COMPANY DESCRIPTION
REC Group is an international pioneering solar energy company dedicated to empowering consumers with clean, affordable solar power through high-quality solar panels with a leading power density. As Solars Most Trusted, REC is known for its patented innovations and multiple award-winning products with reliable long-term performance. The cornerstone for RECs strong reliability is advanced and highly efficient manufacturing using Industry 4.0 practices. Founded in 1996 in Norway, REC has always been committed to a low carbon footprint in its solar materials and panels. REC is headquartered in Norway with operational headquarters in Singapore and regional hubs in North America, Europe, and Asia-Pacific. As of December 2021, REC is part of Reliance Industries Limited, Indias largest private sector company with revenues of USD 104.6 billion.
Find out more at recgroup.com
RESPONSIBILITIES
The Principal Pricing Analyst plays a pivotal role in demand forecasting and optimizing pricing strategies, particularly focused on Special Price Agreements (SPAs) and corresponding Global Business Processes Oversight across the Sales and Business Unit organizations. This position involves leveraging data analysis, market insights, and collaboration with cross-functional teams to ensure accurate demand forecasts and competitive pricing.
The role encompasses the development and maintenance of pricing models, monitoring of sales activities in the regions, and continuous evaluation of market dynamics to drive profitability and strategic decision making.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Lead pricing analysis and forecasting, considering Special Price Agreements (SPAs) and market dynamics. Critically assess and evaluate data gathered from multiple sources.
- Develop and maintain pricing models that incorporate SPAs, sales to distributors (sell-in) and consequent purchases (sell-out) data, as well as volume discounts.
- Monitor global sales rebate programs, revenue reconciliation & related Global Business Processes.
- Refine and report on monthly revenue forecasts by monitoring the demands in the sales regions and the effect of rebate claims.
- Implement demand planning tools and technologies to streamline processes and improve efficiency.
- Collaborate with sales and finance teams on competitive pricing strategies to maximize profitability.
- Present pricing analysis findings to management for decision making and discussion.
- Be part of pricing control/co-approval process.
- Perform general support to Management team as need.
- Ad hoc analysis of various revenue related items.
- A Bachelors degree in Business, Economics, Finance and related fields.
- 5 years experience in price and sales analytics, sales revenue/channel management with focus on sales effectiveness.
- Working knowledge of business analytics and visualization tools like MS Power BI.
- SAP working knowledge.
- Working knowledge of Salesforce.com is a plus.
- Demonstrates strong ability to perform business analytics using data mining tools and spreadsheets.
- Advanced ability in understanding of data extraction, integration, and delivery to management.
- Extensive experience in analyzing pricing strategies and forecasting revenue.
- Hands-on
- Attention to detail.
- Excellent analytical and communication skills.
- Ability to build credibility and trust.
- Highly motivated proactive individual with ability to work independently.
