Pricing Manager at Frank Management Consult Ltd

Responsibilities

• Oversee the pricing needs of the Company by developing and implementing pricing strategies that enhance profitability
• Identify the best pricing schemes for the company's products offerings.
• Conducting market research on competitor pricing for similar items, reviewing previous sales data and company revenue needs and deciding a market price for a range of products based on findings.
• Study the target market and their spending behavior
• Coordinate with different departments to get the cost of sales and operational costs.
• Participate in pricing negotiations to ensure that the company gets the best deals
• Analyzing price change requests from the sales team and suppliers by evaluating margin impact, potential incremental volume, and competitor price levels
• Support creation of promotional campaigns
• Compare sales trends to previous periods and determine the cause for decrease or increase
• Maintain and update regularly pricing history database
• Perform financial evaluation to assess pricing actions effectiveness.
• Define pricing business procedures and ensure implementation and maintenance of an efficient pricing system that will respond timely to market conditions
• Partner with, purchasing and sales teams to ensure a profit maximizing approach to market.

Key Requirements

• Degree in Business Administration or a related field.
• Certified Public accountant
• At least 5 years prior experience in a similar role including solid exposure to managing pricing processes, implementing pricing initiatives, and creating a pricing process documentation.
• You possess a strong understanding of pricing strategies and concepts.
• Working knowledge of Excel and other office applications

Skills

• Analytical:Posses strong analytical skills, are comfortable dealing with numerical data, and have strong attention to detail
• Communication:Posses excellent communication, negotiation, and stakeholder management skills.
• Detail-oriented:The ability to pay close attention to detail while remaining accurate.
• Problem-solving:Have good problem-solving skills
• Team work - A desire and ability to work collaboratively with others to accomplish daily goals