Product Costing & Pricing Expert (Saudi National)

About the Role

TK Elevator is seeking a Product Costing & Pricing Expert to join their team in Eastern, Saudi Arabia. This full-time role involves translating technical elevator designs into a comprehensive financial structure, ensuring accurate product costing, and defining commercial pricing strategies. The expert will develop effective pricing models for internal stakeholders and facilitate seamless invoicing through SAP systems.

Key Responsibilities

• Analyze technical product designs and convert them into detailed cost structures, including materials, labor, manufacturing, and overheads.
• Develop and maintain pricing models for elevator products, options, and configurations aligned with regional market dynamics.
• Define commercial pricing strategies, ensuring competitiveness while maintaining profitability.
• Collaborate closely with engineering, procurement, and manufacturing teams to validate cost assumptions and optimize product costs.
• Support Commercial & Quotation Processes (CQP) by providing accurate costing inputs for pricing decisions.
• Ensure correct pricing data flow into SAP for invoicing and financial reporting.
• Evaluate cost drivers and identify opportunities for cost optimization and value engineering.
• Conduct margin analysis and provide insights to sales and leadership teams.
• Align pricing structures with Saudi Arabia market requirements, regulations, and competitive landscape.
• Support new product launches with cost and price setup.

Qualifications and Experience

• Bachelor’s degree in Engineering, Finance, or a related field (MBA preferred).
• Over 10 years of experience in a relevant field.
• Strong understanding of elevator components, systems, and manufacturing processes.
• Proven experience working with SAP (pricing, costing, and invoicing modules).
• Expertise in cost modeling, pricing strategies, and financial analysis.
• Experience working in Middle East markets, preferably Saudi Arabia, is a plus.

Required Skills

• Strong cross-functional collaboration and stakeholder management skills.
• Excellent analytical, problem-solving, and communication abilities.

Work Type

This is a full-time position based in Eastern, Saudi Arabia.

Application Process

Further details regarding the application process will be provided upon inquiry.