What are the responsibilities and job description for the Pricing Coordinator position at Cibo Vita?
Cibo Vita, a leading manufacturer in the snack industry, is seeking a Pricing Coordinator to join our dynamic team. The Pricing Coordinator will play a key role in developing and maintaining our pricing strategies to ensure competitiveness in the market. This position involves collaboration with multiple departments including sales, marketing, and finance to analyze pricing data, monitor market trends, and implement pricing adjustments as necessary.
Responsibilities- Core Responsibilities of a Pricing Coordinator
- 1. Price Management
- Maintain and update pricing databases to ensure accurate and current pricing information.
- Implement approved pricing changes across systems and communication channels.
- Ensure all price lists and promotions align with company policies and strategies.
- 2. Data Analysis
- Analyze pricing data, sales trends, and market conditions to provide insights for decision-making.
- Monitor competitor pricing and market trends to identify opportunities or risks.
- Generate pricing reports and metrics for management review.
- 3. Collaboration and Communication
- Work closely with the sales and marketing teams to align pricing with campaigns and customer segments.
- Communicate price changes to relevant stakeholders, including customers, vendors, and internal departments.
- Support the finance team in setting budgets and forecasting revenue based on pricing strategies.
- 4. Discount and Promotion Oversight
- Coordinate and implement discounts, promotions, and special pricing agreements.
- Track the effectiveness of promotions and make recommendations for improvements.
- 5. Compliance and Accuracy
- Ensure all pricing aligns with legal regulations and company policies.
- Conduct regular audits to identify and resolve pricing discrepancies.
- 6. Systems and Tools Management
- Utilize pricing software and ERP systems to input and manage pricing information.
- Troubleshoot pricing-related system errors and collaborate with IT when necessary.
- 7. Customer Support
- Respond to inquiries from customers and sales teams regarding pricing issues or disputes.
- Provide guidance on pricing structures and promotions to ensure clear understanding.
- Bachelor's degree.
- Minimum of 2years of experience in pricing, finance, or a related analytical role.
- Key Skills for a Pricing Coordinator
- Strong analytical and problem-solving abilities.
- Manufacturing Pricing Experience
- Proficiency in Excel, data visualization tools, and ERP systems.
- Excellent communication and interpersonal skills for cross-department collaboration.
- Attention to detail to ensure accuracy in pricing data and documentation.
- Ability to work under pressure and manage multiple priorities.
