Pricing Analyst

Recruiter:

Recruitpro Solutions

Job Ref:

Rec000142/LL

Date posted:

Thursday, February 26, 2026

Location:

Johannesburg, South Africa

SUMMARY:
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.

POSITION INFO:

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

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