Pricing Strategy Manager (Parts)
Pricing Strategy Manager (Parts)
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
About the Company
This organization operates within the technology sector focusing on the development and delivery of advanced solutions for a global clientele. It prides itself on a collaborative and innovative work environment where talented individuals are key to its success in advancing technology and producing highquality products. The company values employee growth providing opportunities to explore potential accelerate careers and recognize individual contributions.
About the Role
The Strategic Spares Pricing Manager plays a critical role in the companys aftermarket operations. This position is responsible for establishing and maintaining the pricing framework for spare parts which involves defining pricing rules calculating and managing sales prices and ensuring consistency across product lines. The role also includes managing price lists implementing pricing within quoting systems analysing margins and driving cost reduction initiatives. Effective collaboration with other teams such as the OEM Protect Team Spares Operations and Sourcing is essential. The manager is also responsible for SarbanesOxley (SarbOx) controls related to pricing and provides support for department reporting and KPI analysis.
Key Responsibilities:
- Define and maintain pricing rules within the pricing policy.
- Manage the calculation and maintenance of sales prices for spare parts and related product lines.
- Ensure consistency in the pricing structure across all spare parts products and Bills of Materials (BOMs).
- Implement and maintain a unified generic price list for spare parts.
- Create and maintain customerspecific price lists for spare parts.
- Manage the uploading and maintenance of spare parts prices in the quoting system (CPQ) and ensure accurate discount calculations based on customer terms and conditions.
- Collaborate with the OEM Protect Team to ensure efficient and consistent contract pricing.
- Conduct regular margin analyses to ensure margin targets are consistently met.
- Drive cost reduction activities in cooperation with Spares Operations and Sourcing to improve margins.
- Manage SarbanesOxley (SarbOx) controls and participate in related audits.
- Support department reporting and Key Performance Indicator (KPI) analyses.
- Perform other duties as assigned.
Requirements
Qualifications and Skills:
Fluent in business English (both verbal and written) to a professional level.
Proficient in Microsoft Office applications with advanced Excel skills.
Experienced in using Enterprise Resource Planning (ERP) and Quoting Systems; familiarity with Oracle/CPQ is preferred.
Minimum 7 years of experience in technical cost calculations or a related analytical role.
Strong analytical and datadriven mindset with indepth pricing expertise.
Solid technical knowledge (e.g. materials manufacturing processes and technical drawings) and sound business acumen (e.g. cost analysis margin management profitability business forecasting).
Proven leadership experience and a good understanding of market dynamics customer requirements and the competitive landscape.
Bachelor s Degree in Business Administration & Marketing or a related field or equivalent professional qualification. Minimum GCE ALevel / STPM or equivalent certificates in Engineering and/or Business Administration.
Benefits
The company offers a comprehensive compensation and benefits package designed to reward and support employees. This includes:
- Profit Sharing: Employees participate in a group profitsharing program.
- Health Benefits: Comprehensive medical coverage is provided including coverage for dependents as well as a group hospitalisation plan.
- Wellness Programs: The company supports employee wellbeing through various activities such as sports company events and a wellness program.
- Annual Bonuses: Employees receive both a fixed annual bonus (13th month pay) and a performancebased annual bonus.
- Pricing Expertise: Knowledge of pricing methods, strategies, best practices; this is the core skill to set profitable, competitive prices. - Leadership: Lead teams, projects, initiatives effectively; this is needed to collaborate and drive pricing strategy. - Technical Knowledge: Understand product materials, manufacturing, drawings; this is important to price spare parts accurately. - Business Acumen: Understand financial principles (cost, margin, profit, forecasting); this is essential to align pricing with business goals. - Market Understanding: Grasp market trends, customer needs, competitor actions; this is crucial to set competitive prices and meet expectations.
Employment Type
Full Time
