The Pricing Analyst reports into the finance organization and actively plays a
key role in strategic and tactical pricing decisions for digital channels
and/or for assigned regions/corridors. Partners with sales, marketing, and
data teams to help determine a course of action that will strengthen
MoneyGram's customer proposition in digital or assigned region/corridor
channels. Works on automating pricing processes and reporting dashboards;
provides reporting and analytical insight leading to business recommendations.
Primary Responsibilities
* Works with Data, Sales, Marketing and/or Financial Planning & Analysis (FP&A) teams to produce financial business cases for pricing changes.
* Focuses on driving pricing-specific growth initiatives by utilizing techniques to measure customer price sensitivity, predict customer behavior & conversion and optimize prices to achieve business financial and customer relationship objectives.
* Analyzes & reports impact of strategic pricing initiatives (particularly channel and product investments) and works with the manager to ensure that results and lessons learned are systematically captured.
* Tracks and reports business case performance post-implementation of pricing changes.
* Analyzes and reports on assigned region, country, corridor, and agent transaction data and look for pricing opportunities.
* Develops and analyzes customer and competitor insights to propose new revenue opportunities.
* Provides financial planning, pricing, and revenue management modelling support as required in relation to new product and channel development initiatives.
* Delivers presentations that describe model results and recommendations to senior executives and other key stakeholders.
* Works on automating processes and reporting dashboards.
* Develops pricing and financial content for executive level presentations and assists the manager in communicating and discussing information as needed.
* Monitors and tracks foreign currencies and foreign exchange margin positions for key corridors while highlighting changes required to the pricing manager.
* Participates in quarterly forecasting, annual planning and long-term strategic planning that is part of the FP&A process.
* Conducts ad-hoc reporting and other miscellaneous projects as assigned.
* Performs other duties as needed.
Qualifications
Education
* BA/BS degree (concentration in Finance preferred).
Experience
* 5 years of relevant work experience in finance and analysis or pricing.
* Strong understanding of Pricing Strategy to include Price Elasticity, Value-based, and Penetration strategies.
Essential Skills
* Excellent analytical and organizational skills, project management skills desirable, with attention to detail and an enquiring disposition towards taking ownership of projects where required.
* Technical Experience/Aptitude with any of the following: SQL, Python, SAS, Tableau etc.
* Advanced knowledge of Excel and PowerPoint.
* Experience analyzing data from databases and applying statistical and analytical techniques.
* Good communication and presentations skills, being able to share and clearly explain business insight, findings, and judgement.
* Ability to recommend/implement operational processes to optimize performance.
* Ability to commit to and demonstrate the Corporate Values: Integrity, Respect, Commitment.
* Fluency in English (speak, write, and read).
* Preferred Skills:
* Experience with Essbase and Cognos
* Experience working in an International company and exposure to operating in a fast paced/high growth environment. Money transfer/remittance experience would be ideal.
* Pending position location, fluency in other languages may be preferred
Primary Location: United Arab Emirates-AE-Dubai-Dubai
Work Locations: AE_Corp_Dubai_8 West Wing 8 West Wing A 301 Airport Free Zone
PO BOX 54458 Dubai
Job: Strategic Pricing
Organization: Finance
: Full-time
Travel: Yes, 15 % of the Time
Job Posting: Jun 29, 2022, 6:01:19 AM
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