Job Description
About the Role
We are seeking a highly skilled Pricing Analyst to join our team in Gauteng, South Africa. As a key member of our procurement team, you will be responsible for analyzing supplier pricing, cost breakdowns, and cost drivers to support informed purchasing decisions. You will work closely with cross-functional teams to identify cost-saving opportunities and ensure adherence to procurement policies and controls.
Key Responsibilities
- Analyse supplier pricing, cost breakdowns, and cost drivers
- Monitor price movements, inflation trends, and exchange rate impacts
- Conduct price variance analysis (actual vs budget, current vs previous)
- Support supplier negotiations with pricing and cost insights
- Develop should-cost models and pricing benchmarks
- Maintain pricing models, dashboards, and reports
- Track savings, cost avoidance, and procurement performance
- Validate supplier price increase requests
- Support audits and pricing governance
- Support buyers and pricing analysts with data and administration
- Ensure adherence to procurement policies and controls
- Always adhere to the Code of Ethics with all purchases
- Identify cost-saving opportunities through alternative sourcing and vendor innovation
- Analyse supplier pricing, cost breakdowns, and rate structures to ensure competitiveness and value for money
- Conduct total cost of ownership (TCO) and should-cost analyses to support sourcing decisions
- Identify pricing trends, cost drivers, and inflationary risks across categories
- Benchmark prices against market data, historical spend, and alternate suppliers
- Maintain accuracy of procurement and supplier data
- Ensure contract and pricing data integrity
- Comply with BBEEE and regulatory requirements
- Monitor audit outcomes related to procurement documentation
- Maintain integrity of all upkeeping of current and relevant information
- Support negotiations by preparing detailed pricing models and savings scenarios
- Validate supplier quotes, tenders, and pricing adjustments for accuracy and compliance
- Monitor contract pricing, escalations, rebates, and index-linked increases
- Ensure pricing terms are correctly implemented in contracts and ERP systems
- Assist Management and the Procurement Team with any ad hoc projects and requests
Requirements
- Matric/Grade 12
- Bachelor’s Degree or Advanced Diploma in Finance or Accounting
- Economics
- Business Administration
- Statistics or Data Analytics
- Minimum 2-5 years’ experience in procurement price analytics
- Manufacturing or engineering experience advantageous
- ERP system knowledge
- Strong Excel and reporting skills
- Understanding of procurement policies and controls
- Ability to work under pressure
- Strong communication and problem-solving ability
- Effective cross-functional collaboration with Engineering, Aftermarket and Production teams
Qualifications
- Formal education/certifications (Bachelor’s, LLB, Matric, etc.)
Salary & Benefits
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Manufacturing Jobs in Gauteng
The manufacturing sector in Gauteng, South Africa is generally a thriving industry, with many opportunities available for those looking to start or advance their careers. Typically, the job market in this field is competitive, but there are various roles and sectors to consider. Generally, the demand for skilled workers in manufacturing is high due to the growth of industries such as technology and e-commerce.
In terms of salary expectations, it’s common for manufacturing professionals in Gauteng to earn between R600 000 to R1 200 000 per annum, depending on factors such as experience, company size, and industry sector. However, please note that these are broad ranges and actual salaries can vary significantly. For example, those with specialized skills or working in larger companies may earn at the higher end of this range, while entry-level positions may start at a lower salary.
Common skills for manufacturing roles include technical knowledge, problem-solving abilities, attention to detail, leadership skills, effective communication, and adaptability. Typically, manufacturers require workers who can work efficiently, maintain high-quality standards, and collaborate with colleagues and suppliers.
Manufacturing jobs can be found in various industries such as the technology industry, financial services sector, manufacturing sector, and automotive industry, among others. These sectors often require specialized skills and training, but also offer opportunities for career advancement and professional growth.
For those looking to start or advance their careers in manufacturing, there are various opportunities available. Typically, entry-level positions can be a good starting point, with many companies offering on-the-job training and development programs. As experience is gained, workers can move into supervisory or management roles, where they can develop leadership skills and oversee production operations. With specialized skills and certifications, professionals can also transition into more technical or specialized roles, such as quality control or supply chain management.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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