Key Responsibilities

- Manage end-to-end costing and pricing activities.

- Collect and maintain updated vendor prices, including currency, MOQ, payment terms, freight, and delivery terms.

- Verify and compare current vendor prices with previous purchase prices and identify price variations.

- Prepare product-wise costing sheets based on vendor purchase prices and applicable commercial costs.

- Calculate and allocate relevant company overheads to determine the actual product cost.

- Determine recommended selling prices based on cost, target margin, customer requirements, quantity, country, and market conditions.

- Prepare different pricing levels such as target price, minimum price, standard price, and special/negotiation price where required.

- Analyse customer-wise pricing and maintain consistency with historical selling prices and customer categories.

- Prepare quantity-based pricing and analyse the impact of order quantity on cost and profit margins.

- Compare competitor and market prices and recommend suitable pricing strategies to the Sales and Management teams.

- Review market conditions, product demand, competition, and customer importance while recommending selling prices.

- Support the Sales Team with accurate and timely costing and pricing for quotations and customer negotiations

- Review special pricing requests from Sales and evaluate their impact on cost, margin, and profitability.

- Monitor target margins and ensure that products are not quoted below the approved or required margin without proper approval.

- Highlight low-margin, negative-margin,



or high-cost products/orders to Management for review and approval.

- Review quotations before submission to ensure correct product cost, selling price, margin, freight, duties, and other commercial components.

- Prepare MIS and reports related to vendor price changes, product costing, selling prices, margins, customer pricing, and country-wise profitability

Requirements

- B.Com / B.E. / Diploma or equivalent.

- 2–5 years' experience in Costing / Pricing / Commercial / Purchase / Procurement or related role.

- Experience dealing with engineering / industrial products preferred.

- Strong knowledge of costing and pricing concepts.

- Strong analytical and numerical skills.

- Good knowledge of Excel and ability to prepare and maintain costing sheets.

- Ability to calculate landed cost, overheads, margins, and selling prices.

- Ability to analyse vendor pricing and commercial terms.

- Ability to compare current and previous purchase prices.

- Ability to analyse customer-wise, country-wise, and quantity-wise pricing.

- Ability to analyse market and competitor pricing.

- Ability to understand product specifications and their impact on costing and pricing.

- Strong communication and coordination skills.

- Ability to coordinate with Sales, Purchase, Stores, Logistics, Finance, and Management.

- Ability to prepare and present costing, pricing, margin, and commercial reports to Management.

- Solid commercial mindset with focus on cost control, profitability, and competitive pricing.

Benefits

- Timely Payout

- Bonus

- Leave Encashment

- Insurance

Graduate

📌 Commercial Costing & Pricing Executive (Thane)
🏢 Rama Mining Tools Private
📍 Thane