Food Concepts commenced operations in 2001. From inception, our aim has been clear-cut and focused: to revolutionize the food sector in West Africa and to deliver extraordinary satisfaction to our stakeholders.
Since launching in 2004, Chicken Republic (Subsidiary of Food concepts) has already opened 55 stores in Nigeria and Ghana. On this basis, we are proud of the brand’s hard-earned reputation as the fastest growing chicken QSR in West Africa and the number 1 chicken QSR in Nigeria (both in revenues and number of outlets). In addition, Chicken Republic was ranked as one of Nigeria’s top 20 brands across all categories (Financial Standards Awards 2009).
We are recruiting to fill the position below:
Job Title: Business Analyst Manager
Requisition ID: 1442 Location: Lagos Employment Type: Full-time
Job Purpose
To support the delivery of Analysis and insights by providing data and information for the day-to-day operation of the business and identify pricing opportunities for the business.
Core Responsibilities and Key Result Areas Recipe costing:
Reviews food recipe and determines appropriate costing of menu items
Converts recipes for use in quantity preparation.
Ensure up to date costing of material items
Performs margin and pricing sensitivity analysis in order to support business initiatives
Develop price points for new product launches to improve profit margin and sales volumes.
Business Analysis:
Reviews products menu to determine the best and worst performing products by location
Determine location theoretical GP and cost benefit per location
Monitors pricing decisions and proactively monitor products’ performance to determine whether revaluation is needed
Ensures pricing accuracy across all store types and regions
Performs products and volumes profitability analysis.
Competitive Analysis:
Monitors and update commercial and competitor price lists
Analyze market trends, including competitors’ prices, consumer habits, marketing strategies and profitability
Work closely with relevant teams to capture pricing strategies and opportunities.
Data Analytics:
Reporting on daily, weekly, and monthly product performance.
Key Performance Indicators
Ensures an updated product price list by clusters
Ensures an updated competitor price list
Maintain and regularly update pricing models
Develop regular templates to drive business operation.
Job Specifications Educational Requirements:
A good First Degree in Mathematics, Statistics, Computer Science, Economics, or Finance.
Experience Requirements:
Minimum of 5 years’ experience in a similar role is required .
Professional Requirements:
Relevant professional degree is an added advantage.