Pricing Analyst

Festo Pte Ltd; Singapore; Hybrid; SGD 60,000 - 80,000; Full time

Job summary

A leading global company in automation solutions is seeking a Pricing Analyst in Singapore. The successful candidate will manage and analyze pricing processes, ensure profitability through price maintenance and reporting, and collaborate with sales and marketing teams. Ideal applicants should have strong analytical skills and 3 years of relevant experience, preferably in an industrial B2B environment. The role offers a supportive work-life balance with remote working options.

Benefits

Teleworking twice a week

Professional development opportunities

Good working environment

Qualifications

• 3 years working in a similar field on business process management.
• Experience in an industrial B2B environment preferred.
• Strong analytical and mathematical skills.

Responsibilities

• Maintain base prices and recommended reselling price list.
• Prepare monthly pricing analysis and reporting.
• Provide pricing recommendations to sales departments.

Skills

Analytical skills

Mathematical skills

Verbal communication

Interpersonal skills

Business acumen

Tools

SAP Pricing Module

Job description

Pricing Analyst, is a role where the person is responsible for managing and analyzing pricing processes in SAP and Price Partners, ensuring profitability and competitiveness through price maintenance, reporting, and recommendations, while collaborating with sales and marketing teams, training staff on pricing systems, and continuously improving data quality and market insights.

Key Responsibilities

• Maintain the base prices (Net Prices) and Recommended Reselling Price List (RRP)
• Pricing Maintenance in Price partners (Global & Local)
• Managing any local price conditions for local sources / assembled products in SAP and support projects team
• Responsible for preparing monthly pricing analysis and reporting
• Responsible for operative enquiries for Pricing Topics, such as Minimum Transfer Price calculation and analysis, updating of price conditions, queries, uploading of settings, maintain approval process and tools, obtain price discounts, pricing analysis, campaign individual price calculations, etc
• Provide analysis for price levels for our products by considering internal profitability and external competitive price levels
• Proactive assistance to sales departments through pricing recommendations in generating profitable revenue for the company
• Create and/or optimize regular and ad hoc analyses/reports
• Responsible for the continuous improvement of pricing data quality
• Evaluate trends and competitive price structure
• Maintain and setup the Reference Pricing System
• Supporting in pricing issues of direct sales and distributor managers

Collaborations

• Participate in Pricing reviews for markets and industry segments
• Support product marketing team for product campaigns and new product introduction
• Conduct periodic training to Sales engineers on pricing systems, guidelines and processes

Working Experience

• 3 years working in similar field on business process management
• Industrial B2B environment would be desirable
• SAP Pricing Module knowledge/ experience will be an added advantage
• Strong business acumen
• Strong mathematical and analytical skills coupled with verbal and written communication, interpersonal

What you can expect from us

• You will be joining a German multinational with national and global prestige, recognized as a technological leader in the market of components and solutions for industrial automation.
• The reconciliation of family and professional life is important to us, which is why we have implemented teleworking twice/week.
• We respect rest time, favoring digital disconnection.
• You will be able to have a broad vision of the business through participation in transversal projects in which, in addition to learning, you will be able to contribute.
• Continuous improvement through training and professional development opportunities.
• Working in a good working environment. We are looking for people with a proactive attitude, a desire to learn, a spirit of self-improvement, a capacity for work and determination in decision-making.