Strategic Pricing Lead

2 weeks ago

Kuala Lumpur, Kuala Lumpur, Malaysia Kerry Full time

Requisition ID 51160

Position Type FT Permanent

Recruiter #LI-SSM1

Posting Type LI

About Kerry:

  • Kerry is the world's leading taste and nutrition company for the food, beverage and pharmaceutical industries. Every day we partner with customers to create healthier, tastier and more sustainable products that are consumed by billions of people across the world. Our vision is to be our customers' most valued partner, creating a world of sustainable nutrition. A career with Kerry offers you an opportunity to shape the future of food while providing you opportunities to explore and grow in a truly global environment.

About the role:


As a Strategic Pricing Lead, you are responsible for ensuring that Kerry sub-region implements the regional pricing and margin management (PMM) strategy which maximizes the return from Kerry's business model and value proposition You will work closely with the commercial Sales teams to ensure the competitive and environment market conditions are reflected in pricing strategy.


Key Responsibilities:

Costing & Pricing

  • Support in the design of pricing strategy for new launched products, strategic push initiatives and key product technology drives within the market.
  • Ensure that ways of working for pricing teams, including processes and procedures for all pricing scenarios (decision points, escalation criteria, minimum execution standards) are effectively implemented and controlled.
  • Work with key business stakeholders to implement and ensure the necessary support is provided for customer engagement.
  • Capture of relevant external insights (competitors, market movement, commodity changes, technology trends) for incorporation into relevant pricing transactions.
  • Business partnering with commercial sales by reviewing and improving current performance of the key accounts as well as influencing decisions on how best to win new business through use of commercial acumen and financial expertise
  • Act as a point of escalation and decisionmaking for new business opportunities that breach agreed margin thresholds for product groups.
  • Responsible for execution of annual pricing process for relevant territory
  • Support and mentorship of the costing team, especially in relation to: costing of new products, plants and processes.

Reporting

  • Ensure healthy level of intercompany margin resulted from transfer price set up.
  • Responsible for delivery of clear and accurate weekly flash report to monitor market performance.
  • In conjunction with the other Strategic Pricing Leads, the PMM lead, PM&A insights team and the Finance Director, the team are responsible for producing business forecasts, performance updates and driving the annual budget process.

Qualifications, Skills and Experience:

  • Minimum of a bachelor's degree in Finance or Accounting
  • At least 23 years' relevant experience in Pricing, Margin Management, FP&A, Commercial Finance or Operations Finance,
  • Relevant Pricing and Margin Management/ Product Costing experience within FMCG industry is very beneficial
  • Fluent and confident English communicator
  • SAP or another ERP system experience
  • Project Management skills
  • Proficient in Microsoft Office suite (advance Excel, Word and PowerPoint)
  • A team player and a relationship builder with strong communications skills to work with multiple stakeholders
  • Strong attention to detail is critical
  • Comfortable with autonomy and proactive in approach
  • Results/solutions driven and able to challenges status quo and drives improvement
  • Ability to work under pressure and to tight deadlines
  • Focus on improvement and standardization of processes
  • Comfortable with ambiguity and adapt to dynamic work environment

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