Job Description
- Use quantitative and qualitative methods to analyze pricing history/trends.
- Use statistical models to evaluate the potential impact of pricing strategies on margins, costs, and thereby profitability and sales volume.
- Stay informed of industry/ competition price trends to enable the company to quickly respond to market trends.
- Close communication with CS and business/ commercial teams to address the matters raised by customers regarding pricing.
- Review and record price deviations and exceptions for future alignment with the commercial team.
- Translate data into actionable information through written reports and visual presentations.
- Discover the price of a product by searching on the internet (online market).
- Adjust the price of a product, based on requests of sellers and retail, on a daily basis.
Requirements
- At least a bachelor's degree in statistics, finance, economics, business, or other related fields.
- Analytical mindset with a strong passion for research to stay updated on market price dynamics.
- Excellent command of statistical methods to derive insights from multiple data sources and use them to develop pricing models/tools.
- Effective communication skills.
- Exceptional knowledge of MS Office (Word, Excel, Outlook, and PowerPoint).
- Time management capability.
- Upper-Intermediate English proficiency (verbal and written).
- Fast learner, hard worker, result oriented, and flexible.
- Experience as a pricing/ financial analyst for at least one year.
- Knowledge of Power BI or other visualization tools.
- Ability to write a business scope in English would be beneficial.
- Basic knowledge of machine learning is a plus.
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