Pricing Manager
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Key skills for this role
About the Role
Prime Professionals is seeking a Pricing Manager in Riyadh to develop and implement pricing strategies that maximize revenue and profitability. The role involves market analysis, financial modeling, cross-functional collaboration with product, sales, and finance teams, and driving pricing process improvements.
Key Skills for This Role
Responsibilities
- Develop and execute pricing strategies across the product portfolio
- Establish pricing frameworks, policies, and governance processes
- Lead pricing reviews and recommendations throughout the product lifecycle
- Monitor market trends, customer demand, competitor pricing, and industry benchmarks
- Conduct pricing research and elasticity analysis to identify opportunities for revenue growth and margin improvement
- Perform profitability, margin, and revenue impact analyses for pricing decisions
- Develop business cases and financial models to support pricing recommendations
- Track pricing KPIs and provide regular performance reporting to leadership
- Partner with Product Management to define pricing strategies and value proposition
- Collaborate with Sales and Commercial teams on pricing models, discount structures, deal approvals
- Collaborate with Finance on financial forecasting, business case development and approvals, gross margin guidance
- Maintain pricing models, analytics tools, and pricing databases
Requirements
- Bachelor's degree in Business, Finance, Economics, or a related field
- 8 12 years of experience in pricing, commercial strategy, finance, product management, revenue management, or related fields
- Proven track record of developing and implementing successful pricing strategies
- Experience working in technology driven or product focused organizations is preferred
- Arabic language proficiency
Full Job Posting
Role Overview
- The Pricing Manager is responsible for developing, implementing, and optimizing pricing strategies that maximize revenue, profitability, and market competitiveness across the company's products portfolio.
Key Responsibilities
- Develop and execute pricing strategies across the product portfolio.
- Establish pricing frameworks, policies, and governance processes.
- Lead pricing reviews and recommendations throughout the product lifecycle, including new product launches, enhancements, and portfolio changes.
- Ensure pricing aligns with corporate growth, profitability, and market positioning objectives.
- Monitor market trends, customer demand, competitor pricing, and industry benchmarks.
- Conduct pricing research and elasticity analysis to identify opportunities for revenue growth and margin improvement.
- Assess market dynamics and customer segments to optimize value based pricing approaches.
- Perform profitability, margin, and revenue impact analyses for pricing decisions.
- Develop business cases and financial models to support pricing recommendations.
- Analyze pricing performance and identify opportunities for optimization.
- Track pricing KPIs and provide regular performance reporting to leadership.
- Partner with Product Management to define pricing strategies and value proposition for new and existing products.
Qualifications
- Bachelor's degree in Business, Finance, Economics, or a related field.
- MBA or relevant professional certification is preferred.
- 8 12 years of experience in pricing, commercial strategy, finance, product management, revenue management, or related fields.
- Proven track record of developing and implementing successful pricing strategies.
- Experience working in technology driven or product focused organizations is preferred.
Application Questions
- How many years of experience do you have as a Pricing Manager?
- Do you have experience developing and implementing pricing strategies for products or services?
- Do you have experience conducting pricing analysis, profitability analysis, margin analysis, and revenue impact assessments?
- Do you have advanced Microsoft Excel and financial modeling experience?
- Do you have experience in a technology driven, telecom, SaaS, fintech, or product focused organization?
- What is your current monthly salary (SAR)?
- What is your expected monthly salary (SAR)?
- What is your notice period?
- Are you currently based in Saudi Arabia?
- What is your Nationality?
Language
- Arabic (Required)
Work Location
- In person
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