Pricing Analyst

Multivista Global Pvt. Ltd.; Chennai, Coimbatore; On-site; INR 700,000 - 1,000,000; Full time

Job summary

A global leader in pricing analytics seeks a Pricing Analyst in Chennai to improve the bottom line through market intelligence and pricing strategies. The candidate should have 4-6 years of experience and produce analytical insights to support pricing decisions. This role demands strong problem-solving skills, a MS-Excel proficiency, and the ability to lead teams in a dynamic environment.

Qualifications

• 4 to 6 years of experience in a related field.
• Automation knowledge is preferred.
• Ability to multi-task and handle competing priorities.
• Strong innovative approaches to problem solving.

Responsibilities

• Conduct pricing analytics and provide price recommendations.
• Perform margin alert and performance benchmarking.
• Maintain and update pricing databases.

Skills

Problem-solving skills

Analytical skills

Stakeholder management

Financial analytical skills

Leadership skills

Communication skills

Creativity

Education

Bachelor’s/Master’s degree in statistics/accounts/commerce

Tools

MS-Excel

Job description

Job Description:

This position requires a blend of problem-solving skills, analytical skills and strong stakeholder management with commercial mindset to improve ABU’s bottom line & drive pricing excellence with Product specialist, APR managers & sales team.

Dimensions:

1. Pricing Analytics & Competitor intelligence:

o To review historical trend and to provide forward looking trends on margins.

o To provide price recommendations based on various parameters such as but not limited to historical trends, project size pricing, segmented models etc.

o Maintenance of competitor intelligence database & historical simulation.

Also recommend pricing actions based on that.

o Line wise profitability analysis at cogs level & develop a P&L model to arrive at line wise financial health

2. Price Support Review:

o Price support reviews for effectiveness in driving sales performance using different statistical approaches. (such as discount/rebates analysis and tactical pricing such as ad-hoc discounts)

o To conduct PIR (Post Investment Review) for large project orders keeping in mind the payment cycle.

3. Margin Alert:

o To review low and negative margin Customer-SKUs (Stock Keeping Unit) including root-cause and trend analysis.

o Track Pricing vs COGS & FX movements and recommend pricing actions to offset shortfall, if required.

o Mid-month margin alert on SKUs with poor performance using root-cause

4. Performance Benchmarking:

o Review prices of runner SKUs across product family and align with price maps

o Review internal pricing against external competitors

o Review of OEM, SI, EU & Channel within APR and across ABU

5. Update prices in DMAP (Deal Management and Pricing):

o Develop a special price approval process for ABU – SPAR

o Special price updates in SAP and check against target margins

o Evaluate floor prices at customer-SKU level to identify value leakages

o Arrive at back stop pricing by customer line (OEM, EU, Dealer) etc for ease of offer submission

Requirements:

– Bachelor’s/Master’s degree specializing in statistics/accounts/commerce with 4 to 6 years of experience.

– Automation knowledge is definitely an added advantage.

– Automation business knowledge/experience preferred

– Excellent financial and business analytical skills with ability to see beyond the numbers

– Excellent communication and interpersonal skills to work efficiently in a team environment.

– Good working knowledge on MS-Excel and other related tools

– Ability to multi-task and handle competing priorities

– Creativity and innovativeness in approaches to problem solving.

– Strong leadership skill, ability to lead a team and work with multiple stakeholders both inside and outside the organization.

Successful candidate must be able to:

– Work in a team environment

– Successfully handle challenging requirements and tight deadlines while maintaining quality

– Maintain flexibility and be responsive to changing business needs, priorities and reporting requirements

– Learn and adapt quickly