SRM Executive in London

SRM Executive in London

London Full-Time 35000 - 45000 £ / year (est.) Home office (partial)
Wella Operations US LLC

At a Glance

  • Tasks: Support revenue strategies and optimise pricing for iconic beauty brands.
  • Company: Join Wella Company, a leader in the beauty industry with a vibrant culture.
  • Benefits: Enjoy 25 days holiday, staff discounts, and flexible remote work options.
  • Other info: Collaborative environment with opportunities for personal and professional development.
  • Why this job: Make an impact in a dynamic role that drives revenue and growth.
  • Qualifications: Degree in business or related field; strong analytical and communication skills required.

The predicted salary is between 35000 - 45000 £ per year.

Location: Wimbledon (2 days)

Reports to: Senior Strategic Revenue Manager

ABOUT THE WELLA COMPANY

Together, WE enable individuals to look, feel, and be their true selves. Wella Company is one of the world’s leading beauty companies, comprised of a family of iconic brands such as Wella Professionals, Clairol, OPI, Nioxin and ghd. With 6,000 employees globally, presence in over 100 countries, Wella Company and its brands enable consumers to look, feel, and be their true selves. As innovators in the hair and nail industry, Wella Company empowers its people to delight consumers, inspire beauty professionals, engage communities, and deliver sustainable growth to its stakeholders.

THE ROLE

We are seeking a Strategic Revenue Management (SRM) Executive to support the Senior SRM Manager to deliver, analyse and optimise the performance of the pricing, promotional to drive revenue, volume and profitability delivering continual value creation for our market leading portfolio of brands and channels. You will be supporting the Senior SRM Manager to coordinate the vital market research, performance analytics, data management and SRM reporting for all brands and channels that will enable us to identify the right SRM strategy, action effective SRM initiatives and analyse our SRM performance. This role will be critical in driving revenue optimisation, and you will work closely with finance, brand, and channel counterparts to achieve this in line with the business planning processes. The SRM Executive will also play a key role in tracking and communicating SRM performance results across the business.

KEY RESPONSIBILITIES

  • Market Research and Insights Development

Leverage our CMI research and shopper analytics to input a macro and consumer lens into our pricing and promotional decisions. Conduct competitor & retailer research to build and maintain a live database of market activity across channels. Summarise and flag changes, along with insights into how this impacts price index benchmarks and brand hierarchies within the market. Leverage global and local SRM guidelines and insights to develop insights that inform pricing and promotional decisions.

  • Support Strategic SRM Planning

Collaborate with the Senior SRM Manager to develop and execute SRM strategies aligned with brand and channel objectives. Provide analytical support for annual planning, new product development (NPD) launches, and distribution expansion plans. Work in conjunction with finance to execute the NPD pricing process. Partner with supply chain and sales teams to manage volume-at-risk (VAR) stock, ensuring profitability. Contribute to Perfect Store initiatives by integrating SRM insights into customer activation plans. Build & maintain pricing and promotional playbooks and cascade to the sales teams.

  • Data Analytics and Modelling

Maintain data models to evaluate pricing, promotional, and channel strategies as defined through annual process and business objectives. Support scenario planning for pricing adjustments and cost changes, providing data-driven recommendations. Analysis on brand & customer mix, building recommendations on how we proactively drive mix to balance profitability, volume, and areas of high growth potential. Conduct feature space and permanent merchandising space analysis to evaluate ROI of gate fees, space production and maintenance costs, and make recommendations for trade spend optimisation. Develop dashboards and tools to track key performance indicators (KPIs) and enable decision-making.

  • SRM Performance Reporting

Track and evaluate the outcomes of SRM initiatives, providing insights for continuous improvement. Share performance results with cross-functional teams to align on opportunities and next steps. Assist in preparing SRM performance reports for senior stakeholders, detailing the impact of implemented strategies.

  • Cross-Functional Collaboration

Work closely with Brand Marketing, Sales, Finance, and Trade Marketing teams to align revenue management strategies. Support the development of customer-specific sell-in decks from an SRM perspective to drive compliance. Support sales teams with ad hoc customer challenges or opportunities that sit outside of SRM guidelines or require SRM signoff. Collaborate with the global SRM community to share best practices and leverage tools and frameworks.

ESSENTIAL SKILLS, EXPERIENCE & QUALIFICATIONS

  • Bachelor’s degree in business, Finance, Marketing, or a related field.
  • Strong analytical skills with experience in data modelling and analysis.
  • Experience in a related finance, SRM or Trade Marketing role.
  • Proficiency in Excel.
  • Ability to synthesize complex data into clear, actionable insights.
  • Strong organizational skills and attention to detail.
  • Excellent communication and collaboration skills.
  • Demonstrated ability to manage multiple priorities in a fast-paced environment.
  • Experience in FMCG, beauty, or retail industries.
  • Familiarity with pricing, promotional, and revenue management strategies.
  • Knowledge of professional and retail hair or nail categories is a plus.
  • Experience working within a matrixed organization.

WHAT WE OFFER

  • 25 days holiday + additional day off for your birthday (not including bank holidays).
  • 3 days’ personal leave for your own significant life events.
  • 2 paid days off for volunteering/charity work.
  • Optional Wella Pension Scheme (8% employer contribution, 3% employee contribution).
  • Optional Family Private Medical Insurance Cover.
  • Income Protection.
  • Life Insurance (8x base salary up to 2 million payable in the event of your death in service of Wella).
  • Staff Discount (80% of all hair products, 40% OPI, 1 x 50% ghd).
  • EAP (Employee Assistance Program).
  • Enhanced maternity, paternity, and adoption leave.
  • Eye Tests.
  • WOW Program (Bonus following exit from KKR, eligible after successful probation. For permanent employees only).
  • Workplace/Nursery Benefits.
  • 4 weeks working remotely abroad.
  • Early Friday Finish during Summer.

EEO OPPORTUNITIES

The Wella Company wants to meet the aims and commitments set out in its equality policy. This includes not discriminating under the Equality Act 2010 and building an accurate picture of the make-up of the workforce in encouraging equality and diversity. We offer equal employment opportunity to qualified individuals without regard to race, religion or belief, color, national origin, age, gender, disability, sexual orientation, gender identity, gender expression, marital or civil partnership, pregnancy and maternity, veteran status, or any other characteristic protected by law. Wella Company with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities.

We strongly believe that cultivating a diverse workplace gives a company strength. The combination of unique skills, abilities, experiences and backgrounds creates an environment that produces extraordinary results.

SRM Executive in London employer: Wella Operations US LLC

Wella Company is an exceptional employer, offering a vibrant work culture in Wimbledon that fosters creativity and collaboration. With a strong commitment to employee growth, we provide extensive benefits including generous holiday allowances, personal leave for significant life events, and opportunities for remote work, all while empowering our team to drive innovation in the beauty industry. Join us to be part of a diverse and inclusive environment where your contributions are valued and rewarded.

Wella Operations US LLC

Contact Details:

Wella Operations US LLC Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land SRM Executive in London

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their products and values, especially since Wella is all about empowering individuals. Tailor your answers to show how you fit into their mission.

Tip Number 3

Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Wella family.

We think you need these skills to ace SRM Executive in London

Analytical Skills
Data Modelling
Data Analysis
Market Research
Pricing Strategy
Promotional Strategy
Communication Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the SRM Executive role. Highlight relevant experience in revenue management, data analysis, and any specific skills that match the job description. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our goals at Wella. Keep it engaging and personal – we love to see your personality come through.

Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention any tools or methodologies you’ve used in the past, especially if they relate to pricing or promotional strategies.

Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come through our own channels!

How to prepare for a job interview at Wella Operations US LLC

Know Your Numbers

As a Strategic Revenue Management Executive, you'll be dealing with data and analytics. Brush up on your understanding of key metrics related to pricing and revenue. Be ready to discuss how you've used data to drive decisions in past roles.

Research the Competition

Familiarise yourself with Wella's competitors and their market strategies. Bring insights about their pricing and promotional tactics to the interview. This shows you're proactive and understand the landscape you'll be working in.

Showcase Your Analytical Skills

Prepare examples that highlight your analytical prowess. Discuss specific instances where your data modelling or analysis led to actionable insights. This will demonstrate your ability to contribute to the SRM strategies effectively.

Collaborate Like a Pro

Since this role involves cross-functional collaboration, think of examples where you've successfully worked with different teams. Highlight your communication skills and how you’ve aligned various stakeholders towards common goals.