Senior Director, Pricing

3 days ago

Bengaluru, Karnataka, India Cognizant Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Senior Director – Strategic Pricer
This is an individual contributor role as a key financial & commercial advisor to deal teams. The role requires ability to develop deal strategy, structuring of deals, guiding and taking lead in client negotiations. The position requires functional expertise to support deal modeling, risk assessment, develop mitigation strategy, help manage internal and external stakeholders. The position is the financial representative both internally and externally with clients/advisors.

Key Responsibilities

  • Undertake the financial structuring and analysis of deals while meeting Cognizant's business objectives
  • Craft the pricing model and assess deal P&L, cash flow, metrics and financial viability, and highlight potential risks of a deal throughout the bid lifecycle from qualification through to deal closure
  • Partner with and lead the deal team throughout the sales cycle in analyzing and making recommendations regarding deal-specific financial strategies and solutions. Actively engage in deal shaping, formulating a winning sales strategy
  • Support Client negotiations of financial/commercial terms to enable Cognizant to sign a contract capable of delivering the approved returns, whilst at the same time addressing customer business drivers
  • Collaborate with the deal teams, FP&A, Tax and technical accounting and other areas as required
  • Contribute to financial materials for internal deal governance
  • Compile & maintain work products/aids used to report out KPIs, progress, metrics to Leadership and other stakeholders
  • Support compliance with Cognizant's processes and polices including approved toolsets
  • Validate commercial/financial Terms and Conditions to evaluate and track risk to revenue and margins
  • Drive use of standardized tools and methodologies
  • Ensure best practices are consistently used
  • Promote and Support regional and global pricing initiative
  • Ensure internal customer satisfaction with the performance of the pricing team
  • Ensure that overall pricing strategy aligns with business needs and imperatives

Mandatory Capabilities/Skills /Years Of Experience

  • 16+ years of experience in pricing/Finance and should have worked on pricing deals for some period
  • Candidate should have good business acumen and should be able to interact with multiple stakeholders from various units
  • Ability to deal with ambiguity and should have good leadership, negotiation & presentation skills
  • Should have a good understanding of Finance functional areas impacting the revenue recognition, pricing, Terms & Conditions of contract.
  • Ability to coach, mentoring, guide associates in career development plan
  • Good understanding of Excel and related tools to provide effective support to large and strategic transactions
  • Experience of having interacted with clients in presenting commercial proposition and negotiating contractual terms and conditions will be added advantage

Preferred Capabilities/Skills/Years Of Experience

  • Experience of working overseas will help in stakeholder management.

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