Analyze Pricing Data 

·        Use quantitative and qualitative methods to analyze pricing history/ trend

·        Provide analytical breakdowns of pricing structures and sales funnels (price elasticity of demand based on customer segment) 

Develop Forecasts and Models 

·        Play a role in revenue forecasting by using statistical models to evaluate the potential impact of pricing strategies on margins, costs and thereby profitability and sales volume 

 Monitor Industry Trends & Develop Pricing Tools 

·        Stay informed of industry/ competition price trends and recommend pricing strategies in line with these trends

·        Use/ develop dynamic pricing tools that enable the company to quickly respond to market trends

Ensure Effective Communication Internally & Externally 

·        Close communication with CS and business/ commercial teams to address the matters raised by customers regarding pricing 

·        Review and record price deviations and exceptions for future alignment with commercial team

Present Findings to Key Decision Makers 

·        Translate data into actionable information through written reports and visual presentations as a key decision enabler

 

Requirements

·        At least a bachelor's degree in mathematics, statistics, finance, economics, business or other related fields

·        Minimum 3 years of experience as a pricing/ financial analyst preferably in a similar industry

·        Analytical mindset with a strong passion for research to stay updated of market dynamics

·        Excellent command of statistical methods to derive insights from multiple data sources and use them to develop models and provide pricing advice

·        Extensive understanding of revenue forecasting and profitability metrics

·        Effective communication techniques ensuring collaboration with relevant functions 

·        Exceptional knowledge of MS Office (Word, Excel, Outlook, and PowerPoint), knowledge of Power BI or other visualization tools is a plus

·        Experience in team leadership would be a plus