About this role
Food Concepts Recruitment – Business Analyst Manager
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.
RECRUITMENT DETAILS
Requisition ID: 1442 Location: Lagos Employment Type: Full-time
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.
Application Closing Date
Not Specified.