Sr. Manager-Pricing Promotion
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Key skills for this role
About the Role
Majid Al Futtaim is hiring a Senior Manager Pricing Promotion to develop and lead pricing strategy and processes for all MAFR operating countries. The role involves managing the pricing team, monitoring profitability, and guiding pricing strategies across countries.
Key Skills for This Role
Responsibilities
- Determine feasibility and optimal pricing for new products, working closely with sourcing team
- Monitor and analyze sections/department profitability for every pricing strategy
- Monitor pricing to ensure objectives are achieved and take corrective measures
- Support and guide other MAF Retail countries about pricing processes and strategies
- Guide MAF Retail UAE management with new pricing strategies and tactics
- Support as mediator between consultant company, MAF Holding and Carrefour UAE Head Office on pricing topics
- Manage promotion pricing and give recommendations about final leaflet prices and promo tactics
- Define direct competitors of each store and communicate a clear schedule of pricing survey
Requirements
- Bachelor Degree in Commerce, Finance or Marketing
- 10+ years experience in Retail and Pricing
- English full professional proficiency
- Arabic limited working proficiency (preferred)
- Good Communication and Presentation Skills
- Computer proficiency in MS Office
Full Job Posting
Role Summary
- The Senior Manager Pricing Promotion is responsible for developing and leading pricing strategy and processes for all MAFR operating countries. The role holder is also responsible for managing the pricing team and developing processes and procedures for the function.
ROLE PROFILE
- Determine the feasibility and the optimal pricing for new products, thus working closely with the sourcing team.
- Monitor and analyse the sections/department profitability for every pricing strategy (different zones or clusters).
- Monitor pricing to ensure the objectives are achieved, analyse financial impact of price approach in view of overall history and take corrective measures
- Supporting and guiding other MAF Retail countries about pricing processes and strategies.
- Guiding MAF Retail UAE management with new Pricing strategies and tactics in order to continue pricing leadership in UAE market.
- Supporting and preform as a mediator between consultant company (Mc Kinsey), MAF Holding and Carrefour UAE Head Office on topics related to pricing and related subjects.
- Managing promotion pricing and to give recommendations about final leaflet prices and promo tactics to all merchandise teams.
- Define direct competitors of each store and communicate a clear schedule of the pricing survey.
Requirements
- Bachelor Degree in Commerce, Finance or Marketing.
- 10 + year experience in Retail and Pricing.
- Arabic (Limited working proficiency Preferred).
- English (Full professional proficiency Required) Country Language where applicable.
- Good Communication and Presentation Skills.
- Computer proficiency: MS Office.
What We Offer
- At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime.
- Work in a friendly environment, where everyone shares positive vibes and excited about our future.
- Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.
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