Area Director of Pricing

Area Director, Pricing

The Area Director, Pricing is the Area Leader of the local pricing strategy and execution. They manage all aspects of margin for local business within the area, executing effective margin strategies while balancing growth of profitable sales. The role identifies opportunities to increase sales and profit in the Area by providing margin-focused leadership to Priority Routines, consulting with Area Staff, and working with Local Sales leadership. This role is also responsible for managing and developing a team of direct and indirect reports and acts as primary coach for pricing and margin to Area Staff and sales team.

Essential Duties And Responsibilities

• Key member of Area Staff responsible for managing and executing pricing strategy for area, including recommending and adjusting local pricing for area and implementing center-led initiatives.
• Responsible for understanding, analyzing, and communicating impact of all aspects affecting Gross and Net margin, such as COGs, freight rates, PAs, and marketing / merchandising activities, with key area stakeholders.
• Manage weekly commodity and KVI process for the area through collaborative implementation of commodity performance analytics and guidance and lead weekly meetings to adjust pricing.
• Recommend / understand implementation of low limit guardrails as determined by enterprise sales and margin strategy.
• Responsible for managing factors that impact margin such as Investment Spend, Below NET sales, and contract pricing profitability.
• Responsible for executing the Gross Margin routine as outlined in routine RACI for stakeholder accountability to Total Gross Profit (TGP) factors that affect key results.
• Responsible for executing the Net Margin Routine as outlined in routine RACI to ensure stakeholder input and action on factors that affect Net Margin (NTGP) key results.
• Responsible for understanding and providing guidance on balancing the margin impact of promotional pricing to area financials.
• Manage escalated pricing queries from Area Pricing Analyst or other associates.
• Collaborate with sales leadership on TM training for pricing strategy.
• Responsible as Pricing Subject Matter Expert to ensure all area departments are educated on downstream impact of cost and pricing decisions.
• Provide pricing recommendations to support bids and new customer pricing.
• Stakeholder in implementing pricing and system enhancements and processes within area in support of Transformation Office initiatives.
• Identify product and category opportunities for continuous pricing improvement. Perform root cause analysis of margin opportunities and deliver key insights and strategic recommendations to Area Staff.
• Manage, coach, and develop the Area Pricing Analyst.
• Other duties as assigned by manager.

Supervision :

Relationships

Work Environment

Minimum Qualifications

Education

Compensation depends on relevant experience and / or education, specific skills, function, geographic location, and other factors as applicable by law. The expected base rate for this role is between $95,000-$155,000. This role is also eligible for an annual incentive plan bonus.

Benefits for this role include health insurance, pre-tax spending accounts, retirement benefits, paid time off, short-term and long-term disability, employee stock purchase plan, and life insurance.