Pricing Specialist

Overview:
Act as the expert to provide accurate costing information and analysis for pricing proposals and key administrator of Asia Pacific pricing approval process; Preparation of management reports and analysis of business performance, to facilitate in business planning and decision making in the region

**Responsibilities**:
**Price administration, Processes and Controls**
- Support Pricing Manager with the Implementation of best practices in price formula development and a “suite” of acceptable index mechanisms
**Commercial Support and Margin Management**
- Be the regional focal point for margin analysis for quotations, tenders and price reviews.
- Provide valuable business insights, beyond costing and margin data, to facilitate price setting/reviews.
- Implement and support the quotation process in Asia Pacific.
- Pricing proposals buildup.
Be the focal point to provide accurate product and logistic costs for pricing decisions, by working closely with regional stakeholders from marketing, sales and supply chain.
- Ensure that pricing proposals are approved based on delegation of approval matrix and properly documented.
- Analysis of quotations and support the forecast of sales volume, revenue and profitability.
- Maintenance of costing databases.
- Support implementation and administration of pricing models.
- Be a key member of the regional FTA council and ensure value optimization in our pricing to customers for FTA qualified products.
- Logistics leakages management and pricing optimization
**Systems Implementation and Improvements**
- Support the Pricing Manager in the implementation of next phase of pricing system analytics
- Identify weaknesses in controls and provide ongoing improvements to the pricing process
**Price Strategy**
- Support the Pricing Manager in advocating Value Based Pricing
- Understand the product and customer segmentation strategies for each BU and work with Marketing Managers to identify and measure value points for each product/customer segment.
- Monitor pricing and coach product marketers to ensure that all three elements of pricing (market competition, customer derived value, product cost) are factored into SBU and product pricing

**Management Planning, Reporting and Analysis**
- Streamlining and improving data management to ensure effective and efficient analytics
- Prepare management information reports with insightful commentary and analysis on pricing and profitability.
- Support the businesses in the annual and long-range planning cycle.
- Thorough understanding of the drivers of profitability in the business and provide support in value management.
- Develop and maintain a broad understanding of the additive business environment and Afton’s business goals and objectives to ensure effective interaction with and support to all levels of management.

Qualifications:

- Degree holders of Business, Finance, Marketing or Chemistry
- Preferably with working experience in pricing, finance or accounting related roles, preferably gained from sizable companies managing regional/matrix stakeholders.
- Strong understanding of cost elements and drivers of profitability is a must
- Process and controls driven
- Analytical and able to think outside the box
- Strong interest in product knowledge and business management
- Advanced Microsoft Excel modeling. Knowledge of Tableau or Microsoft Access.
- Experience with SAP FI/CO reporting or any Pricing approval/analytical system (Vendavo or PROs)
- Keen business acumen
- Good communication skills, written and oral. Able present and articulate business cases to key stakeholders.