Pricing Analyst at JMG

Job Description

• We are looking for a pricing analyst who will contribute strategically to our pricing strategy and profitability. The successful candidate will be responsible for determining the appropriate pricing for company products based on a variety of factors, carry out market research to study competitor prices for similarproducts, review sales data and decide on a market price for a range of products based on their evaluation.

Duties

• Price audit and quotation approval of the company’s products.
• Analyze pricing data from industry standards, previous sales trends and competitors and report data to decision-makers.
• Identify marketing strategies to increase profits, monitor industry benchmarks and changes that may impact pricing strategies.
• Develop measurement tools to identify changing market trends.
• Identify appropriate sales and clearance prices to increase customer traffic.
• Compare sales trends to previous periods and determine the cause for decrease or increase.
• Monitor industry benchmarks and changes that may impact pricing strategies.

Qualifications

• Bachelor’s degree in business Admin, statistics or related field
• Min 3-5 years of experience as a pricing analyst or a similar analytical role in a manufacturing and sales firm or FMCG.
• Knowledge of mechanical and electrical product pricing strategies, market dynamics and financial modelling is an added advantage.

Competencies:

• Strong Analytical and quantitative skills.
• Excellent communication and presentation skills.
• Flexible.
• Great attention to detail.
• Deadline-Oriented.
• Trustworthy and dependable.