Senior Manager - Pricing - Petrochemical Manufacturing

Hiring for Sr.Manager - Pricing (Mumbai - Petrochem Manufacturing)

ACCOUNTABILITY & RESPONSIBILITIES:

ACCOUNTABILITY ACTIVITIES :

1. Internal petroleum price trend analysis and updation of Management Dashboard reflecting expected price changes in domestic markets on daily basis which aids in decision making.

- Updation of daily international price movements from various publications.

- Derivation of Refinery Transfer prices.

2. Fixation of Retail Selling Price (RSP) for retail outlets for allocated Zones / geographical area on a daily basis and analysis of same based on competitor price changes and marketing inputs.

- Daily finalisation of Domestic Prices for petroleum products.

- Planning & analysis.

- MIS to management on the margin analysis that aids in decision making for pricing philosophy.

- Margin analysis for ROs before induction / award of allotment letters.

- Updation of RSPs based on changes in RTKMs, taxation, freight change, etc.

3. Updation of discounts and selling price for bulk products and sales to PSUs for allocated product category / geographical area on a fortnightly and monthly basis and analysis of same based on competitor price changes and marketing inputs.

- Fortnightly and Monthly finalisation of Domestic Prices for petroleum products.

- Pricing for customers based on specific contracts / formulae based, etc.

- Planning & analysis.

- Ensure adherence to discount policy.

- Updation of selling price based on changes in taxation, etc.

4. Timely updation of prices in SAP for allocated zones / geographical areas and communication to respective Zones / Divisional Offices through pricing Circulars.

- This requires uploading prices in SAP and conducting price check to ensure correct reporting of prices.

5. Monthly reconciliation of RSPs for all retail outlets with field inputs for allocated zones / geographical areas.

- Analysis and corrections, if necessary of RSPs.

6. Mapping and configuration of new pricing mechanism and structures in SAP Systems based on type of end customers and products.

- SAP Systems and processes

7. Providing inputs on prices, basis futures, market variables, government interferences in policies and tax structures for future planning (both short term and medium term)

- Providing daily rolling plan inputs.

- Working jointly with EPS and IST team forproviding priceinputs for various scenarios for Business / term crude and rolling plan (Forwards).

8. Determination of Internal Transfer Prices for Own Consumption of petroleum products

- Aiding internal transfer of material between Marketing and Refinery.

9. Prepare presentation material for External Conferences, induction for new joinees, management reviews, etc. highlighting key trends, scenarios and basis of pricing affecting overall revenue of the business.

- Structuring and preparation of presentations and participation in interaction sessions.

10. Review pricing discrepancies and audit observations for allotted zone/product / geographical area if any and ensure closure of same within a reasonable time.

- Address pricing discrepancies in consultation with all concerned.

- Address audit queries and timely response.

11. Feasibility study for New / alternate Supply Location for Retail and Bulk supplies taking into account the various factors like geographical location, presence of our facility (asset or agreement), tax, freight etc. pan India

- Margin analysis and ranking of various supply locations based on margins.

12. Reporting Gross Margins from retail outlet and other modes of sale for informed actions by top management

- Continuous inputs are made available to the top management on key factors effecting Margins and the impact on the same because of fluctuation in any of them.