Services Pricing Sr Analyst

Lowe's Companies, Inc.•Mooresville, NC

22h•Onsite

About The Position

This position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up – we invest in you so you can find your inspiration. Your Impact The primary purpose of the Senior Analyst - Services Pricing is to lead efforts for collecting, analyzing and grouping installed labor pricing to ensure pricing is competitive and aligns with the Lowe's Services strategy. This includes responsibility for analyzing the potential impact of price changes and driving recommendations on what changes should be made. This role is critical to Lowe's to maintain a strong competitive edge in installation services while ensuring a positive customer experience and protecting profit margins.

Requirements

Bachelor’s degree or equivalent years of experience in lieu of education requirement, if applicable
3 Years of Experience in a financial or quantitative analysis position in which analytical skills were regularly used to interpret financial information and draw conclusions, provide financial insight into business issues, provide actionable recommendations and present complex financial information to senior management
2 Years of Experience in retail operations

Responsibilities

Researches, analyzes, develops, and recommends pricing strategies based on both geographical and different market conditions of the stores and historical and forward looking consumer and market data to ensure Lowe's can attract and retain the labor they need, as well as maintain the profitability model and drive sales
Defines new pricing constructs and methodology to enable selling of new types of projects and/or improve provider/customer experiences
Acts as the primary owner of labor cost reviews and field pricing requests to include research, analysis and resolution
Analyzes and approves recommendations on field requests for labor price changes
Gains consensus among different stakeholders in order to implements new price strategies
Improves processes in which pricing information is gathered, synthesized, analyzed and implemented
Gathers external and field-based intelligence to set benchmarks for market conditions and set up the labor rate
Creates and utilizes multiple databases to conduct data modeling in order to provide data driven pricing recommendations
Develops Pricing Reporting; tracks financial impact of price changes and share findings
Executes pricing changes through the labor price management system and effectively communicates pricing changes to the field