Global Cost Strategy Manager

5 days ago


Dubai, Dubai, United Arab Emirates Brilliance Supply & Trading DMCC Full time

Company Overview

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Brilliance Supply & Trading DMCC is a global leader in power supply and conversion for industrial and renewable applications. We have distinctive expertise in AC and DC power electronics for large-scale projects in power generation, infrastructures, nuclear, renewable energies, and oil & gas processes.

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We stand for rugged reliability and world-class engineering, with a presence in 14 countries and over 700 employees serving leading customers worldwide.

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Job Description

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The Costing & Pricing Manager is responsible for developing and managing services cost structures and pricing strategies to optimize revenue and profitability.

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This role involves detailed cost analysis, costing & pricing tools development, market research, and competitive pricing to support the company's financial goals.

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Main Responsibilities

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  • Develop and implement pricing tools & control mechanisms that align with the company's financial objectives and market conditions.\
  • Analyze market trends, competitor pricing, and customer demand to inform pricing decisions.\
  • Provide training to sales teams to value sell based on prices & not cost +.\
  • Conduct detailed cost and pricing analyses to determine the impact of pricing changes on revenue and profitability.\
  • Utilize data analytics and statistical models to forecast the impact of cost and pricing decisions.\
  • Perform scenario planning to assess various pricing and cost strategies.\
  • Perform market research to stay informed about industry trends, competitor pricing, and customer preferences.\
  • Develop insights from competitive analysis to inform both costing and pricing strategies.\
  • Identify market opportunities and threats, adjusting strategies accordingly.\
  • Develop and maintain costing and pricing tools, models, and guidelines to ensure consistency and accuracy in decisions.\
  • Provide costing and pricing guidance and support to the sales team during negotiations and proposal development.\
  • Prepare and present costing and pricing reports and analyses to senior management, highlighting key findings and recommendations.\
  • Develop pricing forecasts and budgets, ensuring alignment with overall business goals.\
  • Ensure costing and pricing strategies and practices comply with legal and regulatory requirements.\
  • Develop and enforce costing and pricing policies and procedures to maintain consistency and control.\
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Qualifications and Requirements

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  • Bachelor's degree in Business, Finance, Economics, Accounting, or a related field (Master's degree preferred).\
  • Proven experience in costing and pricing management, preferably in the service industry.\
  • Strong analytical and quantitative skills, with proficiency in data analysis tools and software.\
  • Excellent understanding of cost accounting principles, market dynamics, competitive analysis, and customer behavior.\
  • Strong financial acumen, with experience in financial modeling and forecasting.\
  • Excellent communication and presentation skills, with the ability to convey complex costing and pricing concepts to non-technical stakeholders.\
  • Detail-oriented, with strong organizational and project management skills.\
  • Ability to work collaboratively with cross-functional teams and influence decision-making.\

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