Economic Analyst

3 weeks ago


Johannesburg, Gauteng, South Africa Isilumko Staffing Full time
Job Title: Economist Analyst

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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