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Pricing Analyst

Employer
Confidential
Location
Bangalore Bengaluru Karnataka, Karnataka, India
Salary
Competitive Salary
Closing date
Aug 13, 2024
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Job Role
Commercial Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
We are looking for an innovative pricing analyst to increase our business competitiveness and profitability. In this role, you will be analyzing competitor pricing, preparing market share and revenue forecasts, comparing the outcomes of different pricing strategies and translating pricing data into actionable profit-enhancing strategies.

You should possess sound knowledge of quantitative and qualitative data analysis methods .

Key Responsibilities


  • Assessing data from a variety of sources to gain insights into pricing strategies and market trends.
  • Analyzing competitor pricing and market trends to increase market share and profitability.
  • Tracking customer engagement to develop effective pricing strategies for products and offerings.
  • Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.
  • Recommending pricing strategies that align closely with market trends and identifying new market segments.
  • Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes.
  • Collaborating with different departments Data team, growth Teams, category / Procurement teams to understand business objectives and translate them to data driven solutions .
  • Keeping informed on pricing analysis methods and industry trends.

Requirements

  • A bachelor's degree in Finance, economics, Business or related field
  • A minimum of 3 years of experience as a pricing analyst with Retail analyst experience.
  • In-depth knowledge of statistical methods and data analysis.
  • Extensive experience in analyzing pricing strategies and forecasting revenue and market share.
  • Good in Excel, power points, Tableau, Power BI
  • Ability to keep abreast of industry trends and develop dynamic pricing tools.
  • Advanced ability to present pricing analysis reports to relevant stakeholders.
  • Excellent analytical and communication skills.

Skills: Data Analysis, Pricing Strategies, Power Bi, Tableau, Analytical Skills, Excel, Communication Skills, market share

Experience: 3.00-5.00 Years

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