Specialist: Pricing and Administration Analyst at Motus Aftermarket Parts

Specific Role Responsibilities    

• Conducting market research to learn more about competitor pricing for comparable items.
• Consolidate and input daily competitor pricing from various inputs. Report on competitor pricing trends.
• Reviewing previous sales data and budget revenue/profit needs and suggesting a market price for a range of products based on their findings.
• Identify appropriate sales and clearance prices to increase sales or reduce stockholding according to business requirement.
• Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.
• Recommending pricing strategies that align closely with market trends and identifying new market segments.
• Investigation, validation, and feedback of price discrepancies/queries.
• Synchronizing of pricing between 2 different ERP’s
• Updating price increases, maintaining price discount matrix.
• Reviewing and administration of price deviations and exceptions, pro-actively recommending actions to address pricing issues.
• Undertake ad-hoc pricing analysis as required.
• Monitoring potential “below-cost” debtors and special deals.
• Monitoring supplier inbound pricing, adherence to agreed pricing and deals.

Qualifications and Experience    

• Matric/Grade 12
• Product and Price Management Degree or Diploma
• Problem-solving: Pricing analysts use problem-solving skills to identify declining sales trends and devise strategies to improve them.
• Previous experience as a pricing analyst in a similar industry.
• Proficiency in business intelligence (BI) software, such as Power BI, SAP Business Objects BI (Webbi).
• Knowledge about the automotive aftermarket industry and trends.

Skills and Personal Attributes    

• Effective reporting and presentation skills.
• Proficient in the use of MS Excel, PowerPoint.
• Experience with MS Dynamics 365 would be beneficial.
• Strong quantitative and analytical skills: The job requires providing insight working with large data and numbers. Therefore, it is important that applicants are equipped with quantitative and analytical skills, and the ability to identify the right tools applicable to a given data set for a valid result.
• Communication skills: They are required to have effective communication skills to relate effectively with team members at all levels. It is also important that they have the strong writing skills necessary for documenting pricing processes and creating reports.
• Research skills: Pricing analysts utilize data from multiple sources to contribute to pricing process improvement projects and aid pricing decisions. So, it is important that applicants can undertake research to pull information from internal and external sources and perform ad hoc analysis using the appropriate statistical technique.
• Detail-oriented: The ability to pay close attention to detail while remaining accurate is crucial in the analysis of large collections of data.