Pricing Analyst

Chainlink SA; Boksburg; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading South African firm is seeking a Pricing Analyst to analyze, manage, and optimize pricing structures. This role involves working closely with Procurement, Finance, Sales, and Operations to ensure that pricing decisions align with business strategy and are data-driven. Ideal applicants will have Matric, a relevant degree, and 2-5 years of experience in price analytics, preferably from a manufacturing or engineering background. Strong Excel skills and analytical thinking are crucial for success in this position.

Qualifications

• Minimum 2-5 years' experience in procurement price analytics.
• Manufacturing or engineering experience advantageous.
• Understanding of procurement policies and controls.

Responsibilities

• Analyse supplier pricing and cost breakdowns.
• Conduct price variance analysis.
• Support supplier negotiations with pricing insights.
• Maintain pricing models and reports.

Skills

Strong Excel skills

Analytical thinking

Strong communication skills

Problem-solving ability

Cross-functional collaboration

Education

Matric/Grade 12

Bachelor's Degree or Advanced Diploma in Finance, Accounting, Economics, Business Administration, Statistics or Data Analytics

Tools

ERP systems

Job description

Overview

We are looking for a Pricing Analyst with the following skills and experience:

Qualifications and Experience

QUALIFICATIONS AND EXPERIENCE:

• Matric/Grade 12.
• Bachelor's Degree or Advanced Diploma in the follow:
• • Finance or Accounting
  • Economics
  • Business Administration
  • Statistics or Data Analytics
• Minimum 2-5 years' experience in procurement price analytics
• Manufacturing or engineering experience advantageous
• ERP system knowledge
• Strong Excel and reporting skills
• Understanding of procurement policies and controls
• Ability to work under pressure
• Strong communication and problem-solving ability
• Effective cross-functional collaboration with Engineering, Aftermarket and Production teams.
• Ability to work independently, prioritise tasks, and meet deadlines
• Ethical and transparent behaviour at all times.
• Must be able to follow structured processes and respect cross functional boundaries.
• Strong administrative and organisational skills
• High attention to detail and data accuracy
• Analytical thinking
• ERP system proficiency
• Price & Cost Analysis

General

• The Procurement Pricing Analyst is responsible tor analysing, managing, and optimising pricing structures to support profitability, cost control, and competitive positioning. The role works closely with Procurement, Finance, Sales, and Operations to ensure pricing decisions are data- driven and aligned to business strategy.

Duties and Responsibilities

• Analyse supplier pricing, cost breakdowns, and cost drivers
• Monitor price movements, inflation trends, and exchange rate impacts
• Conduct price variance analysis (actual vs budget, current vs previous)
• Support supplier negotiations with pricing and cost insights
• Develop should-cost models and pricing benchmarks
• Maintain pricing models, dashboards, and reports
• Track savings, cost avoidance, and procurement performance
• Validate supplier price increase requests
• Support audits and pricing governance
• Support buyers and pricing analysts with data and administration
• Ensure adherence to procurement policies and controls
• Always adhere to the Code of Ethics with all purchases.
• Identifying cost-saving opportunities through alternative sourcing and vendor innovation.
• Analyse supplier pricing, cost breakdowns, and rate structures to ensure competitiveness and value for money
• Conduct total cost of ownership (TCO) and should-cost analyses to support sourcing decisions
• Identify pricing trends, cost drivers, and inflationary risks across categories
• Benchmark prices against market data, historical spend, and alternate suppliers
• Accuracy of procurement and supplier data
• Contract and pricing data integrity
• Compliance with BBEEE and regulatory requirements
• Audit outcomes related to procurement documentation
• Integrity of all upkeeping of current and relevant information
• Support negotiations by preparing detailed pricing models and savings scenarios
• Validate supplier quotes, tenders, and pricing adjustments for accuracy and compliance
• Monitor contract pricing, escalations, rebates, and index-linked increases
• Ensure pricing terms are correctly implemented in contracts and ERP systems
• Assist Management and the Procurement Team with any ad hoc projects and requests at all times.