Assistant Manager Vendor Pricing

1 week ago

Lahore, Punjab, Pakistan Al Ghazi Tractors Ltd. (Al-Futtaim Group) Full time

About us:

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group's entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

About the Division:

Al-Ghazi Tractors Limited, the subsidiary company of Al-Futtaim group of Dubai, is a story of rollicking success. With consistent corporate achievements, the company is recognized for corporate excellence and "Best Corporate Performance".

With its Corporate office in Lahore, the AGTL plant at Dera Ghazi Khan, manufactures New Holland (Fiat) tractors in technical collaboration with CNHI - Case New Holland, the Number One manufacturer of agricultural tractors in the world. The AGTL plant, an icon of engineering dynamics operates on high efficiency. With Quality Control and Quality Assurance, quality improvement systems exist at every level. One of our mission statement reads: "Our most enduring competitive edge is the quality of tractors".

What you will do?

Purpose

To Support vendor pricing and costing tasks by helping with price calculations, updating new rates in SAP, working with vendors, and preparing simple reports for decision-making.

Key Responsibilities

  • Help maintain and monitor the Price Increase Budget.
  • Support in getting vendor prices within set budget limits.
  • Prepare simple cost estimates using material and LVA rates.
  • Knowledge of raw material prices used in tractor and auto parts manufacturing.
  • Join vendor meetings and help in preparing pricing summaries.
  • Update new and revised part rates accurately into SAP.
  • Assist in preparing Engagement Letters after price approval.
  • Share required pricing or provision data with Finance team on time.
  • Help prepare reports like stock position, price trend, and other needed reports.
  • Work on model-wise Budget vs Actual reports for tracking costs.

Education:

Bachelor's/master's degree in commerce, Logistics, Business Administration, or related field. Professional certification (ACCA/CMA/ACMA etc.) preferred.

Minimum Experience and Knowledge:

3-4 years' Experience in the automotive industry, with at least 1 year in costing within the automotive or manufacturing industry.

Job-Specific/Technical Skills required to complete the tasks:

  • Strong analytical skills with working knowledge of cost modelling and financial analysis.
  • Proficient in MS Excel and ERP systems.
  • Good communication and coordination skills to work with cross-functional teams.
  • Basic knowledge of pricing and costing.
  • Advance MS Excel.
  • Familiar with SAP.
  • Good communication and coordination skills.
  • Attention to detail.
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