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Pricing Analyst , Used Car Sales

Syarah

Riyadh

On-site

SAR 150,000 - 200,000

Full time

Yesterday
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Job summary

A digital car buying company in Riyadh is seeking a Pricing Analyst to support pricing strategies for vehicle procurement and sales. The successful candidate will analyze market data, monitor pricing performance, and provide insights to optimize profitability. Applicants should have a Bachelor's degree in a relevant field, strong analytical, and communication skills, with experience in data analysis tools being a plus. Join a fast-growing team committed to transforming the car buying experience in the region.

Qualifications

  • Strong analytical skills to interpret complex data sets.
  • Experience with data analysis tools is beneficial.
  • Prior experience in pricing or the automotive industry is advantageous.

Responsibilities

  • Assist in developing and maintaining pricing models.
  • Analyze historical sales and inventory data.
  • Conduct competitive analysis to support pricing decisions.

Skills

Analytical skills
Proficiency in Excel
Problem-solving abilities
Communication skills
Collaboration

Education

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

Tools

BI tools
Job description

Syarah is on a mission to change how people buy their cars in Saudi and the Middle East. We offer buyers an end-to-end digital car buying experience where they can buy their next car from the comfort of their living rooms. Under the hood, we build systems to manage sourcing of cars, inspection, photography, merchandising, reconditioning, financing, insurance, shipping and many more. Our goal is to turn car buying into an experience of delight, comfort and peace of mind.

We are on the lookout for ambitious, competitive, growth-minded professionals to help us continue to harness technology to delight our customers and achieve our ambitious growth objectives in the auto sector.

Syarah employees are expected to work in accordance with Syarah core values: Tolerance, Transparency, Respect, Integrity and Positivity.

About the Role

We are seeking a highly analytical and detail-oriented Pricing Analyst to join our rapidly growing used automotive business in Riyadh. In this role, you will support the Pricing Manager in developing and executing pricing strategies for both vehicle procurement (from fleets and individuals) and sales (via auction and the company website). You will play a key role in analyzing market data, monitoring pricing performance, and providing actionable insights to optimize profitability, sales volume, and market competitiveness.

Key Responsibilities
  • Pricing Support & Data Analysis
    • Assist the Pricing Manager in developing and maintaining pricing models for vehicle procurement and sales.
    • Analyze internal data, including historical sales, inventory levels, and vehicle condition reports.
    • Research external market data such as competitor pricing, depreciation trends, and consumer demand to support pricing recommendations.
    • Monitor and track key performance indicators (KPIs), providing regular reports to the Pricing Manager.
    • Identify opportunities to optimize pricing for different sales channels, including company website and B2B auctions.
  • Market Research & Reporting
    • Conduct competitive analysis and market research to support strategic pricing decisions.
    • Prepare reports, dashboards, and summaries to provide insights on pricing performance and trends.
    • Assist in refining data sources and tools used for pricing analysis to improve accuracy and responsiveness.
  • Collaboration & Operational Support
    • Work closely with Sales, Sourcing, and Operations teams to ensure pricing decisions align with business objectives.
    • Support daily pricing operations, including data extraction, model updates, and pricing adjustments.
    • Contribute to the continuous improvement of pricing processes and methodologies.
Requirements
  1. Bachelor’s degree in Finance, Economics, Business, Statistics, or a related field.
  2. Strong analytical skills with the ability to interpret complex data sets.
  3. Proficiency in Excel and/or data analysis tools; experience with BI tools is a plus.
  4. Excellent attention to detail and problem-solving abilities.
  5. Strong communication skills and ability to work collaboratively in a team.
  6. Prior experience in pricing, finance, or the automotive industry is a plus but not required.
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