Pricing Analyst
Job Reference: 31469-Pricing analyst
Company: RecruitArab - recruiter
Industry: Education
Job Title: Pricing Analyst
Location: Dubai, UAE
Closing Date: 2024-09-18
Application Submission: apply@emiratesrecruiter.com
Job Summary:
We are seeking a dynamic and detail-oriented Pricing Analyst to join our team in the education sector based in Dubai. The ideal candidate will be responsible for analyzing pricing strategies, conducting market research, and providing insights to optimize revenue and enhance competitive positioning. This role requires strong analytical skills, proficiency in data analysis tools, and the ability to work collaboratively across departments.
Key Responsibilities:
- Pricing Strategy Development: Collaborate with the marketing and sales teams to develop competitive pricing strategies that align with the organization's goals and market conditions.
- Market Research: Conduct thorough market research to analyze competitor pricing, market trends, and educational product demand. Utilize findings to make recommendations for pricing adjustments.
- Data Analysis: Analyze large datasets to identify pricing performance metrics and trends. Use statistical methods to forecast pricing outcomes and assess the impact on profitability.
- Financial Modeling: Develop and maintain financial models to simulate pricing scenarios, assess pricing elasticity, and evaluate the potential impact of pricing changes on revenue and market share.
- Reporting: Prepare and present detailed reports on pricing strategies, market conditions, and financial performance to senior management. Provide actionable insights and recommendations based on data analysis.
- Cross-Functional Collaboration: Work closely with Product Development, Marketing, and Sales teams to ensure pricing strategies are effectively implemented and aligned with overall business objectives.
- Policy Development: Assist in the development of pricing policies and guidelines to ensure consistency and compliance across the organization.
- Performance Tracking: Monitor and evaluate the effectiveness of pricing strategies and make necessary adjustments based on performance metrics and market feedback.
Qualifications:
- Bachelor’s degree in Finance, Economics, Business Administration, or a related field. A Master’s degree or professional certification (e.g., CFA, CIMA) is a plus.
- 3 to 5 years of experience in pricing analysis, financial analysis, or a similar role, preferably within the education sector.
- Strong analytical skills with the ability to interpret complex data and translate it into actionable insights.
- Proficient in Excel, SQL, and other data analysis tools. Experience with pricing software is a plus.
- Excellent communication and presentation skills, with the ability to convey complex information clearly to stakeholders at all levels.
- Strong attention to detail and problem-solving skills, with a proactive approach to identifying opportunities for improvement.
- Ability to work independently and as part of a team in a fast-paced environment.
What We Offer:
- Competitive salary and benefits package.
- Opportunities for professional development and career advancement.
- A collaborative and innovative work environment.
If you are passionate about pricing strategies and eager to contribute to the education sector, we encourage you to apply. Please submit your application, including your CV and a cover letter, to apply@emiratesrecruiter.com by 2024-09-18.
We look forward to your application!
Please inculde this job reference [31469-Pricing analyst] in the email when you send your application.