Vacancy title:
Pricing Manager
Jobs at:
Flexi Personnel LimitedDeadline of this Job:
23 October 2021
Summary
Date Posted: Thursday, October 14, 2021 , Base Salary: Not Disclosed
JOB DETAILS:
Position: Pricing Manager
Location: Uganda
Our client, the largest franchisee of French giant group CARREFOUR owned and operated by MAJID AL FUTTAIM in Uganda is looking for a Pricing Manager. The middle East based group is currently operating more than 375 Carrefour Stores in 17 countries with more than 37000 employees
Duties and Responsibilities
Assets:
• Develop/review policies, procedures and processes of Pricing, manage pricing procedure, enhance
• processes and improve efficiency to ensure timely response to market conditions.
• Determine the feasibility and the optimal pricing for new products, thus working closely with the sourcing team
• Monitor pricing to ensure the objectives are achieved, analyse financial impact of price approach in view of overall history and take corrective measures
• Ensure proper price positioning of Private labels (chaining and cloning)
Humans
• Be a role model and ensure the application of Majid Al Futtaim Retail corporate policies and guarantee the implementation of all laws, regulations and cultural practices of the operating countries are followed and respected
• Practices the company values and Guarantees the same is respected and followed by the department team members
• Responsible for the Performance Management of the team
• setting particular objectives for the direct reports - once a year - which are in-line with the company and department targets
• carrying out performance analysis with regular feedback to direct reports
• Identify employees with high potential, growth and proposes further development
• Identify and recommend training needs for the team and follow up on the implementation
• Develop and implement on the job-training for the team
• Promotes and practises communication and participatory management within the team
Merchandise:
• Monitor competitors’ prices for similar products and recommend / take corrective actions
• Ensure that the price is following the Margin Mix and its proper incorporation with the commercial strategy
• Review the pricing analysis on a monthly basis and work on the development of the price sensitivity list
• Review the sensitivity report to analyse the reaction of direct competitors
• Monitor and analyse the sections/department profitability for every pricing strategy (different zones or clusters)
• Prepare, communicate & control “Locked Price Basket” sent to Ministry of Economy
• Receive new cost price update from suppliers and implement its new selling prices taking into consideration price
• Blocking selling prices of specific categories (e.g. Cigarettes, Make-Up) in order to secure margins
• Define direct competitors of each store and communicate a clear schedule of the pricing survey
Finance:
• Define the “Mass Margin” and the margin by Family/Sub Family taking into consideration category role to ensure high profitability by remaining competitive
• Set appropriate control mechanism to ensure budget compliance and take corrective measures when necessary
• Respect the procedures in accordance with the DOA
• Propose and take necessary measures towards continuous reduction of the operational costs
Functional & Technical Competencies
• Good Communication and Presentation Skills
• Computer proficiency: - MS Office
• Time Management
Minimum Qualifications/education
Bachelor’s Degree in commerce, Finance or Marketing
Minimum experience
5+ year professional experience
2+ year experience in Retail preferable as ae Manager
Preferred Languages
English (Full professional proficiency - Required) Country Language where applicable
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
{module 317}
Job application procedure
To apply, visit https://www.flexi-personnel.com/job/pricing-manager-2/
Deadline to apply: 23rd October 2021
NB: Flexi Personnel does not charge candidates for jobs placement
All Jobs
{module 321}
Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.