Strategic Pricing Analyst

2 months ago

Winnipeg, Manitoba, Canada The North West Company Full time
About the Role

The North West Company is seeking a highly skilled Strategic Pricing Analyst to join our team. As a Strategic Pricing Analyst, you will play a critical role in providing support for the execution of pricing strategies for our Canadian Banners.

Key Responsibilities
  • Estimate the financial impact of changing a pricing strategy on an item and/or store.
  • Work with 3rd party vendors to provide competitive pricing data.
  • Prepare store retail adjustments and report on the projected/actual financial impact.
  • Review the impact to our retail competitive position by market based on increases or decreases.
  • Review whether our pricing strategies are increasing item level, group level, and store level gross margin, volume, and sales.
  • Prepare basket analyses of items that fall within our pricing strategies, and determine whether we are seeing an increase in basket penetration and/or size.
  • Adhere to strict timelines required by the Strategic Pricing team to enable the preparation of retail changes at store level.
  • Price indexing and margin assessment reports are required on a scheduled and ad hoc basis for both local and out-of-shop competitors.
  • Provide additional information and dynamic adjustment capabilities within reports as needed.
  • Prepare pricing reports to be sent to Procurement & Marketing and Operations as needed.
Requirements
  • Post-secondary degree in Commerce, Finance, and/or Marketing preferred; or a combination of education and related experience is required.
  • 3-5 years of analytical experience (preference to retail).
  • Knowledge of SQL is considered an asset.
  • Expert Proficiency in Microsoft Office with specific emphasis on Excel and Access, with experience in Power Query would be considered an asset.
  • Strong analytical and problem-solving skills.
  • Proven experience in an analytic capacity with a focus on identifying insights and presenting recommendations.
  • Ability to quickly learn new concepts, systems, and industry best practices and apply these learnings to the continued development of the team/support of the business.
  • Strong interpersonal and communication skills, both written and oral.
  • Ability to prioritize and accomplish work independently and within a team to meet deadlines.
  • Exceptional organizational and time management skills.
  • Ability to effectively coach and develop a high-functioning team.
About The North West Company

The North West Company is a leading retailer to under-served rural communities and urban neighborhood markets in the following regions: Northern Canada, Western Canada, rural Alaska, the South Pacific islands, and the Caribbean. Our stores offer a broad range of products and services with an emphasis on food. Our value offer is to be the best local shopping choice for everyday household and local lifestyle needs.

What We Offer
  • A competitive salary.
  • Opportunities to learn, develop, and advance throughout the organization.

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