Assistant Pricing & Promotion Manager (ID: 714797)
The Assistant Pricing & Promotion Manager to support the Pricing Manager in overseeing pricing operations across assigned product categories. This role will serve as a key coordination and supervisory function within the Malaysia office, ensuring pricing accuracy, consistency, and timely execution across the business.
In addition to managing assigned product categories, the role will supervise and support the Pricing & Promotion Executive, review pricing proposals and analyses before escalation, and help streamline pricing processes and reporting to improve operational efficiency and decision-making.
Key Responsibilities
- Manage and maintain retail selling prices for assigned product categories
- Review pricing proposals, margin calculations, and price updates to ensure accuracy and compliance with company pricing guidelines before escalation to the Pricing Manager
- Prepare and maintain franchise, customer, and internal price lists
- Review supplier purchase cost changes and evaluate their impact on product margins
- Recommend pricing actions based on margin targets, market conditions, and commercial objectives
- Conduct competitor pricing surveys, market benchmarking, and pricing trend analysis to support business decisions
- Support pricing activities related to promotions, markdowns, new product launches, and special commercial initiatives
- Prepare pricing, margin, and commercial analysis reports for management review
- Coordinate with internal stakeholders to ensure timely and accurate pricing execution
- Serve as the key pricing contact within the Malaysia office and act as the primary liaison between local stakeholders and the Pricing Manager
- Supervise the day-to-day activities of the Pricing & Promotion Executive, including work allocation, prioritization, coaching, and performance support
- Review and validate pricing analyses, reports, and submissions prepared by the Pricing & Promotion Executive prior to escalation
- Provide guidance, training, and knowledge sharing on pricing processes, systems, and best practices
- Support continuous improvement initiatives to enhance pricing processes, reporting efficiency, data accuracy, and operational controls
- Perform ad-hoc pricing, commercial, and business analysis projects as assigned
Requirements
- Diploma / Degree in Business, Retail Management, Marketing, or related field
- Minimum 3-5 years of relevant experience in pricing, product management, or related functions
- Candidates with experience in coordinating projects, reviewing work, mentoring junior team members, or taking on informal leadership responsibility are encouraged to apply
- Prior experience in supervising, coaching, or leading junior team members will be an advantage
- Experience in FMCG, retail, distribution, consumer products, or manufacturing industries will be an added advantage
- Strong analytical, numerical, and problem-solving skills with the ability to translate data into actionable insights
- Good understanding of pricing principles, margin management, and profitability analysis
- Advanced proficiency in Microsoft Excel and experience working with large datasets
- Strong attention to detail and commitment to data accuracy
- Good communication and stakeholder management skills
- Able to work independently, prioritize tasks, and manage multiple deadlines in a fast-paced environment
- Demonstrated ability to coordinate cross-functional activities and drive execution across stakeholders