Economist Analyst

Isilumko Staffing; Johannesburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading staffing company is seeking an experienced Economic Analyst to provide strategic insights and enhance decision-making through meticulous market analysis. The role involves developing tools to optimize procurement processes and foster stakeholder relationships. Candidates should possess a Bachelor's Degree in Economics or a related field and have substantial experience in economic environments, particularly with a strong grasp of market trends and analytics.

Benefits

Professional development opportunities

Dynamic work environment

Health and wellness initiatives

Qualifications

• At least 10 years' experience in an economic environment.
• Proficiency in economic indices and global commodity markets.
• Formal education with a Bachelor's Degree preferably in Economics.

Responsibilities

• Analyze economic data and provide actionable insights.
• Develop tools for procurement cost understanding.
• Create and maintain dashboards for sourcing intelligence.

Skills

Economic analysis

Market trend interpretation

Data analysis

Stakeholder relationship management

Predictive analytics

Problem solving

Business acumen

Education

Bachelor's Degree in Economics or Econometrics

Postgraduate qualification

Tools

MS Office (Excel, Word, PowerPoint)

SharePoint

Job description

Short Description / Purpose of Job : Deliver strategic sourcing and economic intelligence to enhance decision-making and commercial performance.

Analyze economic data, monitor market movements, and develop tools to optimize supplier negotiations.

Act as a subject matter expert on price indices and market analysis.

Recruitment Description / Key Accountabilities :

Analyze economic data and interpret trends to provide actionable insights.

Develop customized tools to understand procurement costs and impact on spend base.

Create price index models and utilize predictive analytics for sourcing optimization.

Maintain a dashboard for sourcing intelligence and stay updated on industry economic factors.

Establish sourcing intelligence frameworks and support knowledge retention activities.

Ensure adherence to safety and risk management standards.

Foster positive relationships with stakeholders to drive transparency in cost analysis.

Continuously improve skills and knowledge through personal development plans.

Formal Education :

University Bachelor's Degree (preferably B Economics / Econometrics).

Postgraduate relevant qualification is advantageous.

Min Experience :

At least 10 years' experience in an economic environment.

Proficiency in economic indices and global commodity markets.

Advanced MS Office (Excel, Word, PowerPoint) and SharePoint skills.

Certification & Professional Membership : None required.

Business Acumen : Demonstrates a deep understanding of business profitability and market dynamics.

Critical Reasoning : Applies logical and sensible thinking to evaluate complex issues.

Problem Solving : Utilizes analytical skills and persistence to solve challenges effectively.

Reporting : Prepares accurate reports by accessing and analyzing relevant information.

Self-Mastery : Takes ownership of personal growth through self-awareness and continuous improvement.