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Pricing Manager
The vacancy has expired
- LocationJeddah, Saudi Arabia
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IndustryOil & Gas
Job Description
Key Responsibilities:
- Develop and implement pricing strategies to optimize profitability and market share.
- Utilize simulation pricing models to forecast and evaluate the impact of pricing decisions.
- Structure and maintain pricing models that reflect the competitive landscape and company objectives.
- Analyze market trends, competitor pricing, and customer data to inform pricing strategies.
- Monitor and manage profit margins, ensuring pricing strategies support overall financial goals.
- Conduct regular reviews and adjustments of pricing models to respond to market changes and internal financial targets.
- Prepare and present pricing analysis and recommendations to senior management.
- Implement pricing changes and ensure seamless execution across all relevant departments.
- Provide training and support to sales and customer service teams on pricing policies and strategies.
Qualifications:
- Bachelor's degree in Business, Economics, Finance, or a related field. Advanced degree preferred.
- Proven experience in pricing strategy, ideally within the lubricants or related industry.
- Strong understanding of simulation pricing models and their application.
- Demonstrated ability to structure and manage pricing models effectively.
- Hands-on experience in handling margins and optimizing profitability.
- Ability to work independently and make data-driven decisions.
- Proficiency in relevant software and tools, such as Excel and pricing software.
Note: This job description is tentative and subject to change as the organization refines its needs and requirements.
