Commercial Pricing Specialist

Puchong, M10, MY, Malaysia

Job Description

As a

Commercial Pricing Specialist

at

MIE Material Resources Sdn Bhd

, a core trading arm of the MIE Industrial group, you will manage the critical commercial intersection of procurement and sales. This role focuses on the high-volume trading of

building and construction materials

, alongside

steel products

, ensuring that every quotation issued to clients is both market-competitive and aligns with the company's profitability targets for 2026.

Job Summary



The Commercial Pricing Specialist is responsible for transforming supplier costs into profitable market prices. You will evaluate quotations from a diverse vendor base--ranging from steel fabricators to construction material wholesalers--to support MIE's presence in the

EPCC (Engineering, Procurement, Construction, and Commissioning)

sector for oil, gas, and infrastructure projects.

Key Responsibilities



Quotation Analysis:

Receive and scrutinize supplier quotes for a wide range of materials, including structural steel, reinforcement bars, cement, and general building materials, ensuring all commercial terms are accurate.

Pricing Strategy & Profitability:

Establish resale pricing by calculating "landed costs" (inclusive of logistics, duties, and handling) and applying strategic margins to maximize MIE's profitability.

Steel Market Monitoring:

Actively track global and local steel price indices and commodity trends to mitigate risk and adjust pricing in real-time during volatile market periods.

Tender & Project Costing:

Collaborate with the engineering and procurement teams to provide accurate material cost estimates for large-scale infrastructure and industrial project bids.

Vendor Benchmarking:

Maintain a database of preferred suppliers and conduct regular price benchmarking to ensure MIE is sourcing at the most competitive rates.

Commercial Risk Management:

Identify potential cost overruns in long-term contracts and propose price escalation clauses or alternative sourcing strategies to protect margins.

SQL ERP Management:

Ensure all active material prices, vendor quotations, and profit margin rules are correctly updated and maintained within the

SQL ERP System

to ensure data integrity across the sales and finance modules.

Requirements & Qualifications



Education:



Bachelor's Degree in Finance, Quantity Surveying, Business Administration, or an Engineering discipline related to Construction/Materials.

Experience:



Open to junior or mid-level candidates with a strong grasp of costing principles.

3+ years of experience

in a pricing, costing, or commercial role within the

construction trading or steel fabrication

industries is an

added advantage.

Technical Proficiency:

ERP Expertise:

Experience operating within the

SQL Account / SQL ERP system

for inventory costing, price maintenance, and report generation.

Advanced Excel:

Ability to build automated pricing models using pivot tables and complex formulas to interface with ERP data.

Market Knowledge:

Understanding of the Malaysian construction supply chain and the commercial drivers of the steel industry.

Analytical Mindset:

Ability to process large volumes of vendor data and translate it into clear, profitable pricing decisions.
Job Type: Full-time

Pay: RM4,000.00 - RM5,000.00 per month

Benefits:

Opportunities for promotion Professional development
Work Location: In person

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Job Detail

  • Job Id
    JD1361195
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Puchong, M10, MY, Malaysia
  • Education
    Not mentioned