Pricing Analyst at AECI Limited

Purpose of the Job

• This is a role assisting in driving the company's pricing strategy, ensuring optimal product profitability and alignment with business objectives. This position supports all aspects of pricing governance, competitive positioning, and financial analysis to support data-driven decision-making. The role is responsible for assistance in developing and implementing robust pricing frameworks, maintaining price integrity, and ensuring compliance with competition regulations.

Roles and Responsibilities

• Develop and Implement Pricing Strategy: provide assistance in pricing frameworks that maximize profitability while ensuring customer retention and market alignment. Continuously refine pricing models to reflect cost structures, competitive landscapes, and financial targets
• Ensure Pricing Governance and Compliance:  Maintain integrity and standardization in all pricing processes, ensuring consistency across business units.  Ensure full compliance with competition laws and regulatory pricing guidelines
• Leverage Business Intelligence for Decision-Making:  Assist in developing pricing dashboards and reports using software such as SAP, Power BI, Tableau etc.
• Support High-Value Contract Negotiations and Tender Application:  Support the Commercial Analyst pricing strategy discussions for major customer contracts, tenders, and business proposals.  Work closely with sales, finance, and leadership teams to structure commercially viable pricing agreements.
• Drive Continuous Improvement and Cross-Functional Collaboration:  Support pricing transformation initiatives, ensuring best practices in pricing analytics and strategy.  Partner with internal teams to enhance the pricing function’s contribution to business success.

Qualifications and Experience

• Bachelor's degree in Accounting, Supply Chain, or a related field
• CA(SA) advantageous
• 5 years and above experience dealing in production environments
• Strong understanding of SAP pricing modules, sales orders, and financial reporting tools.
• 5 years and above experience in pricing, commercial finance, or strategic sales, with a strong track record of developing and executing pricing models.
• Extensive experience in competitive pricing analysis, margin management, and financial modelling
• Experience in regulated industries would be advantageous, with a strong understanding of pricing compliance, governance frameworks, and regulatory requirements.

Key Competencies

• Deep expertise in pricing strategy development, including cost-based, value-based, and competitive pricing models
• Exceptional stakeholder management
• Problem-solving mindset, capable of addressing pricing challenges in a dynamic business environment.
• Experience with SAP