Job Description

Team Member will be required to come into Raleigh, NC HQ four days a week.

About Advance Auto Parts

Founded in Roanoke, VA in 1932, Advance Auto Parts is a leading automotive aftermarket retail parts provider that serves both professional installer and do-it-yourself Customers. As of November 2024, Advance operates 4,690 stores in the United States, Canada, Puerto Rico, and the U.S. Virgin Islands. The Company also serves 970 independently owned CARQUEST branded stores across these locations in addition to Mexico, the Bahamas, Turks, and Caicos and the British Virgin Islands. The company has a workforce of over 70,000 knowledgeable and experienced Team Members across the US and India, who are proud to provide outstanding service to their Customers, Communities, and each other every day.

About AAP’s PRICING TEAM

The Pricing team is growing its US team to help expand our technical, brand, and analytical capabilities across the enterprise. This is a fantastic opportunity to join a team of highly specialized and focused individuals dedicated to driving our brand marketing and eCommerce outcomes in a collaborative environment.

Join the Pricing team and start reimagining the future of automotive retail. Disrupt the way consumers buy Auto Parts and join a fast-growing eCommerce team to take on the industry’s biggest challenges.

The focus here is on our customers -- how we make them happy, earn their trust, and create loyalty. We want to expand our best-in-class data science capability to predict consumer behavior and ensure we are getting the right return on our investments. Ultimately, the Pricing team is responsible for rapidly developing and deploying solutions that will drive the customer experience and, ultimately, enhance our bottom line as an organization.

Job Description

We have an opening for a Senior Analyst on the Pricing team. The role will have global exposure to the pricing functionality in retail automotive business at a thriving company. The ideal candidate should have strong problem-solving skills and communication skills.  They should be able to handle a steep learning curve to develop business knowledge, and be able to work with large, complex data sets, and generate actionable business insights that impact strategic pricing decisions for the company.

This Strategic Senior Pricing Analyst position is responsible for partnering with Merchant teams to develop and execute pricing strategies that drive incremental sales and profit for Advance Auto Parts.  The Analyst will work as an expert and advocate for managing the category roles and pricing strategies within the price optimization system.  The position is a hands-on, action-oriented role accountable to help build a world class pricing capability that drives future company performance.

Role and Responsibilities

• Business Analytics:  Enable data driven business decisions by generating insights from the data, to optimize pricing strategies and execute the right pricing decisions across multiple channels.
• Relationships:  Develop effective relationships with Merchant, Inventory, Visual, IT teams.  Build trust at all levels by proactively providing credible and value-added support. Learn the important aspects of the supported business to become involved in key business decisions.
• Business Knowledge:  Understand simple and complex pricing policies and potential impact on key business metrics.
• Data Management:  Comprehend business requirements and formulate mathematical models to develop solutions for retail pricing business, competitive intelligence, price elasticity, customer segmentation and discounts analysis etc.
• Technical Skills:  Use multiple data systems, tools, platforms to analyze key business trends, formulate hypotheses and present meaningful business insights to pricing leadership team.
• Communication:  Effectively Communicate with multiple stakeholders while owning various business initiatives and delivering quality output.
• Process Improvement:  Work collaboratively with the multiple teams e.g. IT, data governance, merchandise, finance etc.in a global environment to validate and execute against pricing requests without errors.

Requirements

Candidates should have:

• 1 to 4 years of related business analytics experience.  2 or more years of experience in pricing/revenue management, or sales and marketing analytics in retail or service industries desired, but not required.
• Bachelor of Science degree in Business, Marketing, Economics, Mathematics, or Statistics from an accredited four-year college or university.
• Exposure to data manipulation & visualization packages desired (e.g., Tableau, Spotfire, Alteryx, etc.)
• Financial analysis and/or forecasting experience.  Statistical and/or Econometric modeling experience is a plus, but not required.
• Strong ability to define problems, collect data, establish facts, and draw valid conclusions through analytical and problem-solving skills Excellent communication and collaborative skills with the ability to work in cross functional multi- cultural global teams.
• Ability to present information and respond to questions from groups of senior management, department heads, managers, clients, customers, and the general public.
• Advanced Excel skills and database skills required, as well as an ability to learn company systems and tools as needed.  Familiarity with AS400, SQL and some basic programming a plus.
• Should be a result-oriented problem solver who can collaborate across teams and functions to find solutions to any technical or functional problems.

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