.
- Develop post-price-change analysis for past price changes
- Assisting with preparing regional category presentations and analysis from a pricing perspective.
- Work with the BI (Business Intelligence) team on process improvements and dashboards; leverage existing dashboards and data sources when developing analysis and insights.
- Special projects, presentations, and ad hoc analysis.
- Working with the cross-functional team on pricing initiatives.
- Periodic review and analysis of medical pricing.
- Keep pricing files and approvals organized.
**What You’ll Bring to Tilray**
- A desire to use data and insights to drive results.
- A passion to support the organization to drive growth.
- Ability to take initiative and work proactively.
- Ability to meet deadlines and complete analysis in a timely fashion.
**You are**
- Goal-oriented, taking initiative to establish plans and exceed goals.
- Always on time and arrive to work ready to collaborate.
- Analytical, detail oriented, and able to convert data to strategic business insights.
- Able to position yourself as a trusted advisor to your business partners.
- Genuine in your desire to help our consumers, customers, and patients.
- Dedicated, hardworking, organized, and accountable.
- Upbeat, enthusiastic team player willing to support multiple teams’ requests.
**Qualifications**
- The ability to work with a wide variety of individuals within the organization and maintain regular contact with all stakeholders.
- A high degree of self-motivation and discipline.
- Knowledgeable about industry players, brands, and products.
- Understand the fundamentals of economics (supply, demand, elasticity), accounting (COGs, margins, growth, price slope, breakeven).
- Adept at using Microsoft Excel and PowerPoint (intermediate to advanced).
- Computer savvy and data-driven.
- Strong work ethic and a learning mindset.
- Effective time management skills.
- Experience in CPG, at a cannabis LP, or at a cannabis retailer is an asset.
- Experience with PowerBI is an asset.
- Graduated with a post-secondary degree in business administration, data analytics, statistics, accounti
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