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Pricing Analyst - Jobs in Dubai, United Arab Emirates

1.00 to 3.00 Years   Dubai, United Arab Emirates   29 Sep, 2021
Job LocationDubai, United Arab Emirates
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryCatering, Food Service, & Restaurant; Hospitality & Accomodation
Functional AreaNot Mentioned

Job Description

Applications are invited for the position of Pricing Analyst.

  • Reports to: AVP Pricing,?Revenue Optimisation & Strategy
  • Location: Dubai International Airport
  • Department: Pricing & Revenue Optimisation
Job PurposeThe jobholder is responsible?for providing the pricing information to the management to control the current operations and plan for the future and to research and analyze the pricing, production results and monitor financial impact to support the SM- Pricing & Revenue Optimization with analytics and recommendations to enable decision-making.Key Accountabilities
  • Analyse results; monitor variances; identify trends in food cost, revenue trends including analysis of suppliers and customers; recommend actions to management and as a result contribute towards improving the financial status of EKFC.
  • Provide & implement creative alternatives and recommendations for capturing/enhancing financial performance.
  • Draft and regularly update policies, process and procedures on revenue optimization. Ensure these are aligned to best practice and is done in a timely /accurate manner.
  • Drive and proactively track implementation of process improvement and policy development initiatives that impact the function and consistently follow up on various improvement measures.
  • Develop financial models, conduct benchmarking and process analysis, business studies on past, future and comparative performance and develop forecast models.
  • Prepare reports that evaluate financial risks, ROI and prepare business case to come up with a more profitable alternative.
  • Strong analytical modelling skills with expertise in channel pricing (retail, distributor, white label etc), Financial models through business casing, strategic analytical models.
  • Expertise working in pricing tools and reporting models, with strong competency in advance level Excel / VB programming including Macros.
  • Knowledge of pricing, promotions, discounts, rebates, growth rebates, loyalty schemes are a must.
  • Should be a Self-starter in formulating and contribute in formulating key regulatory initiatives/ strategic projects.
  • Proactively prepare weekly reports highlighting trends in Catering industry and associated industries such as hospitality, aviation.
  • Analyse and define impact of decisions and make recommendations relating operational decisions with financial impact such as buy/hire, outsource/in-house.
  • Compute KPI?s from operating budgets and actuals and support with analytics.
  • Carry out system analysis and design of data capture and database for adhoc reporting as buy/hire, outsource/in-house.
  • Maintain efficient coordination with Production Dept. and Registry for recipe and menu finalization.
  • Analyse and resolve any queries related to pricing from customers.
  • Risk assessment and management.
  • Pricing data management and reconciliation.
  • Periodic performance reports to business.?

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