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Johannesburg: Economist Analyst posted by Isilumko Staffing

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Job Description

Short Description / Purpose of Job: Deliver strategic sourcing and economic intelligence to enhance decision-making and commercial performance. Analyze economic data, monitor market movements, and develop tools to optimize supplier negotiations. Act as a subject matter expert on price indices and market analysis.

Recruitment Description / Key Accountabilities:

  • Analyze economic data and interpret trends to provide actionable insights.
  • Develop customized tools to understand procurement costs and impact on spend base.
  • Create price index models and utilize predictive analytics for sourcing optimization.
  • Maintain a dashboard for sourcing intelligence and stay updated on industry economic factors.
  • Establish sourcing intelligence frameworks and support knowledge retention activities.
  • Ensure adherence to safety and risk management standards.
  • Foster positive relationships with stakeholders to drive transparency in cost analysis.
  • Continuously improve skills and knowledge through personal development plans.

Formal Education:

  • University Bachelor’s Degree (preferably B.Com Economics/Econometrics).
  • Postgraduate relevant qualification is advantageous.

Min Experience:

  • At least 10 years experience in an economic environment.
  • Proficiency in economic indices and global commodity markets.
  • Advanced MS Office (Excel, Word, PowerPoint) and SharePoint skills.

Certification & Professional Membership: None required.

Competencies:

  • Business Acumen: Demonstrates a deep understanding of business profitability and market dynamics.
  • Critical Reasoning: Applies logical and sensible thinking to evaluate complex issues.
  • Problem Solving: Utilizes analytical skills and persistence to solve challenges effectively.
  • Reporting: Prepares accurate reports by accessing and analyzing relevant information.
  • Self-Mastery: Takes ownership of personal growth through self-awareness and continuous improvement.
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