Commercial Pricing Manager at Rosabon Financial Services (RFS) Limited

Rosabon Financial Services (RFS) Limited is an Award winning Rosabon Financial Services is member of the Concept Group is licensed by the Central Bank of Nigeria, CBN on April 22, 1993, and being a long-standing member of the Equipment Leasing Association of Nigeria (ELAN), the organization has evolved into Nigeria’s leading Non-Banking Financial Intermediary and Equipment Leasing firm focused on niche and general markets.

We are recruiting to fill the position below:

Job Title: Commercial Pricing Manager

Location: Lagos
Employment Type: Full-time

Job Summary

• The Commercial Pricing Manager plays a pivotal role in driving profitability and revenue growth for the company by developing and implementing effective pricing strategies.
• They are responsible for analyzing market dynamics, assessing competitor pricing strategies, and optimizing pricing models to maximize profitability while maintaining competitiveness.
• The role requires a strong analytical mindset, strategic thinking, and excellent communication skills to collaborate across departments and drive alignment with overall business objectives.

Responsibilities

• Market Analysis: Conduct thorough market research to understand customer demand, industry trends, and competitor pricing strategies.
• Price Setting: Develop pricing strategies across all products that align with business goals and objectives, considering factors such as costs and desired profit margins.
• Performance Monitoring: Track key performance indicators (KPIs) such as sales volume, revenue, profit margins, and market share to assess the effectiveness of pricing strategies.
• Cross-functional Collaboration: Work closely with cross-functional teams to ensure alignment of pricing strategies with overall business objectives and market dynamics.
• Strategy Development: Develop and implement pricing strategies for new product launches, promotional campaigns, and market expansions.
• Process Improvement: Identify opportunities to streamline pricing processes and systems to enhance efficiency and accuracy
• Price Optimization: Continuously monitor pricing data and performance metrics to identify opportunities for price optimization and revenue maximization.
• Competitive Analysis: Analyze competitor pricing strategies and adjust pricing tactics accordingly to maintain competitiveness in the market.
• Revenue Management: Collaborate with sales, product and Research and Development teams to develop pricing tactics that drive sales volume and revenue growth.

Requirements

• Bachelor's Degree in Business Administration, Finance, Economics, Marketing, or a related field. A Master's degree or MBA may be preferred for some positions.
• 3-5 years of experience in pricing analysis, revenue management, or related roles, preferably in the financial service industry.
• Demonstrated track record of success in driving revenue growth and profitability through effective pricing strategies.
• Experience in cross-functional collaboration with sales, marketing, finance, and product management teams.
• Familiarity with regulatory and compliance requirements related to pricing and contracts.
• Proficiency in statistical analysis, financial modeling, and forecasting techniques to assess pricing strategies and their impact on profitability.
• Professional certifications such as Certified Pricing Professional (CPP) or Certified Pricing Strategy Analyst (CPSA) may be advantageous.
• Experience with pricing strategy development, implementation, and optimization.

Salary
N12,000,000 - N17,000,000 annually

How to Apply
Interested and qualified candidates should forward their CV to: [email protected] using the Job Title as the subject of the mail