Pricing Analyst at Rotation & Precision Machines Limited

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  • Rotation and Precision Machines Limited is a sales and procurement firm that is engaged in providing engineering solutions in all manufacturing sectors. Rotation and Precision Machines Limited specializes in the supply of power transmission products, bearings, conveyor spares, industrial hoses, tools, maintenance (predictive and preventive), lubrication, sea…

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    Pricing Analyst

    • Job Type Full Time
    • Qualification BA/BSc/HND
    • Experience 2 – 4 years
    • Location Lagos
    • Job Field Finance / Accounting / Audit&nbsp

    Key Function

     

    Your role is to develop pricing strategies by performing cost analysis. Key Responsibility as a pricing officer is to prepare a quotation and generate Sales Order for the client

    • Work with the sales, procurement, and supply chain department team to ascertain pricing structure for clients
    • Prepare quotations and generate sales orders for clients.
    • Draft strategic pricing plans and processes to improve revenue

    ·         Evaluating cost price, freight, weight, and lead time to develop pricing for a quote.

    ·         Responsible for tracking and ensuring that RPM wins at least 85% of quotations that they

    send to clients

    ·         Understanding the impact of pricing on profit margins.

    • Acquires inquiries from the procurement team daily.
    • Ensures due diligence is done on the quotes before it is being sent out to the customer.
    • Ensures a weekly preparation and submission of a sales report of offers sent to customers.
    • Ensures a follow-up on customers offers to know the status of the enquiry and quotes sent.
    • Prepare quotations and generate sales orders for clients.
    • Participate in bidding to win orders

    Skills Required

    • Between 2-4years work experience

    ·         Good understanding of margins when pricing

    • Must be good with numbers
    • Attention to detail is a must
    • A keen eye for identifying an opportunity
    • Strong analytical and research skills
    • Good negotiations and problem-solving skills

    Method of Application

    Interested and qualified candidates should forward their CV to: career@rpm.com.ng using the position as subject of email.

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