Manager, Pricing, Firehouse Subs
Restaurant Brands International
About Restaurant Brands International:
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $40 billion in annual system-wide sales and over 30,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.
Our Opportunity:
Restaurant Brands International is looking for a Manager, Pricing to join our Marketing Analytics Team based in Jacksonville, FL. The Manager, Pricing will be responsible for the development and optimization of Firehouse Subs’ in-house pricing guidance model and takes full responsibility for performing pricing analysis and providing pricing recommendations to our restaurants, in addition to ad-hoc analyses and projects. Key position requirements include strong analytical, quantitative, problem solving and presentation skills while working cross-functionally with multiple departments.
Roles and Responsibilities:
- Oversee the development and execution of the overall Firehouse pricing strategy
- Develop and enhance the pricing model by leveraging advanced analytics and data-driven techniques to improve pricing strategies
- Calculate food cost, provide pricing recommendations and conduct profitability analyses on upcoming LTOs, new products, national launches and/or promotions
- Analyze pricing data to provide insights into pricing trends, customer behaviors, and competitive landscapes, contributing to informed pricing decisions
- Create and maintain price elasticity model for all menu items at all hierarchy levels
- Focus on the day-to-day operational aspects of pricing direction, working directly with franchisees and field teams in providing tactical pricing guidance
- Maintain comprehensive documentation of the pricing model and execution, ensuring clarity and accessibility for all team members and stakeholders
Soft-skill Requirements:
- Strong organizational and project management skills
- Excellent communication and interpersonal skills for customer support
- Problem solving
Technical-skill Requirement:
- Bachelor's degree in Business, Economics, Operations Management, or a related field.
- 4-6 years of experience in pricing execution, revenue management, or a comparable position.
- Strong analytical, and computer skills, including experience with database and spreadsheet programs.
- Highly proficient with MS Office applications. Must be an advanced user in Excel with in-depth knowledge of advanced formulas, charting, and pivot tables (and associated formulas)
- Experience with SQL highly preferred.
- Comfortable with developing and running regression models
Restaurant Brands International and all of its affiliated companies (collectively, RBI) are equal opportunity and affirmative action employers that do not discriminate on the basis of race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or veteran status, or any other characteristic protected by local, state, provincial or federal laws, rules, or regulations. RBI's policy applies to all terms and conditions of employment. Accommodation is available for applicants with disabilities upon request.