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Pricing Strategy & Analytics Manager

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.

 

Accounting/Finance

 

Key Accountabilities:

 

  • 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

 

 

Key Competencies

 

 

  • 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

 

 

 

Qualifications Required:

 

  • 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

 

 

Qualifications Preferred:

 

 

  • 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

INDEEDMCD
MCDINDEED

 

 

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Technology we use

  • Engineering
  • Product
    • .NETLanguages
    • C#Languages
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • SqlLanguages
    • SwiftLanguages
    • CustomLanguages
    • jQuery UILibraries
    • ReactLibraries
    • CustomLibraries
    • AngularJSFrameworks
    • ASP.NETFrameworks
    • ExpressFrameworks
    • HadoopFrameworks
    • Node.jsFrameworks
    • SparkFrameworks
    • SpringFrameworks
    • TensorFlowFrameworks
    • CustomFrameworks
    • CassandraDatabases
    • HBaseDatabases
    • Microsoft SQL ServerDatabases
    • OracleDatabases
    • RedisDatabases
    • SQLiteDatabases
    • TeradataDatabases
    • CustomDatabases
    • CustomAnalytics
    • CustomDesign
    • Custom Management

Location

In the heart of the West Loop, a vibrant and rapidly growing tech neighborhood. Our new HQ is accessible by all forms of transportation.

An Insider's view of McDonald's Technology

What’s the vibe like in the office?

The entrepreneurial spirit at McDonald’s is noticeable at all levels. People inspire; people are nimble; people are team-driven; people are focused on evolving and improving. When you walk around the space, you can feel the energy that comes from collaboration and problem-solving. I am motivated to push myself every day.

Jen

Product Manager, Global Mobile App

What kinds of technical challenges do you and your team face?

We are providing insights and real time event data for decision making and marketing activation at a scale very few other companies can compare to. We are moving from a 1 to many CRM strategy to a 1 to 1 contextual and personalized experience for our customers and are watching our data drive the direction of feature development within McDonald’s.

Eric

Sr. Manager, Digital Analytics

What does career growth look like on your team?

Working at a company of this Global scale has stretched my skills like never before. The sheer number and variety of customers using the product I work on every day is both challenging and exhilarating; developing my skillset in a way that would be hard to match elsewhere

Jade

Sr. Product Manager, Kiosk

What's the biggest problem your team is solving?

McDonald’s has a few consistent challenges that we’re always solving for - scale and flexibility are critical. Every piece of technology that we build has to be scalable to 30,000+ restaurants! The second challenge is flexibility –we need to provide a consistent and reliable experience, and every restaurant is unique!

Whitney

Product Capabilities and Innovation

What are McDonald's Technology Perks + Benefits

Culture
Volunteer in local community
Open office floor plan
Health Insurance & Wellness Benefits
Disability Insurance
McDonald's provides both short and long term disability benefits at no cost to you.
Dental Benefits
McDonald’s Dental Plans allows you to see the dentist of your choice and provides coverage for preventive, basic, major and orthodontic care at 100%.
Vision Benefits
McDonald's Vision Plan provides eye exam coverage and benefits that reduce your costs for prescription eyewear, contact lenses and laser vision correction.
Health Insurance Benefits
McDonald’s offers medical plan options to help pay for the cost of health care when you need it. During enrollment, you can sign up for the insurance and pick which plan is best for you.
Life Insurance
McDonald’s automatically gives you basic life, dependent life, accidental death and dismemberment (AD&D) and Business Travel Accident Insurance (BTA) at no cost to you.
Onsite Gym
We have an 8000 square foot gym on our 9th floor with best-in-class equipment, classes, personal training, and magnificent views of the city!
Retirement & Stock Options Benefits
401(K) Matching
Once you’re eligible for the company match, McDonald’s will match your contributions with $1 for each $1 you contribute up to a maximum of 6% of your annual pay, up to IRS limits.
Performance Bonus
Match charitable contributions
McDonald’s Matching Gifts Program encourages employee support of not-for-profit organizations. Under this program, McDonald’s gives $1 for every $1 you contribute, up to $5,000 a year.
Child Care & Parental Leave Benefits
Child Care Benefits
McDonald’s has agreements for employee child care discounts to help you with the cost of child care while you work.
Generous Parental Leave
McDonald’s provides four types of Parental Leave, and you may be eligible for one or more of the types of leave listed: Paid Parental Leave, Maternity Leave, Adoption Leave, Unpaid Parental Leave.
Flexible Work Schedule
McDonald's provides employees with a flexible work schedule that includes Summer hours, Core hours, Compressed week, Flexible start and end times.
Family Medical Leave
The Family and Medical Leave Act (FMLA) and certain state laws allow you to take unpaid leave to care for yourself and your qualified family members, as long as you are eligible.
Adoption Assistance
McDonald’s Adoption Assistance Program helps with the costs of adopting a child. The child must be under age 18 and not related to you by blood or marriage.
Vacation & Time Off Benefits
Generous PTO
McDonald's employees receive between 15 and 25 days per year of paid time off based on years of service.
Sabbatical
Eligible employees get 40 days of paid sabbatical after their first 10 years of working at McDonald's
Paid Holidays
Paid Sick Days
McDonald's employees receive 100 hours per year of paid sick leave.
Perks & Discounts
Casual Dress
Commuter Benefits
Happy Hours
Happy hours are hosted on Thursdays in the summer, and twice a month on Thursdays during the remainder of the year.
Parking
McDonald's offers employees paid on-site garage parking.
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
Continuing Education stipend
Paid industry certifications
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