Strategic Pricing Analyst

3 weeks ago

Hyderabad, Telangana, India International Flavors & Fragrances Full time

Job Description

We are seeking a highly motivated and results-driven individual to join our Commercial Excellence function as Senior Strategic Pricing Analyst. In this role, you will be responsible for driving cross-functional strategic initiatives, reinforcing pricing excellence strategies, analytics, and best practices.

Your Focus

The Commercial Excellence function within Functional Ingredients BU has been designed to enable step change in commercial performance across all IFF Divisions. The group accomplishes that through a set of commercial transformation initiatives across revenue acceleration, pricing and profitability improvement, key accounts management, sales enablement and commercial productivity improvement topics.

Key Responsibilities

  • Serve as the primary point of contact for all pricing-related inquiries within assigned Business Segment(s).
  • Own the end-to-end process of pricing analysis, from data collection to strategic recommendations.
  • Collaborate with cross-functional teams to ensure pricing strategies are aligned with business objectives.
  • Support Global/Regional Product Manager(s) in the respective segment(s) in developing and executing the right pricing strategy tailored for the product line and geography.
  • Analyze market trends and competitive pricing to inform strategic decisions.
  • Develop and maintain pricing models and tools to facilitate effective pricing decisions.
  • Monitor and update pricing to reflect changes in the market or company strategy.
  • Provide recommendations to management on pricing actions based on analysis and insights.
  • Ensure compliance with pricing execution, pricing operations, policies and guidelines.
  • Assist in the development of pricing strategies for new products or services.

Requirements

We are looking for a highly motivated individual with strong intellectual curiosity, exceptional analytical skills and excellent problem-solving capabilities. The ideal candidate will have a university degree in Finance, Economics, Statistics, Engineering, or a related field, and a minimum of 5-7 years' experience in pricing analytics or a related role, background in the food ingredients industry is preferred.

What We Offer

IFF is an Equal Opportunity Employer. We value the diverse mosaic of the ethnicity, national origin, race, age, sex or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

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