Commercial Pricing Specialist

Seremban Engineering Berhad; Seremban; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading trading company in Malaysia is seeking a Commercial Pricing Specialist to manage the procurement and sales intersections. The role focuses on pricing strategy and profitability for building materials. The ideal candidate should hold a Bachelor’s Degree, have 3+ years of relevant experience, and strong analytical and technical skills. This position offers an opportunity to work in a dynamic environment and influence key commercial decisions to boost profitability.

Qualifications

• 3+ years of experience in a pricing, costing, or commercial role within construction trading or steel fabrication is a plus.
• Experience operating within the SQL ERP system for inventory costing and price maintenance.
• Ability to build automated pricing models using advanced Excel techniques.

Responsibilities

• Scrutinize supplier quotes for accurate commercial terms.
• Establish pricing strategies and maximize profitability.
• Monitor global and local steel price indices.
• Provide accurate material cost estimates for large-scale projects.
• Conduct regular price benchmarking with preferred suppliers.
• Identify potential cost overruns and manage commercial risks.
• Maintain data integrity across sales and finance modules in SQL ERP.

Skills

Costing principles

Advanced Excel

Analytical mindset

Market knowledge of the construction supply chain

Education

Bachelor’s Degree in Finance, Quantity Surveying, Business Administration, or Engineering related to Construction

Tools

SQL ERP System

Job description

As a Commercial Pricing Specialist at MIE Material Resources Sdn Bhd (based in Puchong, Selangor), a core trading arm of the MIE Industrial group, you will manage the critical commercial intersection of procurement and sales. This role focuses on the high-volume trading of building and construction materials, alongside steel products, ensuring that every quotation issued to clients is both market-competitive and aligns with the company's profitability targets for 2026.

Key Responsibilities

• Quotation Analysis: Receive and scrutinize supplier quotes for a wide range of materials, including structural steel, reinforcement bars, cement, and general building materials, ensuring all commercial terms are accurate.
• Pricing Strategy & Profitability: Establish resale pricing by calculating "landed costs" (inclusive of logistics, duties, and handling) and applying strategic margins to maximize MIE’s profitability.
• Steel Market Monitoring: Actively track global and local steel price indices and commodity trends to mitigate risk and adjust pricing in real-time during volatile market periods.
• Tender & Project Costing: Collaborate with the engineering and procurement teams to provide accurate material cost estimates for large-scale infrastructure and industrial project bids.
• Vendor Benchmarking: Maintain a database of preferred suppliers and conduct regular price benchmarking to ensure MIE is sourcing at the most competitive rates.
• Commercial Risk Management: Identify potential cost overruns in long-term contracts and propose price escalation clauses or alternative sourcing strategies to protect margins.
• SQL ERP Management: Ensure all active material prices, vendor quotations, and profit margin rules are correctly updated and maintained within the SQL ERP System to ensure data integrity across the sales and finance modules.

Requirements & Qualifications

• Education: Bachelor’s Degree in Finance, Quantity Surveying, Business Administration, or an Engineering discipline related to Construction/Materials.
• Experience: Open to junior or mid-level candidates with a strong grasp of costing principles. 3+ years of experience in a pricing, costing, or commercial role within the construction trading or steel fabrication industries is an added advantage.
• Technical Proficiency:
  • ERP Expertise: Experience operating within the SQL Account / SQL ERP system for inventory costing, price maintenance, and report generation.
  • Advanced Excel: Ability to build automated pricing models using pivot tables and complex formulas to interface with ERP data.
  • Market Knowledge: Understanding of the Malaysian construction supply chain and the commercial drivers of the steel industry.
  • Analytical Mindset: Ability to process large volumes of vendor data and translate it into clear, profitable pricing decisions.

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