Pricing Manager | Al Futtaim Automotive | Financial Services

Date: 26 Mar 2024

Location: AE

Company: Al Futtaim Private Company LLC

Job Requisition ID: [[160024]] 

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

 

Overview of the role:

Perform pricing function for Overseas lease and rental business.

 

What you will do:

Financials 

  • Circulation of standardized pricing rate list to Sales team.
  • Tender Pricing: Review of tender requirements and preparation of pricing simulation files for review with management. 
  • Preparation of pricing for special requirements like fabricated vehicles, extensions, etc.
  • Calculation of rental holding cost and maintain DOA for rental rates.
     

Systems

  • Tomorrow Journey readiness for quote creation 
  • Update with latest models, purchase prices and all cost elements. Ensure DOA set up for margin flow in system is done.
  • Make quotations for special pricing.

 

Governance and process improvement

  • Overall governance of pricing activity including margin control, pricing policies etc
  • Governance of tender review process in collaboration with tender management team
  • Manage the system governance from control and DoA perspective
  • Governance of automated Lease rate calculators for different channels 
     

Required Skills to be successful:

  • Minimum of 3 years’ experience in pricing within Automotive 
  • Bachelor degree in accounting or finance 
  • Good communication skills
  • Good analytical thinking and skills 

 

About the Team:

This role will be reporting to Pricing Manager.

 

What equips you for the role:

  • Education: Accounting background. 
  • Minimum Experience and Knowledge:  Minimum 3 years of experience pricing/costing function
  • Job-Specific/Technical Skills required to complete the tasks: Data Analysis, MS-Excel, Costing
     

 

 

 

About Al-Futtaim Automotive
A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with presence in 10 countries across the Middle East, Asia and Africa.
Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo and RAM.
We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers - right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences. 
We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment.
What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. This is Al-Futtaim Automotive and we empower talent to move forward.