Lowe’s

Sr Manager Pricing

Lowe’s • $110K — $130K *
Mooresville, NC 28117In-Person
Retail & Consumer Goods
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business Administration, Finance, Marketing, Statistics, or related field or equivalent experience.
  • 10 years in Price Management, Merchandising, Financial Planning and Analysis in an omni-channel retail environment.
  • 7 years in Pricing, Data Analytics, Finance, or related pricing and promotion fields.
  • Experience working with senior leadership (VP and above) and managing direct reports for at least 3 years.
  • Strong background in cross-functional team leadership.

Responsibilities

  • Lead and execute the end-to-end pricing lifecycle strategy and projects as the primary project manager.
  • Develop, implement, and monitor pricing and promotional strategies effectively using various tools and analytics.
  • Communicate presentations clearly to senior leadership, tailoring messages for different audiences.
  • Collaborate with other Pricing teams to enhance synergy and a unified vision.
  • Streamline workflows and processes to improve team efficiency.
  • Utilize new tools to provide competitive pricing recommendations throughout the product lifecycle.
  • Maintain strong merchandising relationships and ensure constant communication on progress and alignment.

Benefits

  • Opportunities for leadership development and mentorship.
  • Exposure to senior leadership and decision-making processes.
  • Access to proprietary and innovative pricing tools and analytics technology.
  • Inclusive and collaborative team environment.
  • Professional growth opportunities in a dynamic retail setting.
Full Job Description
Your Impact
The primary purpose of this role is to lead and develop the team responsible for ensuring Lowe's category pricing strategies are implemented, measured, and optimized across the full product life cycle through the use of strategic pricing and modeling tools. This includes responsibility for driving the process to measure and monitor P&P strategies and tactics through the use of dashboards, visual analytics, and score carding. The individual in this role will identify and lead key projects that drive forward strategic priorities for Lowe's, including but not limited to, Markdown optimization, Localization strategies, and/or Pro share. This role is charged with understanding customers' values, business strategies and determining optimal approaches for meeting their needs. Each project will be tailored to achieve the desired goals, and through this role, the Sr. Manager will provide leadership and guidance to the team. This role will identify project risk and work with cross functional teams to develop mitigation plans. This position will identify key tollgates and communicate regularly status updates to senior leadership. To be successful, this role will build, sustain and influence senior leaders within the Merchandising, IT, DACI, Supply Chain and Finance organizations. The role will identify and hire strong talent, and provide leadership, mentorship, and guidance to help them achieve their best.

What You Will Do
  • Responsible for the tactical execution and leadership of end to end pricing lifecycle strategy and strategic projects and serves as primary project manager through risk identification and development of risk mitigation
  • Ensure that pricing and promotional strategies are developed, implemented, measured, and monitored effectively and efficiently through proprietary and third-party tools, analysis, and reporting
  • Develop and present communications, frequently to senior leadership, that convey the right message in an effective way to the appropriate audience
  • Collaborate with other Pricing teams to create synergies between teams, share a cohesive vision, and foster an environment of communication and collaboration
  • Examine and streamline work flows and processes within the team to increase efficiency
  • Responsible for providing input on using new tools and capabilities to deliver competitive pricing recommendations across the full product life cycle to their partners
  • Responsible for using new tools and capabilities to deliver competitive pricing recommendations across the full product life cycle to their partners
  • Responsible for maintaining key merchandising relationships and a line of communication to establish regularly delivered progress reports and to ensure alignment across functions.
  • Lead a team of direct reports, completing all the people management activities associated with leadership of a highly functioning team, including responsibilities of recruiting, hiring, developing and performance of team members.
  • Provide timely, effective and actionable feedback and coaching to reporting individuals so that they may continue growth and development as well as perform necessary responsibilities of their role.
  • Work with business partners and other stakeholders to prioritize information/reporting needs and prioritizes activities for direct reports.


Minimum Qualifications
  • Bachelor's degree Bachelor's Degree in Business Administration, Finance, Marketing, Statistics, or related field or equivalent years of experience in lieu of education requirement, if applicable
  • 10 years Experience in Price Management, Merchandising, Financial Planning and Analysis, Store Operations, or Logistics. Experience as a Lead Merchant and/or Pricing Lead in an omni-channel retail environment. Experience working in cross-functional teams, leadership with direct report responsibility, data elements or financial metrics analyses
  • 7 years Experience in Pricing, Data Analytics, Finance, Omni-channel Retailing, or related pricing and promotion field. Experience working in cross-functional teams, data elements or financial metrics analyses
  • At least 2 years of experience working closely with senior leadership (VP and above) and 3+ years of managing direct reports.


Preferred Skills/Education
  • Master's degree, MBA or other relevant certification
  • Prior corporate retail pricing, promotions or competitive intelligence analytics or strategy experience.
  • Demonstrated experience with price optimization solutions.

About Lowe’s

Lowe's Careers

Joining Lowe's means becoming part of a team that is committed to fostering an environment of growth, innovation, and leadership. As one of the leading home improvement companies, Lowe's offers unparalleled job opportunities and a culture that values diversity and professional development. Work You'll Do At Lowe's, your work will directly impact our mission to help people love where they live. Whether you're involved in the direct sales process, product development, or customer service, your role will contribute to our industry-leading standards. Transform Your Career Leverage your skills and drive in a position that empowers you to lead projects and initiatives that redefine the retail experience. Lowe's is at the forefront of the industry, combining retail, technology, and customer service to create unique experiences for consumers. Join a team of dedicated professionals who are there to support your career aspirations and help you grow both personally and professionally. With over 300,000 team members, Lowe's is a place where you can cultivate a career filled with innovation and opportunities. Lowe's Professional Growth and Opportunities We are committed to the professional growth of every team member. Lowe's offers a variety of career paths and opportunities for advancement, including leadership roles in numerous departments. Whether you're seeking a part-time position or a full-time career, Lowe's provides the training and resources needed to advance and excel. Internship Programs Start your career with Lowe's through our dynamic internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that impacts our business. Interns at Lowe's gain invaluable skills, work alongside experienced professionals, and are considered for full-time positions upon successful completion of the program. Benefits and Culture Lowe's is dedicated to maintaining a culture that promotes diversity and inclusion. We offer a comprehensive benefits package that supports the health, well-being, and financial security of our employees and their families. Benefits include health insurance, retirement plans, and employee discounts, among others. Networking and Innovation Stay connected and ahead in your career through Lowe's commitment to innovation and networking. Our team members have access to cutting-edge technology and are encouraged to think outside the box to solve challenges. Networking within the company is supported through various groups and initiatives, fostering connections that can lead to career advancement. Join Our Team Explore the job opportunities at Lowe's that match your skills and interests. We are always looking for passionate, curious, and solution-driven team players. Start your journey with Lowe's today and be part of a company that values hard work and dedication. Stay Up to Date Keep informed with the latest in career tips, company news, and industry insights—all from the people who work at Lowe's. Our careers blog provides valuable content that can help you navigate your professional journey. Job Alert Emails Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Lowe's. SEARCH LOWE'S JOBS At Lowe's, your career is in your hands. Build it with us and be part of a team that is changing the future of retail.
Learn more about Lowe’s
Size
200,000 employees
Market Cap
$120.3 billion
Industry
Real Estate & Construction
Net Income
$5.8 billion
Founded
1946
5 Year Trend
+8.2%
Revenue
$89.5 billion
NASDAQ
LOW
* Ladders Estimates

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