Regional Pricing Coordinator

SRS Distribution Inc.; McKinney (TX); Hybrid; USD 55,000 - 109,000; Full time

Benefits offered by this job

Discretionary bonuses

401(k) with company match

Employee Stock Purchase Plan

Paid time off

Health, dental, vision insurance

Flexible spending accounts

Life and short-term disability

Job summary

SRS Distribution Inc. in McKinney, TX, is seeking a Regional Pricing Coordinator to manage pricing for branch locations, perform analytics, and optimize pricing strategies using advanced Excel.

The role focuses on maintaining the pricing database and executing daily and quarterly adjustments to drive profitability. You will collaborate with management at all levels, communicate data-driven insights, and travel up to 25% to regional offices.

Qualifications

• Associate or Bachelor’s degree in math, finance, statistics, or pricing.
• Advanced Excel skills with VLOOKUPs and complex formulas.
• Experience with Power BI and Agility or similar platforms.
• Experience in wholesale/B2B environments.
• Pricing, sales and item analysis experience.
• Strong communication and data-driven mindset.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Collaborate with cross-functional teams to implement timely pricing adjustments.
• Maintain and update pricing database with SOX audit trails.
• Coordinate supplier cost changes into price changes with field teams.
• Analyze market opportunities and risks to improve pricing strategies.
• Serve as a communication link between field teams and management.
• Lead pricing reviews and strategic price changes.
• Utilize advanced Excel for sales and item analyses to optimize margins.

Skills

Advanced Excel

Pricing analysis

Power BI

Independent work

Communication skills

Agility familiarity

SOX compliance

Education

Bachelor's degree in Math/Finance/Statistics/Pricing

Highschool Diploma/GED or Associate

Tools

Agility

OutSystems

Excel

Power BI

Job description

Position Purpose

The Regional Pricing Coordinator is responsible for maintaining pricing for our branch locations. The Regional Pricing Coordinator will also use analytics and optimizing pricing strategies to enhance profitability. This role demands leveraging advanced Excel skills to perform comprehensive sales and item analysis, alongside maintaining and updating the pricing database to support critical pricing functions. The successful candidate will possess exceptional communication skills to effectively liaise with all levels of management, ensuring seamless implementation of daily and quarterly pricing adjustments to drive business growth.

Key Responsibilities

• Collaborate with cross-functional teams and management at all levels to implement timely pricing adjustments, enhancing operational efficiency and profitability.
• Maintain and diligently update the pricing database, ensuring accuracy in pricing to support decision-making processes while ensuring SOX compliant audit trails
• Coordinate supplier cost changes into appropriate price changes with field teams
• Apply analytical skills to identify market opportunities and risks, driving continuous improvement in pricing strategies and financial performance.
• Serve as a pivotal communication link between field team members and management, providing insights and recommendations based on data-driven analyses.
• Utilize advanced Excel skills to conduct comprehensive sales and item analyses, ensuring effective price and margin optimization across the region.
• Lead pricing reviews and administer strategic price changes, closely aligning with organizational objectives and market trends.
• Embrace a service-oriented approach, demonstrating flexibility and technical proficiency in tools such as Agility, OutSystems, Power Bi, to adapt to dynamic market conditions effectively.

Direct Manager Direct Reports

• Reports to: The Regional Pricing Coordinator reports directly to the Regional Pricing Manager.
• Direct Reports: This position does not have any direct reports.

Travel Requirements

The Regional Pricing Coordinator required to travel up to 25% of the time to regional offices and client locations to support pricing strategy implementation. Regional Pricing Coordinators are encouraged to visit branch locations at lead once a quarter.

Physical Requirements

The role of Regional Pricing Coordinator primarily involves work in a standard office environment. The position requires the ability to remain in a stationary position for extended periods while using a computer, including frequent use of a keyboard, mouse, and related hardware. The individual must have the capacity to communicate clearly in both written and verbal forms and engage in regular meetings with team members and management, which may include video conferencing. Initially, no specific physical demands exceed normal office-based activity levels. However, SRS is committed to providing reasonable accommodations to enable individuals with disabilities to perform the essential functions of the job effectively.

Working Conditions

The Regional Pricing Coordinator position at the Company offers a hybrid work environment, blending both in-office commitments and remote work flexibility with most work being remote. This arrangement is designed to support a balance between collaborative engagement when necessary and independent productivity. The role is situated in a dynamic and fast-paced setting, where professionals are expected to operate efficiently under deadlines and contribute to timely decision-making processes. Tasked with significant responsibilities in price and margin activities, individuals in this position must exhibit adaptability and a proactive approach, as priorities can shift based on market demands and organizational objectives. This structure underscores the importance of self-motivation and effective communication across all levels of the company to ensure the accurate and timely execution of pricing strategies.

Minimum Qualifications

• Associate or Bachelor’s degree in Mathematics, Finance, Statistics, Pricing, or a closely related field preferred. Equivalent professional experience in Excel and analysis may be considered in lieu of a degree.
• Proficiency in Microsoft Excel, including but not limited to VLOOKUPs, complex formulas, shortcut keys, and data entry.
• Experience with Power Bi (or similar analytics platform), with a preference for those familiar with Agility or similar platforms.
• Prior experience in a corporate setting, with a focus on wholesale, distribution, or business-to-business (B2B) environments preferred.
• Demonstrated experience in pricing, sales, and item analysis, with a history of contributing to price and margin optimization.
• Exceptional verbal and written communication skills, with a capability to effectively interact with field team members and management at all levels.
• Strong analytical mindset with a service-oriented attitude.
• Proven ability to work independently while being adaptive and flexible in response to dynamic business needs.
• Must be technically savvy and possess a personable disposition.

Preferred Qualifications

• Advanced Analytical Proficiency: Demonstrated capability in leveraging analytical tools and methodologies to enhance pricing strategies and drive data-driven decision-making processes.
• Pricing Experience: Previous pricing experience that demonstrates a robust proficiency and commitment to excellence in pricing strategy.
• Industry Exposure: Experience in a similar capacity within roofing, construction, or similar industries will be highly regarded, contributing to a more nuanced understanding of the market dynamics relevant to SRS.
• Technical Expertise: Proficiency in utilizing systems beyond Agility for comprehensive data management and strategic pricing automation, ensuring seamless integration and optimization of pricing functionalities.
• Financial Acumen: Strong foundational understanding of financial principles, ability to read an income statement, and economic trends to inform pricing strategies that align with the organization’s fiscal goals.
• Project Management Skills: Proven effectiveness in managing cross-functional projects with attention to detail, ensuring timely and successful project delivery in alignment with corporate objectives.
• Advanced Excel Skills: Expertise in more complex Excel functionalities, such as data modeling, vlookup, and shortcut keys, will be a significant advantage, supporting sophisticated data analysis and reporting requirements.
• Change Management Experience: Familiarity with facilitating organizational change regarding pricing structures or related initiatives, highlighting the ability to advocate and implement pricing reforms successfully.
• Innovation and Initiative: A track record of initiating innovative pricing approaches and problem-solving that have resulted in measurable performance improvements at the regional or organizational level.

Minimum Education

Highschool Diploma/GED or an Associate degree in Mathematics, Finance, Statistics, Pricing, or a related field. However, significant professional experience in Excel and data analysis may be considered as equivalent to formal educational qualifications.

Preferred Education

Bachelor’s degree in Mathematics, Finance, Statistics, or a related field.

Minimum Years Of Work Experience

For consideration as a Regional Pricing Coordinator, candidates must have at least 2 years of relevant work experience in pricing or a related field. This experience should encompass the use of advanced Excel skills for data analysis, database management, and adaptation to dynamic pricing strategies in a corporate setting.

Competencies

• Analytical Skills: Capable of conducting detailed sales and item analysis for price and margin optimization. Demonstrating proficiency in data mining and financial analysis to support pricing strategies.
• Technical Proficiency: Proficient in Excel, including VLOOKUPs, formulas, and shortcut keys, to effectively manage and manipulate pricing data. Technically-savvy with systems such as Agility, for maintaining and updating the database.
• Communication Skills: Exhibiting excellent verbal and written communication abilities to articulate pricing changes and strategies to field team members and management effectively.
• Attention to Detail: Ability to manage daily pricing changes accurately, ensuring precision in data entry and validation for reliable analysis and reporting.
• Organizational Skills: Demonstrated capacity to manage multiple tasks related to pricing, and pricing analysis, maintaining a structured approach to prioritize tasks efficiently.
• Financial Acumen: In-depth understanding of finance principles, contributing to informed decision-making in sales reporting, financial analysis, and pricing initiatives.
• Problem-Solving Ability: Adept at identifying and resolving issues creatively to meet pricing goals and improve profitability, leveraging analytical insights and technical tools.
• Interpersonal Skills: Personable and flexible, with the ability to work collaboratively in a team-oriented environment, bringing a service-oriented attitude to interactions with colleagues and stakeholders.

Competitive weekly/bi-weekly pay, discretionary bonuses, 401(k) with company match, Employee Stock Purchase Plan, paid time off (vacation, sick, volunteer, holidays, birthday, floating), medical/dental/vision, flexible spending accounts, company-paid life and short-term disability, plus optional long-term disability, and additional life insurance. All benefits subject to eligibility.

As an Equal Employment Opportunity (EEO) employer SRS Distribution Inc., including all its subsidiaries, provides job opportunities to qualified individuals without regard to actual or perceived race, color, creed, religion, national origin, sex, gender, age, disability, gender identity, sexual orientation, citizenship status, uniform service, veteran status, marital status, genetic information, physical or mental disability, or any other characteristic in accordance with applicable federal, state, and local EEO laws. If you are an individual with a disability or a disabled veteran and require a reasonable accommodation in applying for any posted position, please contact Human Resources at US: 855.556.3221, or by email to: [e-mail] with the nature of your accommodation request and include the Business name, location and title of the job opening. Please allow one (1) business day for a reply. All employment offers are contingent upon successful completion of a background check and drug screen, as permitted by law.