DGM - Pricing

Nayara Energy


Date: 16 hours ago
City: Mumbai, Maharashtra
Contract type: Full time
Job Description

  • ACCOUNTABILITIES & RESPONSIBILITIES


Accountabilities

ACTIVITIES

1 Analysis of Internal petroleum price trend and updation of inputs to Management Dashboard reflecting expected price changes in domestic markets in coming fortnight which aids in decision making.

  • Updation of daily international price movement’s update to Dashboard from various publications.
  • Updation of Refinery Transfer prices.


2 Fixation of Retail Selling Price (RSP) for retail outlets on a daily basis and analysis of same based on competitor’s price changes and marketing inputs.

  • Daily finalisation of Domestic Prices for petroleum products.
  • Planning & analysis.
  • MIS to management on the margin analysis that aids in decision making for pricing philosophy.
  • Updation of RSPs based on changes in RTKMs, taxation, freight change, etc.


3 Updation of discounts and selling price for bulk products and sales to PSUs for allocated product category / geographical area on a fortnightly and monthly basis and analysis of same based on competitor price changes and marketing inputs.

  • Fortnightly and Monthly finalisation of Domestic Prices for petroleum products.
  • Pricing for customers based on specific contracts, tenders/ formulae based, etc.
  • Ensure adherence to discount policy.
  • Updation of selling price based on changes in taxation, etc.
  • Provide support to B2B team related to price inputs for various proposals/ tenders


4 Timely updation of prices in SAP for allocated zones / geographical areas and communication to respective Zones / Divisional Offices through pricing Circulars

  • This requires uploading prices in SAP and conducting price check to ensure correct reporting of prices
  • Reviewing updations made by reportees by conducting random checks


5 Analysis for differences observed in Nayara RSPs for all retail outlets with field inputs and recommending action for changes, if any.

  • Analysis and corrections of RSPs if necessary.
  • Keeping track of PSU RSPs and changes in price structure.


6 Mapping and configuration of new pricing mechanisms and/ or changes in tax/ duty structure in SAP based on type of end customers and products.

  • Configuration and updation in SAP
  • Supervising testing of updated changes in SAP
  • Ensuring accuracy once the changes are moved to production


7 Providing inputs on prices, basis futures, market variables, government interferences in policies and tax structures for future planning (both short term and medium term)

  • Providing daily rolling plan inputs.
  • Working jointly with EPS and IST team for providing price inputs for various scenarios for Business / term crude and rolling plan (Forwards).


8 Determination of Internal Transfer Prices for Own Consumption of petroleum products and Computation of Standard Costing

  • Aiding internal transfer of material between Marketing and Refinery.
  • Computation and circulation of Standard Costing report to FP&A team on a fortnightly basis


9 Prepare presentation material for External Conferences, induction for new joinees, management reviews, etc. highlighting key trends, scenarios and basis of pricing affecting overall revenue of the business.

  • Structuring and preparation of presentations and participation in interaction sessions.
  • Conducting induction sessions for new joinees/ transferees, etc.


10 Review pricing discrepancies and audit observations for allotted zones/products/ geographical area if any and ensure closure of same within a reasonable time.

  • Address pricing discrepancies in consultation with all concerned.
  • Address audit queries and provide timely response.


11

Liasoning with Industry Working Group and Nayara Field Ops for keeping up with the current market trends

  • Maintaining touch with Industry members to gain know how of market scenario and potential changes that might affect Nayara
  • Addressing queries from field and resolving their issues, queries if any


12 Be responsible for the work conducted by juniors under his / her guidance and supervision. To train, motivate and mentor junior resources working with her / him.

  • Reviews the works carried out by team members and address their queries. Train, motivate and mentor them.
  • Work jointly with team members and help them develop requisite skill sets.


Responsibilities

  • ACCOUNTABILITIES & RESPONSIBILITIES


Qualifications

  • SKILLS & KNOWLEDGE
  • Educational Qualifications & Certifications:


Post Graduate / Graduate with commercial/ financial acumen and Industry knowledge.

  • Relevant (Functional/Level) & Total Years of Experience:


Candidate should have at-least 10 or more years of relevant experience.

  • Functional Skills:
  • Knowledge about Oil & Gas industry.
  • Understanding of Oil pricing & reasonably accustomed to SAP.
  • Good pricing, financial and commercial acumen.
  • Reasonable understanding of indirect taxes.
  • Good analytic skills and hunch for numbers, statistics.
  • Behavioural Skills:
  • Ability to work under tight timelines and pressure with composure.
  • Professional integrity.
  • Maturity and team spirit.
  • Eye for detail.
  • Analytical and problem solving bent of mind.
  • Team player and leadership qualities

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