Business Analyst Manager at Food Concepts Plc

Job Purpose

• To support the delivery of Analysis and insights by providing data and information for the day-to-day operation of the business and identify pricing opportunities for the business.

Core Responsibilities and Key Result Areas
Recipe costing:

• Reviews food recipe and determines appropriate costing of menu items
• Converts recipes for use in quantity preparation.
• Ensure up to date costing of material items
• Performs margin and pricing sensitivity analysis in order to support business initiatives
• Develop price points for new product launches to improve profit margin and sales volumes.

Business Analysis:

• Reviews products menu to determine the best and worst performing products by location
• Determine location theoretical GP and cost benefit per location
• Monitors pricing decisions and proactively monitor products’ performance to determine whether revaluation is needed
• Ensures pricing accuracy across all store types and regions
• Performs products and volumes profitability analysis.

Competitive Analysis:

• Monitors and update commercial and competitor price lists
• Analyze market trends, including competitors’ prices, consumer habits, marketing strategies and profitability
• Work closely with relevant teams to capture pricing strategies and opportunities.

Data Analytics:

• Reporting on daily, weekly, and monthly product performance.

Key Performance Indicators

• Ensures an updated product price list by clusters
• Ensures an updated competitor price list
• Maintain and regularly update pricing models
• Develop regular templates to drive business operation.

Job Specifications
Educational Requirements:

• A good First Degree in Mathematics, Statistics, Computer Science, Economics, or Finance.
• Experience Requirements: Minimum of 5 years’ experience in a similar role is required .
• Professional Requirements: Relevant professional degree is an added advantage.