Pricing and Budgeting Professional

2 weeks ago

Amman, Amman, Jordan Umniah Full time

Job Brief:

The Pricing and Budgeting professional role is responsible for driving effective pricing strategies and financial planning across the business. This includes building and evaluating business cases and feasibility studies to assess marketing ideas from both commercial and financial perspectives, while conducting post-evaluations to measure performance against initial assumptions.

The role also involves developing dashboards and reports to track key performance indicators (KPIs), reviewing product positioning and profitability, and ensuring that pricing strategies align with market trends, customer behavior, and competitor activities. Collaboration with finance, product, and sales teams is key to optimizing pricing and maintaining competitiveness. Additionally, the role plays a vital part in budgeting and forecasting, working closely with finance to ensure sales performance targets are met while managing costs effectively. It also provides support to stakeholders across the organization by offering solutions and actionable recommendations to pricing-related challenges, budget shortages, and profitability concerns

Key Responsibilities:

  • Build and evaluate consumer owners' business cases to assess profitability, ensuring pricing aligns with healthy margins and the company's strategic direction.
  • Develop Opex/Capex budgets for all commercial business units.
  • Control and maintain Opex/Capex budgets across commercial business units, tracking spending to ensure alignment with Management Accounting and minimizing year-end variances.
  • Analyze consumer owners' business cases by comparing actual results with projections to improve future planning and forecasting.
  • Provide support to commercial teams with ad-hoc requests related to business cases and Opex/Capex, incorporating relevant financial elements.
  • Review and assess pricing models regularly to ensure competitiveness and alignment with market trends.
  • Coordinate with sales, product, and finance teams to adjust pricing models based on market feedback and evolving business needs.
  • Monitor the effectiveness of pricing strategies and make adjustments based on customer behavior and profitability analysis.
  • Report on Opex/Capex figures monthly to ensure alignment and transparency

Requirements

Education :Bachelor Degree in Finance or Accounting.

Level of Experience :Limited Experience (2-5Yrs) in pricing, financial planning or business analysis.

Certifications & Licensure:

Essential:

·       Excel.

Desirable:

·       Power BI, Alteryx.

·       Planning and analysis certifications.

Tools & Systems;

Essential:

·       Alteryx or any similar system.

Desirable:

·       Oracle.

·       Power BI.

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