Profit Management and Pricing Analyst
Profit Management and Pricing Analyst
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Job Description
About the Role:
We are seeking a strategic and resultsdriven Analyst for our Profit Management and Pricing team for Wayfair UK and Ireland. This role is pivotal in ensuring the longterm profitability of our business in the region by developing and executing effective pricing and investment strategies. Based in our London office you will work on a fivemember team collaborating with crossfunctional teams to drive optimal financial performance.
What Youll Do:
As a Pricing and Profitability Analyst at Wayfair you will collaborate with crossfunctional teams to shape strategies that deliver value to our customers and strengthen supplier partnerships. Your responsibilities will involve diving into data identifying key trends and using your insights to support decisionmaking across various areas of the business. Specific duties include:
- Profit Margin Optimization:
- Develop and implement pricing strategies to achieve optimal longterm profit margins for the UK and Ireland markets.
- Utilize levers such as margin setting promotional pricing and investment strategies to balance customer acquisition and profitability.
- Drive branded pricing initiatives to align with supplier and market dynamics.
- Pricing and Promotions Exection
- Update prices on site as our margin strategies evolve cost models change or in support of promotions.
- Simulate expected price changes and QA actuals to ensure accuracy.
- Strategic Planning and Forecasting:
- Partner with the Finance team to lead profitability planning and forecasting efforts ensuring alignment with business objectives.
- Contribute to scenario modeling and sensitivity analyses to guide strategic decisionmaking.
- Business Performance Monitoring and Problem Solving:
- Tackle ambiguous challenges by leveraging your analytical skills to generate actionable solutions that deliver measurable improvements in profitability customer satisfaction and operational efficiency.
- Work with large datasets to identify trends perform analyses and develop reports to drive business decisions across different Commercial functions.
- Use advanced analytical tools and techniques (Excel SQL R Python) to build datadriven insights and recommend improvements.
- Collaborate with the Business Trends team to monitor and evaluate overall business performance identifying risks and opportunities.
- Develop actionable insights from pricing performance metrics to drive continuous improvement.
- CrossFunctional Collaboration:
- Work closely with Finance Marketing and Supplier Partnerships teams to align pricing strategies with broader business goals.
- Partner with engineering and analytics teams to enhance pricing tools and systems for improved efficiency and accuracy.
What Were Looking For
- Educational Background:
- Bachelors or Masters degree in a relevant discipline (eg. business analytics statistics economics)
- Exceptional Analytical and Quantitative Skills:
- Excited about working with and synthesizing big data into actionable insights; comfortable using data software to conduct analyses and synthesize findings
- Technical Skills:
- Proficiency in data analysis tools (e.g. SQL Google BigQuery Excel) and motivated to learn and develop further. Experience with pricing or financial modeling tools is desirable.
- Strong business acumen:
- Ability to understand how various parts of the business interact; can identify and approach problems from a customer or supplier perspective
- Exceptional problemsolving and skills
- Ability to make decisions reprioritize tasks and draw conclusions in the face of ambiguity
- Stakeholder Management:
- Excellent communication and interpersonal skills with ability to work across diverse teams and levels of an organization.
About Wayfair Inc.
Wayfair is one of the worlds largest online destinations for the home. Whether you work in our global headquarters in Boston or in our warehouses or offices throughout the world were reinventing the way people shop for their homes. Through our commitment to industryleading technology and creative problemsolving we are confident that Wayfair will be home to the most rewarding work of your career. If youre looking for rapid growth constant learning and dynamic challenges then youll find that amazing career opportunities are knocking.
No matter who you are Wayfair is a place you can call home. Were a community of innovators risktakers and trailblazers who celebrate our differences and know that our unique perspectives make us stronger smarter and wellpositioned for success. We value and rely on the collective voices of our employees customers community and suppliers to help guide us as we build a better Wayfair and world for all. Every voice every perspective matters. Thats why were proud to be an equal opportunity employer. We do not discriminate on the basis of race color ethnicity ancestry religion sex national origin sexual orientation age citizenship status marital status disability gender identity gender expression veteran status genetic information or any other legally protected characteristic.
Your personal data is processed in accordance with our Candidate Privacy Notice If you have any questions or wish to exercise your rights under applicable privacy and data protection laws please contact us at.
Required Experience:
IC
Employment Type
Full Time
