Director, Pricing

who we are

lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.

about this team

The Strategy team is a trusted partner in the development of long- and short-range global pricing strategies, working closely with many key cross functional partners, including merchandising, planning, finance, retail, and brand to assess and implement market, category and SKU level pricing opportunities globally.

a day in the life: what you'll do

• Develop global long term pricing strategy
• Lead and develop team members, including 3 pricing Sr Analysts
• Build sensitivity models of different scenarios and synthesize results with powerful communication to enable senior leaders to make strategic business decisions
• Develop fact-base including conducting primary quantitative consumer research, systematic competitive benchmarking, and financial transaction-level data analytics.
• Perform quantitative analytics on financial results to measure key business drivers and summarize high level themes for executive level updates
• Manage a team of trusted vendors to leverage for consumer and financial analytics
• Partner with cross-functional partners across retail, product, buying and brand teams to develop comprehensive business strategies and implementation plans
• Inform on market, category and SKU level pricing opportunities globally
• Advise on implementation through project management support
• Advise on financial impacts of pricing changes to FP&A forecasts and results

qualifications

• Undergraduate degree required, degree in Finance or Economics preferred. Preference for master's level candidates.
• 10-12 years experience in Pricing Consulting or Strategy Consulting (with meaningful pricing experience) with top tier firm or in-house with global consumer company.
• Highly experienced working in PowerPoint, Excel, Alteryx, or other data-analysis software including pricing data analysis software.
• 2-3 years experience managing a team.

must haves

• Experience presenting Senior Leadership, C Suite executives,
• Acknowledge the presence of choice in every moment and take personal responsibility for your life.
• Possess an entrepreneurial spirit and continuously innovate to achieve great results.
• Communicate with honesty and kindness and create the space for others to do the same.
• Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
• Foster connection by putting people first and building trusting relationships.
• Integrate fun and joy as a way of being and working, aka doesn't take yourself too seriously.

additional notes

Authorization to work in Canada is required for this role.

compensation and benefits package

lululemon's compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and team performance. The typical hiring range for this position is from $157,400-$206,600 annually; the base pay offered is based on market location and may vary depending on job-related knowledge, skills, experience, and internal equity. As part of our total rewards offering, permanent employees in this position may be eligible for our competitive annual bonus program and, subject to program eligibility requirements.

At lululemon, investing in our people is a top priority. We believe that when life works, work works. We strive to be the place where inclusive leaders come to develop and enable all to be well. Recognizing our teams for their performance and dedication, other components of our total rewards offerings include support of career development, wellbeing, and personal growth:

• Extended health and dental benefits, and mental health plans
• Paid time off
• Savings and retirement plan matching
• Generous employee discount
• Fitness & yoga classes
• Parenthood top-up
• Extensive catalog of development course offerings
• People networks, mentorship programs, and leadership series (to name a few)

Note: The incentive programs, benefits, and perks have certain eligibility requirements. The Company reserves the right to alter these incentive programs, benefits, and perks in whole or in part at any time without advance notice.

workplace arrangement

Hybrid

In-person collaboration and connection is important to our culture. Work is performed onsite, minimum 4 days per week.