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Job Purpose : Participate in applying innovative pricing approaches to drive price execution which inline with corporate objectives supporting enhancing the profitability margins of the organization.
Duties & Responsibilities:
- Assist in maintaining accurate pricing database and ensure alignment with company objectives
- Analyze costs of raw material and create cost-benefit analysis for changing vendors.
- Assist in analyzing the variance between estimate and actual cost to reach nearly equal values.
- Calculate tender offers securing maximum profitability without affecting company market share.
- Create reports specifying and comparing factors affecting prices and profitability of products or services.
- Anticipate price changes and supports product forecasts as part of annual operating plan process
- Participate in Preparing cost-benefit analysis of all new products and offer all available ways to improve profitability.
- Monitor cost structures related to partners on a regular basis and raise a flag with commercial team suggesting revised cost for the portfolio if needed.
- Maintain a good level of pricing intelligence, tracking pricing data, detecting trends and developing analytics to guide pricing decisions.
- Participate in Studying new markets prices for Export products and handle the execution of all export orders to fulfill requested products on agreed due date with all concerned parties
- Participate in setting the priority & follow up the technical designs of Artwork with information ensuring they are implemented in accordance with requested due date.
- Prepare follow-up reports on the expiry date of the raw materials in the stores and discuss the possibility of extending their validity date.
Experience: Not less than 1-2 years of relevant experience.Educational Background: Bachelor’s degree in business or finance, accounting, or a similar subject. CMA is a Plus. 3. Training: Costing hands on experience 4. Knowledge:Excellent understanding of accounting principles. Excellent practice on Microsoft office. Abilities:Computer skills.English LiteracyAbility to accurately prepare daily, weekly, monthly, quarterly, and annual reports.Behavioral Competencies:Business Acumen.Strong numerical abilityAdvanced Computer skillsAttention to detail.Analytical approach
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