Apac Senior Pricing Analyst

2 weeks ago

Singapore Zimmer Biomet Full time

This role designs and execute the pricing strategy to achieve key margin accretion objectives across different franchises of Zimmer Biomet in APAC.

This role engages with relevant internal Commercial & Marketing business leaders, and finance & analytics team across APAC to execute price setting, price getting and price netting processes for our most relevant brands.

**Principal Duties and Responsibilities**:

- **Price Setting**:

- Develop and roll-out a standardized price setting methodology across APAC, including list price setting at country level.
- Responsible for understanding company products and their value added, knowing competitor pricing matched with market expectations to determine the ideal target price for products
- Develop a guidance process and communication plan for price setting education
- **Price Getting**:

- Assist in the implementation of a consistent exception handling approach across APAC.
- Develop and roll-out pricing bands and floor prices for key brands and countries
- Communicate and enforce layers of approvals within APAC
- **Price Netting**:

- Develop and implement a structured approach to identify margin leakage throughout key brands and countries in APAC
- Collect and use data to identify price erosion opportunities
- Develop a feedback mechanism to improve price setting and getting thorough insights generated from the data gathered
- **Pricing Performance Management & Reviews**:

- Develop and roll-out standardized pricing performance tracking and review processes for quarterly assessment on key brands & countries
- Lead internal pricing meetings to ensure metrics are clearly understood and acted upon
- **Pricing Dashboards / Reports Development & Implementation**:

- Create dashboards of Pricing KPIs to be used by APAC and local teams to measure pricing performance and instill a culture of analysis, learning and improvement
- Monitor sales data, run analyses, track changes in pricing data and quantify impact of price, volume and mix into price variances
- Design a system to track pricing escalations, price corridors and brand performance across different countries

**_This is not an exhaustive list of duties or functions and may not necessarily comprise all of the "essential functions"._**

**Expected Areas of Competence**:

- Strategic thinker with the ability to analyze pricing insights and implement changes in the organization
- A natural aptitude for mathematics and statistics, ability to think analytically
- Strong quantitative skills in excel and tableau is mandatory, more advanced tools preferable
- High business acumen with ability to manage multiple projects with precision and accuracy
- Strong cross functional collaboration and communication skills - both written and oral
- 2nd and 3rd Asian language preferable to communicate with Asian stakeholders.
- Team player, high degree of flexibility and responsiveness

**Education/Experience Requirements**:

- Bachelor or higher. Statistics, mathematics, accounting, finance or sales & marketing preferred.
- MBA or Masters in data analytics or statistics a plus.
- Minimum of 3 years of experience in medical device industry in regional pricing roles.
- Extensive knowledge of building tools, dashboards, reports with Excel and familiar with company internal data systems.
- Strong track record of preparing dashboards, analyzing data and acting on insights generated

**Travel Requirements**:

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