Sr. Manager-Pricing Promotion

Job Title

Role Summary

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. 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.