Price Manager

At Tesco, we believe in the power of spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support.

You will be part of the team that crafts and implements Tesco’s pricing strategy. Working with the commercial teams, you will build price policies, manage competitiveness, create actionable insights, and develop better pricing tools. The role sits at the heart of Tesco, and it is instrumental in delivering value for customers and our business.

You will be responsible for:

Helping to develop the frameworks and insights that translate Tesco's overall business strategy into commercial initiatives and pricing actions
Structuring and performing (or leading) the vital analyses for strategic projects, such as price architecture or price investment
Translate the price strategy, framework, and pricing policies into clear and actionable recommendations by channel for approval and implementation
Work closely with the commercial teams to ensure our pricing recommendations are aligned with our commercial strategy and implemented efficiently
Collaborating with teams across the wider business, including Category, Insight and Channel specialists, to identify current/potential opportunities and develop the right solutions for our customers and our business
Performing ad hoc research and analyses to diagnose recent performance and operational issues
Balancing and prioritising work across short-term projects and long-term initiatives
Staying up to date on relevant industry regulations, competitor news and standard methodologies
Acting as a leader with vision on pricing and related topics, representing the team throughout Tesco

You will need:

Operation skills relevant for this job:

Strong written and verbal communication and the ability to engage with partners at all levels
Excellent problem solving and analytical skills, translating sophisticated issues into clear and actionable frameworks and insights
Experience working with large data sets and building business cases (advanced Excel, Powerpoint skills; experience with SQL and/or Tableau an advantage)
Ability to handle a diverse network of stakeholders with contending priorities

Experience relevant for this job:

Pricing strategy experience in retail
Strategic, finance or commercial role in retail, FMCG or a related industry

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What's in it for you:

We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!

Annual bonus scheme of up to 20% of base salary
Holiday starting at 25 days plus a personal day (plus Bank holidays)
Private medical insurance
26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 4 weeks fully paid paternity leave
Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing

About us:

Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is 'Serving our customers, communities and planet a little better every day'. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.

We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities. We're a big business with diverse working patterns and many business areas which means that we can find something that works for you. Everyone is welcome at Tesco.

We have recently announced that we will be moving towards a more blended working week – combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us to about how this can work for you.

NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

We're proud to have been accredited Disability Confident Leader and we're committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please visit https://www.tesco-careers.com/accessibility