Pricing Analyst at Culminate Consulting

Location: Ikeja, Lagos
Employment Type: Full-time

Main Responsibilities

• Lead and direct pricing strategy formulation and take necessary pricing actions to enhance profitability, ensuring integrity and accuracy in all pricing matters.
• Assist with pricing negotiations of customers’ proposals.
• Prepare clearly BAFO (Best and Final Offers).
• Conduct oral presentations, field research and cost revisions. This also requires thinking about the going rates for similar products in the industry, in order to remain competitive.
• Maintain and regularly update a pricing history database.
• Perform financial evaluation to assess pricing action effectiveness.
• Define new business procedures, evaluate resource requirements and stimulate implementation or maintenance of pricing system.
• Manage total pricing procedure, enhance processes to make most of efficiencies and ensure timely response to market conditions.
• Manage and supervise pricing analysts to support activities inclusive of new price generation and discrepancy resolution etc.
• Perform partnering with buyers, product managers and sales department to ensure integrated profit maximizing approach to market.
• Analyze financial impact of price approach in view of overall history as well as profitability of customer.
• Develop pricing strategy and models
• Establish criteria to achieve the best customer pricing

Job Requirements

• Bachelor's degree in a numerate discipline e.g. Statistics, mathematics et al
• 2-5 years’ experience in a similar role
• Good interpersonal skills
• Able to work independently and also in teams