About the role
As a Senior Analyst for Pricing, you’ll own the execution of pricing strategies for your assigned categories. You’ll influence business stakeholders by providing in-depth, category and channel specific pricing analysis and recommendations. You’ll partner with your senior manager and category teams to develop and recommend pricing strategy and process improvements. With the evolution of pricing organization, you may also be called upon to support various special projects.
This role is hybrid, which means you will be required to work on site Monday through Thursday at the Best Buy corporate office in Richfield, Minnesota. You can work virtually from home or another non-Best Buy location on Friday. The recruiter or hiring manager will provide more details during the hiring process.
What you’ll do
- Develop and execute clearance, open box and competitive pricing strategies to optimize profit, manage at-risk inventory and drive price perception
- Partner with category teams to support promotional strategies that impact business and enterprise goals
- Conduct detailed, category-specific analysis to ensure prices meet category level goals
- Track pricing performance against financial goals and key performance indicators; identify risks and opportunities which may impact overall performance
- Present insights to category teams and other partners in a clear and concise manner
- Contribute to team development through sharing of best practices and project work
Basic qualifications
- 2 years of experience performing quantitative/financial analysis, pricing or promotion management, or business analysis within a retail, consulting or consumer-oriented industry
- Strong written and verbal communication skills
Preferred qualifications
- Demonstrated ability to build strong trust-infused relationships
- Experience in pricing, inventory management, merchandising or finance within the retail industry
- Process improvement or project management skills
- Experience influencing others
- Intermediate level of proficiency (practical application) with Excel (complex formulas, pivots) and PowerPoint (data storytelling and visualization)
What’s in it for you
We’re committed to helping our people thrive at work and at home. Best Buy offers a range of benefits to support your overall well-being and provide support as you need it, especially at key moments in your life.
Our benefits include:
- Competitive pay
- Great employee discount
- Financial savings and retirement resources
- Support for your physical and mental well-being
Best Buy provides different types of leaves of absence (LOA) and potential pay sources to employees based on eligibility. The length of your LOA depends on your situation, where you live, your full-time or part-time employment status, and federal and state regulations. Intermittent or reduced-schedule leave is also available for certain medical or family care leaves. Paid time off (vacation or PTO) is offered to full-time and part-time employees based on work location, employment status, salary or hourly status (exempt/non-exempt), and years of continued or bridged service.
Certain roles, where market norms demand it, are eligible for various forms of incentive pay to drive performance and offer recognition for achieving financial and strategic results. For more information about our incentive pay plans, including eligibility, please refer to our Incentive Programs Summary.
For more information about benefits, LOA and paid time off, please refer to our Benefits Guide.
About us
As part of the Best Buy team, you’ll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life — in our stores, online and in customers’ homes.
Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We’re committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here.™
Best Buy is an equal opportunity employer.
Application deadline: Minimum of 5 days from the posting date. You can find that date above the job title at the top of the page.
Position Type: Full time
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