complete job description
Job Specifications
The Pricing Analyst will oversee the creation and execution of the organization’s continuous improvement programmes in addition to reviewing and analysing financial accounts, expenses, and purchases.
Minimum Conditions
a degree at the NQF Level 7 in finance, accounting, or economics
Licence to drive
two to five years of expertise in financial analysis and accounting
obligations and liabilities
Methodology of Pricing Procedures, Processes, and Policies
Create, advocate for, and oversee the use of pricing strategies to further the overarching objectives of the business.
Contribute to all current pricing policies, methods, and processes to guarantee that the business unit or firm is always improving.
Contribute to menu pricing in accordance with supply chain strategy for financial reasons.
Management of Operations
Provide modelling techniques to assess how pricing initiatives could affect profitability.
Determine and suggest creative pricing schemes and sales channels to lessen the effect on the menu.
Create measuring instruments to detect market trends and analyse competitors.
Organise and facilitate the timely provision of product information (Supply Chain, Casas, Inventory Management System, etc.).
Respond to and settle any questions or disagreements promptly, elevating the situation if needed.
Respond to any ad hoc requests that management may require.
Analysis and Reporting of Pricing and Finances
Evaluate and report on all inquiries and inconsistencies received, and make recommendations for or carry out activities for continual development.
Monthly updates, analysis, monitoring, and reporting on supplier pricing estimates
Examine and document pricing information in relation to competitors, past sales patterns, and industry norms.
Monitor and report on process analysis on a monthly basis, as well as suggest and carry out measures for streamlining
Capture relevant data accurately and compile, prepare and submit monthly market comparisons reports
Examine pricing disparities and promptly implement corrective measures.
Compile, organise, and evaluate financial information.
Management of Stakeholder Relations
Establish and preserve a solid working rapport with all pertinent internal and external stakeholders.
In order to guarantee a seamless new business processing operation, cooperate with the sales, IT, and procurement teams.
Compliance, Risk, and Governance
Respect all corporate guidelines, rules, and policies on governance, compliance, and standards.
Make sure that all regulations are followed, including the Anti-Corruption and Bribery Act, the Competition Act, and others.
Make an effort to uphold a moral team environment.
