Manager - Pricing

Majid Al Futtaim is hiring a Manager - Pricing in Dubai, United Arab Emirates. Level rates it ; you can apply on Majid Al Futtaim.

Level's read on this job

On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
Level classifies it as a mid-level role.
Level lists 249 other open roles at Majid Al Futtaim.
The role was posted in the last few days.

AI in this role

JOB TITLE
Manager - Pricing | MAF Retail | Head Office UAE

ROLE SUMMARY
Responsible for the proper incorporation of the price in the pricing mix being aligned with the company strategy in order to meet the set targets and to remain competitive in the market.

ROLE PROFILE

Develop/review policies, procedures and processes of pricing, manage pricing procedure, enhance processes and improve efficiency to ensure timely response to market conditions.
Determine the feasibility and the optimal pricing for new products, thus working closely with the sourcing team.
Monitor pricing to ensure the objectives are achieved, analyse financial impact of price approach in view of overall history and take corrective measures.
Monitor competitors’ prices for similar products and recommend / take corrective actions.
Ensure that the price is following the Margin Mix and its proper incorporation with the commercial strategy.
Review the pricing analysis on a weekly/monthly basis and work on the development of the price sensitivity list.
Monitor and analyse the sections/department profitability for every pricing strategy (different zones or clusters).
Define the “Mass Margin” and the margin by Family/Sub Family taking into consideration category role to ensure high profitability by remaining competitive.

REQUIREMENTS

Bachelor’s degree in commerce, Finance or Marketing
4+ year professional experience in finance or Pricing
3+ year experience in Retail or managerial role
English (Full professional proficiency - Required) Country Language where applicable

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. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
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.

How we rate this

Manager - Pricing at Majid Al Futtaim rates 36 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.