Pricing Analyst
4 days ago
Established in the 1930s as a trading business, Al-Futtaim Group has grown into one of the most diversified and progressive privately held regional businesses headquartered in Dubai, United Arab Emirates.
The company is structured into five operating divisions; automotive, financial services, real estate, retail, and healthcare. With more than 35,000 employees across over 20 countries in the Middle East, Asia, and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands.
With a focus on customer satisfaction and growth, Al-Futtaim Group continues to expand its operations by upholding values such as respect, excellence, collaboration, and integrity.
Key Responsibilities:
- Support the pricing analyst in preparing quarterly and annual budgets
- Review and analyze monthly gross margin performance and identify potential issues
- Provide gross margin and revenue simulations for increases
- Manage daily operations of the menu pricing solution
- Ensure changes to job prices are financially modeled
- Ensure all activities are in accordance with standard operating procedures and approvals are obtained for new structures
- Support the pricing analyst – B2C pricing manager in setting up new introduction pricing for new brands and models
- Maintain and update pricing and margin positions within APP and SAP
- Maintain and deploy menu pricing discounts and structures through a dedicated system
- Support the B2C pricing manager in labor reviews and positioning
- Support competitive and profitable pricing setups of new tier 2 job offerings
- Manage revisions of fixed package prices and menu pricing in line with annual processes and cost changes
- Take initiatives to identify and resolve issues around pricing and margin
- Identify and refine process efficiencies, including new logic for APP ensuring products remain in line with business-approved logics
- Report competitors' activities and pricing
Required Skills and Qualifications:
- Previous experience in a pricing or finance-related position is desirable
- Commercially minded, required to think in the shoes of a customer and how decisions could impact them
- Ability to use own initiative and present solutions to problems
- Excellent analytical and problem-solving skills
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