Johannesburg: Economist Analyst posted by Isilumko Staffing

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.