Senior Pricing Analyst at CARS45 Limited

Job Summary

• Under supervision and guidance of the Vice President, Trading, the Senior Pricing Analyst will be responsible for building Africa’s very own pricing and valuation tool for used cars.
• He/she will lead the execution of pricing strategies for the entire business and will ensure optimization of strategic pricing in order to remain competitive in the automotive market.
• The successful candidate would also help to drive execution for continuous improvement for the pricing processes and optimum deployment of pricing resources for the entire business (Cars45 & CarsBazr).

Essential Job Functions

• Carry out market survey and data gathering of cars and parts pricing
• Conduct trend monitoring and advise on best practices
• Build an Automated Tool (AI)
• Work Closely with Finance, Carsbazr (Retail Sales Team), Valuation/Buying Team and Tech
• Prepare rate quotations, product and benefit recommendations and risk arrangements with particular emphasis on assessing risk and reaching an appropriate level of premium, within parameters, to protect the business
• Diligently share industry knowledge and continually educate our Trading & Auction and Center Ops team on pricing principles and methods
• Contribute recommendations and support to initiatives focused on improving pricing processes, procedures and practices.
• Serve as subject matter expert for pricing by providing financial analysis, margin information/enhancement opportunities, and impact analysis and direction for proposed pricing/programming strategies
• Create analytical models, interpret data and provide recommendations for strategic product/segment price positioning
• Drive tactical execution excellence across all areas of the business
• Function as strategic partner for the Finance team to ensure accurate pricing data for forecasting/budgeting processes
• Provide thought leadership for key critical pricing moves within the automotive (used cars) market by ensuring channel strategies are aligned
• Drive continuous improvement and innovation in the pricing area by suggesting/implementing changes to current processes and strategies to enable agile/flexible responses to prospective volatile competitive market
• Identify Key Performance Indicators relevant to the Pricing impact on profitability to drive accountability and performance measurement
• Build strong cross functional relationships within and outside the business

Knowledge & Experience

• Minimum of 5 years’ of experience in related job
• Ability to perform complex financial modeling using extensive various technical platforms
• Extensive knowledge of ERP systems
• Business manager mindset with drive for continuous process improvement
• Thorough understanding of pricing/cost/margin decisions on company profitability
• Must have good understanding of Pricing and Market Trends

Education

• Bachelor’s degree in Finance/Economics/Statistics or other relevant Commercial or Science degree
• MBA would be an added advantage

Need To Have:

• Strong math or financial skills
• Advanced Microsoft Excel and PowerPoint Skills Excellent analytical, organizational, and interpersonal skills
• Strategic thinking and decision-making skills Well-developed verbal and written communication skills
• Critical and systemic thinker
• Must be able to work independently
• Exceptional listening and analytical skills
• Must be able to effectively deal with people at all levels inside and outside of the company
• Ability to multitask and successfully operate in a fast paced, team environment
• Must adapt well to change and successfully set and adjust priorities as needed
• Strong organizational agility to enhance cross-functional communication and collaboration

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Job Summary

• Under supervision and guidance of the Vice President, Trading, the Senior Pricing Analyst will be responsible for building Africa’s very own pricing and valuation tool for used cars.
• He/she will lead the execution of pricing strategies for the entire business and will ensure optimization of strategic pricing in order to remain competitive in the automotive market.
• The successful candidate would also help to drive execution for continuous improvement for the pricing processes and optimum deployment of pricing resources for the entire business (Cars45 & CarsBazr).

Essential Job Functions

• Carry out market survey and data gathering of cars and parts pricing
• Conduct trend monitoring and advise on best practices
• Build an Automated Tool (AI)
• Work Closely with Finance, Carsbazr (Retail Sales Team), Valuation/Buying Team and Tech
• Prepare rate quotations, product and benefit recommendations and risk arrangements with particular emphasis on assessing risk and reaching an appropriate level of premium, within parameters, to protect the business
• Diligently share industry knowledge and continually educate our Trading & Auction and Center Ops team on pricing principles and methods
• Contribute recommendations and support to initiatives focused on improving pricing processes, procedures and practices.
• Serve as subject matter expert for pricing by providing financial analysis, margin information/enhancement opportunities, and impact analysis and direction for proposed pricing/programming strategies
• Create analytical models, interpret data and provide recommendations for strategic product/segment price positioning
• Drive tactical execution excellence across all areas of the business
• Function as strategic partner for the Finance team to ensure accurate pricing data for forecasting/budgeting processes
• Provide thought leadership for key critical pricing moves within the automotive (used cars) market by ensuring channel strategies are aligned
• Drive continuous improvement and innovation in the pricing area by suggesting/implementing changes to current processes and strategies to enable agile/flexible responses to prospective volatile competitive market
• Identify Key Performance Indicators relevant to the Pricing impact on profitability to drive accountability and performance measurement
• Build strong cross functional relationships within and outside the business

Knowledge & Experience

• Minimum of 5 years’ of experience in related job
• Ability to perform complex financial modeling using extensive various technical platforms
• Extensive knowledge of ERP systems
• Business manager mindset with drive for continuous process improvement
• Thorough understanding of pricing/cost/margin decisions on company profitability
• Must have good understanding of Pricing and Market Trends

Education

• Bachelor’s degree in Finance/Economics/Statistics or other relevant Commercial or Science degree
• MBA would be an added advantage

Need To Have:

• Strong math or financial skills
• Advanced Microsoft Excel and PowerPoint Skills Excellent analytical, organizational, and interpersonal skills
• Strategic thinking and decision-making skills Well-developed verbal and written communication skills
• Critical and systemic thinker
• Must be able to work independently
• Exceptional listening and analytical skills
• Must be able to effectively deal with people at all levels inside and outside of the company
• Ability to multitask and successfully operate in a fast paced, team environment
• Must adapt well to change and successfully set and adjust priorities as needed
• Strong organizational agility to enhance cross-functional communication and collaboration