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Senior Product Pricing Analyst

Reece Ltd.Addison, TX

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Overview

Schedule
Full-time
Career level
Senior-level
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Who We Are

Working at Reece & Fortiline means being part of a growing global company that brings our purpose and values to life every day. We celebrate our team members living our values and provide opportunities to build a long and remarkable career. We're proud to support essential industries helping bring clean air and water to everyone. To learn more about our purpose and values, visit our career site at https://careers.reece.com/us/

Purpose

The Senior Product Pricing Analyst is accountable for executing the solutions and processes to manage vendor costs and advance Pricing to the PRICING 3.0 vision. The brief is to continue to advance our model and service in the USA managing product costs that optimizes our purchasing decisions for the benefit of the group and a prices for every customer, using the Customized Pricing Model, to ensure we are competitive and remain profitable.

The primary role of the Senior Product Pricing Analyst is to achieve optimum overall acceptance and profitability of Customized Pricing, ensure the appropriate level of pricing competitiveness, establish accurate product costs.

KEY RESPONSIBILITIES

DELIVER FORWARD THINKING LEADERSHIP

  • Lead by example by adapting and continue to deliver world class service

  • In conjunction with your peers, communicate pricing & cost strategies, policies and procedures throughout the organization

  • In conjunction with the Network leaders (RVP, GM, Lead) effectively teach Customized Pricing to the Network

INSPIRE POSITIVE CULTURE CHANGE

  • Lead a culture that fosters the health, safety and wellbeing of all people

  • Foster the Reece culture founded on The Reece Way values across USA

  • Consistently demonstrate The Reece Way values

  • Live the Reece Way values and embrace the 2030 principles for success

KEY CAPABILITIES

Be a forward-looking leader & influencer

  • Lead the solutions in a way that role models our values and our culture of high performance

  • Lead cross business collaboration

  • Positively shape the culture towards innovation and winning

  • Act as a role model of the culture, purpose and values of the business

  • Demonstrate strong self-awareness and humility as an influential team member

Operational Leadership

  • Develop and implement cost & pricing strategies for the company's products

  • Support development of department processes and guidelines,

  • Participates, contributes, and leads department discussions and meetings, as well as inter-departmental meetings

  • Initiates interdepartmental interaction to improve processes and methods

  • Delivers timely results independently and as a project leader

  • Exhibits a balanced approach to solving problems and develops creative solutions to achieving objectives and overcoming issues

  • Effectively presents data and results to drive stakeholder and management consensus

AI-Powered Pricing Solutions

  • Support the design, development, and implementation of AI-powered pricing solutions.

  • Advance and digitize cost & pricing processes to support the Reece 2030 vision.

Experimentation and Optimization

  • Be an active participant within the culture of experimentation and continuous optimization in cost management & pricing.

Cross-functional Collaboration

  • Collaborate closely with Data, Sales, Merchandising teams to understand business requirements and translate them into technical solutions.

  • Partner with the Network and its Leaders to advance Customized Pricing

  • Partner with the Network Leaders to so visible costs best support local strategy.

  • Effectively communication changes in costs & pricing, supporting the transparency & consistency pillars of the Four Pillars model

Lead digitization

  • Support development proposals for the digitization of costs & pricing processes and execute industry world class solutions.

  • Be open to new methodologies that advance automation of foundational processes.

Be a confident and authentic storyteller

  • Actively seek and shares information, encourage collaboration

  • Invest time in being externally curious, explore and share learning that encourage new thinking and ideas

Show critical thinking

  • Demonstrate the ability to balance priorities to support solutions for the 2030 pricing strategy for the USA business

  • Drive innovation & creativity through a relentless focus on the Customer

  • Demonstrate rigor in analytical thinking and agility in decision making

Demonstrate functional & technical expertise

  • Maintain the focus on our purpose and values, as these underpin our culture

  • Significant experience working across multiple geographic and cultural regions.

  • Execute the responsibilities in a lawful and ethical way

  • Track record of delivering the ROI on business cases.

  • Execute category focused approach across the network while building and maintaining local relationships.

Role model high performance and a growth mindset

  • Focus on profitability outcomes that align with delivery of the 2030 strategy and strategic priorities

  • Work hard and consistently set and deliver high standards

  • Role model continuous personal development and learning

  • Take accountability to achieve agreed outcomes for assigned categories.

Key Responsibilities

  • Establish pricing business strategies for optimizing gross profit in the assigned categories
  • Be accountable for executing the solutions and processes to manage vendor costs
  • Create system solutions to manage product costs that optimizes our purchasing decisions while allowing for local Freedom in a Framework
  • Teach branch network the benefits of Customized Pricing for every customer
  • Using the Customized Pricing Model, to ensure we are competitive and remain profitable across the assigned categories by determining the appropriate CMPs, Rate Card discounts and Suggested Specials.
  • Establish vendor relationships at both a national and local level to ensure the accuracy of product costs and quality of information flow
  • Provide analytical insights and advise Category Management of price, cost and purchasing opportunities to improve gross profit.
  • Effectively communicate strategies to branch network, merchandising & purchasing teams.

Minimum Qualifications

  • Bachelor's degree in Business, Statistics, Analytics, Mathematics, or other similar degrees required

  • Minimum of 5 years of cost / pricing, revenue management, operations, sales, or business development experience required

Our commitment to excellent customer service is just part of our story. We're also dedicated to supporting our most valuable asset, our associates! One of the ways we do this is by offering a variety of high-quality benefits for our associates and their families.

All full-time associates are eligible for the following benefits:

  • Medical and Dental Insurance

  • Flexible Spending Accounts and Health Savings Accounts

  • Company-paid Life Insurance

  • Short Term Disability

  • 401(k) Plan

  • Paid Time Off (PTO) - plus paid holidays

  • Parental Leave

Voluntary benefits:

  • Vision

  • Long-term Disability

  • Voluntary Life and AD&D Insurance

  • Additional Voluntary Benefits through Corestream

We're an equal opportunity employer and we welcome diversity and inclusion! Reece USA is an Equal Opportunity Employer- Employer Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, and any other status protected by law.

Automate your job search with Sonara.

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FAQs About Senior Product Pricing Analyst Jobs at Reece Ltd.

What is the work location for this position at Reece Ltd.?
This job at Reece Ltd. is located in Addison, TX, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Reece Ltd.?
Employer has not shared pay details for this role.
What employment applies to this position at Reece Ltd.?
Reece Ltd. lists this role as a Full-time position.
What experience level is required for this role at Reece Ltd.?
Reece Ltd. is looking for a candidate with "Senior-level" experience level.
What is the process to apply for this position at Reece Ltd.?
You can apply for this role at Reece Ltd. either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.