Specialist: Product Costing

**Core Description**:
**Competencies**:
**Functional Knowlege**

**Functional Skills**

Business Analytics, Problem Solving; Communicating; Modelling Techniques; Accounting; Writing; Microsoft Excel; Conceptual ability; Accuracy and attention to detail; Time management; Communication, and networking capabilities.

**Attitudes/ Leadership Competencies**

Market Leadership: Develop expertise to seize Business Orientated; Innovative; Accurate; Innovative; Responsible; Integrity; Eager to learn; Providing insights; Generating ideas; Exploring possibilities; Examining information; Adopting practical approaches; Developing expertise; Challenging ideas; Interacting with people; Understanding people; Seizing opportunities.

**Responsibilities**:

- Ensure all cost components and technology designs are accurately represented in the Local Network
- Ensure all cost components and technology designs are accurately represented in the Local Network Components (LNC) costing and are regularly updated
- Create and maintain models for all LNC costing and ensure continual improvement of cost modelling and cost principles over time.
- Liaise with Technical Product Development teams to ensure all cost components of a product are accurately represented.
- Annual review of network costing, impact on product costing and commercial pricing decision making
- Analyze and validate capital cost of expenditure related to development of new products
- Prepare end-to-end cost studies for the development of new products
- Validate assumptions, obtain costing information and generate scenarios for discussions with business units
- Develop and maintain financial pricing and viability models based on the requirements
- Generate reports, present findings, recommendations, assumptions, risks and financial impact of the proposals
- Contribute to discussions and reviews conducted during product development process. Be the costing and pricing champion for all new product developments
- Regular review and update of financial loading factors and financial assumptions used in product pricing. Calculate products and services minimum recoverable pricing based on input costs using approved financial parameters
- Annual review of existing product costs and impact analysis on commercial pricing
- Annual review of direct and indirect overheads absorbed by products. Conduct impact analysis of indirect costs on commercial pricing of products
- Ensure that all product/services cost studies are calculated in accordance with the costing principles and standards as generally used in a telecommunication environment
- Convening and coordinating regular meetings of bodies within Openserve with overall oversight of the costing and pricing effect

**Customer-Specific Solutions (CSS)**
- Validate and approve all costing and minimum prices related to CSS
- Quarterly update of forecasted financial perimeters used in the CSS process
- Attend RFQ meetings and give costing and pricing inputs to the bids team
- Manager timeous completion of all CSS and handle all internal queries/escalations related to costing and pricing of CSS

**Reporting: Margin Analysis**
- Develop a Product Margin Analysis Report to assist commercial pricing and product managers in strategic and tactical decision making
- Periodic reporting on product margins and product profitability as and when required by the business

**Required Certification**:
None.

**Qualifications**:
Relevant 3-year Degree/ Diploma (at least NQF level 6), preferably in Accounting, Cost and Management Accounting, Finance and Commercial

**Experience**:
5 years’ experience, of which at least 2 years must be relevant to the position. Experience in Product Costing and Pricing in the Telecommunication industry would be advantageous.

**Special Requirements**:
Valid driver's license Willing to work outside normal working hours

**Comments**: