Pricing Assistant - AF Motors HO

Job description / Role

Al-Futtaim Motors occupies the pre-eminent position of the largest distributor of automotive products in the Emirates, and leads the rapid development of automobile business in the UAE, while continuing to contribute to Toyota's worldwide growth.

Today, Al-Futtaim Motors is synonymous with Toyota and Lexus, which enjoys undisputed leadership in the UAE in terms of the largest number of vehicles on the road. Besides Toyota, AF Motors also holds exclusive franchises for some of the world's top automotive products like Hino - Japan's leading heavy-duty vehicle manufacturer, Toyota forklifts and BT warehouse equipment.

To provide full back-up support to these world-class franchises, AF Motors have an established network of showrooms and service & parts centers throughout the UAE.

Pricing Assistant will join as a support function to Pricing Assistant Manager by providing pricing & cost analysis, margin analysis compare to the annual budget. It also requires producing various pricing reports, weekly discount report, monthly price list & GM forecast.

KEY ACCOUNTABILITIES:

Support:
- Support Pricing Assistant manager to prepare quarterly & annual budget
- Review & analyse monthly GM performance vs budget and identify potential issues
- Provide GM simulation for new models (eg. Special edition, new model year)
- Update pricing / discount in SAP and ensure the price correctly update in Fastrack
- Prepare TMC fleet claims & Price schedule quarterly
- Take initiatives to identify and resolve system (SAP & Fastrack) issues around pricing and margin

Communication:
-Coordinate for all costing, pricing & support related issues
-Report competitors activities & pricing

AF Inter & Intra Group Companies:
- Coordinate with various departments for costs by specification
- Closely work with SAP / Fastrack & BIW team for automation

AFM Internal Departments:
- Work closely with Product department and advice on product positioning
- Coordinate with Demand & supply Planning team for developing forecasts
- Work with sales support teams to create campaign costing
- Update Advertising teams with price changes
- Communicate with Sales operations for all pricing issues

Management:
- Report revenue & margin performance
- Update competitor activities & prices
- Advice & recommend pricing actions

Innovation:
- Through continuous sales/stock monitoring & market trends, advice on pricing actions
- Aid in creating simulation pricing models for testing strategies
- Aid in developing Comparative study model for competitive products
- Aid in developing Standard Procedure documents

Requirements

Knowledge:
- Customer (Guest): Provide excellent customer service to all (internal) customers. Proactively identify requirements & cater to their needs.
- Administration and Management: Document changes and develop reports for management. Work proactively with various teams in order to reach company objectives.
- Sales and Marketing: Understanding of current procedures.
- Financial and Accounting: High numeral & verbal ability.
- English Language: General language understanding & writing.

Education:
- Graduation or Post Graduation in Management / Marketing / Finance.

Certifications:
- Proficient in MS Office.

Experience:
- Over 5 Years. Experience in Pricing will be an added Advantage.

Job related Skills:
- Time Management: Excellent Time management & accuracy.
- Management of Personnel Resources: Analytical and Logical reasoning Skills.
- IT skills including reporting and presentations. Ability to work under pressure.
- Monitoring: Sales Skills Including Customer Handling, Objection handling, Closing of sale.
- Active Learning: Continuously learn from experience and professional trainings
- Stress Tolerance: High
- Achievement/Effort: To be proactive and ability to take initiatives.

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.