Pricing Analyst

Closing Date	2024/04/19
Reference Number	NAN230627-3
Job Title	Pricing Analyst
Department	Supply Chain
Job Type	Permanent
Reporting To (Job Title)	Pricing and Analytics Manager
Number of Positions	1
Location – Country	South Africa
Location – Province	Gauteng
Location – Town / City	Johannesburg
Nandos Casa	Central Kitchen

Job Description

The Pricing Analyst will be responsible for the review and analysis of commercial statements, expenditures and purchases, as well as the development and implementation of continuous improvement initiatives within the organisation.

Minimum Requirements

• Degree in Finance / Accounting / Economics (NQF Level 7)
• Driver’s license
• 2-5 Years’ Financial Accounting and Analysis experience

Duties and Responsibilities

Pricing Methodology Policies, Processes and Procedures

• Develop,recommend and drive implementation of pricing methodologies to support the overall company goals
• Provide input into all existing Pricing policies, processes and procedures to ensure continuous improvement within the business unit/ company
• Provide input into menu pricing for budget purposes in line with supply chain strategy

Operational Management

• Develop modeling methods to determine the potential impact of pricing strategies on profitability
• Identify and recommend innovative pricing structures and sales funnels to limit the impact on the menu
• Develop measurement tools to identify market trends and perform competitor analysis
• Facilitate / Coordinate the supply and timeous availability of product information (Supply Chain, Casas, Inventory Management System etc.)
• Attend to and resolve all queries or discrepancies timeously and escalate when necessary
• Attend to any ad hoc requests required by management

Pricing and Financial Analysis and Reporting

• Analyse and report on all queries and discrepancies received and recommend / implement continuous improvement initiatives
• Update, analyse, track and report on supplier pricing forecasts monthly
• Analyse and report on pricing data against industry standards, previous sales trends and competitors
• Track and Report on process analysis monthly and recommend and implement streamlining initiatives
• Capture relevant data accurately and compile, prepare and submit monthly market comparisons reports
• Analyse pricing discrepancies and take corrective action timeously
• Reconcile, consolidate, and analyse financial data and reports (income statements, balance sheets, expenditure etc.) to report on trends, discrepancies, market performance and recommend continuous improvement initiatives

Stakeholder Relationship Management

• Create and maintain strong working relationships with all relevant internal and external stakeholders
• Work collaboratively with Sales, IT and Procurement teams to ensure a smooth new business processing operation

Governance, Risk and Compliance

• Adhere to all company standards, policies, governance and compliance rules and regulations
• Ensure compliance to all regulatory framework (e.g. Competition Act, Anti-corruption and Bribery Act etc.)
• Strive to maintain an ethical team environment

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All the best with your applications.