Economic Analyst
3 weeks ago
Job Summary:
We are seeking an Economist Analyst to join our team at Isilumko Staffing. As an Economist Analyst, you will be responsible for delivering strategic sourcing and economic intelligence to enhance decision-making and commercial performance. You will analyze economic data, monitor market movements, and develop tools to optimize supplier negotiations.
Key Responsibilities:
- 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.
Requirements:
- University Bachelor's Degree (preferably B.Com Economics/Econometrics).
- Postgraduate relevant qualification is advantageous.
- 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.
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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