Performs pricing analysis of all new and existing parts or accessories to be entered into the Oracle parts database system. Actively administers existing parts or accessories through market-based pricing strategies to stay competitive in an ever-changing industry. Reviews market-based competitive data, aftermarket and original equipment manufacturer (OEM) pricing, and warranty usage information and communicates with Subaru Corporation (SBR), Subaru of Indiana Automotive (SIA), and vendor partners in course of work.
CORE RESPONSIBILITIES- Expeditiously provides updates to the Parts or Accessory Pricing Master File, ensuring complete database integrity; this includes, but is not limited to, new model parts or accessory pricing, existing parts or accessory pricing updates, continual updates of auto-source rules, price lists, supersession chains, pricing-focused vendor communications, and all associated analytical functions. Evaluates export pricing and customs-related information and coding to ensure U.S. regulation compliance.
- Develops and implements pricing actions affecting sales and profit respectively by optimally pricing new model, collision, competitive, and/or sensitive parts or accessories. Maintains consistent purchase prices on similar part or accessory groups by studying exception reports and communicating out-of-line purchase prices to management. Prepares purchase price suggestions by analyzing market-based studies on competitor's models prior to new model releases.
- Supports the implementation of a new pricing optimization system through process and procedure development, testing, and troubleshooting.
- Supports the updated labor time studies as outlined at the ports, ensuring consistency with price-related changes.
- Selects competitive parts or accessories from each function code group, to be sent to our third-party vendor, for market analysis. Determines which parts or accessories should have aftermarket pricing, Original Equipment (OE) pricing, or combination of both, based on revenue opportunity.
- Performs simulated pricing optimization analyses through the review of variables effecting sales and profits including, but not limited to, third-party vendor market research, warranty percentage evaluation, and annual parts or accessories sales information.
- Performs function-code- or item-level strategic pricing analysis in the interest of sales and profit maximization. Uses insights gathered from analysis to interpret market conditionals and react accordingly. Works with Parts or Accessories Sales team to critically monitor market trends and adjust pricing accordingly.
- Collaborates across departments such as the Accessory Group, Distribution, and Accounting on pricing levels and margins. Calculates and loads port-installed pricing for all accessories in Oracle Retail Accessory Management (RAM) system.
- Ensures that all pricing uploads meet or exceed Japan Sarbanes-Oxley Act (JSOX) requirements for compliance purposes.
- Strategizes for future pricing opportunities such as Alliance vehicles, Subaru electric vehicles (EVs), and new customer-centered concepts.
REQUIRED SKILLS & PERSONAL QUALIFICATIONS- Intermediate to advanced data analytics experience
- Ability to think critically with problem-solving capabilities in a constantly-fluctuating market.
- Pricing experience preferred
- Ability to work independently and perform financial data analysis on large data sets.
- Ability to collaborate with team members both on- and off-site
- Excellent math skills with accuracy and an exceptional attention to detail.
- Excellent communication skills with the ability to interface with both internal and external partners in a professional manner.
- Intermediate to advanced skills in the Microsoft Office Suite (Excel, Word, and Access).
- Familiarity with Oracle applications, Oracle Business Intelligence (OBI), and Qlik
- Practical automotive technical knowledge and the ability to navigate a parts catalog preferred
- Prior experience with pricing optimization software preferred
EDUCATION & EXPERIENCE REQUIREMENTS: Bachelor's degree and 4 to 6 years of progressive experience required. Bachelor's degree in accounting, finance, or economics preferred.
WORK EXPERIENCE- Office Location: Camden, NJ apart of the Greater Philadelphia Area (Philly)
- Hybrid Role: Hybrid Role - Remote work 2 days per week (after 90 days) [Wednesdays & Fridays]
- Required Travel: 10%
COMPENSATION: The recruiting base salary range for this full-time position is $72000 - $95000 / year. Within the range, individual pay is determined by factors, including job-related skills, experience, and relevant education or training. Additionally, this role is
bonus-eligible, with a target bonus percentage that provides an opportunity to earn even more based on your performance. (Internal Job Grade: P2)
WHY JOIN US? In addition to competitive salary, Subaru offers an amazing benefits package that includes:
Total Rewards & Benefits: - Medical, Dental, Vision Plans
- Pension, Profit Sharing, and 401K Match Offerings
- 15 Vacation days, 5 Floating Holidays, 5 Sick days, and 9 Company Holidays
- Tuition Reimbursement Program: $15, 000 yearly benefit
- Vehicle Discount Programs
Learning & Development: - Professional growth and development opportunities
- Direct partnership with senior leadership
- Formal Mentorship Program
- LinkedIn Learning License
Visit our careers landing page for additional information about our compensation and benefit programs.
ABOUT SUBARULove. It's what makes Subaru, Subaru®. As a leading auto brand in the US, we strive to be More Than a Car Company®. Subaru believes in being a positive force in the communities in which we live and work, not just with donations but with actions that set an example for others to follow. That's what we call our Subaru Love Promise®.
Subaru is a globally renowned automobile manufacturer known for its commitment to innovation, safety, and sustainability. With a rich history dating back to 1953, Subaru has consistently pushed the boundaries of automotive engineering to deliver vehicles that offer not only exceptional performance but also a unique blend of utility and adventure.
Subaru's company culture is built on collaboration, diversity, and a shared passion for our product. We foster an inclusive environment that encourages employees to bring their unique perspectives and talents to the table. Our team members are driven by a common goal: to create exceptional vehicles that inspire and delight our customers.
Please see the job description for required or recommended skills.
Please see the job description for benefits.