RaceTrac Company Overview

Job Description:

This role will be responsible for developing strategies that leverage pricing, promotion, and cost to drive overall growth for all retail products. This individual will utilize mathematical and statistical techniques to create predictive revenue models and present complex analytical findings to senior level executives. Will collaborate with cross-functional business partners to evaluate and assess current pricing structure and propose necessary changes and enhancements to improve margins and maximize profitability.

Responsibilities:

• Manages, develops, and coaches the pricing and revenue management team focused on driving profitable growth for all products inside of RaceTrac to ensure business objectives are being met and analysts are developing necessary skill sets.
• Develop operational strategies around predictive analyses for RaceTrac's revenue and price planning including optimizing pricing relationships, modelling the impact of proposed pricing changes, and macroeconomic/industry trends as they relate to price.
• Leads the implementation and training of all revenue management systems, solutions, and processes in order to meet current and future business needs by maintaining up to date pricing strategies and key metrics (competition retail, price elasticity, market basket impact, etc.).
• Continuously reviews process optimization - including determining needs, designing solutions, and implementation incorporating science-based insights to make pricing decisions.
• Owns and manages merchandising relationship for all retail and price planning needs by ensuring alignment on strategic goals, current priorities and future enhancements of the company.
• Coordinates with key stakeholders, vendors, and internal teams to ensure data sources are properly linked, structured, and maintained to support revenue management processes & related systems.

Qualifications:

• Bachelor's degree from an accredited college or university, preferably in statistics, business analysis or strategy development
• 5+ years of pricing and revenue management experience required
• Leadership experience required
• Excellent understanding of retail business operations and system functionality/interaction