Pricing Specialist at Mama Money

OVERVIEW

This role will be based at our head office in Cape Town, South Africa.

As the Pricing Specialist, you will dynamically manage our daily rates to ensure we are always offering the best value to our customers, and help us to understand our elasticity. You will be responsible for benchmarking and competitor analysis as well as managing day-to-day pricing adjustments. The reports, pricing models, and other tools that you develop will inform tactical and strategic decision making for the business. In addition, you will provide impact analysis of the expected effect of pricing decisions on key business variables such as volume and revenue.

Benchmarks and competitive analysis

• Thoroughly benchmark our formal and informal competitors to understand the market   dynamics
• Build benchmark analysis reports to help develop our strategy, both domestically and internationally

Manage day to day pricing adjustments

• Work closely with the sales team, the marketing team to develop promotional frameworks
• Work closely with the treasury team to align prices and float management

Build long term pricing models and reports

• Run pricing scenarios on different product lines to help inform our revenue generation
• Develop creative and innovative pricing solutions and strategies
• Produce reports, pricing models and other tools to help tactical and strategic decision making
• Provide impact analysis of the expected effect of pricing decisions on key business variables such as volume, revenue
• Understand elasticity

WHAT SKILLS AND EXPERIENCE YOU SHOULD HAVE 

• 3-5 years' experience in pricing management within the retail, telecommunications, or financial service industry.
• Strong mathematical skills and the ability to see marketing patterns and trends
• Financial modelling - using Excel
• Experience with SQL or any data warehousing tool would be advantageous