Manager - Pricing Advisory

Support Center - Irving

Under the supervision of the Pricing Director, the Manager - Pricing Advisory will drive the analysis and execution of Pricing and Promotions strategy and tactics. This individual will be responsible for creating and recommending optimal product pricing to achieve and exceed sales goals.

Exceptionally strong analytical skills with strong background in statistical analysis and mathematical optimization. Proven leadership and collaboration skills are required to create strong cross functional relationships with Category Management, Marketing, Operations and IT, leading in efforts to drive change management throughout the company.

• Regular Price Strategy and Analysis: Partner with Category Management to understand product characteristics.  Perform detailed analysis to optimize regular prices for merchandising categories.  Track and measure incremental sales and margin.
• Promotion Pricing Analysis:  Work with various data sources to identify strategic and tactical insights and subsequently optimize the promotions. Work with Category Management and Marketing to analyze results and recommend items and promotional prices for future ads.
• Clearance Price Strategy and Analysis:  Work closely with Pricing Director, Inventory Management and Category Management to develop clearance cadence strategies. Optimize store specific markdown for basic and seasonal products.
• Pricing projects as identified by supervisor

Other duties as assigned

Minimum Education

• BS in Economics, Engineering, Computer Science, Marketing or Business; MBA, MIS or MS quantitative field such as in Engineering, Economics, Statistics, Operations Research or Finance strongly preferred.

Minimum Special Certifications or Technical Skills

• Knowledge of statistical and pricing models required. Strong IT and computer skills a must - understanding of Access, SQL preferred.

Minimum Type of Experience the Job Requires

• Must have 4+ years of experience in pricing and marketing analysis at both strategic and tactical levels.
• Must have 2+ years in pricing optimization/demand forecasting in retail environment

Other

• Strong communication and presentation skills required. Ability to develop strong relationships with key partners.  Strong skills in selling point of view and persuading other functions to support your program.

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

To review a comprehensive list of benefits, please visit

(MIKBenefits.com)

CO, CT, WA and RI only - To review pay ranges for the position you are applying for, please visit

. (MIKBenefits.com)

For 50 years, Michaels has been the best place for all things creative. We strive to inspire our customers, cultivate confident leaders, and serve our communities by fostering an inclusive environment for everyone to learn, shop, and create. At Michaels, everyone has a seat at our craft table and every Team Member is encouraged to hone their craft with opportunities for personal and professional growth. From our Stores and Distribution Centers to Artistree and our Support Center, our best-in-class team is committed to delivering on our purpose to fuel the joy of creativity. As the leading creative destination in North America, we operate over 1,290 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and MakerPlace by Michaels, a dedicated handmade goods marketplace.

Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together.

Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at

(1800-MICHAEL).

Federal FMLA Poster

Federal EPPAC Poster