Office Administrator

Brilliance Supply & Trading DMCC; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

Join a forward-thinking company as a Global Cost & Pricing Manager, where you will play a pivotal role in shaping pricing strategies that drive revenue and profitability. This exciting position involves developing pricing tools, performing market analysis, and providing insights that influence key business decisions. You'll collaborate with cross-functional teams to ensure pricing strategies align with market trends and company goals. If you have a strong analytical mindset and a passion for financial strategy, this role offers a unique opportunity to make a significant impact in a dynamic industry.

Qualifications

• Bachelor's degree in a relevant field; master's preferred.
• Proven experience in costing and pricing management.

Responsibilities

• Develop and implement pricing tools aligned with financial objectives.
• Conduct detailed cost and pricing analyses to inform decisions.

Skills

Analytical Skills

Financial Acumen

Communication Skills

Project Management

Education

Bachelor’s degree in Business, Finance, or related field

Master’s degree in Business or related field

Tools

Data Analysis Tools

Job description

GLOBAL COST & PRICING MANAGER at AEG Power Solutions

WE POWER ON

AEG Power Solutions, an independent international company, is a global leader in power supply and conversion for industrial and renewable applications with distinctive expertise in AC and DC power electronics for large-scale projects in power generation, infrastructures, nuclear, renewable energies, and oil & gas processes. Since its foundation more than a century ago, AEG Power Solutions stands for rugged reliability and world-class engineering. With a presence in 14 countries, over 700 employees serve leading customers worldwide.

Position Overview

The Costing & Pricing Manager is responsible for developing and managing services cost structures and pricing strategies to optimize revenue and profitability. This role involves detailed cost analysis, costing & pricing tools development, market research, and competitive pricing to support the company’s financial goals.

Main Responsibilities

1. Develop and implement pricing tools & control mechanisms that align with the company’s financial objectives and market conditions.
2. Analyze market trends, competitor pricing, and customer demand to inform pricing decisions.
3. Provide training to sales teams to value sell based on prices & not cost +.
4. Conduct detailed cost and pricing analyses to determine the impact of pricing changes on revenue and profitability.
5. Utilize data analytics and statistical models to forecast the impact of cost and pricing decisions.
6. Perform scenario planning to assess various pricing and cost strategies.
7. Perform market research to stay informed about industry trends, competitor pricing, and customer preferences.
8. Develop insights from competitive analysis to inform both costing and pricing strategies.
9. Identify market opportunities and threats, adjusting strategies accordingly.
10. Develop and maintain costing and pricing tools, models, and guidelines to ensure consistency and accuracy in decisions.
11. Provide costing and pricing guidance and support to the sales team during negotiations and proposal development.
12. Prepare and present costing and pricing reports and analyses to senior management, highlighting key findings and recommendations.
13. Develop pricing forecasts and budgets, ensuring alignment with overall business goals.
14. Ensure costing and pricing strategies and practices comply with legal and regulatory requirements.
15. Develop and enforce costing and pricing policies and procedures to maintain consistency and control.

Qualifications and Requirements

1. Bachelor’s degree in Business, Finance, Economics, Accounting, or a related field (Master’s degree preferred).
2. Proven experience in costing and pricing management, preferably in the service industry.
3. Strong analytical and quantitative skills, with proficiency in data analysis tools and software.
4. Excellent understanding of cost accounting principles, market dynamics, competitive analysis, and customer behavior.
5. Strong financial acumen, with experience in financial modeling and forecasting.
6. Excellent communication and presentation skills, with the ability to convey complex costing and pricing concepts to non-technical stakeholders.
7. Detail-oriented, with strong organizational and project management skills.
8. Ability to work collaboratively with cross-functional teams and influence decision-making.