Pricing Analyst

We are recruiting on behalf of our client for a detail-oriented and analytical Pricing Analyst to join a dynamic procurement and finance environment within a manufacturing and engineering-focused business.

This role is suited to a commercially minded professional with strong data analysis capability and procurement pricing exposure. The successful candidate will play a key role in analysing, managing, and optimising pricing structures to support profitability, cost control, and competitive positioning across the organisation.

Duties and Responsibilities The Pricing Analyst will be responsible for:
Pricing & Cost Analysis

• Analyse supplier pricing, cost breakdowns, and cost drivers
• Conduct price variance analysis including actual vs budget and historical comparisons
• Develop should-cost models, pricing benchmarks, and total cost of ownership analyses
• Identify pricing trends, cost drivers, and inflationary risks across procurement categories
• Monitor price movements, exchange rate impacts, and index-linked increases
• Benchmark prices against market data and historical spend

Supplier & Contract Support

• Validate supplier quotes, tenders, and price adjustment requests
• Support supplier negotiations with detailed pricing models and cost insights
• Ensure pricing terms are correctly implemented within contracts and ERP systems
• Monitor contract pricing, rebates, escalations, and savings performance
• Track cost savings and cost avoidance initiatives

Governance & Compliance

• Ensure adherence to procurement policies and internal controls
• Support audits and pricing governance processes
• Maintain integrity and accuracy of procurement and supplier data
• Ensure compliance with regulatory and BBEEE requirements
• Uphold ethical and transparent behaviour in line with organisational standards

Reporting & Collaboration

• Maintain pricing dashboards, models, and management reports
• Work closely with Procurement, Finance, Sales, Engineering, Production, and Aftermarket teams
• Support buyers and pricing analysts with data and administrative support
• Assist management with ad hoc projects and analytical requirements

Qualifications and Experience

• Matric / Grade 12
• Bachelor’s Degree or Advanced Diploma in one of the following:
  • Finance or Accounting
  • Economics
  • Business Administration
  • Statistics or Data Analytics
• Minimum 2–5 years’ experience in procurement price analytics
• Manufacturing or engineering industry exposure advantageous
• ERP system proficiency
• Strong Excel and reporting skills

Key Competencies

• Strong analytical thinking and problem-solving ability
• High attention to detail and data accuracy
• Ability to work independently and prioritise effectively
• Strong administrative and organisational skills
• Ability to work under pressure and meet deadlines
• Effective cross-functional collaboration
• Ethical and transparent conduct at all times