Executive Pricing Manager
4 days ago
Al-Futtaim Group, established in the 1930s as a trading business, is one of the most diversified and progressive privately held regional businesses headquartered in Dubai, United Arab Emirates.
The company operates across five divisions: automotive, financial services, real estate, retail, and healthcare. With over 35,000 employees across 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.
To ensure continued growth and expansion, Al-Futtaim Group focuses on customer satisfaction, entrepreneurship, and relentless customer focus.
Responsibilities:
- Assist the pricing analyst in preparing quarterly and annual budgets
- Analyze monthly gross margin performance and identify potential issues
- Develop gross margin and revenue simulations for increases
- Oversee daily operations of the menu pricing solution
- Evaluate changes to job prices for financial viability
- Ensure compliance with standard operating procedures and obtain necessary approvals for new structures
- Support the B2C pricing manager in setting up new introduction pricing for new brands and models
- Maintain accurate pricing and margin positions within APP and SAP
- Deploy menu pricing discounts and structures through a dedicated system
- Collaborate with the B2C pricing manager in labor reviews and positioning
- Contribute to 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
- Initiate efforts to resolve issues around pricing and margin
- Optimize process efficiencies, including new logic for APP to ensure product alignment with business-approved logics
- Monitor competitors' activities and pricing
Requirements:
- Desirable experience in a pricing or finance role
- Strong commercial acumen, required to consider customer perspectives
- Ability to work independently and present problem-solving solutions
- Outstanding analytical and problem-solving skills
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