Pricing & Commercial Analyst

Role Overview

We are seeking a Pricing & Commercial Analyst to oversee the pricing strategy, profitability evaluation, and market benchmarking for products within a rapidly expanding e-commerce firm. This position entails ensuring competitive and profitable pricing across all product ranges by closely tracking costs, sales, and competitor movements.

Key Responsibilities

• Evaluate product and shipping expenses along with profit margins to establish optimal selling prices.
• Track competitor prices and market trends across relevant categories continuously.
• Regularly update pricing on the website to maintain accuracy and consistency.
• Detect products that are priced too low, too high, or yield low margins and suggest corrective price changes.
• Monitor profitability at both product and category levels and assist with margin enhancement efforts.
• Analyze sales data and customer buying patterns to inform pricing strategies.
• Provide support for pricing promotions, discounts, and clearance sales activities.
• Assess slow-moving stock items and propose pricing tactics to boost turnover.
• Compile reports on pricing, margins, and profitability for senior management review.
• Maintain detailed records including pricing trackers, competitor pricing reports, and commercial dashboards.

Qualifications and Experience

• Possess a Bachelor's degree in Business Administration, Finance, Economics, Accounting, Commerce, or a closely related discipline.
• Have between 2 to 5 years of experience in areas such as pricing strategy, commercial analysis, retail operations, merchandising, finance, or within e-commerce.
• Demonstrate strong analytical capabilities and aptitude for solving complex problems.
• Showcase advanced skills in Microsoft Excel and Google Sheets.
• Experience handling extensive product datasets.
• High level of attention to detail and accuracy is essential.
• Excellent communication skills and the ability to coordinate across teams effectively.