Pricing Head - FMCG

Purpose: To work with vast data to help define pricing scatter plots, product performance and market competitive price points towards ensuring maximum profitability through competitive pricing of diamonds across all product lines of the company.

Data Analysis & Reporting:

- Perform data modelling, analysis of collated data & develop pricing scatter plots

- Perform pricing trend analysis on top revenue products, new product

- Conduct detailed analyses of product sales and margins, and identify opportunities to increase them.

Developing Pricing Strategy & Pricing recommendations:

- Develop and implement pricing / discounting strategies based on economic and competitive dynamics

- Engage with leadership to identify key pricing issues for review

- Function as trusted advisor, to management team on strategic Pricing questions and changes in the competitive landscape

Data Tracking & Collating:

- Track external market pricing data, product sale data using known data sources like Rapnet

Internal Processes:

- Define and implement best practice pricing processes including effective management of rapnet data

- Create documentation/process flow of the pricing strategy

Team Management:

- Review team performance and drive individual achievements and improvements

- Hire, groom and mentor team

Candidate Specifications:

Qualification: Post Graduate - Finance/Statistics/Business/Economics/Mathematics or related field. MBA is preferred.

Experience: 10 years of relevant product pricing/financial analysis experience

- Should have managed a team.

- Should have proven track record of leading pricing efforts in a fast-paced work environment.

- Candidates with a Diamond Industry background is a must

Skills & Personality attributes:

- Ability to understand market dynamics,commercial and economic awareness, including an awareness of global economic factors that can influence the diamond industry

- Well organized and comfortable performing multiple tasks under pressure

- Good Excel and power point skills, knowledge of data analytics tools to conduct financial modeling

- Strong Reporting, Quantitative, Analytical Thinking, Data Interpretation skills including carrying out daily, weekly and monthly reporting on trade,

- Good Communication skills

- Attention to detail