Business Analyst Manager at Food Concepts Plc

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
78939
Job Views
136

Job Description



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


Knowledge Requirements



  • Demonstrates good research, quantitative, and analytical skills

  • Must be competent in software programs such as Microsoft Office, Excel

  • Have a natural aptitude in mathematics and can think analytically.

  • Demonstrates commercial and economic awareness, including an awareness of global economic factors that can influence the Food & Beverage and QSR industry

  • Knowledge of written and verbal communication skills


Job Specifications



  • A good first degree in Mathematics, Statistics, Computer Science, Economics, or Finance.

  • Relevant professional degree is an added advantage

  • Minimum of 5 years’ experience in a similar role is required


Decision Expectations



  • Research and prepare pricing reports.

  • Prepares competition report

  • Prepares pricing impact reports

  • Prepares product- volume profitability report


Similar Jobs

Cookies

This website uses cookies to ensure you get the best experience on our website. Cookie Policy

Accept