Pricing Analyst

Job Reference: 32273-Pricing analyst
Company: RecruitArab - recruiter
Industry: Retail
Job Title: Pricing Analyst

Location: Dubai, UAE

Job Type: Full-Time

Closing Date: 2024-09-03

Email for Applications: apply@emiratesrecruiter.com

Job Overview:

We are seeking a skilled and detail-oriented Pricing Analyst to join our dynamic retail team in Dubai. The ideal candidate will have a strong analytical mindset, a passion for retail, and the ability to leverage data to drive pricing strategies that enhance sales and profitability. As a Pricing Analyst, you will play a critical role in developing pricing models, conducting competitive analyses, and recommending pricing strategies to maximize revenue while ensuring market competitiveness.

Key Responsibilities:

- Data Analysis: Collect, analyze, and interpret pricing data from various sources including competitor pricing, market trends, and customer feedback to inform pricing strategies.

- Pricing Strategy Development: Collaborate with cross-functional teams to develop and implement pricing strategies that align with the company’s financial goals and market positioning.

- Competitive Analysis: Monitor and analyze competitor pricing strategies to identify market trends and potential opportunities for pricing adjustments.

- Reporting: Prepare and present regular reports on pricing performance, sales trends, and margin analysis to senior management to inform decision-making.

- Pricing Models: Develop, maintain, and optimize pricing models to ensure accuracy and relevance in pricing decisions.

- Collaboration: Work closely with merchandising, marketing, and supply chain teams to ensure pricing strategies reflect inventory levels, promotional activities, and market conditions.

- Forecasting: Assist in forecasting sales and profitability impacts of pricing changes and promotions, providing insights to support strategic planning.

- System Management: Utilize pricing software and tools to automate processes and improve efficiency in pricing analysis.

- Policy Development: Assist in the development and implementation of pricing policies and guidelines to ensure consistency across all product lines.

Qualifications:

- Bachelor’s degree in Finance, Economics, Business Administration, or a related field.

- A minimum of 3 to 5 years of experience in pricing analysis, financial analysis, or related roles, preferably within the retail sector.

- Strong analytical skills with proficiency in data analysis tools and software, such as Excel, SQL, or similar.

- Excellent attention to detail and ability to work with large datasets.

- Strong understanding of retail market dynamics and pricing strategies.

- Ability to communicate complex data insights clearly and effectively to diverse audiences.

- Proactive and self-motivated with the ability to work independently and as part of a team.

- Familiarity with pricing software and tools is a plus.

What We Offer:

- Competitive salary and benefits package.

- Opportunity to work in a fast-paced, dynamic retail environment.

- Professional development and career advancement opportunities.

- A collaborative and supportive team culture.

If you are a motivated individual with a passion for pricing strategy and analysis in the retail sector, we would love to hear from you. Please submit your application, including your resume and a cover letter, to apply@emiratesrecruiter.com by 2024-09-03.

We look forward to welcoming you to our team!


Please inculde this job reference [32273-Pricing analyst] in the email when you send your application.

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