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Sr. Manager, Pricing Strategy

Sr. Manager, Pricing Strategy

Taco BellIrvine, CA, US
23 days ago
Job type
  • Full-time
Job description

Sr. Manager, Pricing Strategy

Taco Bell was born and raised in California and has been around since 1962. We went from selling everyone's favorite Crunchy Tacos on the West Coast to a global brand with 8,200+ restaurants, 350 franchise organizations, that serve 42+ million fans each week around the globe. We're not only the largest Mexican-inspired quick service brand (QSR) in the world, we're also part of the biggest restaurant group in the world : Yum! Brands.

Much of our fan love and authentic connection with our communities are rooted in being rebels with a cause. From ensuring we use high quality, sustainable ingredients to elevating restaurant technology in ways that hasn't been done before we will continue to be inclusive, bold, challenge the status quo and push industry boundaries.

We're a company that celebrates and advocates for different, has bold self-expression, strives for a better future, and brings the fun while we're at it. We fuel our culture with real people who bring unique experiences. We inspire and enable our teams and the world to Live Ms.

At Taco Bell, we're Cultural Rebels. Want to join in on the passion-fueled fun? Learn more about the career below.

About the Job

Taco Bell is looking for a highly motivated leader to join the finance team to head Pricing and Menuboard Strategy. You'll be part of a fast-paced and dynamic team that partners closely with Marketing, Digital, Finance, Business Analytics, International, and cross brand teams. You'll be the primary relationship owner for a team of third-party consultants.

The Senior Manager is instrumental in developing strategies to price to offset inflation, while enabling long term growth goals. You'll play a key role in shaping pricing and menuboard strategy across the entire menu (omni-channel), from our core to Limited Time Offers (LTOs)including price recommendations, menu architecture, and related Revenue Growth Management principles. This individual will possess a solid background in finance and be able to articulate the business model impact from pricing. Another key responsibility is partnering cross-functionally with data science and pricing consultants to extract actionable insights from across more than 7,500 restaurants and competitive intelligence. You'll lead the team responsible for developing pricing related insights, tools, and analytics. In addition, you'll be responsible for developing and executing the pricing strategy across more than 500 company-owned restaurants.

We're looking for a dynamic and high-impact leader that has the potential to grow into more senior roles within the finance team. This is a great point of entry to Taco Bell; successful individuals have moved to roles in finance, strategy, and development at Taco Bell and across YUM brands.

The Day-to-Day

  • Lead pricing strategydevelop plans of action to implement pricing to offset inflation while maintaining category-leading value proposition
  • Coach team responsible for pricing analytics and insights. Build capability leveraging rich internal and third party data
  • Drive financial and commercial thinking on the impact from pricing decisions to the restaurant business model
  • Own key cross functional relationships with pricing consultants and data science teams. Drive commercial-minded business perspective
  • Develop presentations to articulate holistic strategy, make recommendations, and share key executive-level updates
  • Influence cross functional partners, routinely at the Director through C-Suite level
  • Lead strategic pricing for Company-owned restaurantsboth routine pricing actions and ensuring optimal price levels across restaurants
  • Partner cross-functionally, developing tests to determine optimal product pricing and menuboard layouts to balance sales and margins
  • Develop long range forecasting and planning for pricing
  • Track KPIs and spearhead competitive benchmarking

Is This You?

  • BA required; analytical or business degree preferred
  • MBA a strong plus
  • 8+ years relevant work experience (Consulting, Corporate Finance, Investment Banking, etc.)
  • Experience working with large data sets and associated analytics tools / techniques (SQL, Python, R) a plus
  • Experience with Revenue Growth Management a plus (pricing models, measuring demand elasticity, etc.)
  • Strong internal motivation, intellectual curiosity, and logical thinking
  • Desire to have a large impact on our organization with a can-do attitude
  • Excellent coaching and leadership skills
  • Resourceful nature with an ability to build business cases through financial models, data, and relevant assumptions to drive action
  • Strong organizational skills; ability to proactively drive agenda and prioritize in a complex and fast-paced environment
  • Superb interpersonal and communication skillsboth written and oral. Can develop persuasive executive-level presentations
  • Demonstrated success in a team environment requiring cross functional influence
  • Work-Hard, Play-Hard

  • Hybrid work schedule (onsite expectation Tues, Wed, Thurs) and year-round flex day Friday
  • Onsite childcare through Bright Horizons
  • Onsite dining center and game room (yes, there is a Taco Bell inside the building)
  • Onsite dry cleaning, laundry services, carwash,
  • Onsite gym with fitness classes and personal trainer sessions
  • Up to 4 weeks of vacation per year plus holidays and time off for volunteering
  • Generous parental leave for all new parents and adoption assistance program
  • 401(k) with a 6% matching contribution from Yum! Brands with immediate vesting
  • Comprehensive medical & dental including prescription drug benefits and 100% preventive care
  • Discounts, free food, swag and honestly, too many good benefits to name
  • Salary Range : $153,200 to $180,300 annually + bonus eligibility + benefits

    The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we'll consider your location, experience, and other job-related factors.

    At Taco Bell, we Live Ms and invite you to do the same. Take a seat at our table. Bring your voice. Bring you, just as you are, a Cultural Rebel. We want you to be your best self!

    Taco Bell is proud to be an equal opportunity employer and is committed to equity, inclusion, and belonging for all dimensions of diversity. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other protected characteristic.

    Taco Bell is committed to working with and providing reasonable accommodation to applicants with disabilities or special needs.

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