Pricing Analyst

Found in: Talent HK C2 - 2 weeks ago


Hong Kong, Hong Kong SAR China Hermès Full time

Reporting to the APAC Finance Manager, you will act as the Leader of the pricing process to develop the regional pricing strategy, lead the pricing process and drive analytics to enable business performance in the Asia Pacific region. This role will work closely with different stakeholders locally in the Hong Kong Regional office, as well as the central teams in the Paris Headquarter office.

Responsibilities

Pricing Strategy

Develop market and competitor price analysis (key countries / locations / products) through deep-dive business and business performance analysis and market study to optimize pricing effectiveness.  Create and maintain a regional price database. Analyze price consistency at market and product level. Provide pricing review and recommendations, validate the regional annual price adjustments with local and central teams. Update and maintain price lists based on group annual price increase calendar. Ensure new prices are communicated on time to each client. Define the regional pricing strategy to ensure brand consistency and local competitive relevance.  Control the margin improvement / erosion impacted by prices and cost of goods evolution. Clarify assortment for each client in collaboration with marketing and commercial teams.  Be the local key contact for the central marketing controlling team in Paris for pricing topic.

Pricing Process

Propose and strengthen the APAC processes related to invoicing (commercial discounts, credit notes, change invoicing currencies…). Implement process and controls on exchange rates agreements with clients. Implement new tools to automatize the daily operations.  Communicate with Hermes Perfumes & Beauty Central Teams about general practices.  Develop and present price assumptions and financial summary to management.

Reporting and Analysis

Perform comprehensive market research and channel analytics to identify trends, insights, and recommendations. Work on market insights report in close collaboration with the APAC Business analyst, the commercial team, and distributors. Be point of contact for the local agency providing the competitors data.  Support risks and opportunities analysis and work on actions plans with the commercial team to achieve business goals. Prepare financial analysis, reporting and presentation decks. Prepare and present regular launches reports based on needs and marketing calendar.  Support the team on commercial contracts review and renewal. 

Qualification

University degree in finance, business or marketing related discipline. Minimum 3 years’ experience in finance, business analysis or marketing. Understanding of APAC Markets and luxury retail industry is an advantage. Advanced Excel skills, strong analytical skill and attention to detail. Rigorous, Curious and autonomous. Business oriented and open mindedness. Ability to demonstrate initiative and proactively identify improvements in processes. Fluent in written and spoken English, French or Chinese language skills a plus.
 
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