DGM - Pricing

Job Description

ACCOUNTABILITIES & RESPONSIBILITIES ACCOUNTABILITIES ACTIVITIES 1 Analysis of Internal petroleum price trend and updation of inputs to Management Dashboard reflecting expected price changes in domestic markets in coming fortnight which aids in decision making. Updation of daily international price movement’s update to Dashboard from various publications. Updation of Refinery Transfer prices. 2 Fixation of Retail Selling Price (RSP) for retail outlets on a daily basis and analysis of same based on competitor’s price changes and marketing inputs. Daily finalisation of Domestic Prices for petroleum products. Planning & analysis. MIS to management on the margin analysis that aids in decision making for pricing philosophy. Updation of RSPs based on changes in RTKMs, taxation, freight change, etc. 3 Updation of discounts and selling price for bulk products and sales to PSUs for allocated product category / geographical area on a fortnightly and monthly basis and analysis of same based on competitor price changes and marketing inputs. Fortnightly and Monthly finalisation of Domestic Prices for petroleum products. Pricing for customers based on specific contracts, tenders/ formulae based, etc. Ensure adherence to discount policy. Updation of selling price based on changes in taxation, etc. Provide support to B2B team related to price inputs for various proposals/ tenders 4 Timely updation of prices in SAP for allocated zones / geographical areas and communication to respective Zones / Divisional Offices through pricing Circulars This requires uploading prices in SAP and conducting price check to ensure correct reporting of prices Reviewing updations made by reportees by conducting random checks 5 Analysis for differences observed in Nayara RSPs for all retail outlets with field inputs and recommending action for changes, if any. Analysis and corrections of RSPs if necessary. Keeping track of PSU RSPs and changes in price structure. 6 Mapping and configuration of new pricing mechanisms and/ or changes in tax/ duty structure in SAP based on type of end customers and products. Configuration and updation in SAP Supervising testing of updated changes in SAP Ensuring accuracy once the changes are moved to production 7 Providing inputs on prices, basis futures, market variables, government interferences in policies and tax structures for future planning (both short term and medium term) Providing daily rolling plan inputs. Working jointly with EPS and IST team for providing price inputs for various scenarios for Business / term crude and rolling plan (Forwards). 8 Determination of Internal Transfer Prices for Own Consumption of petroleum products and Computation of Standard Costing Aiding internal transfer of material between Marketing and Refinery. Computation and circulation of Standard Costing report to FP&A team on a fortnightly basis 9 Prepare presentation material for External Conferences, induction for new joinees, management reviews, etc. highlighting key trends, scenarios and basis of pricing affecting overall revenue of the business. Structuring and preparation of presentations and participation in interaction sessions. Conducting induction sessions for new joinees/ transferees, etc. 10 Review pricing discrepancies and audit observations for allotted zones/products/ geographical area if any and ensure closure of same within a reasonable time. Address pricing discrepancies in consultation with all concerned. Address audit queries and provide timely response. 11 Liasoning with Industry Working Group and Nayara Field Ops for keeping up with the current market trends Maintaining touch with Industry members to gain know how of market scenario and potential changes that might affect Nayara Addressing queries from field and resolving their issues, queries if any 12 Be responsible for the work conducted by juniors under his / her guidance and supervision. To train, motivate and mentor junior resources working with her / him. Reviews the works carried out by team members and address their queries. Train, motivate and mentor them. Work jointly with team members and help them develop requisite skill sets.