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Pricing Strategy and Trade Promotion Lead
2 months ago
Our client, a prominent player in the food manufacturing sector, is in search of a talented Pricing Strategy and Trade Promotion Lead. This role is essential for enhancing the organization’s profitability and market presence through the optimization of trade investments and pricing frameworks.
Key Responsibilities:
- Trade Promotion Strategy: Develop and execute trade promotion strategies that align with the company's financial objectives and market strategy.
- Data Analysis: Analyze trade spending data to enhance promotional effectiveness and return on investment.
- Collaboration: Work alongside sales, marketing, and finance teams to ensure trade activities are in sync with overall business goals.
- Market Insights: Conduct thorough market research to identify pricing trends, competitive dynamics, and consumer preferences.
- Pricing Management: Implement pricing adjustments and assess their effects on sales and profitability.
Financial Analysis & Reporting:
- Prepare comprehensive financial models and reports to inform trade and pricing decisions.
- Evaluate the financial implications of trade promotions and pricing strategies, offering actionable recommendations.
- Track key performance indicators (KPIs) and refine strategies as necessary.
Compliance & Risk Management:
- Ensure all pricing and trade activities adhere to internal policies and external regulations.
- Identify and mitigate risks associated with trade promotions and pricing initiatives.
Qualifications:
- Bachelor's degree in Finance, Accounting, Business, or a related discipline.
- Strong expertise in financial modeling, analysis, and reporting.
- Experience with Trade Promotion Management (TPM) software and Enterprise Resource Planning (ERP) systems.
- Advanced proficiency in Excel and familiarity with data analysis tools.
Analytical Skills: Exceptional ability to interpret complex data, recognize trends, and make informed decisions.
Problem-Solving Skills: Proven track record of developing and implementing innovative solutions to pricing and trade challenges.