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Pricing Analyst

  • Location

    Rochdale, Greater Manchester

  • Sector:

    Manufacturing

  • Job type:

    Contract

  • Salary:

    £14.00 - £19.00 per hour

  • Contact:

    Morson Manufacturing

  • Contact email:

    mma@morson.com

  • Job ref:

    152495SKN_1540921014

  • Published:

    15 days ago

  • Duration:

    ongoing

  • Expiry date:

    2018-11-06

  • Start date:

    ASAP

  • Client:

    #

PRICING ANALYST - EMEA

ROLE DESCRIPTION

- Support the Business to develop, implement and execute pricing strategies across EMEA to deliver our 4321 growth strategy

- Conduct analysis & provide recommendation to drive successful pricing initiatives

- Ensure EMEA pricing policy, procedures and approvals are adhered to across EMEA

- Maintain, create, and communicate customer and product prices

- Drive continuous improvement on processes and ways of working

- Lead, develop and coach a team of 3 reports


KEY RESPONSIBILITIES

Pricing Management
- Support the EMEA Marketing Director in developing pricing strategy each year as part of STRAP & AOP process & as per global guidelines/processes

- Work with Product Managers and local/regional business leaders to create, maintain and manage product prices in line with category & country strategies

- Coordinate and support the monthly Management Operating System for pricing with Finance, Product Management and business leadership to refine and improve pricing across channels, categories, projects and product lines.

- Manage the review process of customer pricing. Ensure price changes are accurate, effectively implemented and communicated to all stakeholders to deadline.

- Track and collaborate with relevant departments to ensure FX, inflation and other material changes are proactively managed and captured within pricing actions.

- Ensure robust processes are maintained in the approval and implementation of customer pricing and acceptable margins are achieved.

- Manage price over-ride workflow and recommend corrective actions

- Manage the vendor price support and vendor partner discount schemes, liaise with sales, product management and finance to ensure the correct discounts are applied to customers are claimed and correctly accounted for.

Analysis & Reporting
- Analyse key price drivers and provide recommendations to business leadership to drive sales and margin (including market pricing feedback, transactional opportunities, FX, promotional pricing, pass through and price waterfall analysis)

- Create monthly/quarterly financial reporting metrics to track margin improvement from current plans being executed.

- Conduct competitor pricing analysis and recommendations on strategy and tactics

General
- Lead, develop and coach a team of 3 reports

- Apply sound financial discipline to all company operations to enhance profitability

- Administer corporate policies in a positive, constructive manner, including diligence around documentation, process and security controls

- Drive continuous improvement on processes and ways of working

- Drive compliance with company initiatives

- Other duties as required

Technical Skills Required
- BA/BSc in Business or Finance or a related field
- Minimum 3 years' experience in the Pricing Function implementing pricing strategy
- SAP experience essential
- Good working knowledge of analytical pricing tools, life cycle price management, pricing reporting and pricing data analysis
- Strong commercial awareness supported by exceptional analytical and statistical problem solving skills
- Experience with financial reporting a plus
- Project management capabilities, driving pricing programs
- Ability to understand the complexities involved in managing pricing across different geographical regions
- The willingness to travel and the sensitivity to work across a range of countries (up to 15% travel)
- Fluent English (written & oral) skills.
- Proficiency in MS Office (Word, Excel, Outlook etc)
- Advanced excel skills essential

Person Specification
- Highly driven and results orientated, prioritises workload accordingly to deliver results
- Assertiveness and ability to gain relevant information from colleagues
- Strong influencer, who gains buy in through both data and qualitative follow up
- Highly collaborative, works well in cross functional teams
- Excellent communication skills
- Ability to work independently and a team player
- Ability to manage own workload and prioritise accordingly

Pay rate - up to £19 ph