Pricing Analyst in an E-commerce Company based in Lagos

Culminate Consulting - Our client, an E-commerce company is recruiting suitable candidate to fill the position below:

Job Title: Pricing Analyst

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).
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
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.