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  • Posted: Mar 27, 2024
    Deadline: Not specified
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    The genesis of The Concept Group was initially borne from a functional and structural approach, simply delivering better effectiveness through shared services of back office functions for its more market facing organizations. As the organization grew, the Group along with its member subsidiaries have evolved to embody much more. As a tested guiding light,...
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    Internal Control Executive

    Description

    • The Internal Auditor/ Control Executive is responsible for improving our operations by introducing a systematic and disciplined approach to effective risk management, and control processes.
    • The job requires thorough knowledge of accounting procedures, obtaining, analyzing and evaluating accounting documentation, reports, data, flowcharts etc.

    Duties & Responsibilities

    • Objectively review the organization's business processes
    • Evaluate the efficacy of risk management processes in place.
    • Make recommendations on how to improve internal controls. Identify loopholes and recommend risk-mitigating measures.
    • Review of petty cash.
    • Protect against fraud and theft of the organization's asset.
    • Callover of postings by the collections team to assess correctness, promptness and completeness.
    • Callover of ledger postings by the Accounts department to ensure correctness and adherence to accounting principles and guidelines.
    • Periodic risk assessment of internal processes in order to identify loopholes and proffering appropriate solutions.
    • Conduct investigations into identified and reported cases as required.
    • Ensure and monitor compliance to internal and regulatory policies.
    • Anticipate emerging risks through data and regular assessments.
    • Other relevant roles as ordered by the Head of department and senior officers in the department.
    • Carry out internal control tasks as assigned by the manager.

    Qualifications / Requirements

    • Proven work experience as Internal Auditor/control officer.
    • Advanced computer skills on MS Office, accounting software and databases
    • University Degree in Accounting or Finance.
    • ICAN/ACCA certification (or in view).

    Job Knowledge:

    • Basic accounting skills
    • Good communication skills
    • Good interpersonal relationship

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    Product Pricing Analyst / Strategist

    Job Summary

    • Pricing analysts are highly analytical and work with complex data from multiple sources to help an organization determine and set competitive prices to increase market share and achieve revenue goals.
    • They are responsible for developing pricing models that incorporate margins for promotional and seasonal pricing based on competitor, market, and customer data.
    • The role of the Product Pricing Strategist encompasses working with the product team members and all other stakeholders within the organization to ensure that the pricing for all new & existing products across our business lines; Asset creation and Wealth management are optimally set to ensure optimal product performance, exponential growth and business profitability.

    Duties and Responsibilities

    • Conducting market research to identify pricing trends, customer preferences, and competitor pricing strategies.
    • Analyzing data and developing pricing models that optimize revenue and profitability.
    • Collaborating with cross-functional teams, including sales, marketing, and finance, to develop pricing strategies that align with business goals.
    • Lead pricing-related projects including establishing timelines, defining deliverables and drafting communications or presentations.
    • Maintain knowledge and stay abreast of developments in the industry via information obtained from financial publications and services, government agencies, company sources, and personal interviews
    • Monitoring sales performance and adjusting pricing strategies as necessary to improve revenue and profitability.
    • Developing pricing policies and guidelines that ensure consistency across product lines and geographies.
    • Conducting pricing experiments and analyzing the results to identify opportunities for optimization.
    • Communicating pricing strategies and recommendations to senior leadership and other stakeholders.
    • Responsible for documenting and maintaining pricing processes.
    • Responsible for the review and administration of price deviations and exceptions.
    • Guarantee the accuracy of pricing data in ERP, targeting to eliminate pricing errors and ensure accurate communication to customers/clients
    • Any other tasks as assigned by the line manager

    Requirements

    • Bachelor's Degree in Finance, Economics, Statistics, Business Administration or other relevant fields
    • Minimum of three (3) years’ quality experience in a similar role.
    • Proven and successful experience leading high-performing product pricing and promotional strategies for a business, resulting in increased revenue

    Job Knowledge:

    • Must have a strong understanding of market trends, consumer behavior, and pricing strategies
    • Must be knowledgeable on product development methodologies
    • Must be knowledgeable on project management
    • Must be familiar with data analysis and interpretation
    • Must be able to conduct product lifecycle analysis
    • Must understand voice of customer (VOC)
    • Must have knowledge on strategy creation for product adoption.

    Skills/Competencies:

    • Ability to work collaboratively with cross-functional teams
    • Ability to work independently and effectively in a team environment
    • Excellent analytical, decision-making, and problem- solving skills
    • Attention to accuracy and detail required
    • Critical thinking and problem resolution skills
    • Must be technologically savvy
    • Excellent organizational, planning, verbal, and written communication skills
    • Competence to analyze financial and non-financial data
    • Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form
    • Ability to effectively exchange information, in verbal or written form, by sharing ideas, reporting facts and other information, responding to questions, and employing active listening techniques
    • Proficiency in data analysis tools and techniques, such as Excel, SQL, and statistical software

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    Strategic Adviser

    Scope and Impact

    • This individual, the Management’s eyes, ears and problem-solveracross the business, holds a significant position as a middle-level management executive within the company.
    • The primary role entails overseeing and monitoring the operations and performance of all the strategic departments achieve exceptional levels of productivity and efficiency.
    • The individual is responsible for documents, key strategic initiatives and intellectual property of the company and work closely with the relevant departments on behalf of the Management in implementing the strategies to align with the company's overall goals and objectives of the company

    Job Summary

    • The ideal candidate plays a pivotal role in achieving the company’s strategic goals.
    • The Strategic Adviser will be responsible for providing support to the Management, coordinating with various strategic departments and teams, tracking progress towards goals and KPIs, reporting to the Management Executives, liaising with the relevant strategic units and department to monitor their project, provide feedbacks and updates to Executive Management and driving all the strategic initiatives of Executive Management to attain timely and quality delivery.
    • Reporting to top-level management, this role requires a combination of strong leadership, strategic vision, and operational expertise to ensure the efficient functioning and growth of the department or area of responsibility.

    Duties and Responsibilities

    • Work closely with the leadership team to develop and execute the company's strategic plan.
    • Project management including tracking progress towards high-level strategic goals and KPIs.
    • Provide regular reports to the Executive Management.
    • Prepare materials for board meetings and coordinate with various departments to ensure timely delivery of information.
    • Assist Management to track and provide analytical reports on the development of strategic initiatives, financial performance and the market.
    • Work closely with CFO and Finance team on financial modeling.
    • Help develop decision making models with inputs from various teams.
    • Work with departmental leaders within jurisdiction to develop and implement strategies that align with the company's overall goals and objectives. Providing guidance to direct reports.
    • Working with senior management and other peers for strategy development and execution planning.
    • Ensure that projects are completed on time, within budget, and to the required quality standards.
    • Analyze data and make recommendations for improvements to processes, procedures, and systems.
    • Working across functions with peers in other groups to ensure collaboration for shared goals.
    • Stay up-to-date with industry trends and best practices, and apply this knowledge to drive innovation and growth
    • Communicate Management’s directives effectively with necessary employees, stakeholders, and customers, both verbally and in writing.
    • Ensure compliance with all relevant laws, regulations, and policies.
    • Participating in recruitment of keyman positions.
    • Prepare regular reports on departmental activities, including progress updates, performance metrics, and key operational insights. Maintain accurate documentation and records related to projects, processes, and departmental activities.
    • Any other task as assigned by Line Manager

    Requirements

    • Bachelor's Degree (or equivalent experience) in Accounting & Finance or Business Administration with a strong background in finance and business development and be highly analytical
    • 3+ years previous experience in strategic or management consulting is added advantage
    • Strong analytical skills and experience with goal and KPI tracking
    • Strong experience developing models in Excel/Google Sheets
    • Excellent communication and presentation skills, with the ability to effectively communicate with Team Leads, Executive Management
    • Proven ability to work in a fast-paced environment and handle multiple tasks simultaneously
    • Strong business development background and experience in identifying and pursuing growth opportunities
    • Experience with project management tools and software
    • Excellent graphical presentation skills
    • Problem-solving and active listening
    • Knowledge of financial modeling and analysis
    • An ability to manage multiple projects across disciplines is very important
    • Professional certifications such as PMP, Six Sigma, or CFA are a plus
    • Experience in organizing and directing multiple teams and departments
    • Experience in planning and leading strategic initiatives

    Job Knowledge:

    • Proven track record of successful leadership and team management.
    • Good understanding of practices, theories, and policies involved in business and finance.
    • Ability to develop and implement strategic plans
    • Excellent communication and interpersonal skills
    • Strong problem-solving and decision-making abilities
    • Knowledge of industry trends and best practices
    • Excellent analytical and critical thinking abilities
    • Ability to work well under pressure and meet deadlines

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    Commercial Pricing Manager

    Job Summary

    • The Commercial Pricing Manager plays a pivotal role in driving profitability and revenue growth for the company by developing and implementing effective pricing strategies.
    • They are responsible for analyzing market dynamics, assessing competitor pricing strategies, and optimizing pricing models to maximize profitability while maintaining competitiveness.
    • The role requires a strong analytical mindset, strategic thinking, and excellent communication skills to collaborate across departments and drive alignment with overall business objectives.

    Scope and Impact

    • The Commercial Pricing Manager's role encompasses the strategic development, analysis, and optimization of pricing strategies within a company.
    • They are tasked with assessing market dynamics, competitor pricing strategies, and internal cost structures to set prices that maximize profitability while maintaining competitiveness. Their responsibilities span across various aspects of pricing, including product pricing, discounting strategies, contract negotiations, and revenue management.
    • Additionally, they collaborate closely with cross-functional teams such as sales, marketing, finance, and product management to ensure alignment with overall business objectives. The impact of their work is significant, directly influencing the company's financial performance, market position, and customer relationships.

    Duties and Responsibilities

    • Market Analysis: Conduct thorough market research to understand customer demand, industry trends, and competitor pricing strategies.
    • Price Setting: Develop pricing strategies across all products that align with business goals and objectives, considering factors such as costs and desired profit margins.
    • Price Optimization: Continuously monitor pricing data and performance metrics to identify opportunities for price optimization and revenue maximization.
    • Competitive Analysis: Analyze competitor pricing strategies and adjust pricing tactics accordingly to maintain competitiveness in the market.
    • Revenue Management: Collaborate with sales, product and Research and Development teams to develop pricing tactics that drive sales volume and revenue growth.
    • Performance Monitoring: Track key performance indicators (KPIs) such as sales volume, revenue, profit margins, and market share to assess the effectiveness of pricing strategies.
    • Cross-functional Collaboration: Work closely with cross-functional teams to ensure alignment of pricing strategies with overall business objectives and market dynamics.
    • Strategy Development: Develop and implement pricing strategies for new product launches, promotional campaigns, and market expansions.
    • Process Improvement: Identify opportunities to streamline pricing processes and systems to enhance efficiency and accuracy.
    • Any other task as assigned by the Line manager

    Requirements

    • Bachelor's Degree in Business Administration, Finance, Economics, Marketing, or a related field. A Master's degree or MBA may be preferred for some positions.
    • 3-5 years of experience in pricing analysis, revenue management, or related roles, preferably in the financial service industry.
    • Professional certifications such as Certified Pricing Professional (CPP) or Certified Pricing Strategy Analyst (CPSA) may be advantageous.
    • Experience with pricing strategy development, implementation, and optimization.
    • Demonstrated track record of success in driving revenue growth and profitability through effective pricing strategies.
    • Experience in cross-functional collaboration with sales, marketing, finance, and product management teams.
    • Familiarity with regulatory and compliance requirements related to pricing and contracts.
    • Proficiency in statistical analysis, financial modeling, and forecasting techniques to assess pricing strategies and their impact on profitability

    Skills/Competencies:

    • Ability to analyze complex data sets, interpret trends, and derive actionable insights to inform pricing decisions.
    • Proficiency in statistical analysis, financial modeling, and forecasting techniques to assess pricing strategies and their impact on profitability.
    • Capacity to think strategically and develop innovative pricing strategies that align with business goals and market dynamics.
    • Excellent verbal and written communication skills to effectively convey pricing strategies, negotiate

    Job Knowledge:

    • Comprehensive knowledge of various pricing strategies such as cost-plus pricing, value-based pricing, competitive pricing, and dynamic pricing.
    • Understanding when and how to apply these strategies based on market conditions, customer segments, and product/service attributes.
    • Proficiency in conducting market research, including gathering and analyzing data on customer demand, competitor pricing, market trends, and regulatory factors.
    • Ability to interpret market insights to inform pricing decisions and identify opportunities for growth.

    go to method of application »

    Business Process Analyst

    Scope and Impact

    • The Business Process Analyst is responsible for ensuring process knowledge and implementation as well as process owners’ compliance with processes and policies. S/he will work closely with process owners to ensure the administration of processes and policies is seamless (this involves proper change management). S/he will also be responsible for developing operational KPIs for process owners.

    Job Summary

    • The business Process Analyst is responsible for developing operational KPIs and ensuring all processes and polices are understood and adhered to by all stakeholders.

    Duties & Responsibilities

    • Create and document business processes, workflows, procedures and policies due to an arising need or instruction from the management.
    • Evaluate existing business processes, workflows, procedures and policies to identify gaps, inefficiencies, bottlenecks, and areas for improvement.
    • Optimize existing business processes, workflows, procedures and policies due to an identified gap.
    • Document current and future state processes using tools like flowcharts, process models/maps, diagrams, and written documentation to illustrate workflows and proposed changes.
    • Collaborate with stakeholders, including management to identify and understand their needs, goals, and requirements for the processes being analyzed.
    • Analyze data related to processes to identify patterns, trends, and insights that can drive process improvements and decision-making (work with the operations performance and Data Analyst on this).
    • Develop and present recommendations (substantiated by data) for process improvements, including the implementation of new tools, technologies, or methodologies to optimize workflows to line manager and key stakeholders.
    • Oversee the implementation of automation and technology solutions to process issues.
    • Develop Functional Requirement Documents (FRD) and Business Requirement Documents (BRD) that align with the business objectives and needs.
    • Effectively communicate process changes, requirements, and updates to stakeholders at all levels of the organization (work with the Operations Implementation & People Performance Executive on this).
    • Establish metrics and key performance indicators (KPIs) to measure the success and effectiveness of implemented process improvements.
    • Create and update product processes, mappings and workflow setups on the backend system application.
    • Identify and mitigate potential risks associated with process changes, ensuring that changes do not negatively impact operations or compliance.
    • Work with the Strategy and Marketing product development team to ensure that the development processes align with business objectives and meet customer needs.
    • Give optimal reports and escalate when necessary.

    Qualifications / Requirements

    • BSc / HND in any field
    • Minimum of 4 years experience in Business Process.

    Skills / Competencies:

    • Interpersonal and verbal communication skills
    • Time management and prioritization skills
    • Organizational skills
    • Assertiveness

    Method of Application

    Interested and qualified candidates should forward their Applications to: careers@conceptgroup-ng.com using the Job Title as the subject of the email.

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