Pricing Associate Manager
Pricing Associate Manager
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Salary Not Disclosed
1 Vacancy
Job Description
Best Buy has an exciting and challenging opportunity for an Associate Manager- Pricing. The
Associate Manager- Pricing owns the development and execution of pricing strategies for their
high volume/profile assigned categories and influences business stakeholders by providing in-
depth category and channel specific pricing analysis and recommendations across pricing
capabilities. With the evolution of the pricing organization this individual may also be called
upon to lead various special projects.
Key Responsibilities:
Develop and execute Clearance Open Box and Competitive Pricing Strategies to
optimize profit manage at-risk inventory and/or drive Price Perception
Partner with Category Teams to develop promotional strategies that impact business
and enterprise goals
Act as an integration point between Pricing and Merchant teams. Develop strong trust-
infused relationships with these teams by compiling persuasive arguments to help guide
pricing-related decisions
Demonstrate team leadership by contributing to team development through mentorship
sharing of best practices and/or project/capability leadership
Leadership of workstreams/initiatives/committees that impact the broader Pricing and/or
cross-functional teams
Performance Analysis
Conduct detailed category-specific analysis to ensure prices meet category level
goals.
Track pricing performance against financial goals and key performance indicators;
identify risks and opportunities which may impact overall performance
Perform self-driven identification of broad business risks and opportunities
Provide analysis and actionable recommendations across pricing capabilities including
forecasted and actual financial impacts of proposed pricing actions
Communication and Influence
Present insights/recommendations to Category Teams and other cross functional
partners in a clear and concise manner that drives understanding and action
Partner with cross-functional teams (Retail Ops Demand Planning Category Teams
Space Management Secondary Markets Finance etc...) and lead
initiatives to improve financial results ensure alignment of price strategy and seamless
execution of pricing-related priorities.
Team Leadership & Process Improvement
Demonstrate a teachable proficiency and support continuous improvement of current
state processes tools and reporting through collaboration and quality control processes
Engage in enhancement and development discussions around pricing tools including
UAT testing model deployment etc.
Basic Requirements
4 or more years experience performing quantitative/financial analysis pricing or
promotion management or business analysis within a retail consulting or consumer-
oriented industry
Strong communication and interpersonal skills both verbal and written
2 or more years experience influencing others and providing leadership level updates
Preferred Requirements
Demonstrated ability to build strong trust infused relationships
Experience in retail industry in pricing inventory management merchandising and/or
finance
Process improvement and/or project management skills
Best Buy is an equal opportunity employer
Required Experience:
Manager
Employment Type
Full Time
