Senior Pricing Strategist
5 days ago
Overview
Nityo Infotech is a dynamic organization seeking an experienced Pricing and Market Analysis Lead to drive strategic growth through data-driven insights.
Job Description:
We are looking for a highly skilled Senior Pricing Strategist to join our team. As a key member of our pricing department, you will be responsible for developing and implementing pricing strategies that maximize revenue and profitability.
Responsibilities:
- Manage the overall AMEA price gain/loss plan, working closely with the pricing director to develop and execute strategic plans.
- Lead and/or support strategic initiatives and strategies, such as long-tail pricing, price/margin analysis, list-less pricing, freight pricing, MNC pricing, Power/Risk frameworks, and more.
- Adept best-practice strategies and frameworks to maximize price realization and make informed pricing decisions.
- Collaborate with key functions such as product marketing, life-cycle management, regional sales, and finance to assess current pricing strategies and implement plans to address gaps or optimization opportunities.
- Support negotiations and analysis for long-term contracts.
- Deploy and drive adoption of tools that ensure data accuracy, decision quality, and operation efficiency of pricing and discount processes.
- Drive improvements in pricing processes and policies including deal management and approvals.
- Initiate, plan, and execute projects.
- Monitor, analyze, and report on a regular basis - price realization versus budget commitments by market segments, region, customer, model, etc.
- Maintain comprehensive pricing data and reporting system for AMEA and collaborate with global systems team.
- Monitor rebate application process. Coordinate with sales and finance teams on rebate analysis and track progress on status of rebate agreements.
- Provide timely updates of rebate and price/volume position of rebate agreements for executive decision making.
- Monitor process performance by gathering relevant data and producing statistical reports.
- Identify and track key pricing metrics to improve visibility of results.
- Prepare executive presentations and support for key management planning meetings.
- Support sales staff with materials and tools required to improve price realization.
- Conduct basic training on pricing programs, processes, tools, and best practices.
- Coach and mentor analysts in a functional/technical capacity.
- Assist with onboarding of new analysts.
Requirements:
- Bachelor's degree in finance, economics, or a related field.
- At least 6 to 8 years of experience in a pricing or pricing-related role, preferably within the banking and financial services industry.
- Demonstrated proficiency in data analysis, financial modeling, and strategic pricing techniques.
- Excellent problem-solving and critical thinking skills, with the ability to translate data into actionable insights.
- Strong communication and presentation skills, with the ability to effectively convey complex pricing strategies to stakeholders.
- Familiarity with pricing software and tools, such as pricing optimization software or Excel-based pricing models.
- A customer-centric mindset and the ability to balance business objectives with customer needs.
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