Posted Position Title Pricing Advisor

Job Number	1844663
Business	GE Home & Business Solutions
Business Segment	GE Lighting
About Us	At GE Lighting, we’re leading a global lighting revolution. In developing innovative energy-efficient lighting products, systems, and solutions for today and the future – such as world-class LED, fluorescent and ceramic metal halide light sources -- GE Lighting teams around the world are dedicated to leading a global lighting revolution to deliver innovative solutions that change the way people light and think about their world. Join us and you’ll find yourself in a dynamic atmosphere working with the most talented people in the industry in an open, developmental environment with abundant opportunities to learn, grow and advance within the organization. If you’re a driven, independent problem solver who brings leadership and enthusiasm to everything you do, then join GE in creating the next generation of products that will improve the lives of consumers for generations to come. GE is committed to diversity. We aim to employ the brightest minds in the world to help us create a limitless source of ideas and opportunities . We believe in hiring talented people of varied backgrounds, experiences and styles - people like you…
Career Level	Experienced
Function	Marketing
Function Segment	Pricing Management
Location(s) Where Opening Is Available	Hungary
City	Budapest
Postal Code	1044
Relocation Expenses	No
Role Summary/Purpose	Working as a part of Europe Pricing Team, you will be responsible of developing, maintaining and implementing pricing to maximize sales and market penetration and ensure long-term profitability objectives are met. Evaluates effectiveness of pricing strategies and modifies pricing structures as needed. Monitors ongoing competitive environment to ensure practices do not adversely impact company reputation or customer satisfaction.
Essential Responsibilities	Leads, develops, evaluates and implements pricing strategies and models based upon current business and competitive market dynamics. Maintains and communicates regular pricing position Leads the proposal for price position changes across products and markets with other functional leaders to insure competitive and financially viable price position. Supports the quarterly pricing process, which incorporates revenue and margin implications of forward pricing plans for assigned product categories as appropriate. Works cross-functionally to correctly position product portfolio and establish pricing programs aligned with product/sales strategy and revenue recognition requirements. Make sure that accurate list price is kept for assigned product portfolio in all relevant systems both online and offline Quarterly price proposal reviews – enable profit and unit market share gains through pricing actions, basing decision on competitive position, business performance, internal cost drivers Partner closely with sales, finance, product groups and other functions to ensure pricing execution meets business requirements and strategy. Monthly reporting on actuals, to include impact of any major price/cost moves Actively participate and provide guidance in monthly/quarterly promotional pricing Cooperate cross-functionally to enable optimal cross-segment, direct and indirect business promo price position. Evaluate, estimate and implement the best promo price strategy related to chosen marketing campaign and tool. Be the trusted interface between Regional Sales/Marketing/Product Managers/Finance and support groups to implement required solutions/processes Communicate and explain key pricing strategies for main stakeholders Sustain highest level of customer focus (internal/external customers)
Qualifications/Requirements	Financial acumen, analytic horsepower, and common sense, combined with organizational agility and good communication skills Ability to build complex Excel models, yet explain the results in plain English and simplify the model for others Willing to work independently in a fast-changing environment with ambiguous roles and responsibilities, and the drive to establish and refine processes and analyses 3-5 years of related experience in pricing, financial/business analysis in a product line management preferred University/College degree in Finance / Marketing / Business Administration or other fields Strong Excel and Power Point knowledge Strong analytical skills Ideally 3-5 years of experience in analytical position Excellent English communications skills - both written and verbal