Summary
Overview
Work History
Education
Skills
Accomplishments
Languages
Timeline
Generic

Nisha Nair

Bengaluru

Summary

Astute professional bringing 7 years of industry experience. Successfully revamps and strengthens controls, reorganizes processes, simplifies procedures to maximize efficiency and accuracy of records and a good communicator who works well under pressure and thrives in an atmosphere of challenge.

Analytical Pricing Analyst with background in developing effective pricing strategies and market forecasts. Strengths include strong analytical skills, ability to interpret complex data, and proficiency in financial modeling. Notable track record of improving profitability through strategic price optimization. Instrumental in creating models that significantly improved decision-making processes.

Overview

8
8
years of professional experience

Work History

Pricing Analyst

Target Corporation India
02.2023 - Current
  • Everyday pricing in retail refers to the regular, non-promotional prices at which products or services are sold to customers on a day-to-day basis
  • It is the standard pricing that customers can expect to encounter when they visit a store or shop online, as opposed to sale prices, clearance prices, or prices associated with special promotions or discounts
  • We will majorly focus on the competitors pricing
  • Conduct thorough market analysis to identify pricing trends and market misalignments
  • Implement pricing strategies to optimize revenue and maintain competitiveness
  • Monitor cost increases and recommend adjustments to ensure profitability
  • Collaborate with cross-functional teams to develop and execute pricing initiatives
  • Provide fast sell alerts based on real-time market data to capitalize on opportunities
  • Utilize competitor data in Monday recaps to fine-tune pricing strategies
  • Analyzed local and global market trends to identify opportunities and threats
  • Implemented channel pricing strategies to maximize revenue streams
  • Conducted comprehensive competitive analysis for informed decision-making
  • Collaborated with sales and marketing teams to align pricing with promotional strategies
  • Developed and maintained comprehensive pricing models to support strategic pricing decisions
  • Conducted competitive pricing analysis to identify market trends and adjust pricing strategies accordingly
  • Collaborated with product management and marketing teams to develop pricing structures for new product launches
  • Managed high priority pricing initiatives, ensuring accurate execution and alignment with business goals
  • Provided actionable insights and recommendations to senior management based on pricing analysis and market research
  • Assisted in the development of pricing strategies for various product lines and services
  • Conducted market research and competitor analysis to support pricing decisions
  • Prepared detailed pricing reports and presentations for senior management review
  • Managed routine pricing updates and adjustments in accordance with market dynamics
  • Supported cross-functional teams with pricing-related inquiries and data analysis

Senior Merchandizing Analyst

03.2022 - 02.2023
  • Central processing: The Central Processing team mainly concentrates on promotion activities of an item and creates an advertisement on a weekly basis for circulars and digital
  • Once the vendor submits the deal as per Category Manager's specifications, Category Manager approves the deal and then the Merchandizing analyst takes over by reviewing the deal and creating ads for the ad week
  • Authorizing deals in deal central, creating ADs based on the AD layouts
  • Proofing the AD blocks once it is dragged and dropped and reviewed by the advertising team
  • Billing invoices I, e billing the vendors based on the sales and promotion activities which take place at the stores
  • Problem solving such as investigating if the store faces any issues with regards to items not scanning in system, pricing issues, mis pick etc
  • Creating Blueprint and SharePoint messages, this is to notify the stores if there are any corrections or upcoming promotions which need to be done and taken care of
  • Worked on store communication: such as pulling movement report from the application and dividing it based on the vendors and the sale percentage and then billing the vendors accordingly
  • Store credits: This is done when there are multiple vendors participating in the sale and we bill them manually
  • (Mix and match with different categories)
  • Billing slotting invoices, Miscellaneous and reward to the vendors
  • Maintained and created SOPs for team members for further assistance and future references
  • Trained new joiners and mentored them with regards to the process

Accounting Sr Specialist | Finance Operations

10.2019 - 03.2022
  • Prepare Balance sheet Reconciliations for various Receivable and Payable Accounts and Post journal entries as needed
  • Reporting outstanding balances to stores and leadership group
  • Cross trained on General and Cash Audit - Impact accuracy of reported revenue by reviewing accuracy of point-of-sale transaction data, rectify errors and process missing transactions
  • Validate refunds and cancel incorrect payments
  • Created process documents for team's reference
  • Assigned daily workload to the team and reported completion status (EOD) to leadership and counterparts
  • Collaborated with different teams in getting IT and other issues resolved in the team
  • Training new joiners on the processes and mentoring with regards to process related queries

Pricing Analyst || Senior Pricing Associate

06.2016 - 10.2019
  • Entering and Validation of store level prices based on merchants' plan
  • Analyze change in prices and correction of price points in the Epic tool
  • Collaboration with the Plano home office partners to get the required information to complete the work
  • Training and assisting new hires during the ramp period
  • Created Process documents for further reference
  • Creating offers on Prometric's Tool as per the Events on the Marketing Blocks (PPFC)
  • Updating /modifying the prices for stores channel and revising the prices as per merchants request for prices changes
  • Worked on MDL offers for Division 5 (Jewelry)
  • Worked on MAT shared reports for reporting purpose
  • Worked on Ecomm Auditing for price changes
  • Cross Trained and assisted team members from ITEM SET UP on the pricing process for Prometric's
  • Cross trained on Item Set Up Process and worked on setting up few items
  • As a merchandizer I have handled around 10 million sku's worth $525M by planning, item setup, allocating performing in depth analysis and making business decisions accordingly to 850 retail stores and ECom DC's
  • Additionally, I have experience in inventory optimization coordinating with inventory planners and Buyers

Education

Bachelor of commerce -

Sree Venkateshwara college of management studies

Pre - University college -

St. Annes college

SSLC -

Sree Venkateshwara school

Skills

  • Fluency in Microsoft Office - Word
  • Fluency in MS Excel
  • Fluency in MS Power Point
  • Fluency in Oracle RMS
  • Fluency in ReSA
  • Fluency in OBIEE
  • Fluency in R12 applications
  • Knowledge of Basic SQL
  • Excellent communication skills
  • Sales Audit
  • Reporting Analysis
  • Month-end Reports
  • Audit Support
  • Account Reconciliation
  • GL and Journal Entries
  • Sales Analysis
  • Pricing Strategies
  • Competitive Analysis
  • Microsoft Excel

Accomplishments

  • Initiated implementation of process simplification ideas (Process automation), leading to an increase in productivity with better quality and efficiency also, saving time and manual efforts.
  • Received best team - quarterly award.
  • Received Extra miler award for completing Non - RPA.
  • Highly appreciated for organizing fun events and guest speaker events.
  • RPA & Non - RPA process automations, brought down manual efforts of 4 people to 1 person saving significant amount of time.
  • SME both in terms of tools and processes for Pricing Team.
  • Successfully transitioned from EPIC to Profimetrics, Go - live on Prod after handling testing phase of the tool.
  • Resolving disputes on refunds, incorrect invoices, unauthorized purchases.
  • Highly recognized by both locations for transitioning new pricing tool.
  • Have received performer of the month three times in Pricing.
  • Daily workload was completed the same day and ensured deliverables were met with quality benchmark and maintained 100% accuracy.
  • Automated the process such as government vouchers, 210202 account, refund checks, EOD mails etc. where 242 hours was saved per annum, by automating this process we could complete the work within 2-3 mins.

Languages

  • English
  • Hindi
  • Kannada
  • Malayalam

Timeline

Pricing Analyst

Target Corporation India
02.2023 - Current

Senior Merchandizing Analyst

03.2022 - 02.2023

Accounting Sr Specialist | Finance Operations

10.2019 - 03.2022

Pricing Analyst || Senior Pricing Associate

06.2016 - 10.2019

Bachelor of commerce -

Sree Venkateshwara college of management studies

Pre - University college -

St. Annes college

SSLC -

Sree Venkateshwara school
Nisha Nair