Job title: OTC - Pricing Assistant Manager - Chennai
Job Requirements & Key Responsibilities
- 7+ years of experience in Pricing / Commercial Finance / FP&A / Contracting
Experience In Global And Client-facing Environments Preferred
- Strong financial modelling and analytical skills
- Working knowledge of P&L, cost structures, and margin optimization
- Advanced Excel skills; experience with data visualization tools is a plus
- ERP exposure (SAP, Oracle, or equivalent systems)
- Strong understanding of pricing strategies (cost-based, value-based, competitive pricing)
- Ability to work under deadlines and manage multiple deals simultaneously
Pricing Strategy & Execution
- Develop and implement pricing strategies (strategic, tactical, and margin-based)
- Analyse customer requirements, willingness to pay, and budget constraints
- Align pricing decisions with revenue and profitability targets
- Continuously refine pricing models based on performance and market feedback
Deal Support & Commercial Structuring
- Partner with Sales teams to support RFQ/RFP responses
- Build pricing models, proposals, and commercial constructs
- Structure deals that maximize win probability while maintaining margins
- Act as a trusted advisor to Sales for commercial negotiations
Financial Analysis
- Perform cost analysis (fixed vs. variable costs) and profitability assessment
- Conduct margin, break-even, and pricing sensitivity analysis
- Evaluate P&L impact for different pricing scenarios
- Provide insights and recommendations to improve financial outcomes
Contract & Pricing Governance
- Review pricing terms in contracts to ensure policy compliance
- Manage pricing lifecycle activities: renewals, amendments, repricing, and extensions
- Ensure adherence to internal pricing guidelines and approval frameworks
- Mitigate risks related to pricing deviations or contract inconsistencies
Market & Competitive Analysis
- Analyse competitor pricing and industry benchmarks
- Monitor market trends and economic conditions aspect pricing
- Provide insights to enhance competitive positioning
- Support strategy updates using data-driven market intelligence
Stakeholder Engagement
- Collaborate with Sales, Delivery, Finance, Legal, and Contracting teams
- Serve as a pricing advisor to internal stakeholders and leadership
- Coordinate with global teams for alignment on pricing strategies
- Communicate complex pricing concepts in a clear and actionable manner
Reporting & Controls
- Maintain pricing documentation, approvals, and audit trails
- Track key metrics (revenue, margin, win rate, turnaround time)
- Identify risks and proactively escalation issues
- Ensure strong governance and compliance frameworks are followed