Pricing Manager

JAGUAR STEEL & COAL PTE LTD; London; On-site; GBP 100,000 - 125,000

Job description

The pricing manager will play a key role in managing the pricing strategy for commodities trading division, with a focus on ferrous, non-ferrous, and other related commodities. The Pricing Manager will work closely with our trading, purchasing, sales, and shipping teams to provide accurate, competitive, and market-driven pricing recommendations while ensuring profitability and aligning with market trends.

Key Responsibilities:

1. Pricing Strategy Development: Develop, implement, and monitor pricing strategies for and related commodities, ensuring they are competitive and in line with market conditions.
2. Market Analysis: Continuously analyse market trends, commodity price fluctuations, and economic conditions to provide timely and informed pricing updates.
3. Collaboration with Trading and Sales Teams: Work closely with the trading, sales, and purchasing teams to align pricing strategies with sales goals and procurement requirements.
4. Risk Management: Assess pricing risks and develop strategies to mitigate any exposure to price volatility in the commodities market.
5. Costing and Margin Analysis: Ensure accurate costings for the products, monitor profit margins, and optimize pricing to maximize profitability.
6. Data Management and Reporting: Prepare and maintain detailed pricing models, reports, and dashboards. Provide regular updates to senior management on market conditions, price trends, and margin analysis.
7. Vendor and Client Negotiations: Assist in negotiations with vendors, clients, and shipping partners to ensure optimal pricing agreements and favourable terms.
8. Compliance and Audit: Ensure compliance with internal financial controls and external regulatory requirements related to pricing practices.
9. Continuous Improvement: Stay updated on industry best practices, new technologies, and pricing methodologies to drive improvements in the pricing process.

Qualifications:

1. Pricing: Strong understanding of financial principles, costing, and margin analysis.
2. Experience: At least 5-7 years of experience in pricing management, commodities trading, or the steel/coal industry.
3. Industry Knowledge: Solid understanding of the commodities trading landscape, including market dynamics, pricing models, and economic factors affecting pricing in the steel and coal sectors.
4. Analytical Skills: Strong analytical and quantitative skills with the ability to develop pricing models, perform margin analysis, and evaluate financial impacts of pricing decisions.
5. Communication Skills: Excellent written and verbal communication skills with the ability to present complex pricing information to both technical and non-technical stakeholders.
6. Software Proficiency: Familiarity with pricing software, financial modelling tools, and Microsoft Excel at an advanced level.
7. Teamwork and Collaboration: Ability to work cross-functionally with various teams, including sales, trading, and operations, to drive pricing strategies and business goals.
8. Attention to Detail: High level of attention to detail, with a focus on accuracy in financial reporting and pricing decisions.

Preferred Skills and Experience:

1. Previous experience in a commodities trading environment or shipping business is highly preferred.
2. Familiarity with risk management and hedging strategies in the commodities market.
3. Experience with contract negotiations and managing vendor/client relationships.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Marketing and Sales

Industries

Wholesale Import and Export