Pricing And Margin Analyst

Title: Pricing And Margin Analyst

Location: Lagos

Our Client in the Pharmaceutical Industry is looking for a professional to join their team as a Pricing and Margin Analyst.

Key Responsibilities

● Develops and manages the pricing strategy for all the product. This will involve developing a strategy for collation and use of market information & customer data to inform pricing decisions as well as maintaining pricing databases across all facilities.

● Understanding of various pricing strategies including value-based pricing and assess pricing and market access risks associated with any price changes.

● Presents pricing analysis at monthly strategy meetings, with insights, trends, and suggestions. Provides insight into reports developed, highlighting areas of success and lost opportunity.

● Drives improvements in margin through weekly verbal and written communications with the teams including upselling of margin optimized lines to improve mix, margin, and profitability.

● Drives improvements in sales: Weekly review to ensure that targeted customer, category and product margins are achieved.

● Proactively gathers market data for pricing new products. Reviews market trends for pricing opportunities to optimize revenues.

● Reviews and approves prices outside agreed price bands.

● contributes value-added perspectives or advisory services that are important to decision making.

● Supports project work as required across the team e.g. gathering pricing and market pricing intelligence.

Requirements

● An entrepreneurial spirit with a passion to increase the accessibility and affordability of high-quality medicines.

● A strong work ethic and a proactive “can do” attitude that requires minimal supervision

● A self-starter who can successfully manage a diverse set of concurrent initiatives to create strong business outcomes.

● Capable of collaborating and building strong relationships internally and externally

● Accountable and results orientated, with strong analytical acumen and approach.

● Can make decisions and solve issues despite a high amount of ambiguity.

● Proficient Excel skills, and ability to manipulate and interpret complex data files.

● Excellent interpersonal and influencing skills: Ability to work between sales and, finance.

● People management skills: Able to develop and motivate direct reports

● Fluent English with excellent writing, verbal, analytical, and organizational skills

● Experience in the health domain either working with multinational pharmaceutical

companies, clinician settings, Tech, or other healthcare services is a plus.

● Ability to remain calm under pressure and enjoys working within a fast paced

environment.

Qualifications

  • Bachelor’s degree in finance, research, statistics, math, economics, or related analytical discipline preferred
  • At least 5years of professional experience within pricing strategy development, sales, trading, commercial or in a retail business environment.
  • Strong use of analytics, user research, and business cases to drive decisions and improve product pricing.

If you meet the requirement, Kindly share CV in word format to cv@fmcgsearch.com with job title as subject of the mail. Only Qualified candidates will be contacted.

Job Location: Lagos

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