Retail Analyst

MBA-Exchange.com; Cape Town; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading online retailer in Cape Town is looking for a talented Retail Analyst to join their team. The role involves conducting market analysis, managing stock optimization, and utilizing data visualization tools like Power BI. Candidates should have a Bachelor’s Degree and at least 5 years of analytical experience. This position offers flexibility and opportunities to shape the retail industry.

Benefits

Flexible Total Remuneration Package

Dynamic work environment

Career growth opportunities

Qualifications

• 5+ years’ experience in an analytical, finance or management consulting role.
• High proficiency in advanced Excel for data manipulation.
• Experience using statistical methods for forecasting and modeling.

Responsibilities

• Conduct strategic & market analysis including competitor mapping.
• Translate insights into operational plans with the division.
• Manage demand planning and stock optimization.

Skills

Analytical thinking

Problem-solving

Data visualization

Critical thinking

Attention to detail

Education

Bachelor’s Degree in Information Systems

BTech or Advanced Diploma in Computer Science

Tools

Excel

Power BI

Tableau

SQL

ETL tools (Python, R)

Job description

takealot.com, South Africa's leading online retailer, is looking for a highly talented Retail Analyst to join our Retail team in Cape Town.

We are a young, dynamic, hyper growth company looking for smart, creative, hard-working people with integrity to join us. We offer a market related, Total Remuneration Package which allows full flexibility according to your needs, a great work environment and a promise that you won’t be bored as long as you are prepared for a challenge and want to build something great.

This position reports to the Head of Advanced Analytics

Responsibilities

• Strategic & market analysis including market research and competitor mapping; identifying price, selection, sourcing and brand opportunities.
• Ability to translate above insights into operational plans with Division Manager.
• Risk management of performance vs targets: Identify & quantify gaps & opportunities in order to meet & exceed targets.
• Build seasonal plans /strategies based on historic trends & division strategies.
• Overseeing demand planning & stock optimisation including budget management.
• Forward planning of promotional activities & margin management.
• Create divisional performance monitoring reports including KPI templates & dashboards. Support key supplier meetings with data-driven insights.
• Own the reporting architecture and manage data integrity.

• Overseeing demand planning & stock optimisation including budget management.
• Forward planning of promotional activities & margin management.
• Create divisional performance monitoring reports including KPI templates & dashboards. Support key supplier meetings with data-driven insights.
• Own the reporting architecture and manage data integrity.

Attributes

• Analytical and critical thinking, using data to inform decisions.
• Logical individual, motivated by building workable solutions.
• Solutions-oriented, can-do attitude, self-motivated.
• Strong prioritisation and managerial skills.
• Exceptional attention to detail.
• Ability to manage complex interfaces & senior relationships.
• Strong aptitude to learn new systems.
• Strong understanding of business processes, acumen and interlinked relationships.

Qualification & Experience

• Bachelor’s Degree, BTech or Advanced Diploma in Information Systems, Computer Science, Mathematics, Engineering, Statistics or Data Science or related.
• 5+ years’ experience in an analytical, finance or management consulting experience.
• High proficiency in advanced Excel.
• Experience using data visualization tools such as Power BI, Tableau, Looker or similar to manipulate and analyse large datasets
• Experience with ETL tools (Python, Knime, R, or similar)
• Experience using statistical methods such as regression, forecasting and modelling

Attributes Required

• A deep understanding of the retail industry, including market trends, consumer behaviour, and the competitive landscape, is essential. Keeping up to date with industry news and developments is also crucial.
• Proficiency in data analysis is crucial. Retail analysts should be skilled in using tools like Microsoft Excel, SQL, and data visualization software (e.g., Tableau) to manipulate and analyse large datasets.
• Knowledge of merchandising strategies, inventory management principles, and supply chain operations is valuable for assessing product performance and optimizing stock levels.
• Retail analysts should be able to interpret financial statements, assess profitability, and evaluate key financial metrics like gross margin, return on investment (ROI), and inventory turnover.
• Proficiency in statistical methods and tools is useful for conducting hypothesis testing, forecasting demand, and conducting regression analyses to identify correlations and patterns.
• Conducting market research, including surveys, focus groups, and competitor analysis, can help retail analysts gather valuable insights into customer preferences and market dynamics.
• Familiarity with retail-specific software and technology, such as point-of-sale (POS) systems, customer relationship management (CRM) software, and e-commerce platforms, is beneficial.
• Understanding: Knowledge of consumer psychology and behaviour is crucial for understanding why customers make purchasing decisions and how to influence their choices.
• Effective communication is essential for presenting findings and recommendations to stakeholders, including both technical and non-technical audiences.
• Retail analysts should be skilled at identifying problems, generating hypotheses, and devising data-driven solutions to address business challenges.

The Environment

• takealot.com employees are entrepreneurial and dynamic, smart, customer- centric, fun and have the shared ambition of takealot.com being the leading e- commerce company in Africa.
• We have fun, work hard, take ownership, work in teams to create solutions, and are always open to direct feedback/new ideas on where we can improve.
• We are short on ego and high on output.
• We are doers and not only thinkers, its all in the execution after all.
• We love what we do and what we are creating .
• We seek to employ an Extra Ordinary Mind who is Smart, has Integrity, and is Hardworking.

If you meet the above you are an Extraordinary Mind so come and join us!

Takealot Group is an Equal Opportunity Employer. We encourage applicants from the previously disadvantaged groups and people with disabilities, to apply.