Company Description
Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength. Explore life at Fortune Brands here
Job Description
This Revenue Growth Management (RGM) Lead Analyst role leads the creation of sales, market, and pricing insights and analyses that drive Moen’s go-to-market strategy with responsibility for growing profitable sales. In this role, you will analyze industry and customer data through internal and external sources, playing a key role in implementing data driven decisions. This role will integrate data from multiple sources to identify challenges, opportunities, and implications for achieving business goals across multiple channels (retail, commercial, eCommerce and direct-to-consumer). This position will effectively analyze and distill data into patterns and trends and develop clear and concise communications around key business insights.
Position location: This role is designated as a hybrid role which includes working at least 3 days per week (Tuesday, Wednesday, Thursday) in our main office located in North Olmsted, OH to foster better collaboration, connection, and innovation.
RESPONSIBLIITIES:
What you will be doing:
- Partner with Marketing, Sales, and Finance to understand business objectives and performance measures. Establish and lead Revenue Growth Management (RGM) analytics that include predicting and tracking results around pricing, promotions and assortment changes for Marketing, Sales, and Finance.
- Lead actionable, fact based, insight driven recommendations on pricing, promotions, and assortment for your cross-functional teams that lead to increased sales and profitability.
- Provide pricing expertise and thought leadership to your cross-functional team.
- Analyze customer, channel, and product market performance to inform pricing and channel strategy.
- Maintain and enhance existing strategic pricing guideline files to help facilitate ongoing identification of retail or list pricing risks and opportunities.
- Track planned and executed promotional activity. Collaborate with the Category, Sales, and Finance teams on a category promotional strategy for each business based on financial goals and evaluation of historical promotion performance.
- Lead internal customer line review process and analysis.
- Track and report on clear key performance indicators (KPI’s) and supporting reporting/dashboards to monitor performance of key initiatives and ensure attainment of revenue growth management objectives.
- Identify needs for new data sources and analytical tools. Develop new tools or modify existing tools to improve the efficiency and effectiveness of delivering key metrics and insights to our business partners.
- Apply relevant statistical tools to help build predictive models, improve customer segmentation, optimize product assortments, refine approach to pricing, and improve elements of the overall marketing mix.
- Influence the strategic decision-making processes made by partners in Marketing and Sales by defining, monitoring, and reporting ongoing key metrics from analyses; Continue to evolve key metrics as business strategies and objectives evolve.
- Establish processes and templates for Sales and Marketing team members to use to drive and measure the effectiveness of pricing, promotions, and programs.
- Provide support in annual business planning process, category & channel management, and customer portfolio selection as needed.
Qualifications
- Bachelor’s degree in business, economics, finance, statistics, or related field; master’s degree preferred.
- 7-10 years of business experience, including a minimum of 3 years in RGM, Marketing, Sales, Finance or Pricing. 10+ years of total experience preferred.
- Ability to calculate and articulate the calculation and impact of business metrics to a general audience (e.g. Gross & Net Margin, ROI, CAGR, and Price Elasticity).
- Proficient in the use of Microsoft Office Suite with advanced Excel skills.
- Experience developing solutions using large volumes of data; creating predictive models, using applied statistical analysis such as regression, classification, and clustering.
- Experience collaborating in a team environment cross-functionality and across all levels of the organization as a key contributor and voice to many aspects of the business.
- Proven history of influencing stakeholders to drive decision making and consensus building.
- Excellent interpersonal, communication, and presentation skills with experience presenting and translating data into decision-ready insights.
PREFERRED QUALIFICATIONS:
- Experience in market modeling and price elasticity in a retail environment strongly preferred.
- A strong process improvement background (e.g. Lean Six Sigma Black Belt) is preferred.
- Experience using data preparation/transformation tools (e.g. Alteryx or Talend) preferred, experience with advanced analytics tools a plus.
- Experience with business intelligence and visualization tools (Tableau a plus).
- Experience developing Use Cases or User Stories is a plus.
- Demonstrated ability to multi-task and accept changes in direction or priorities quickly.
- Demonstrated ability to effectively solve problems despite complexity and uncertainty (high quantity, conflicting, and/or missing data).
- History of delivering results with a high level of detail, accuracy, and accountability.
- Demonstrated sense of urgency and ability to persevere to reach objectives for challenging problems.
- Demonstrated passion for learning and adoption of new technology.
Additional Information
At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.
Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.
Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN
Equal Employment Opportunity
FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.
Reasonable Accommodations
FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.
What We Do
Fortune Brands Home & Security (NYSE: FBHS) is headquartered in Deerfield, Illinois with operations across the Midwest in the United States and globally. Since becoming a stand-alone company in 2011, we have established a strong track record of growth and success while consistently outperforming our competitors and the marketplace. Our strength comes from a consistent growth strategy focused on innovation, superior execution and high performing teams.
Our purpose is to FULFILL THE DREAMS OF HOME. Delivering on our purpose and strategy starts with our associates who see limitless opportunities to build a great company. Our teams are guided by our values called the 3As, which are fundamental beliefs and behaviors focused on how we conduct business and treat others: 1) ALIGNED - We are collaborative, inclusive, and work decisively. 2) AGILE - We move quickly in an ever-changing business landscape to capture the opportunities ahead. 3) ACCOUNTABLE - We operate with responsibility, transparency, and ownership to deliver results.
An important component of our culture is a strong focus on Diversity, Equity and Inclusion (DEI). At Fortune Brands, our associates are encouraged and empowered to be their authentic selves.
OUR BUSINESS INCLUDES 3 SEGMENTS:
Water Innovations (WINN): WINN designs for water, delivering beautiful products crafted with innovation and efficiency. Brands include Moen and a portfolio of luxury brands under the House of Rohl: Riobel, Rohl, Perrin & Rowe, Shaws and Victoria + Albert.
Outdoors & Security: This business focuses on the attractive outdoor living space with products engineered for a lifetime of outdoor performance, providing homeowners protection and security. Brands include Therma-Tru, LARSON, Fiberon, Fypon, Master Lock and SentrySafe.
Cabinets: MasterBrand Cabinets is the premier kitchen and bath cabinet producer in North America. Our portfolio includes more than 35+ brands.