Main duties:
- Evaluating data from various sources to inform pricing strategies and market trends.
- Conduct competitor analysis of similar products and services to increase market share and profitability.
- Scope of opportunities Identify ideal pricing structures and optimal price points based on market trends and industry conditions
- Develop strategic pricing plans and processes to improve existing pricing structures
- Applying statistical/mathematical modeling methods to determine potential impact of pricing strategy on profitability/sales of portfolio
- Create reports showing different metrics
- Effective communication of findings to appropriate departments within the company
- Work with the sales and marketing team to determine the pricing structure for the company’s products
- Address issues and concerns raised by team members regarding pricing proposals
- Forecast revenue and market share based on market trends, product costs, profit margins and sales volumes.
- Collaborate with sales and marketing departments to develop and implement competitive pricing strategies.
- Development of dynamic pricing tools, business models for effective response to changing market needs and trends
- Maintain knowledge of pricing analysis methods and industry trends.
- Provide support to other commercial departments in all matters related to data analytics and reporting
- Preparation of various types of reports
- Provide analysis of actual business performance and plans, particularly in the commercial area
Qualification requirements:
- Bachelor’s degree in business administration or related field (mathematics, statistics, finance, economics) MBA is a plus
- At least 2+ years of experience in the same field (price analyst, data analyst, financial analyst)
- Advanced knowledge of Microsoft Excel (VBA experience is a plus)
- Technical and mathematical skills
- Knowledge of statistical methods and data analysis
- Analytical and logical reasoning
- Knowledge of Business Intelligence (BI) software (SAP BO and MS Power BI is a plus)
- Good knowledge of other MS Office software
- Excellent communication and presentation skills
- Enthusiastic and active team player
- Experience in FMCG industry is a plus
- Fluency in English.