Pricing Analyst
Ford Motor Company
Date: 1 week ago
City: Chennai, Tamil Nadu
Contract type: Full time
Job Description
- IMG Pricing Specialist leads the development of Business plan, forecast and actual for vehicle revenue including detailed variance analysis for management reviews. He / she also leads pricing papers based on various pricing events closely working with Marketing, Sales and Other Finance Teams.
- Primarily involves Financial Planning and variance Analysis of IMG Markets revenue
- Lead Business plan, Forecast and Actual process for developing vehicle revenue
- Coordinate with regional and market finance teams on timings, submission and system inputs
- Update Revenue BP & Forecast every month based on the latest pricing approvals & Milestone and prepare R&O
- Detailed variance analysis for management reviews -- Volume, Exchange, Series Mix, Market Mix, Equipment and Pure pricing performance
- Lead automation projects for BP / Forecast and Actuals
- Support current model & forward model pricing paper development:
- Coordinate Pricing kick-off and align strategy / approach with Marketing and Sales
- Collect data to support the pricing paper development from existing sources and automate where possible
- Complete financials including comparison with Forecast, Milestone & JL Comparison, as necessary
- Coordinate alignment with stakeholders & present the pricing paper approval and support price implementation
- Lead Business case studies to support introduction new vehicle / trim
- Support Annual sales objective (ASO) in providing Start point inputs and provide frequent pricing updates as necessary
- Lead IMG pricing / revenue initiatives & projects on ad hoc basis
- Education Qualification: MBA / ICWA/ CA / Marketing Degree
- No. of Years of Experience: Minimum 5-7 years working experience
- Preferred previous Experience
- Knowledge of Product Marketing and Finance processes - Forecasts, Budget and Business Plans
- Knowledge of various IT systems & processes involved with market
- Skill Set / Other:
- Solid business acumen, coupled with a drive for results.
- A sound analytical base is essential
- Very strong communication to work effectively with other markets
- Flexible work schedule to support the various time zones involved
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