Pricing Analyst

Position Purpose:

The Pricing Analyst at SRS Heritage Group plays a pivotal role in enhancing company profitability by optimizing pricing strategies and margin realization for business customers. Utilizing advanced Excel and office automation skills, the candidate will perform robust sales and item analysis, maintain and update the ERP database, and collaborate with regional and branch managers to address diverse pricing challenges. The position requires exceptional analytical abilities, strong interpersonal skills, and an innovative approach to streamline processes, ensuring effective communication across all management levels and contributing to the organization's growth and success in a remote work environment.

Key Responsibilities:

• Utilize advanced Excel skills to conduct comprehensive sales and item analysis, driving price and margin optimization while ensuring accuracy and competitiveness in pricing strategies.

• Maintain and update the ERP database to support efficient pricing and costing functions, leveraging office automation skills to enhance data integrity and streamline processes.

• Collaborate closely with regional and branch managers to address and resolve pricing challenges, fostering strong relationships and facilitating informed decision-making for optimal pricing solutions.

• Communicate effectively with all levels of management to implement daily pricing changes, including conducting quarterly reviews and implementing price adjustments throughout the year, ensuring alignment with strategic business goals.

• Partner with Regional Vice Presidents and Sales Managers to gather and analyze business intelligence, enabling data-driven regional price recommendations for both commodities and large-ticket items to enhance market responsiveness and competitive edge.

• Champion the development and streamlining of daily processes through innovative automation solutions, sharing best practices and efficiencies with team members to foster a culture of continuous improvement.

• Maintain a high level of availability and responsiveness, demonstrating resourcefulness in resolving pricing-related inquiries and issues promptly to support dynamic business needs and objectives.

• Advocate for the integration of veteran skills within the team, leveraging diverse experiences in leadership, teamwork, and integrity to enrich the organizational culture and drive collective success.

Direct Manager Direct Reports:

• Direct Manager: The Pricing Analyst for the SRS Heritage Group will report directly to the Pricing Director. This position is characterized by a collaborative working environment with regional and branch managers to address and resolve pricing issues within assigned regions.

• Direct Reports: The Pricing Analyst role does not include direct managerial responsibilities over personnel. However, it involves significant cross-functional collaboration, necessitating strong communication skills to effectively interact with various levels of management.

Travel Requirements:

• The Pricing Analyst at SRS Heritage Group is required to undertake periodic travel to coordinate with regional and branch managers, ensuring alignment on pricing strategies and optimization goals.

Physical Requirements:

• The role of a Pricing Analyst at SRS Heritage Group primarily involves standard office-based activities, which require the ability to efficiently utilize a computer and various office equipment. While the position is remotely based, it includes duties that may require prolonged periods of sitting, substantial manual dexterity to operate a keyboard and mouse, and the visual capacity to read complex spreadsheets and documents. Occasionally, the role may also necessitate verbal communication with colleagues via phone or video conferencing platforms.

• To facilitate a productive and inclusive work environment, SRS Heritage Group is committed to providing reasonable accommodations for qualified individuals with disabilities. This ensures equal access to the essential functions of the position, thereby allowing all employees to contribute meaningfully to our business objectives. Accommodations may include, but are not limited to, ergonomic workstations, adaptive software, or modified communication methods.

• We encourage candidates with diverse abilities to apply and discuss potential accommodations during the interview process, underscoring our dedication to fostering a supportive workplace aligned with ADA standards.

Working Conditions:

The Pricing Analyst role at SRS Heritage Group is primarily remote, offering flexibility and autonomy in managing work tasks while maintaining a strong virtual connection with colleagues and management. The role is characterized by a fast-paced, deadline-driven environment, requiring efficient time management and the ability to adapt to the dynamic needs of the business. The incumbent will be expected to collaborate seamlessly across multiple departments, engaging regularly with regional and branch managers to address pricing challenges and implement strategic solutions. This position requires a high degree of responsiveness and a proactive approach to communication, ensuring that pricing strategies align with the company's objectives and market demands.

Minimum Qualifications:

• Bachelor’s degree in Business, Finance, Economics, or a related field preferred; equivalent work experience considered.

• Minimum of 1 year of experience in pricing analytics, office automation, or a related role.

• Demonstrated experience in conducting sales and item analysis for price and margin optimization.

• Proficient in Excel with advanced capabilities, including:

• VLOOKUPs and other lookup functions.

• Multi-sheet management.

• Expertise in creating and utilizing Pivot Tables.

• Ability to develop and implement macros.

• Experience with ERP systems and database management.

• Strong office automation skills with the capability to streamline processes.

• Demonstrated ability to effectively manage regional pricing differences.

• Strong collaborative skills to work with regional vice presidents and sales managers for business intelligence gathering.

• Proven track record of clear and effective communication with all levels of management.

• Capability to think outside of the box to develop and share innovative solutions.

• Proactive approach to continuous learning and mastery of new skills.

• Availability, responsiveness, and resourcefulness in a fast-paced, dynamic environment.

Preferred Qualifications:

• Advanced Analytical Proficiency: Demonstrated mastery in quantitative analysis and the ability to employ statistical tools for comprehensive pricing assessments. Familiarity with data visualization platforms, such as Tableau or Power BI, to effectively communicate analytical findings.

• Strategic Pricing Experience: Proven track record in strategic pricing initiatives, encompassing dynamic pricing strategies and demand forecasting. Experience in competitive analysis and market trend evaluation to drive informed pricing decisions.

• Two years of experience selling/pricing Tile, Hardscape, and Pool Finishes: We are scaling the support of our national product lines, and the pricing analyst has the opportunity shape this effort.

• ERP System Expertise: In-depth knowledge and operational experience with Enterprise Resource Planning (ERP) systems, particularly in managing and updating pricing and costing data to enhance decision-making processes.

• Leadership and Collaboration Skills: Strong leadership qualities with the capability to influence and collaborate across departments, facilitating cohesive partnerships with cross-functional teams to drive regional pricing strategies in line with organizational objectives.

• Project Management Acumen: Familiarity with project management principles and tools to successfully lead and implement pricing optimization initiatives across diverse teams and geographic regions.

• Financial Acumen: Understanding of financial principles, including profit and loss management, to effectively contribute to the company’s pricing profitability goals.

• Change Management Capabilities: Experience in leading and adapting to transformational change, with a focus on continuous improvement in processes and systems related to pricing functions.

• Innovative Problem-Solving Skills: Ability to apply innovative approaches to troubleshooting and resolving pricing discrepancies, with a focus on automation and efficiency improvements.

• Industry Insight: Knowledge of industry-specific dynamics, particularly in construction supply and landscape distribution, to tailor pricing strategies that align with market needs and expectations.

• Cultural Alignment: Alignment with SRS Heritage Group’s values and culture, characterized by a commitment to professional growth, teamwork, and a customer-focused mindset.

Minimum Education:

• Highschool Diploma or equivalent.

Preferred Education:

• A Bachelor's degree in Finance, Business Administration, Economics, or a related field is preferred, with additional coursework or certifications in data analytics or financial modeling considered advantageous. Substantial relevant work experience may be considered as a suitable alternative.

Certifications:

None Required.

Preferred:

• Professional certification in Pricing (e.g., Certified Pricing Professional) is preferred.

• Relevant financial or analytical certifications (e.g., Certified Management Accountant, CFA) are advantageous.

• Advanced Excel or Microsoft Office certifications are beneficial.

Competencies:

• Analytical Proficiency: Demonstrate strong analytical skills by utilizing advanced Excel functions and analytics tools to conduct comprehensive sales and item analysis, optimizing pricing strategies to enhance profitability.

• Technical Aptitude: Possess a solid understanding of ERP systems and office automation technologies, ensuring the accurate maintenance and updating of databases critical to pricing and costing functions.

• Communication Excellence: Exhibit effective communication capabilities, adeptly coordinating with regional and branch managers, and articulating complex pricing strategies and changes to all levels of management.

• Problem Solving and Innovation: Employ creative thinking to devise solutions for pricing challenges, integrating innovative approaches to streamline daily processes and develop automated solutions.

• Collaborative Teamwork: Engage collaboratively with Regional Vice Presidents and Sales Managers, gathering essential business intelligence to inform regional pricing suggestions, thus contributing to company-wide pricing effectiveness.

• Adaptability and Growth Orientation: Show a willingness to learn and master new skills, demonstrating a commitment to personal and professional development in alignment with organizational goals.

• Organizational Skills: Manage multiple projects simultaneously, ensuring timely and precise execution of pricing adjustments and maintaining an organized approach to dynamic pricing initiatives.

The base salary for this position typically falls within the range of $61,200 to $79,500 annually. Starting wage may vary based on a number of factors including, but not limited to, the position being offered, location, education, training, and/or experience. SRS Distribution offers additional competitive and non-financial benefits. Depending on the role, associates may also be eligible for performance-based bonus programs, commissions, profit-sharing programs, car allowance or automobile and fuel program, and reimbursement for travel expenses in accordance with company travel policy.

      

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As an Equal Employment Opportunity (EEO) employer SRS Distribution Inc., including all its subsidiaries, provides job opportunities to qualified individuals without regard to actual or perceived race, color, creed, religion, national origin, sex, gender, age, disability, gender identity, sexual orientation, citizenship status, uniform service, veteran status, marital status, genetic information, physical or mental disability, or any other characteristic in accordance with applicable federal, state, and local EEO laws.

If you are an individual with a disability or a disabled veteran and require a reasonable accommodation in applying for any posted position, please contact Human Resources at US: 855.556.3221, or by email to: HR@Help.SRSDistribution.com with the nature of your accommodation request and include the Business name, location and title of the job opening. Please allow one (1) business day for a reply.

All employment offers are contingent upon successful completion of a background check and drug screen, as permitted by law.

 

Competitive weekly/bi-weekly pay, discretionary bonuses, 401(k) with company match, Employee Stock Purchase Plan, paid time off (vacation, sick, volunteer, holidays, birthday, floating), medical/dental/vision, flexible spending accounts, company-paid life and short-term disability, plus optional long-term disability, and additional life insurance. All benefits subject to eligibility.

 

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Should a Candidate be submitted to fill a position by a recruiting or staffing services agency (“Agency”), the Company has no obligation to pay the Agency any fee for submission, offer, placement or any service without a fully executed contract of service covering the engagement.