Referred applicants must not apply directly to this role. All referred applicants must use their unique referral link generated when they are referred by an existing colleague.

Location:

243 Consumers Road, Toronto, Ontario, M2J 4W8

At Shoppers Drug Mart, we’re innovating health and wellness in Canada. From prescriptions to walk-in clinics, and a beloved loyalty program, we’re caring and supporting our customers in new ways every day.
With more than 1,300 locally owned and operated stores from coast to coast, the Shoppers Drug Mart network is more than a great place to shop, it’s a great place to work.  We’re committed to building our talented team who champion collaboration, kindness and inclusivity. Join our team, and help recognize a healthy future for your career and for all Canadians.

Why this role is important?

Reporting to the Senior Manager on Pharmacy Pricing, you will analyze and develop prescription pricing strategies by province while supporting strategic, legislative and contractual requirements of the company.  You will identify margin opportunities and conduct impact analysis to provide supporting documentation and individualized location/customer impact reports.  Pricing recommendations are developed and implemented with the guidance and support of the Operations and other pharmacy teams.

What You'll Do:

• Identify strategic gross margin initiatives by province and payor and conducts detailed analysis to support initiatives including the analysis of pricing and the identification of potential regulatory or policy risk
• Manage retrieval of data and generates and creates reports for business users and senior management to detail potential and actual financial impact of pricing initiatives
• Liaise with and coordinate central support and pharmacy level resources to develop and implement action plans to support new initiatives
• Execute and implement pricing strategies including the creation of documentation
• Establish pricing for new business acquisitions, and new pharmacy openings
• Liaise with the SDM Professional Affairs team to review and interpret government and third party contracts and reimbursement structures for potential changes to pricing and provide recommendations during negotiations
• Work directly with stores to support them with pricing and reimbursement issues

What You'll Need:

• Must be bilingual (French and English)
• Bachelor's Degree in Commerce/Business/ Finance/Math/Statistics or a related field
• Provide solutions by using imaginative approaches where constructive thinking and innovation are required
• Utilize decision making skills to determine the best use of resources and operational processes
• Proven analytical and problem-solving skills with great attention to detail
• Solid interpersonal skills and a collaborative style; comfortable dealing with all levels of management
• Strong verbal and written communication skills and presentation skills
• Advanced knowledge in performing data analysis using SQL, Excel, Access or related tools
• Proficient skills in producing effective reports, spreadsheets, documents and presentations using MS Office Suite (testing involved in recruitment process)
• Computer literacy desirable – quick familiarization with specialized software, basic understanding of application database structures, basic knowledge of enterprise networking solutions etc.
• Knowledge of pharmacy industry, prescription pricing principles or general insurance claim submission and reimbursement process looked upon favorably

Why work at Shoppers Drug Mart?

Acting as consultants, supporting internal customers and the Associate-Owners, you will get experience unique to the retail industry while working for an award-winning national brand.   Benefit from a purchase discount program, competitive pay and online learning through Academy.

Take ownership of your work and find more ways to care about your work, co-workers, customers and community.

How You’ll Succeed:

At Shoppers Drug Mart Inc., we seek great people to continually strengthen our culture.  We believe great people model our values, are authentic, build trust and make connections. 

If that sounds like you, and you are open-minded, responsive to change and up to the challenges provided in a fast-paced retail environment, apply today. 

Employment Type:

Full time

Type of Role:

Regular

Shoppers Drug Mart Inc. recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired.

In addition, we believe that compliance with laws is about doing the right thing.  Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.

Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.