Pricing Assistant

Pricing Assistant

Epsom Entry level 28800 - 43200 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Assist in pricing strategies and support marketing campaigns with data analysis.
  • Company: Join Toyota Financial Services, a leader in the automotive finance sector.
  • Benefits: Enjoy hybrid working, generous leave, private healthcare, and a vibrant workplace culture.
  • Why this job: Gain valuable experience in financial services while working in a supportive and dynamic environment.
  • Qualifications: Strong A-Levels in relevant subjects and proficiency in Microsoft Office, especially Excel.
  • Other info: Opportunities for personal development and fun annual events await you!

The predicted salary is between 28800 - 43200 £ per year.

The role in a nutshell: Working with the Pricing Analyst and Pricing Manager to deliver TFSUK's pricing strategy. Using approved pricing parameters, templates and methodologies, you will work with teams from across TFS providing support to business cases, national marketing campaigns and wholesale funding opportunities. You will have access to senior leaders and decision makers providing high quality pricing outputs to support TFSUK's go to market strategy.

A bit about the Department: The Pricing Team are responsible for the pricing of new business written by TFSUK, including Toyota, Lexus and Mazda new quarterly market campaigns and used car finance packages and offers. They are also responsible for the pricing of Fleet Finance packages and offers and wholesale funding opportunities. They work across functions with colleagues from Sales, Marketing and Treasury, aiming to balance the need to provide shareholder value whilst going to market with the most competitive offer.

What you'll be doing:

  • Working with a Pricing Analyst on the pricing of National Marketing Campaigns and subsidy costs
  • Supporting Sales and Marketing Programmes teams to deliver compelling customer offers for existing and new models
  • Preparation / analysis of 'Centre Profitability' and business cases for review by the Pricing team, in partnership with the Sales Team
  • Supporting in presentation of business cases to senior leaders.
  • Preparation of month end deliverables including reporting on returns, borrowing costs and TFS penetration metrics
  • Work in adherence with the agreed Pricing policies and procedures.
  • Support in the development of new Pricing models as required
  • Preparation of Dealer Rates and Terms including getting these terms live.

Experience you'll gain:

  • Understanding of Financial Services in the UK auto market
  • Enhance your analytical skills.
  • Stakeholder management.
  • Exposure to the Treasury Department and money markets.
  • Ability to problem solve in response to ad hoc queries / insight based on data
  • Working within a dynamic and fast-paced environment that encourages personal development and fosters growth
  • Supportive work relationship with management board and fellow team members

Requirements Key Experience & Skills:

  • Strong A-Levels or equivalent in Accountancy, Business Studies, Maths, Economics or related fields
  • Proficiencies in using Microsoft Office software, including Excel at an intermediate level or above.
  • Exposure to the Motor industry and/or the Financial Services sector would be ideal.

Benefits:

  • Hybrid working pattern is 2 days in the office and 3 days from a location of your choice
  • Access to attractive car schemes for you (& your family) for Toyota & Lexus cars
  • Excellent pension scheme (up to 6% employee contribution and 15% employer contribution)
  • Generous annual leave of 25 days which increases with service and holiday purchase option
  • Private Medical Healthcare (single, partner/spouse and dependent children) with Digital GP Service
  • Group Income Protection cover with Aviva including physical, mental, and financial wellbeing services
  • Employee Assistance Program
  • Eye tests
  • Onsite gym, Sports and Social Club, & flu jabs to keep you healthy
  • Wellbeing hour each month and many more initiatives throughout the year to encourage a healthy mind and body, and to raise awareness and celebrate diversity, equity and inclusion
  • Dress for your day policy to make you feel comfortable at work
  • Eco HQ, free parking & restaurant
  • Two volunteering days per year
  • Reward gateway voucher discounts
  • Flexible working scheme and we welcome flexible working conversations at interview
  • Regular 121s with your manager, a personal development review (PReview) each quarter
  • A wide range of learning & development opportunities including Linked In Learning courses
  • £250 contribution towards you learning something new outside of work
  • Annual events (e.g., summer party, BBQ & Xmas party) including Countdown to Christmas events every December - it is so much fun!

Our Recruitment Process: At Toyota Financial Services (TFS) we value everyone and are pleased to be recognised as a Disability Confident Employer. We are committed to supporting disabled applicants throughout the recruitment process. Should you meet the minimum criteria for this role and wish to apply under the DC scheme, you may be moved forward to the next stage. Please ensure to add this information into your application. When it comes to recruitment, please do let us know if we can adjust our process to meet your accessibility needs. Some examples of how we might be able to help are listed below:

  • Providing a copy of interview questions before the interview
  • Organising a time and location that best suits you
  • Allowing additional time for the assessment and interview
  • We are happy to review any adjustment on a case-by-case basis to support you to be your best self.

Pricing Assistant employer: Toyota Financial Services (UK) PLC

At Toyota Financial Services (TFS), we pride ourselves on being an exceptional employer, offering a supportive and dynamic work environment that fosters personal and professional growth. With a hybrid working model, generous benefits including an excellent pension scheme, private medical healthcare, and a commitment to employee wellbeing, TFS is dedicated to creating a workplace where every team member can thrive. Our collaborative culture encourages innovation and provides access to senior leaders, ensuring that you are well-equipped to contribute meaningfully to our pricing strategy in the UK auto market.
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Contact Detail:

Toyota Financial Services (UK) PLC Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Assistant

✨Tip Number 1

Familiarise yourself with the automotive and financial services sectors, particularly focusing on pricing strategies. Understanding how pricing impacts market competitiveness will give you an edge in discussions during interviews.

✨Tip Number 2

Brush up on your Excel skills, especially in data analysis and reporting. Being able to demonstrate your proficiency in handling complex data sets will be crucial for the role and can set you apart from other candidates.

✨Tip Number 3

Network with professionals in the automotive finance industry. Engaging with current employees or attending industry events can provide insights into the company culture and expectations, which can be beneficial during your application process.

✨Tip Number 4

Prepare to discuss your analytical problem-solving skills. Think of examples where you've successfully tackled challenges using data-driven decisions, as this will resonate well with the responsibilities of the Pricing Assistant role.

We think you need these skills to ace Pricing Assistant

Analytical Skills
Proficiency in Microsoft Excel
Understanding of Financial Services
Knowledge of the Motor Industry
Attention to Detail
Stakeholder Management
Problem-Solving Skills
Data Analysis
Communication Skills
Ability to Work in a Fast-Paced Environment
Presentation Skills
Business Case Preparation
Team Collaboration
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Pricing Assistant role. Emphasise your analytical skills, proficiency in Microsoft Office, and any exposure to the motor industry or financial services.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific aspects of TFSUK's pricing strategy that excite you and how your background makes you a great fit for the team.

Highlight Relevant Experience: In your application, focus on any previous roles or projects where you've worked with pricing strategies, data analysis, or stakeholder management. Use concrete examples to demonstrate your capabilities.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Pricing Assistant.

How to prepare for a job interview at Toyota Financial Services (UK) PLC

✨Understand the Pricing Strategy

Familiarise yourself with TFSUK's pricing strategy and how it aligns with their market goals. Be prepared to discuss how you can contribute to this strategy and provide examples of your analytical skills in action.

✨Showcase Your Analytical Skills

Since the role involves preparation and analysis of profitability and business cases, be ready to demonstrate your analytical abilities. Bring examples of past experiences where you've successfully analysed data or contributed to financial decision-making.

✨Prepare for Stakeholder Management Questions

Given the collaborative nature of the role, expect questions about stakeholder management. Think of instances where you've worked with different teams or departments and how you navigated those relationships to achieve a common goal.

✨Demonstrate Proficiency in Microsoft Excel

As proficiency in Excel is crucial for this position, be prepared to discuss your experience with the software. You might even want to brush up on key functions and features that are relevant to pricing analysis, as you may be asked to solve a problem or analyse data during the interview.

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