Pricing Strategy Analyst

About Backstage

Backstage is a leading company in the retail industry, dedicated to delivering exceptional shopping experiences and amazing food to our customers. Our mission is to nurture the things that make life better – great experiences, families, communities, and our employees. We are a family nurturing families.

Job Summary

We are seeking a highly skilled Pricing Strategy Analyst to join our team. As a Pricing Strategy Analyst, you will be responsible for both pricing analysis and execution to support the overall strategy of our assigned category.

Key Responsibilities

• Maintenance of regular retail pricing strategy for assigned merchandise category – including listing of latest items, executing pricing changes and all activities related to ensuring stores can sell items to customers
• Collection, validation, and analysis of competitive retail prices to ensure Pricing and Category Management teams have the data required to make educated pricing decisions
• Qualitative and Quantitative analysis aimed at improving financial results, processes, and overall health of the business
• Maintenance of and review of all costing and retail documentation to ensure integrity
• Tracking pricing across assigned categories and where required, recommending new retail prices to maintain margins or achieve index targets
• Analysis of business intelligence or governance reports (SAP, BW, Nielsen, to identify opportunities to improve regular retail pricing
• Run price optimization scenarios and offer suggestions to category management to maximize sales and profitability
• Support stores by resolving pricing issues which impact stores, customers, and partners
• Investigate pricing or audit issues which negatively impact margins and implement solutions to correct them
• Collaborate on all pricing related initiatives with Category managers
• Represent pricing in cross-functional projects with the aim of improving pricing processes and execution

Requirements

• An Undergraduate Degree and a minimum of 2 years of relevant experience or a DEC and a minimum of 4 years relevant experience
• SAP experience or analytical aptitude to mainframe systems is preferred
• Quantitative Analysis in Excel (Pivot Tables, Sorting, Filtering, Lookups

What We Offer

• A comprehensive Total Rewards package, which varies by role and designed to help our teammates to live better – physically, financially and emotionally
• Competitive Benefits Package, tailored to meet your needs, including health and dental coverage, life, short- and long-term disability insurance
• Access to Virtual Health Care Platform and Employee and Family Assistance Program
• A Retirement and Savings Plan that provides you with the opportunity to build and add value to your savings
• A 10% in-store discount at our participating banners and access to a wide range of other discount programs, making your purchases more affordable
• Learning and Development Resources to fuel your professional growth
• Parental leave top-up
• Paid Vacation and Days-off