McDonald's Manager, Pricing Strategy & Analytics in Chicago, Illinois
McDonald’s is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries and billions of customers served each year. As the global leader in the foodservice industry, we have a legacy of innovation and hard work that continues to drive us. Today, we are growing with velocity and are focused on modernizing our experiences, not to make a different McDonald’s but to build a better McDonald’s.
We are a people business just as much as we are a restaurant business. We strive to be the most inclusive brand globally by building diverse teams who craft delicious, feel-good moments that are easy for everyone to enjoy. Joining McDonald's means thinking big daily and preparing for a career that can have impact globally.
We are dedicated to using our scale for good: good for people, our industry and the planet. From ambitious recycling initiatives and sustainable sourcing efforts to our partnership with Ronald McDonald House Charities, we see every single day as a chance to have a genuine impact on our customers, our people and our partners.
Our new, state-of-the-art headquarters is located in the booming West Loop area in the heart of downtown Chicago. It is set up to be a global hub that fosters innovation: take a class at Hamburger University, sample future menu items in our Test Kitchen, and utilize the latest technology to stay in touch with your team around the globe. With monthly organized events, massive outdoor spaces, an 8000 square foot gym, and an onsite McDonald's serving international favorites, our office helps us connect with each other like never before. Needless to say, you’ll be lovin’ it here…
The U.S. Pricing & Value Strategy team provides thought leadership, business intelligence and actionable insights to support the company’s key growth platforms. It is a high-profile, high-performing team that interacts frequently with senior leadership and various regional leadership stakeholders. The U.S. Pricing & Value Strategy team is looking for an experienced Pricing Strategy & Analytics Manager.
The Pricing Strategy & Analytics Manager will be expected to provide actionable business analysis, insights, and foresight to understand and drive performance of the business. You will lead pricing analytics and shape pricing strategy, architecture, planning and recommendations both nationally and regionally.
A successful manager candidate is an active problem solver - someone who has the natural curiosity to understand business performance drivers through utilizing large datasets, integrating various information sources and applying analytical skills in developing strategies and recommendations. At the same time, the candidate needs to be able to effectively communicate the results through story -telling and visualization. Lastly, the candidate needs to be able to support and lead pricing research studies and lead pricing tests to inform longer term pricing strategy.
MBA or Masters in Finance, Economics, Math
3+ years in consulting, client services and/or pricing advisory or strategy
A strategic thinker who is dedicated to providing valuable insights and strong leadership skills
Excellent communications and interpersonal skills
Strong analytical capabilities with experience in working with analytical teams and translating outputs into actionable insights
Knowledge of pricing and promotion dynamics, multi-tier pricing environment, long term impact of pricing decisions
Advanced Excel and PowerPoint skills required. Experience working with Tableau and/or other data visualization
Deep understanding of the restaurant industry (QSR), competitors, and market dynamics
2+ years of management consulting experience
Experience working in SQL, Alteryx or other data management and Business Intelligence tools
Experience with predictive modeling in SAS, Python, R or other
Build business cases and build awareness of pricing decisions across the system
Communicate effectively in both written and verbal manners on relevant analysis
Shape pricing strategy, architecture and the planning process both nationally and regionally
Identify key strategies and size pricing opportunities for long term strategic planning
Find opportunities for pricing focused research and lead consumer research studies related to pricing
Support & manage the relationship with our specific price maintenance vendors.
Develop and communicate pricing recommendations for new products and test products
Demonstrate pricing tools and analysis of trends and opportunities and facilitate pricing meetings with key partners when needed
Result driven and active problem solver
Analytic Insight: Capability and experience analyzing large amounts of data using multiple data sources, develop analysis templates/tools and synthesize various findings into actionable recommendations
Ability to frame business opportunities and develop clear, concise and compelling executive-ready communications to various audience groups with minimal guidance
Pricing Strategy & Analytics Manager
McDonald's Corporation and McDonald's USA, LLC (the "Company") are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of age, sex, sexual orientation, race, color, creed, religion, ethnicity, national origin, alienage or citizenship, disability, marital status, veteran or military status, genetic information, or any other legally-recognized protected basis under federal, state or local laws, regulations or ordinances.