Director of Pricing and Report
Job Description
Company Description
Monro’s family of brands is one of the leading automotive service and tire dealers in the United States. We work on approximately five million vehicles a year, but with us, it is personal. Every guest is important, and every teammate is valued. That is our people-first approach.
Headquartered in our hometown of Rochester, New York, where our founder, Chuck August, opened his first store in 1957, we have grown to over 1,100 auto repair shops and tire dealers in 32 states from coast to coast. Monro powers 16 highly respected tire and auto service brands, supporting each company’s regional strength and community connections. From big cities to small towns to rural crossroads, you will find us in neighborhoods of every shape, size, and color.
Under the Monro banner, we are united TEAM and share the same mission to bring our guests the highest quality tire and auto service in the industry.
Do you have what it takes to shape a better future for yourself and the automotive service industry? Our vision is to be America’s leading auto and tire centers, trusted by consumers as the best place in our neighborhoods for quality automotive maintenance and repairs. We’re looking for motivated individuals at every stage in their career who share our vision..
Destination Monro -Your Career is Here!
Job Description
The Pricing and Reporting Director will lead the development of our pricing strategy and analysis in support of merchandising, marketing and operations teams to achieve our overall business goal of profitable growth. The Pricing and Reporting Director is responsible for leading a Team to analyze industry and consumer trends, developing long-term strategies for pricing and analytics. Responsible for ensuring consistent review and analysis of leading indicators for consumer and industry trends, the Director will maximize consumer appeal through pricing, promotion, and product range management. This position reports directly to the Sr. Director, Supply Chain and Category Management.
Compensation: The salary range for this role is $130,000 - $145,000 annually. This role is eligible for additional compensation and incentives. Pay will be determined based on experience level.
Essential Functions:
- Develop and implement short and long-term pricing strategies to meet business goals and department-specific KPIs.
- Conduct pricing analyses to inform, develop and implement pricing strategy for our products.
- Create models to assess price elasticity and identify opportunities to optimize pricing to increase profitability.
- Own the process of developing pricing programs, supporting such proposals with internal and external analytics, and ensure effective implementation working with cross-functional teams.
- Work with IT and data analytics team to develop and maintain market analysis to assess pricing strategy against industry data to identify market opportunity.
- Analyze data or insights to determine industry and consumer trends
- Extensive experience in understanding consumer needs; determine how we can better effect pricing strategies to improve across all categories
- Ability to work in a retail environment and identify opportunities and solutions.
- Devise long-term development strategies for all product categories
- Foster trust relationships with vendors to achieve better pricing and quality of services
- Determine the positioning of a product category to maximize visibility to increase sales and GMROI.
- Liaise with marketing teams to determine competitive promotional activities of a product category.
- Collaborate with other departments such as sales, legal, Inventory and senior management.
- Responsible for reporting results and updates to Senior Management on a regular basis, comparing costs, impact, and service level improvements.
- Make forecasts for product demand to ensure the sustainability of inventory
- Perform other duties as assigned
Qualifications
- Bachelor’s degree
- 7 or more years providing pricing strategy and analysis in a retail environment
- Demonstrated success in designing and implementing pricing strategies and quantitative tools across diverse markets and product lines in a retail environment
- Experience in pricing organization design and process, including developing KPIs
- Highly skilled at establishing and maintaining data analytics systems and other pricing tools
- Proven experience as pricing Director/Leader, or similar role
- Strong understanding of financial statements, including knowledge of P&L drivers and cost structures
- Highly skilled at working with cross-functional, complex project management
- Excellent team management skills, both in-person and remote managing onsite and remote
- Experience presenting to executive teams
- Strong organizational skills with the ability to manage multiple initiatives and change focus quickly to meet business needs in a fast-paced environment.
Work Environment & Physical Requirements:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, scanners and fax machines. Position requires prolonged periods of sitting/standing at a desk and working on a computer.
Closing Statement:
This brief summary is not an all-inclusive description of job duties. Other job duties and responsibilities may also be assigned by the incumbent’s Manager at any time based upon Company need.
Additional Information
Benefits
- Health Insurance
- Dental Insurance
- 401K Retirement Plan with Company Match
- Paid vacation
- Paid Holidays
Your next Destination!
Growth Opportunity:
At Monro we’re committed to helping our teammates grow their career through the combination of coursework, demonstrating leadership skills and open opportunities. Our teammates receive on-the-job training, company sponsored certifications, as well as course curriculum in Monro University that empowers them to advance to the next level of their careers.
Monro, Inc. is an equal opportunity employer and affords equal opportunity to all applicants for all positions without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Company Information
Location: Rochester, New York, United States
Type: Hybrid