Pricing Assistant

INTRODUCTION

At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.

We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities. 

JOB PURPOSE

In this role, you will support the Strategic pricing team in its aim to drive revenue and EBIT by ensuring that Burberry maximises its pricing potential globally, whilst maintaining consistency and adhering to our overall pricing strategies & principles. 

You will be responsible for:

• Seasonal pricing set up to ensure that global retail and wholesale prices are appropriately derived 
• Monitoring changing global macro-economic factors and highlighting impact of these fluctuations
• Producing regular pricing analyses including sales by price range analysis, the quarterly pricing bulletin, and price change impact analyses
• Managing markdown price calculations and execution
• Acting as liaison between business and BI pricing team 
• Supporting the Senior pricing analyst in Global price architecture analyses and other ad-hoc analyses 
   

RESPONSIBILITIES

• Assist in the seasonal price band (core currency pricing relationships) review process with merchants and manage implementation in Flex PLM
• Create and review seasonal retail and wholesale factor files for SAP
• Maintaining the weekly FX rate tracker and reviewing the impact to country price positioning
• Create and analyse sales and offer by price range analysis to highlight potential issues with product assortment by price range 
• Monitor and analyse competitor pricing in order to identify pricing opportunities for the business
• Creation of markdown prices and associated price calculation templates
• Support markdown execution by working with key stakeholders to ensure markdown prices are accurate and loaded in a timely fashion
• Support the quarterly price change process, working with the product teams and BI Pricing data team to facilitate a smooth implementation
   

PERSONAL PROFILE

• Strong analytical and highly numerate individual with good verbal & written communication, facilitation, organization, and leadership skills 
• Strong commercial awareness of a retail business
• Good understanding of micro and macro-economic factors that impact on global pricing
• Good understanding of the factors affecting product margin
• Must meet deadlines by mitigating risks, manage multiple projects simultaneously and prioritising as appropriate 
• Highly motivated, flexible, and conscientious with the ability to work in a constantly changing environment

FOOTER

Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience.