Job Title: Executive – Pricing

Location: Coimbatore.

Experience: 1-3 years

Reporting to: Assistant Manager

Job Summary:

The Executive – Pricing will be responsible for analyzing market trends, developing pricing strategies, and ensuring the company remains competitive in the marketplace. This role requires a keen eye for detail, strong analytical skills, and the ability to work collaboratively with various departments to optimize pricing models and maximize profitability.

Key Responsibilities:

Pricing Strategy Development:

• Develop and implement pricing strategies for products/services.
• Analyze market trends, competitor pricing, and customer preferences.
• Work closely with the sales and marketing teams to align pricing strategies with market demands.

Market and Data Analysis:

• Conduct thorough market research to gather data on pricing trends and competitor strategies.
• Analyze historical data and forecast future pricing trends.
• Monitor industry developments and economic factors that impact pricing.

Financial Analysis:

• Perform cost analysis and profitability assessments for products/services.
• Develop pricing models and conduct scenario analysis to assess the impact of different pricing strategies.
• Provide financial insights and recommendations to senior management for pricing adjustments.

Collaboration and Communication:

• Collaborate with cross-functional teams including sales, marketing, finance, and product 
• Communicate pricing strategies and changes to relevant stakeholders.
• Ensure transparency and consistency in pricing across the organization.

Reporting and Documentation:

• Prepare regular reports on pricing performance and profitability.
• Maintain accurate records of pricing decisions and rationale.
• Provide detailed documentation and analysis for audit purposes.

Qualifications:

• Bachelor’s degree in Business Administration, Finance, Economics, or related field.
• 1-3 years of experience in pricing analysis, financial analysis, or a related field.
• Strong analytical and quantitative skills.
• Proficiency in Microsoft Excel and other data analysis tools.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Attention to detail and strong organizational skills.

Preferred Qualifications:

• Experience in the [specific industry if known] industry.
• Knowledge of pricing software and tools.
• Advanced degree (MBA or similar) is a plus.