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Price Administrator/ Analyst​

Company Name:  LB Polyolefin Shanghai Co

Shanghai, CN

Req ID:  72662
Facility:  Shanghai-484
Department:  Customer Service North Asia
Division:  Global APS and Supply Chain

Price Administrator/ Analyst

Basic Function
  • Handles price file updates, formula priced accounts update, price analysis and maintenance for RMB Business in China.
  • Analyses and administers price change requests from field sales including history of pricing for specific customers, market segments, product types and competitors.
  • Follows through the SAP system to ensure the correct price and volume data are reported via Business Warehouse.
  • Identifies SAP and Vendavo system and process improvement and supports test run of new functions.
  • Makes price decisions within guidelines established by business management and according to company policies.
  • Analyses chargebacks and resolves within the established business rules.
  • Maintains up–to-date rebate and price adjustment accruals based on established guidelines and initiates credit /debit notes to settle the accrual.
Basic Function (cont'd)
  • Coordinates the entire contract approval process including maintenance of electronic proposal files.
  • Communicates approval / non-approval of price changes via the established system within 48 hours of a price change request.
  • Maintain customer and material master record update to ensure efficient system transaction.
  • Analyses between the monthly target price from Marketing/Business Managers and monthly transaction price so as to provide comparison and improvement for their pricing decision.
  • Maintain and reinforce proper Pricing system control with Sales and Marketing/Business Managers to meet the audit purpose
Roles & Responsibilities

- Monthly & Quarterly review of  Sales Rebate and Agents Commission accrual for IRMB biz, to ensure that Price adjustment are being posted in Company Book according to pricing policy procedure

Acts as lead tester for system testing needed for  system upgrade and maintenance of SAP for RMB biz

Analyze price vs target and floor prices and provide monthly reports to line manager

- coordinate with Business Managers/Marketing Managers approvals for any sales with price lower than target

Maintain the Customer and Material Master Record Update for RMB business

- Maintain and reinforce proper Pricing control system  with RMB Sales, Marketing Mangers

- conduct pricing process and policy training to sales team if needed

Min. Qualifications


University / college degree preferably in economics, finance or supply chain or equivalent business degree

Work Experience:

5 to 10 years of working experience in in multi-national company in pricing or master data functions.


  • Data analytical and numerical skills
  • SAP SD/PI model
  • Windows office


  1. English
  2. one or more other Asian language depending on the customers
Core Competencies

Communication -  Communicates messages in a clear way that does not leave room for ambiguous interpretation


Priority Setting – Spends his/her time and the time of others on what's important; quickly zeros in on the critical few and puts the trivial many aside; can quickly sense what will help or hinder accomplishing a goal; eliminates roadblocks; creates focus.


Drive for Results –  Steadfastly pushes self and others for results; works with passion and a sense of urgency; seeks opportunities to improve results and processes in a proactive manner; contributes to the goals and profitability of the company


Teamwork Attitude – willing to strive together in order to realize solutions in a challenging team setting, looking for common interest, aspires to reach answers to problems and solutions in the interest of the company 

Functional Competencies

Customer focus – building strong customer relationships and delivering customer centric solutions, focus on internal and external customers.


Collaborates – building partnerships and working collaboratively with others to meet shared objectives, within and cross functions.


Cultivates innovation – creating new and better ways for the organization to be successful, uses lateral thinking, questions the status quo.


Problem Solving  – Ability to analyze  problems and detect root causes. Implements and monitors tools and measures to resolve the problems


Master Data  – Understanding master data set up in SAP under and ensure accuracy in close collaboration with Master Data team 

Builds effective teams
Cultivates innovation
Customer focus
Demonstrates courage
Drives results
Ensures accountability
Instills trust and exemplifies integrity

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