Manager - Commercial

Majid Al Futtaim

The Role

Overview

Supports sales via visual merchandising, pricing, forecasting and supplier management.

Key Responsibilities

  • forecast validation
  • price optimization
  • competitor review
  • profitability monitoring
  • margin mix
  • sensitivity analysis

Tasks

-Validate forecasting accuracy for regular and promotion pricing -Validating price optimization and promotion simulations results and double check with countries and follow up with management -Review price positioning vs. competitors in each market closely and validate most important KPIs such as price index, matching ratio and pricing investments to the counties and management -Monitor and analyse the sections/department profitability for every pricing strategy (different zones or clusters) -Monitor competitors’ prices for similar products and recommend corrective actions -Ensure that the price is following the Margin Mix and its proper incorporation with the commercial strategy -Validate the pricing analysis on a monthly basis and work on the development of the price sensitivity list -Validate the sensitivity report to analyse the reaction of direct competitors

Requirements

  • 7+ yrs
  • bachelor’s degree
  • pricing
  • negotiation
  • product knowledge
  • planning

What You Bring

-7+ years in a similar position -Bachelor’s Degree in Administration or related field -Strong pricing and negotiation skills -Product/category/brand knowledge -Strong planning and organization

Benefits

-Work in a friendly environment, where everyone shares positive vibes and excited about our future. -Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.

The Company

About Majid Al Futtaim

-Created from a vision to redefine shopping and leisure in the Middle East, this group evolved from a single founder's idea into a cross-continental leader. -It drives growth through major retail and community hubs like shopping malls, hotels, and mixed-use developments. -Features exclusive franchises and key projects such as Carrefour hypermarkets, VOX cinemas, Ski Dubai, iFly Dubai, and the iconic Mall of the Emirates. -Operates a leisure division that introduces unique attractions like indoor skiing, skydiving, waterparks, and flagship stores for LEGO and American Girl. -Known for impressive achievements, including the region's largest indoor ski floor, the first corporate green sukuk in the Middle East, and a multi-screen IMAX and 4DX cinema flagship.

Sector Specialisms

Shopping Malls

Hotels

Cinema

Hypermarket

Supermarket

Leisure and Entertainment

Residential Communities

Retail

Credit Card Solutions

Pre-paid Card Solutions

Mobile Commerce Solutions

Dining Concepts

Hospitality

Energy Management

Facilities Management

Water Management

Waste Management

Financial Services

Insurance

Consumer Financing

Commercial Financing

Wealth Management

Asset Management